Thatch announces $38M Series A funding led by General Catalyst and Index Ventures
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Thatch announces $38M Series A funding led by General Catalyst and Index Ventures

ByAlice Temper

Thatch, a personalized health benefits platform for forwardthinking businesses, has secured $38 million in Series A funding. This funding will be utilized to further the companys mission of decoupling health insurance from employment. The round was led by Index Ventures and General Catalyst, with new investors SemperVirens and The General Partnership joining in, along with…

Ingo Payments Acquires Deposits Inc. to Launch Modern Money Stack
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Ingo Payments Acquires Deposits Inc. to Launch Modern Money Stack

ByAlice Temper

Ingo Payments, a leader in account funding and disbursements solutions, has acquired Deposits Inc., a provider of modern banking software tools. This acquisition accelerates the launch of its Modern Money Stack, offering innovative financial services to banks, fintechs, and brands. The aim is to transform money flows into featurerich accounts, fostering new relationships, revenue streams,…

Cobre Secures $35 Million in Series B Funding led by Oak HC/FT
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Cobre Secures $35 Million in Series B Funding led by Oak HC/FT

ByAlice Temper

Cobre, a Colombiabased treasury platform, has secured $35 million in Series B funding. The funding round was led by Oak HC/FT, with participation from existing investors Kaszek, QED, and Canary. Cobres treasury platform has been empowering CFO offices in Latin America since 2020, allowing companies to centralize their money movement and banking partners. The platform…

Amount Secures $30 Million in Funding to Expand into Credit Union Market
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Amount Secures $30 Million in Funding to Expand into Credit Union Market

ByAlice Temper

Amount, a digital origination and decisioning SaaS platform for consumer and small business financing, has successfully closed a $30 million equity capital raise. The funding will be utilized to enhance their technology and accelerate their growth within the credit union sector. A new strategic investor, Curql, a collective of credit unions investing in fintech, has…

Paystand Makes Inc. 5000 List for Fifth Consecutive Year
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Paystand Makes Inc. 5000 List for Fifth Consecutive Year

ByAlice Temper

Paystand, a blockchainenabled B2B payments company founded in 2013, has achieved a remarkable 380% growth rate over the past three years, earning a spot on the Inc. 5000 list for the fifth consecutive year. Despite challenges in the fintech industry, Paystands acquisition of Teampay, a leading spend management software, has propelled its continued success. Jeremy…

Sling Money Raises $15 Million Series A Funding Round
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Sling Money Raises $15 Million Series A Funding Round

ByAlice Temper

Sling Money, an app designed to make the global transfer of money instant, easy, and lowcost, has announced a $15 million Series A funding round led by Union Square Ventures, Ribbit Capital, and Slow Ventures. The company previously raised a $5 million seed round, further establishing its presence in the fintech industry. The funding will…

NEXT Insurance Named to CNBCs List of Top Insurtech Companies, 2024
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NEXT Insurance Named to CNBCs List of Top Insurtech Companies, 2024

ByAlice Temper

NEXT Insurance, a leading digital insurer specializing in small business insurance, has been recognized by CNBC as one of the Worlds Top Insurtech Companies of 2024 in the digital insurer category. The companys CEO, Guy Goldstein, highlighted the significance of the recognition, emphasizing NEXTs commitment to leveraging technology to redefine the small business insurance landscape….

iQSTEL Inc. Announces Participation in Emerging Growth Conference
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iQSTEL Inc. Announces Participation in Emerging Growth Conference

ByAlice Temper

iQSTEL Inc., a publicly listed telecommunications and technology company, is preparing for a Nasdaq uplisting and recently announced plans to expand sales to $1 billion by FY2027. The company published a detailed business plan on August 6th, 2024, outlining key steps to achieve this sales target. These steps include a strategic acquisition to add $200…

OCN Secures $86 Million in New Funding for Gig Workers Financial Services Expansion
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OCN Secures $86 Million in New Funding for Gig Workers Financial Services Expansion

ByAlice T

OCN, a fintech company, is dedicated to providing access to financial services for gig workers in the Americas who are often excluded from traditional banking systems. The $86 million funding will be used for strategic expansion plans to become the leading financial partner for the gig economy in the region. The funding round was led…

Adaptive Secures $19 Million Series A Funding Round to Revolutionize Financial Management in Construction Industry
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Adaptive Secures $19 Million Series A Funding Round to Revolutionize Financial Management in Construction Industry

ByAlice T

Adaptive, the leading financial automation platform in the $2 trillion construction industry, aims to address the unique accounting and compliance challenges faced by businesses in the sector. Chronic payment delays and cash flow issues within the construction industry contribute to an estimated $273 billion in losses, highlighting the need for a more efficient payment infrastructure….