citi ventures

Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
March 18, 2024  |  Banking

Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. Banks, grappling with legacy back-end systems, and...

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Citi Ventures Invests in Core Banking Provider Tuum
Citi Ventures Invests in Core Banking Provider Tuum
March 14, 2024  |  Banking

Citi Ventures has become a strategic investor in Tuum in an extension to the Series B funding round Tuum announced in February. Together with its investment, Citi Ventures...

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Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
August 18, 2023  |  Merchant Innovation

Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone.  Etsy, Poshmark and Depop...

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Building Cities With Online Platforms And Opportunity Zones
Building Cities With Online Platforms And Opportunity Zones
June 05, 2020  |  Investments

If recent headlines have taught us anything, it is that economic support and investments can go a long way toward helping cities, businesses and individuals...

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Citi Joins Trade Finance Network
Citi Joins Trade Finance Network
February 20, 2020  |  B2B Payments

Citi is signing on to Contour’s blockchain-driven trade finance network, Contour announced in a press release on Sunday (Feb. 16). The bank joins numerous banking giants...

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Goldman-Backed Second Measure Lands $20M For Card Spend Analysis
Goldman-Backed Second Measure Lands $20M For Card Spend Analysis
February 12, 2019  |  Investments

Second Measure, a startup that analyzes credit card data and trends and sends out bi-weekly reports to investors, has raised $20 million in a Series...

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Citi Ventures Aims Latest Funding At Supply Chain Transparency
Citi Ventures Aims Latest Funding At Supply Chain Transparency
April 05, 2018  |  B2B Payments

Citi Ventures announced an investment in supply chain management and business intelligence startup Contguard on Wednesday (April 4). Citi Ventures, along with Canaan Partners Israel,...

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Citi Makes B2B Play With HighRadius Investment
Citi Makes B2B Play With HighRadius Investment
February 15, 2018  |  B2B Payments

Citi Ventures, the venture capital arm of Citi, has reportedly made an investment in B2B payments and receivables management company HighRadius, reports said Wednesday (Feb...

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Clarity Money Raises $11M In VC Dollars To Hire, Add Features
Clarity Money Raises $11M In VC Dollars To Hire, Add Features
March 24, 2017  |  Mobile Commerce

Clarity Money, the personal finance app, has reportedly raised $11 million in venture capital funding, which it will use to expand its team and offerings....

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