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SAN FRANCISCO, April 21, 2021 /PRNewswire/ Tribal Credit, a payment fintech specially designed for small and medium-sized businesses in emerging markets, announced today closing a combined Series A and debt round of $34.3 million.
The investment was led by QED Investors and Partners for Growth (PFG). Existing investors BECO Capital, Global Ventures, OTG Ventures and Endure Capital also took part in the round, joined by new investors Endeavor Catalyst.
As part of the investment, Tribal received $3 million from the Stellar Development Foundation, a nonprofit organization that supports the development and growth of the open-source Stellar blockchain network. Their investment will facilitate the development of Tribal s blockchain products and integration onto the Stellar network.
Tribal Credit Raises $34 3 Million to Fuel Mexican Growth and Support SMEs in Emerging Markets streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
U.S. Healthcare Fintech Lendeavor Rebrands to “Provide”; Raises $34 Million Through Series A & B Investment Rounds
Lendeavor, a U.S.-based fintech for healthcare practices, announced on Tuesday it has rebranded to
Provide, as well as raised $34 million in Series A and B equity financing led by QED Investors, with additional funding from Fifth Third Bank, Montage Ventures, and Clocktower Technology Ventures. Founded in 2014, Provide describes itself as the modern practice finance company, innovating for dentists, veterinarians, and other healthcare professionals.
“The company’s mission is to offer, in collaboration with its bank partners, a fully integrated suite of financial products that makes starting and running a healthcare practice easier – giving providers more time to care for their patients.”