BBVA pumps further $150 million into fintech venture fund Propel

bbva

BBVA is to invest as much as $150 million in its independent fintech venture fund Propel, bringing its total commitment to over $400 million.The first $50 million fund will be launched in the next few weeks, followed by funds in 2022 and 2023, which will be open to outside investors. “Propel gives BBVA a privileged […]

Storfund set to offer US$1bn to Amazon SMEs

Storfund

The London-based fintech, Storfund has announced it will hand out $1bn in cash advances to small business operators selling through Amazon and other online European, American, and Asian marketplace. The ecommerce solution can be plugged into seller accounts and provide up-front funds as and when they are required. The fintech startup, which was co-founded in […]