Tag: Investment & Funding

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ID verification specialist Prove Identity bags $40m to fuel global expansion

Prove Identity, a New York-based ID verification firm, secures $40 million in funding from MassMutual Ventures and Capital One Ventures. Founded in 2008...

Iwoca lands £200m debt facility from Barclays and Värde Partners

Iwoca, a UK-based SME lender, secures £200 million in a new debt facility. Founded in 2011, Iwoca provides embedded lending solutions for small...

US Treasury grants Truist $65m NMTC allocation to spur investment in underserved communities

Truist Community Development Enterprises (CDE), a subsidiary of Truist Financial Corporation, secures a $65 million New Markets Tax Credit (NMTC) allocation from the...

US fintech Stash lands $40m in funding and appoints Amy Butte as independent audit chair

Stash raises $40 million in new funding:Led by funds advised by T. Rowe Price, with participation from existing investors. Follows previous rounds of...

US payments start-up Braid winds down operations

Braid, a San Francisco-based consumer payments start-up founded in 2018, has shut down as of September 2023. Braid shuts down operations due to...

Brokerage platform Alpaca plots Asian expansion with SBI partnership

Alpaca partners with Japan's SBI Group to expand in Asia. SBI Group, the second-largest brokerage firm in Japan, invests $15 million in Alpaca. ...