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Goodwater Raises Over $1 Billion to Support Consumer Technology Startups Globally

Retrieved on:

Wednesday, July 26, 2023

BURLINGAME, Calif., July 25, 2023 /PRNewswire/ -- Goodwater, the largest venture capital fund exclusively focused on consumer tech investments, announced today that it has raised over $1 billion across its family of early and growth stage funds. With this raise, Goodwater accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good. With a clear consumer tech focus and global reach, the firm has backed 79 early and growth stage startups in 19 countries around the world. Founded in 2014 by industry veterans Chi-Hua Chien and Eric Kim, the firm now manages over $3.3B in committed capital and continues to scale as much of the venture industry is slowing.

Key Points:

"During a tough time in the market we are ready to support the very best early and growth stage consumer tech startups with $1 billion of fresh capital.
Goodwater has established itself as a leader in consumer technology venture capital with a proven track record of successful investments.
Goodwater provides tactical, hands-on support to companies solving problems common to consumer-tech startups including:
How do I acquire customers?
To join the largest consumer tech platform dedicated to serving founders and teams globally, reach out at [email protected] .

DriveWealth Celebrated as Category Leader with Top-Tier Industry Accolades from Deloitte, Forbes, CB Insights, More, During Landmark Year

Retrieved on:

Thursday, December 22, 2022

Emily Ellis, Head of People, was also recognized with an Inspiring Fintech Female Award from NYC Fintech Women.

Key Points:

Emily Ellis, Head of People, was also recognized with an Inspiring Fintech Female Award from NYC Fintech Women.
Product awards: DriveWealth recently partnered with Adaptive Financial Consulting to build a new proprietary order management system (OMS) to address increased demand in its retail brokerage business.
This high-throughput, low-latency OMS, which leverages Aeron technology, was recognized as 2022’s Best Collaboration/Alliance Initiative by Waters Technology’s American Financial Technology Awards .
“Our solutions are transforming the investing landscape and we’re honored to see such positive industry recognition for our work,” said Bob Cortright, Founder of DriveWealth.

WireBarley Named to the 2022 CB Insights' Fintech 250 List

Retrieved on:

Friday, October 7, 2022

SEOUL, South Korea, Oct. 6, 2022 /PRNewswire/ -- Cross-border payment solution provider WireBarley Corp. was named a winner of the fifth-annual CB Insights Fintech 250 ranking , a prestigious list of the 250 most promising private fintech companies of the year.

Key Points:

SEOUL, South Korea, Oct. 6, 2022 /PRNewswire/ -- Cross-border payment solution provider WireBarley Corp. was named a winner of the fifth-annual CB Insights Fintech 250 ranking , a prestigious list of the 250 most promising private fintech companies of the year.
WireBarley also offers cross-border remittance services for businesses of all sizes with strong compliance management system and FX transaction capability.
WireBarley has expanded its overseas remittance-focused service to a cross-border payment service by launching the 'WireBarley Global Card' in Korea in partnership with Visa since July 2022.
"We're honored to be recognized by CB Insights Fintech 250 list for the first time," said John Yoo, CEO of WireBarley Corp. "As one of Asia's leading fintech companies, WireBarley has been solving pain points for more than 650,000 customers and 2,000 businesses worldwide.

NEW CHEEZ-IT® PUFF'D™ HITS THE ROAD THIS SUMMER WITH THE "CHEEZ-IT® PUFF'D-A-PALOOZA" MOBILE TOUR, OFFERING FANS A FUN AND DELICIOUS PIT STOP

Retrieved on:

Monday, June 13, 2022

BATTLE CREEK, Mich., June 13, 2022 /PRNewswire/ -- Summer just got more entertaining for the whole family with Cheez-It® introducing "Cheez-It® Puff'd™-A-Palooza": an eight-stop, 15-day mobile tour at select National Association for Stock Car Auto Racing (NASCAR) races and Major League Soccer (MLS) matches complete with absurdly uplifting experiential activations celebrating the cheesy, puffy and airy greatness of new Cheez-It Puff'd.

Key Points:

Each participant walks away with their own slow-motion, 360-degree digital keepsake of their Air Guitar performance that can be shared on social media.
The Cheez-It Puff'd Run:A 30' long inflatable obstacle course where fans can hop from airy Cheez-It Puff'd obstacles from start to finish.
Whether fans make it to the finish line or wipeout on the first Cheez-It Puff'd, there's no doubt families will enjoy the Cheez-It Puff'd Run.
The Toss A Cheez-It Puff'd Game: An interactive toss game for fans to toss puffy and airy Cheez-It Puff'd inflatables to land in a hole.

