Tag: Silicon Valley Bank
SVB Financial profits jump 28% on loan growth, investment gains
The tech-focused banking company reported loan growth of 15% in a strong first quarter. Read more: www.americanbanker.com
Silicon Valley Bank teams up with First Data for accelerator program
Silicon Valley Bank announced on Monday that it joined forces with First Data to launch a FinTech focused accelerator program, Commerce.Innovated. 2017. Read more: www.crowdfundinsider.com
Banks need to get real with FinTech startups
It's clear that FinTech startups are not going away -- there are more of them all the time. Read more: bankinnovation.net
Bill payments processor Noventis seals $4m debt deal
Bill payments firm Noventis has secured $4m in debt financing from Silicon Valley Bank to fuel growth of its processing platform. Read more: www.fintechroundup.com
Align Commerce rebrands to Veem, closes $24m
Blockchain-based cross-border payments service provider Align Commerce has picked up $24m and rebranded to Veem. Read more: www.fintechroundup.com
FinTech investor Ribbit Capital looks for $300m for new fund
The Wealthfront, Avant, and Funding Circle backer is looking for $300m, according to an SEC filing. Read more: www.fintechroundup.com
Personal Capital adds another $25m to Series E round
IGM Financial pumped an initial $50m into the company in May with a further $25m dependant on the company reaching a growth milestone. Read more: www.fintechroundup.com
SME financer BlueVine picks up $49m
SME financing startup BlueVine has scored $49m in a Series D round of funding from its existing investors. Read more: www.fintechroundup.com
ThreatMetrix nabs $30m to expand fraud prevention
Anti-fraud security company ThreatMetrix has raised $30m in what it describes as a mezzanine growth capital round. The funding comes from existing backer Silicon Valley Bank. Read more: www.fintechroundup.com
Remitly grabs $38m to expand US remittance service
US remittances service Remitly has secured $38m in a new round of funding. The Seattle-based company offers mobile P2P remittances from the US and Canada. Read more: www.fintechroundup.com