Search Results for "Amount"
8 results for "Amount"
Deals 8
Stripe Acquires Merchant-of-Record Platform Lemon Squeezy
Stripe acquired Lemon Squeezy, a Salt Lake City-based merchant-of-record payment processor, for an undisclosed amount. The acquisition adds compliance, global tax handling, subscriptions, and multi-currency support to Stripe's offerings. This is Stripe's 16th acquisition since its 2010 founding.
Finology Closes Pre-Series A to Scale Embedded Finance APIs in APAC
Finology, an APAC embedded finance provider, completed a pre-Series A round led by Silverlake Group with participation from The Hive Southeast Asia and MTDC. The funding will scale its API-powered lending and insurance products targeting underbanked populations. The amount was undisclosed.
Mastercard Launches Engage Partner Network for White-Label BNPL Solutions
Mastercard announced its Engage partner network on December 7, 2022, connecting banks and lenders with fintech providers offering white-label buy-now-pay-later installment programs. The network includes fintechs such as Jifiti, Amount, Canopy, Galileo, LiftForward, and Peach Finance. Over 150 providers in Engage have deployed solutions on more than 500 million accounts using Mastercard services.
Amount Acquires Linear Financial Technologies for $175M
Fintech infrastructure provider Amount acquired Linear Financial Technologies for $175 million in cash and stock. The deal combines consumer and business banking technology, serving major banks including TD, Regions, American Express, and PNC. The acquisition expands Amount's ability to offer end-to-end digital banking and lending solutions to financial institutions.
Amount Raises $99M Series D at $1B+ Valuation to Power Bank Digitization
Chicago-based banking infrastructure provider Amount raised $99 million in Series D funding, achieving unicorn status. The round was led by WestCap with participation from Goldman Sachs, Hanaco Ventures, Invus Opportunities, and Barclays Principal Investments. Amount provides APIs and enterprise software helping banks compete with fintechs in retail lending and BNPL.
Amount Raises $81M Series C to Power Digital Banking for Financial Institutions
Amount, a US-based fintech, raised $81 million in a Series C round led by Goldman Sachs Growth. The company provides technology solutions that enable financial institutions to enhance their digital consumer banking experiences. The round brought Amount's total 2020 fundraising to nearly $140 million.
Deutsche Bank Acquires 4.9% Stake in Fintech Deposit Solutions
Deutsche Bank acquired a 4.9% stake in Deposit Solutions, a fintech company that operates an open banking platform for deposit products. The investment amount was not disclosed. The strategic stake signals Deutsche Bank's interest in leveraging fintech infrastructure to expand its deposit marketplace capabilities.
Avant Launches Amount as White-Label BaaS Platform for Banks
Online lender Avant rebranded its 'Powered by Avant' SaaS business unit as Amount, a white-label banking partner platform for fintechs and banks. The platform offers customizable digital lending solutions including decisioning engines, fraud prevention, risk modeling, and white-label servicing. Banks like Regions Bank and Eloan (Banco Popular) were already using the platform to deliver digital personal loans.