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Staircase steps up effort to build the 'AWS Marketplace for the mortgage industry' with fresh $18M – TechCrunch

If you’ve ever had to apply for a mortgage, you know that it can be a time-consuming, expensive and often painful process — both in terms of just filling out the application and then waiting for the transaction to close. In recent years, a number of digital lenders have emerged to bring more technology to […]
United States Freddie Mac Adam Kalamchi Charles Birnbaum Ellie Mae Clocktower Technology Ventures

Tiger Global, Avid Ventures lead $35M round for London payroll automation startup Pento – TechCrunch

One of the biggest pain points for any business, but especially SMEs, is managing payroll.  A startup that has built payroll automation software to make the process less painful, Pento, has raised $35 million in a Series B round of funding co-led by Tiger Global Management and Avid Ventures. The investment marks Tiger Global’s first […]
United Kingdom Addie Lerner Emil Hagbarth Rasmussen Britain Starling Bank Tiger Global Management Tiger Global

MAJORITY raises $27M Series A six months after its seed round to expand mobile banking for migrants – TechCrunch

MAJORITY, a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in its Series A funding round led by Valar Ventures. Other existing investors, including Avid Ventures, Heartcore Capital and a group of Nordic fintech founders, also participated in the raise. The round comes just six months […]
United States Magnus Larsson Avid Ventures Heartcore Capital Image Credits For Ethiopians

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Rapyd acquiring Icelandic payments company Valitor for $100 million

Israeli fintech company Rapyd announced on Thursday that it is acquiring Icelandic payments company Valitor in a deal valued at $100 million.  Valitor supplies payments solutions for businesses across Europe, providing both in-store and online payments acceptance solutions as well as card issuing to SMB merchants in Iceland, the U.K. and Ireland, and across Europe. Rapyd said it is actively seeking companies to acquire following its $400 million funding round at a $2.5 billion valuation in Ja...
Arik Shtilman Omer Priel Arkady Karpman Cato Networks Rapyd Global Payments Network Rapyd Global Payments

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