Fundbox

Ontra Welcomes Leslie Olsen as Chief Marketing Officer

Retrieved on: 
Wednesday, March 6, 2024

SAN FRANCISCO, March 6, 2024 /PRNewswire/ -- Ontra, the leading provider of AI-powered legal technology solutions for the world's most prominent private capital investment firms, today announced the appointment of Leslie Olsen as Chief Marketing Officer.

Key Points: 
  • SAN FRANCISCO, March 6, 2024 /PRNewswire/ -- Ontra, the leading provider of AI-powered legal technology solutions for the world's most prominent private capital investment firms, today announced the appointment of Leslie Olsen as Chief Marketing Officer.
  • Leslie brings over 20 years of experience as a deeply customer-centric marketing leader focused on delivering profitable growth.
  • Leslie will oversee strategic marketing for Ontra's Legal Operating System, which leverages artificial intelligence to automate critical legal workflows across fundraising, portfolio investment, and fund operations.
  • "Throughout my career, I've been drawn to companies that address critical pain points for customers in unique and innovative ways," said Leslie Olson, Chief Marketing Officer at Ontra.

Nav Partners with Fundbox to Make it Easier for SMBs to Access Capital

Retrieved on: 
Tuesday, March 5, 2024

Fundbox has connected with over 500,000 small businesses, both directly and through embedded relationships with platforms like Nav.

Key Points: 
  • Fundbox has connected with over 500,000 small businesses, both directly and through embedded relationships with platforms like Nav.
  • Fundbox's API integrations and AI-powered underwriting enable a seamless experience for both platform partners and the small businesses they serve.
  • With the largest network of financial providers, Nav has helped more than 2 million businesses better understand their financial health and get access to leading capital providers like Fundbox.
  • "Our partnership with Fundbox helps to level the playing field for small businesses, and ultimately improves their ability to access capital.

Black Ore Emerges from Stealth with $60 Million in Funding to Bring AI to Financial Services

Retrieved on: 
Tuesday, November 7, 2023

AUSTIN, Texas, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Black Ore , a leading AI platform for financial services, launched today and announced $60 million in financing led by a16z and Oak HC/FT .

Key Points: 
  • AUSTIN, Texas, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Black Ore , a leading AI platform for financial services, launched today and announced $60 million in financing led by a16z and Oak HC/FT .
  • Black Ore offers an AI and automation platform that accelerates core workflows for financial services businesses and simplifies the experience for their clients.
  • Future product offerings will target wealth management, financial advisory and planning, insurance services, and more.
  • Black Ore aims to revolutionize the financial services industry with a platform of AI automation solutions.

World's First Gigaton-Scale Carbon Removal Company, Deep Sky, Welcomes Ron Hirson as Corporate Development Advisor

Retrieved on: 
Wednesday, September 27, 2023

MONTRÉAL, Sept. 27, 2023 /PRNewswire/ -- Deep Sky , a Montreal-based carbon removal project developer, today announced that Ron Hirson will become a corporate development advisor to the company.

Key Points: 
  • MONTRÉAL, Sept. 27, 2023 /PRNewswire/ -- Deep Sky , a Montreal-based carbon removal project developer, today announced that Ron Hirson will become a corporate development advisor to the company.
  • At Deep Sky, Ron will advise on growth, strategy and business development, facilitating strategic partnerships with top tier talent, influencers, investors and partners.
  • Most recently, Ron served as Chief Product Officer at DocuSign (NASDAQ: DOCU), leading product and customer experience.
  • "Over the years, I've met many promising climate tech founders," said Ron Hirson, Deep Sky Advisor.

Entrepreneur and investor Yuval Ariav closes $50M debut fund Symbol

Retrieved on: 
Tuesday, August 8, 2023

Symbol announces the closure of its $50 million debut fund, focused on first-check investments in Israeli entrepreneurs building ‘pre consensus’ startups.

Key Points: 
  • Symbol announces the closure of its $50 million debut fund, focused on first-check investments in Israeli entrepreneurs building ‘pre consensus’ startups.
  • Symbol’s founder and Managing Partner is Yuval Ariav, an accomplished entrepreneur part of the founding team of Onavo (acquired by Meta in 2013 for $200 million) and co-founder and first CTO of the fintech scale-up Fundbox.
  • After leaving Fundbox, Ariav joined LionBird as a General Partner, leading investments in companies such as Assured Allies and Fundguard.
  • LionBird, an early investor in FundBox and Ariav’s former professional home, is also a Limited Partner in Symbol.

Capstack Emerges from Stealth with $6M to Launch First Integrated Operating System for Banks

Retrieved on: 
Wednesday, July 12, 2023

MIAMI, July 12, 2023 /PRNewswire-PRWeb/ -- CapStack, the first integrated operating system for banks, today announced it has emerged from stealth backed by $6 million in pre-seed funding. The round was oversubscribed and led by Fin Capital with participation from Alloy Labs, Rex Salisbury's Cambrian Ventures, Cowboy Ventures, Future Perfect Ventures, Gaingels, Selah Ventures, Uncorrelated Ventures, and Valor Equity Partners.

