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UK BaaS Railsbank Closes $37M Funding Deal To Support US Growth

PYMNTS

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. Also participating in the round were Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. “We

US 220
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TS Imagine Strengthens its Marketplace Leadership with Non-Exec Board Appointments

Bobsguide

LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth. He brings over 30 years of banking experience and was previously CEO of Scotia Capital in the US.

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Bain Capital Hires Keri Gohman As An Operating Partner

PYMNTS

Bain Capital Ventures announced it has hired FinTech industry veteran Keri Gohman as an operating partner. Gohman will work across the firm’s FinTech portfolio to provide strategic counsel, as well as partner with leadership teams to boost business growth.

Capital 108
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US B2B FinTech Firms Lag With VC Investors

PYMNTS

Reports in VCCircle this week said that EnKash raised $3 million from Mayfield India and Axilor Ventures, with the Series A funding going toward EnKash’s efforts to upgrade the underlying technology of its B2B payments platform. EnKash said it also plans to bolster its leadership team with the new investment.

Fintech 176
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Finastra appoints Isabel Fernandez to accelerate lending business growth

Bobsguide

Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. London, UK – April 21, 2022 – Finastra today announced the appointment of Isabel Fernandez, a highly regarded senior banking and technology executive, to the role of EVP for the company’s Lending Business Unit, effective May 2022. finastra.com.

Lending 109
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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. The company said it will use the funding to focus on growth. PYMNTS breaks down the latest deals below. Cybersecurity. Back-Office.

US 116
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Brian Bell Navigates the Evolving Insurance Space to Provide Maximum Client Value Across Industries

Perficient

Perficient, though not new to insurance, is consistently realigning to capitalize on the industry’s digital transformation potential. Explore why leading insurance carriers count on us to drive results. We’re always seeking the best and brightest to work with us.

Industry 221