AvidXchange has closed on an additional $128 million in equity capital according to a company release. The money is an extension of a funding round from earlier this year that reported a $260 million investment thus bringing the total to $388 million. Investors included; Lone… Read More
Read more in: Fintech | Tagged ap, avidxchange, charles kantor, dinkar jetley, ft partners, michael praeger, payments, payroll
Earlier this week, Crowdfund Insider wrote about the challenges some Fintech lenders are encountering due to the ongoing COVID-19 pandemic. Online lenders in the SME, consumer, and real estate sector are seeing a shift in business as borrowers and investors back away in a market… Read More
Read more in: Featured Headlines, Fintech | Tagged avidxchange, coronavirus, covid-19, ft partners, jason gardner, mark loehr, marqeta, mike praeger, openxchange
The challenger bank trend first began in Europe and has been gradually spreading to other parts of the world. Traditional banking challengers have been growing steadily and have managed to attract large investments. FT Partners’ new report, titled The Rise of Challenger Banks: Are the… Read More
Read more in: Fintech, Global | Tagged ally bank, amazon, bank one, banking, Challenger Banks, digital bank, digital banking, facebook, ft partners, gmac, ing, ing direct, nubank, revolut, uk, united kingdom, united states, us
The global Fintech build-out continues as investment continues at an accelerating pace and M&A is on track for all time highs. According to the quarterly Fintech report from FT Partners, Q2 2019 Fintech financing hit $10.9 billion – the second best quarter ever. M&As for… Read More
Read more in: Asia, Fintech, Global | Tagged ft partners, research
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