FTV Capital leads follow-on investment in company providing payment and ecommerce capabilities for global businesses CURITIBA, Brazil, — EBANX, a payments fintech company headquartered in Brazil that connects global businesses to Latin American consumers, has raised a significant follow-on investment from FTV Capital, a US-based growth equity investment firm. The investment contributed to making the fintech company the newest
VC investment in the US strong in Q2’19, reaching $31.5 billion on 2,338 dealsDeal value robust Americas and Europe but Asia remains on hold NEW YORK, July 11, 2019 /PRNewswire/ — Overall venture capital investment held steady in the second quarter of 2019, reaching $52.7 billion globally. US and European investment remained relatively robust, however, investment in Asia was weak for the
Major enterprise contract management service Icertis will collaborate with Microsoft to expand its blockchain-based contract solution, the company announced on June 11. By entering the collaboration, Microsoft will help Icertis to extend its Icertis Blockchain Framework, which is designed to enhance the transparency and efficiency of contractual frameworks using smart contracts technology. The Icertis Blockchain Framework offers a blockchain-powered solution to track contractual requirements and
Funding to advance product development and partnerships with industry-leading banks NEW YORK — Extend has announced its $11 million Series A financing. Extend’s platform enables frictionless virtual credit card issuance for banks, corporations, and other startups. The round was led by Point72 Ventures and FinTech Collective, with additional participation from Reciprocal Ventures and strategic partner
Standard Chartered announced that its venture unit, SC Ventures, has created a market-first platform, called SC Ventures Fintech Bridge, to connect community builders such as start-ups, investors and accelerators to the bank. Through the platform, parties can propose solutions to the challenges posted by the bank’s business units and request for investments. Funding is also guaranteed
MANILA, Philippines and ARMONK, N.Y., Jan. 23, 2019 /PRNewswire/ — IBM (NYSE: IBM) and the Bank of the Philippine Islands (BPI), a universal bank headquartered in Manila, have signed a $260M, multi-year services agreement. IBM will provide IT infrastructure services to support an agile IT and hybrid cloud, as well as digital development capabilities to accelerate
Dubai International Financial Centre (DIFC) has signed a memorandum of understanding (MoU) with Innovate Finance to cement cooperation and collaboration between the UK and Dubai FinTech ecosystems. Arif Amiri, chief executive officer of DIFC Authority, and Natalie Ceeney, chair of Innovate Finance at the UAE Embassy in London, signed the MoU. The latest signing builds