Philippines Remittance Market Sees Growth Potential with Strategic Collaborations and Innovative Startups
| | | |

Philippines Remittance Market Sees Growth Potential with Strategic Collaborations and Innovative Startups

ByAlice Temper

The Philippines remittance market is experiencing growth opportunities through strategic collaborations and the emergence of innovative startups. The international inbound remittance market in the Philippines is expected to reach US$41.47 billion by 2028, with a CAGR of 1.7% from 2022 to 2028. The international outbound remittance market is also projected to increase, reaching US$311.8 million…

ReNew Energy Global Announces Refinancing of Non-Convertible Debentures
| | |

ReNew Energy Global Announces Refinancing of Non-Convertible Debentures

ByAlice Temper

ReNew Energy Global plc, India’s leading decarbonization solutions company, has announced the refinancing of Non-Convertible Debentures (NCDs) issued by its subsidiaries in October 2020. The NCDs, worth INR 23,910 million, were originally subscribed by India Green Energy Holdings, a Mauritius-based SPV that raised US$325 million through senior secured bonds. The USD bonds were set to…

Fintech Company Momnt and Saluda Grade Secure $200 Million Asset-Backed Revolving Warehouse Facility from Macquarie Group
| | | | |

Fintech Company Momnt and Saluda Grade Secure $200 Million Asset-Backed Revolving Warehouse Facility from Macquarie Group

ByAlice Temper

Momnt, a leading fintech company specializing in real-time lending and payment solutions for businesses, and Saluda Grade, an investment platform focused on emerging asset classes in the U.S. real estate sector, have successfully closed a $200 million asset-backed revolving warehouse facility. The financing was provided by Macquarie Group, showcasing growing interest in the asset class…

Dispatch Raises $8 Million in Seed Funding Led by F-Prime Capital
| |

Dispatch Raises $8 Million in Seed Funding Led by F-Prime Capital

ByAlice Temper

Dispatch, formerly known as OneAdvisory, has successfully raised $8 million in seed funding for its wealthtech solution that simplifies client data management for registered investment advisors (RIAs). The funding round was led by global venture capital firm F-Prime Capital, with participation from existing investors Fika Ventures, Great Oaks, and Twelve Below. New investors CoFound Partners,…

** Axle, SaaS Startup Modernizing Corporate Access on Wall Street, Raises $1.5M in Pre-Seed Funding **
| | |

** Axle, SaaS Startup Modernizing Corporate Access on Wall Street, Raises $1.5M in Pre-Seed Funding **

ByAlice Temper

** Axle, a SaaS startup focused on modernizing corporate access on Wall Street, has announced the successful close of $1.5 million in pre-seed funding. The funding will be used to further develop and enhance Axle’s platform, which aims to reshape the traditional methods of corporate access. Axle’s CEO, Sam Shapiro, a former Goldman Sachs corporate…

Downpayments Secures $32.8M in Initial Debt Funding for Property Investors
| | | | |

Downpayments Secures $32.8M in Initial Debt Funding for Property Investors

ByAlice Temper

Downpayments, a company providing interest-free down payments for property investors, is announcing its general availability in Florida and has secured $32.8M in initial debt funding. The funding comes from Partners for Growth and equity from Second Century Ventures, backed by the National Association of Realtors. This new capital injection will power over $200M in investment…

Exponent Founders Capital Raises $125M to Fund Early-Stage Startups Across Multiple Industries
| | |

Exponent Founders Capital Raises $125M to Fund Early-Stage Startups Across Multiple Industries

ByAlice Temper

Early-stage venture capital firm Exponent Founders Capital has announced the successful raise of $125 million in funding. The firm, based in New York City, specializes in investing in inception and early stage companies in various sectors, including enterprise software, fintech and payments, infrastructure, applied AI, and vertical SaaS. The newly raised $75 million Fund II…