Search Results for "Bound"
3 results for "Bound"
Deals 3
Bound Raises $24.5M Series A for Automated FX Risk Management API
Bound, an automated FX risk management platform, raised $24.5M in a Series A round. The platform provides API-driven FX hedging and risk management for businesses. This funding highlights growing demand for embedded FX infrastructure in B2B financial services.
Abound Raises $601M in Debt and Equity for Open Banking Lending API
UK-based Abound raised £500M ($601M) in combined debt and equity funding to scale its open banking-powered consumer lending platform. Debt financing came from Citi and Waterfall Asset Management, while equity investors included K3 Ventures, GSR Ventures, and Hambro Perks. The round builds on prior $11M equity and $60M loan facilities.
LendingClub Acquires Radius Bank for $185M, First Fintech to Buy US Bank
LendingClub announced its acquisition of Radius Bank for $185 million, becoming the first fintech company to acquire a US-regulated bank. The deal was expected to close in 12-15 months with break-even anticipated two years after completion. This landmark transaction reshaped the boundary between fintech platforms and traditional banking.