StratiFi Technologies Inc., whose technology solutions are designed to help advisors improve investment outcomes for clients while increasing the stability of their own businesses, closed a $7 million Series A funding round led by Anthemis Group, Wolverine Holdings, Cboe Global Markets, HOF Capital, and AngelList.
Kabbage, Inc., a global financial services, technology, and data platform serving small businesses, entered into a definitive agreement to acquire Orchard, a pioneer in developing technology and analytics for online lending and financial services. The acquisition will allow Kabbage to integrate Orchard’s technology platform for
OnDeck, an online lending platform for small businesses, closed a $100 million asset-backed revolving credit facility with Pioneers Gate LLC, a lending vehicle of a leading life insurance company managed by 20 Gates Management. It provides the longest revolving funding period and the lowest interest
Ceterus, a software-as-a-service company closed $10 million in venture capital for their Series B funding round led by Harbert Growth Partners, TechOperators, GroTech Ventures, Idea Fund Partners, and Alerion Ventures. Ceterus’ Edge Automation system automates entries into QuickBooks Online and aggregates financial data to provide peer
CommonBond, a financial technology company that helps students and graduates pay for higher education, today announced a $50 million Series D financing round. Fifth Third Capital Holdings, LLC, a wholly-owned subsidiary of Fifth Third Bancorp (NASDAQ: FITB), led the round, with First Republic Bank (NYSE:
Wealthsimple has raised a $51 million investment from the Power Financial group of companies. According to the millennial-friendly digital investing service, it now manages approximately $1.45 billion for 65,000 clients in Canada, the United States, and the United Kingdom. Wealthsimple seeks to make it easy for
Tipalti, a global payables automation solution, today announced it has closed a $30 million Series C financing round led by Zeev Ventures. Tipalti’s cloud-based payment platform helps CFOs scale payable operations for rapid and global growth by eliminating risks and inefficiencies caused by complex, manual
Fintech company Stash today announced it has raised $37.5 million in Series D funding. The round was led by Union Square Ventures, and it included existing investors Breyer Capital, Coatue Management, Entree Capital, Goodwater Capital and Valar Ventures. Stash is on a mission to provide Americans
Payments company YapStone announced the first closing in a Series C funding round, raising $71 million. Premji Invest led the round and was joined by several high-profile investors, including Mastercard and existing investors Accel and Meritech Capital Partners. YapStone's configurable payment system enables marketplace and software
Small business bookkeeping service Bench today announced it has raised $18 million in Series B-1 funding, led by iNovia Capital, with participation from existing investors Bain Capital Ventures, Altos Ventures, and Silicon Valley Bank. Bench has developed a proprietary automation platform that aims to reduce