funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

Texas FinTech Bank GloriFi Shutters as Funding Falls Through

Texas FinTech Bank GloriFi Shutters as Funding Falls Through
Texas FinTech Bank GloriFi Shutters as Funding Falls Through
November 21, 2022  |  Banking

GloriFi, a Texas startup that billed itself as a conservative alternative to “woke” Wall Street firms, is reportedly closing its doors. Get the Full Story...

READ MORE >
FinTech WeLab Considers $250M Funding Round for APAC Expansion
FinTech WeLab Considers $250M Funding Round for APAC Expansion
November 21, 2022  |  Investments

Hong Kong-based lending FinTech WeLab is reportedly considering a new funding round that could value the company at about $2 billion. Get the Full Story...

READ MORE >
Binance CEO Zhao’s Crypto Recovery Fund Proposal Draws Support
Binance CEO Zhao’s Crypto Recovery Fund Proposal Draws Support
November 16, 2022  |  Cryptocurrency

Binance CEO Changpeng Zhao’s proposal to form a recovery fund for the crypto industry is reportedly drawing a positive response from firms interested in contributing. ...

READ MORE >
UK FinTech Banked Raises $15M for US Expansion
UK FinTech Banked Raises $15M for US Expansion
November 15, 2022  |  Investments

U.K.-based FinTech Banked has raised over $15 million in a Series A round, according to a press release on Tuesday (Nov. 15). Get the Full...

READ MORE >
Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
November 15, 2022  |  Cryptocurrency

The cryptocurrency exchange he launched may be broke and under investigation, but FTX founder Sam Bankman-Fried is still hoping to raise enough cash to cover...

READ MORE >
Indian FinTech Lentra Nets $60M on $400M Valuation
Indian FinTech Lentra Nets $60M on $400M Valuation
November 14, 2022  |  Investments

India-based lending software provider Lentra has raised $60 million in a Series B funding round and said it will use the new capital to expand...

READ MORE >
Report: Ant Group’s Consumer Finance Unit Plans to Raise $1.5B
Report: Ant Group’s Consumer Finance Unit Plans to Raise $1.5B
November 14, 2022  |  Investments

Chongqing Ant Consumer Finance — the consumer finance unit of China-based Ant Group — is reportedly planning to raise the equivalent of $1.5 billion in...

READ MORE >
Kyte Raises $60M to Expand on-Demand Car Rental Offerings
Kyte Raises $60M to Expand on-Demand Car Rental Offerings
November 11, 2022  |  Investments

On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add...

READ MORE >
Egyptian Digital Lender Blnk Raises $32M
Egyptian Digital Lender Blnk Raises $32M
November 10, 2022  |  Investments

Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized...

READ MORE >