Key Points: 
  • CapStack, the first integrated operating system for banks, today announced it has emerged from stealth backed by $6 million in pre-seed funding.
  • MIAMI, July 12, 2023 /PRNewswire-PRWeb/ -- CapStack, the first integrated operating system for banks, today announced it has emerged from stealth backed by $6 million in pre-seed funding.
  • Founded by Michal Cieplinski, CapStack is building the platform to address key gaps around loan and deposit exposure, portfolio diversity, and profitability for banks.
  • "CapStack is the first integrated operating system for banks enabling cooperation across banks and other financial services institutions in order to drive profitability and asset diversification," said Jillian Williams at Cowboy Ventures.

Fundbox Hires Seasoned Engineering Leader Ofer Karp as New Chief Technology Officer

Retrieved on: 
Tuesday, August 16, 2022

Fundbox , a leading embedded working capital platform for small businesses, announced today that it has hired Ofer Karp, a seasoned engineering executive, as the companys new Chief Technology Officer and General Manager of Tel Aviv.

Key Points: 
  • Fundbox , a leading embedded working capital platform for small businesses, announced today that it has hired Ofer Karp, a seasoned engineering executive, as the companys new Chief Technology Officer and General Manager of Tel Aviv.
  • Based in Israel, Karp will oversee all engineering and technology functions, including Product Engineering, Platform Engineering, and Information Security, and will lead the companys Israeli office.
  • Karp will be responsible for scaling Fundboxs engineering functions as the company continues to experience increasing demand for its working capital solutions.
  • As Fundbox continues to mature, it becomes critical for us to bring on talent with deep operational knowledge in scaling long-term, durable businesses, said Prashant Fuloria, CEO of Fundbox.

Fundbox Announces Partnerships to Expand Payment Capabilities, Adds Former Goldman Sachs Exec as Chief Product Officer

Retrieved on: 
Wednesday, June 22, 2022

Fundbox also announced the appointment of a new Chief Product Officer, Jin Hwang, who most recently served as Head of Product - Platform at Marcus by Goldman Sachs and previously led the product team at Intuit QuickBooks Capital.

Key Points: 
  • Fundbox also announced the appointment of a new Chief Product Officer, Jin Hwang, who most recently served as Head of Product - Platform at Marcus by Goldman Sachs and previously led the product team at Intuit QuickBooks Capital.
  • Our new partnership with Galileo and MetaBank enables us to expand and scale payment offerings on our platform, said Prashant Fuloria, CEO of Fundbox.
  • The continued expansion of Fundboxs working capital products will be overseen by Jin Hwang, Fundboxs new Chief Product Officer.
  • Most recently, Hwang served as Head of Product - Platform at Marcus by Goldman Sachs, where he built and scaled the platform product team.

Visa Partners with Fundbox to Enable New Payment Capabilities for Small Businesses

Retrieved on: 
Tuesday, May 31, 2022

The first step in this collaboration is the launch of the Fundbox Flex Visa Debit Card, issued by Pathward, N.A., which helps small business customers better manage their cash outflows.

Key Points: 
  • The first step in this collaboration is the launch of the Fundbox Flex Visa Debit Card, issued by Pathward, N.A., which helps small business customers better manage their cash outflows.
  • Small businesses that embrace digital tools tend to be more resilient and better able to compete, said Jack Forestell, Chief Product Officer, Visa.
  • As Visa continues to work towards digitally enabling 50 million small businesses by 2023, were excited to be teaming up with Fundbox to bring a range of new, digital offerings to the market from cards to installments to disbursement.
  • The Fundbox Flex Visa Debit Card brings the power of Flex Pay to card-accepting merchants, enabling convenient payments for expenses like travel, supplies and incidentals.

Fundbox Builds Working Capital Solution on Stripe Platform

Retrieved on: 
Tuesday, May 24, 2022

SAN FRANCISCO, May 24, 2022 (GLOBE NEWSWIRE) -- Fundbox announced today its working capital platform is now embedded within Stripe, a financial infrastructure platform for businesses.

Key Points: 
  • SAN FRANCISCO, May 24, 2022 (GLOBE NEWSWIRE) -- Fundbox announced today its working capital platform is now embedded within Stripe, a financial infrastructure platform for businesses.
  • The Stripe App Marketplace, Stripes new ecosystem for financial services, features Fundbox as a leading provider of working capital solutions.
  • Fundbox has unlocked access to over $3B in working capital and connected with half a million businesses on its platform.
  • Fundbox is an embedded working capital platform for small businesses.