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Funding round-up: Investors dig deep for Nymbus, Trade Ledger, Mesh and TomoCredit

BankInovation

Several startups received a capital boost this week as investors funnelled millions of dollars into technology that automates and streamlines traditionally laborious manual processes. The startups’ technologies span digital banking platforms, SMB underwriting, corporate payments and consumer credit.

Miami 98
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Latin America Tries To Tackle Its Digital Security Problem

PYMNTS

Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Another risk — and another opening for criminals — concerns older, legacy technology, as attendees at the SWIFT conference in Miami discussed. Fraud is a Top Worry.

America 102
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FIs Embrace FinTech Options To Bolster Business Banking

PYMNTS

Reports in NS Banking said the partnership is part of Virgin Money's SME Wellness Tracker, a financial management portal staged for launch later this year. Apollo Bank Adopts CheckAlt Lockbox Technology. Miami-based Apollo Bank is turning to a third-party FinTech to strengthen its corporate payments and treasury management offering.

Fintech 142
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Top 28 Digital Lenders to U.S. Small Businesses

Fintech Labs Insights

CAN Capital. Lighter Capital. As nerds do) We are developing a proprietary score measuring adoption of private digital financial services companies that do not release traditional metrics (# customers, loans, orginations, etc). A defunct Canadian bank, Bayshore Trust, launched the first online loan application in March 1996.

Atlanta 15
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Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

CAN Capital. Lighter Capital. As nerds do) We have developed a proprietary score measuring adoption of private digital financial services companies that do not release traditional metrics (# customers, loans, orginations, etc). . CAN Capital. Lighter Capital. Kabbage (AmEx). Fundera (NerdWallet). Biz2Credit.

Atlanta 15
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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Personal Capital. Digital wealth manager. Full-service digital bank. HQ: Miami, Florida. million) and Jetty ($4 million). Source: Crunchbase.

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First Look: The 56 Fintech Companies in YC’s Latest Batch (W21)

Fintech Labs Insights

Streamline your debt capital raise and management. R2 Capital. Stripe Capital for Latin America. Capital #SMB. The digital bank for small businesses in the Philippines. Banking #SMB. Capital #SMB. Finance SMBs’ working capital needs with personal credit cards. Founded: 2020. Fractional.