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Borrowell raises $25 million to fund acquisition of Refresh Financial (BETAKIT)
The all-equity financing included a number of new investors for Borrowell, such as Kensington Capital Partners, BDC Capital, iA Financial Group and Impact Engine, a Chicago-based social impact-focused investment fund.
International Womxn’s Week: We Mean Business
International Womxn’s Week (IWW) is twelve jam-packed days of virtual events designed to unite allies and inspire, equip, and empower womxn in leadership in professional fields.
Kick-off IWW on Monday, March 1st at The “F” Factor: Fuelling Womxn Founders, a free digital ‘tell-all’ event featuring an all-star panel and keynote by Mandela SH Dixon, CEO & Cofounder, Founder Gym.
Founder Gym is an online program that trains underrepresented founders on how to raise money, whose graduates have gone on to raise over $80M in capital in less than three years.
This event is all about funding, fundraising, and fearlessness in growing your startup or scale-up.
Make the most of 2021: Register now.
The middle-aged crypto-king intent on leaving something greater behind (FINANCIAL POST)
Anthony Di Iorio, co-founder of Ethereum, is plotting a way out of cryptocurrency to tackle a project he hopes will help change the world for the better.
Canada’s VersaBank to debut VCAD, a bank-backed cryptocurrency (YAHOO! FINANCE)
According to VersaBank, VCAD will be the first bank-issued cryptocurrency and the “first digital currency to represent a fiat currency.”
Exclusive: Klarna may opt for direct listing as private funding looms (REUTERS)
The banking sources, and another source familiar with the company, said it was finalising another private funding round to raise at least $500 million that could be completed within days.
Clearbanc expands reach of revenue financing model with new product for early-stage founders (BETAKIT)
Clearbanc is currently testing out a new product, ClearAngel, that will allow companies at the earliest stages to receive revenue-share model funding.
Coinbase files for direct listing after revenue more than doubles in 2020 (CNBC)
The company will use a direct listing to offer its shares instead of a traditional initial public offering.
Crypto company Anchorage raises $80 million after getting federal banking charter (TECHCRUNCH)
Anchorage has raised an $80 million Series C funding round led by GIC, also known as Singapore’s sovereign wealth fund.
Affirm to launch buy now, pay later debit card (REUTERS)
Companies in the sector, including Sweden’s Klarna and Australia’s Afterpay, have seen business blossom over the past year as consumers shopped online more during the pandemic.
Banking-as-a-service made FinTech explode. But as a bigger market awaits, so do new problems. (PROTOCOL)
A race is on to supply non-FinTechs with backend financial technology to help improve their customer experience. Plenty of obstacles lie in the way.
Wirecard regulator pursued critics after a probe found nothing (BNN BLOOMBERG)
Germany’s financial regulator pursued criminal complaints over alleged manipulation of Wirecard AG shares even after a review of more than half of the overall trading volume found no clear evidence of wrongdoing.
