funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

Investors Sour On Postmates, Triggering Layoffs
Investors Sour On Postmates, Triggering Layoffs
December 04, 2019  |  Delivery

Food-delivery startup Postmates has laid off dozens of employees and shuttered its Mexico City office, CNBC reported on Tuesday (Dec. 3), citing sources.  Postmates, which...

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Rapyd FinTech Picks Up $20M; Eyes Big Acquisitions
Rapyd FinTech Picks Up $20M; Eyes Big Acquisitions
December 04, 2019  |  Investments

London-based FinTech startup Rapyd has secured an additional $20 million in funding, bringing its valuation to $1.2 billion. This latest round of funding comes from...

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SoftBank Leads $100M Investment In Mexico’s Konfio
SoftBank Leads $100M Investment In Mexico’s Konfio
December 03, 2019  |  B2B Payments

SoftBank Group has made another investment in Mexico, leading a $100 million funding round for small business (SMB) lender Konfio. This marks the Japanese conglomerate’s...

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Postscript Gets $4.5M To Help eComm Firms Leverage SMS
Postscript Gets $4.5M To Help eComm Firms Leverage SMS
December 03, 2019  |  Investments

To help Shopify shops keep in touch with consumers through SMS, Postscript notched $4.5 million in funding. Accomplice led the investment round, which was also backed...

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Corporate America Credit Union To Serve As RTP Funding Agent
Corporate America Credit Union To Serve As RTP Funding Agent
December 03, 2019  |  Credit Unions

The Corporate America Credit Union (CACU), which serves almost 500 credit unions (CUs) around the world, has become a funding agent for the RTP network,...

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On-Demand Payment FinTech Hastee Helps Cos Pay Workers On Demand
On-Demand Payment FinTech Hastee Helps Cos Pay Workers On Demand
December 03, 2019  |  B2B Payments

A FinTech payday startup called Hastee has received a $270 million investment from Umbra Capital Partners, with participation from IDC Ventures and others, according to...

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Singapore’s FinAccel FinTech Lands $90M To Grow Credit Lending App
Singapore’s FinAccel FinTech Lands $90M To Grow Credit Lending App
December 03, 2019  |  Investments

Singapore-based FinAccel has raised $90 million in a funding round led by Asia Growth Fund (a joint venture between Mirae Asset and Naver) and Square...

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The Venture Investing Road Less Traveled: Funding Enablers, Not Challengers
The Venture Investing Road Less Traveled: Funding Enablers, Not Challengers
December 02, 2019  |  Investments

High-flying tech unicorns have been brought to earth. Venture capital dollars chase Neobanks and alternative credit companies.  Commerce Ventures Founder Dan Rosen tells Karen Webster that...

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Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
December 01, 2019  |  Investments

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that it needs to become a challenger bank. The news comes days...

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