Linker Finance, a dynamic FinTech company focused on revamping the digital banking sector for community banks, has announced a successful seed funding round. The company has raised a substantial $3.7m, which was led by Ten One Ten Ventures and Chingona Ventures. This round also saw participation from a mix of venture capitals and angel investors
Piramal Finance, a subsidiary of Piramal Enterprises Limited, has entered into an agreement with the Central Bank of India to expand co-lending operations. In a bid to support and reach underserved markets, Piramal Finance teamed up with the Central Bank of India, with the two organisations planning to centre their efforts on offering loans to
Nymbus, a leading provider of innovative financial technology solutions, has recently announced a significant strategic investment from Gesa Credit Union. Based in Washington, Gesa is a prominent financial institution with assets exceeding $5.5bn, serving close to 290,000 members across the Pacific Northwest. This new funding is set to bolster Nymbus’ mission to support credit unions
US-based provider of financing services for SMBs Kapitus has announced the closing of a USD 45 million investment-grade corporate note financing. Following this announcement, the closing of this funding round represents an important step in the company’s process of development, as the proceeds from the transaction are expected to be used to further expand
Saturday (June 15) marks Elder Abuse Awareness Day. As more baby boomers and seniors go online to get their banking done — making payments, investing and paying bills or taxes — the fraudsters are finding elder abuse of a financial nature to be quite lucrative. Coming into 2024, the PYMNTS Intelligence report “How the World