Onyx Private banks $4.1M to become the ‘next-generation UBS’
By Riley Kaminer Do you already have enough metal cards banging around in your wallet, pocket, or purse yet? If you live in Miami and…
Miami fintech Calculum raises seed round to help companies optimize their working capital
Amid recessionary headwinds and geopolitical shifts, optimizing supply chains and working capital has become a high priority for C-suites and boardrooms. Miami-based Calculum leverages advanced analytics and…
Marco secures $200M to grow LatAm-focused SME financing platform
In addition to the credit facility, the Miami startup also closed an $8.2M equity fundraise By Riley Kaminer Small businesses are a big deal. Globally,…
Boopos ramps up, firmly on the path to become the investment bank for SMBs
By Riley Kaminer 2022 was a banner year for business financing firm Boopos. In February, the startup collected a $30 million debt and equity fundraise.…
nxtCRE raises funding to expand commercial real estate platform
By Riley Kaminer This week, Miami-based nxtCRE announced that it has secured Series A funding led by principals of RiverLake Partners, a private equity firm.…
Fixed income fintech YieldX acquired by global wealth management platform FNZ
By Riley Kaminer Miami-based fintech YieldX announced today that it will be acquired by global wealth management platform FNZ. YieldX made a name for itself…
Miami is becoming a hub for cross-border payments – here’s how
Our international finance and crypto prowess has led the Magic City to become a hotspot for innovators working to make it easier to send money…
Genesis Global secures $20M in funding from Bank of America, BNY Mellon and Citi
By Nancy Dahlberg Genesis Global, now a Miami-based financial technology company, just announced new strategic investments from Bank of America, BNY Mellon and Citi totalling…
PayCargo raises $130M from Blackstone Growth to expand internationally
PayCargo, provider of a logistics payments and data infrastructure platform, has raised $130 million from funds managed by Blackstone Growth. The mega…
Finnt raises $3.5M seed to help cross-border families send, save, and spend money
By Riley Kaminer If you live in Miami, chances are that either you have some family living abroad, you yourself are one of the 57%…
NovoPayment nabs $19M Series A to supercharge growth of digital banking platform
Today, Miami fintech NovoPayment announced that it has raised a $19 million Series A financing round, led by local investors Fuel Venture Capital and …
Milo’s $17 million Series A will help crypto investors make the most of their holdings
Miami-based FinTech Milo, a digital banking and home mortgage FinTech, has closed a $17 million Series A led by M13. Two investors from Milo’s seed…
Technisys, a Miami-based LatAm fintech leader, will be acquired in $1.1B deal
The banking-software company Technisys is being acquired for about $1.1 billion. SoFi Technologies, a publicly traded digital personal finance company, on Tuesday said it entered into…
Miami startup Allocations embarks on a hiring spree – a big one
Kingsley Advani, Allocations’ founder and CEO, said his fintech startup plans to hire 230 more people “across the board” over the next year. All…