Fintech Unicorn DriveWealth Appoints New Global CEO Following Rapid Global Expansion and Customer Growth

Retrieved on:

Tuesday, May 10, 2022

DriveWealth, LLC , a global fintech infrastructure company that powers equity investing for fintechs, today announced the appointment of Terry Angelos as Global Chief Executive Officer (CEO).

Key Points:

DriveWealth, LLC , a global fintech infrastructure company that powers equity investing for fintechs, today announced the appointment of Terry Angelos as Global Chief Executive Officer (CEO).
In the U.S., the largest fintech wallets, such as Block Inc.s Cash App, use DriveWealth to bring affordable and responsible investing to their millions of consumers.
DriveWealth's APIs and fractional share ownership model is the leading choice to power this digital investment experience, said Terry Angelos, DriveWealths new Global CEO.
DriveWealth is on the threshold of its next stage of growth, said Bob Cortright, Founder and current CEO of DriveWealth.

Ramper Raises a $3M Pre-Seed Round, Led by Hashed

Retrieved on:

Friday, March 11, 2022

Ramper enables frictionless user-onboarding solutions on web3

Key Points:

Hashed led the round with participation from Terra, Polygon, Goodwater Capital, Samsung NEXT, Golden Ventures, R7 Capital, 500 Global, Maple VC, and other angels.
At Ramper, we are building solutions to make web3 intuitive & user-friendly, removing friction that gets in people's way."
Ramper will do much-needed heavy lifting in removing friction points in Web3 adoption, one by one," said Baek Kim, General Partner of Hashed.
Led by serial entrepreneurs and engineers, Hashed is expediting global blockchain adoption through strategic investments and community building.

Citcon Expands Ecommerce Payments Presence to South Korea and Japan

Retrieved on:

Monday, March 7, 2022

the leading mobile wallet payment provider enabling global commerce at scale, today announced that it has expanded its global footprint to encompass South Korea and Japan.

Key Points:

the leading mobile wallet payment provider enabling global commerce at scale, today announced that it has expanded its global footprint to encompass South Korea and Japan.
Together Japan and South Korea account for more digital commerce than Germany, France and India, combined.1
We are enabling merchants to enter global markets where ecommerce is expanding rapidly, yet market participation requires a localized payments solution, said Chuck Huang, Founder and CEO of Citcon.
In South Korea, Citcon enables direct bank transfer, as well as payments through the most popular digital wallets including Toss, KakaoPay, NaverPay and Payco.
For more about the features and benefits of the Citcon platform for merchants currently operating in or considering expanding to Japan or South Korea, please see these two new market perspectives from the global payment experts at Citcon: Japan Payment Methods: What Merchants Need to Know and South Korea Payment Methods: What Merchants Need to Know .

DriveWealth Partners with Fintech Unicorn Toss Securities to Give South Koreans Unprecedented Access to U.S. Stock Market for the First Time

Retrieved on:

Wednesday, November 3, 2021

Toss Securities is a subsidiary of Viva Republica, South Korea's only fintech unicorn and operator of the financial super app Toss.

Key Points:

Toss Securities is a subsidiary of Viva Republica, South Korea's only fintech unicorn and operator of the financial super app Toss.
Our partnership represents an additional milestone for DriveWealth as we continue our mission to expand access to the U.S. markets worldwide through embedded investing.
Toss launched Toss Securities in February to diversify the breadth of financial instruments available to its 21 million users by providing access to international stock trading.
We are incredibly proud to partner with a leading global brokerage infrastructure like DriveWealth, said Jaemin Park, CEO of Toss Securities.

Neo Financial announces $64 million Series B raise to accelerate growth

Retrieved on:

Wednesday, September 15, 2021

Neo Financial (Neo), a financial technology company created by two of the co-founders of SkipTheDishes, today announced their $64 million Series B fundraising round.

Key Points:

Neo Financial (Neo), a financial technology company created by two of the co-founders of SkipTheDishes, today announced their $64 million Series B fundraising round.
This brings Neos total funding to $114 million CAD, with Valar Ventures leading both Series A and B rounds.
This raise is validation of not only the problem Neo is tackling, but our team's ability to solve it, says Neo co-founder and CEO, Andrew Chau.
For more information on Neo, visit NeoFinancial.com
Neo Financial (Neo) is a technology company working hard to build a better financial experience for all Canadians.

DriveWealth Raises $450M Series D Valuing The Company At $2.85B

Retrieved on:

Friday, August 20, 2021

DriveWealth will use the Series D investment to execute its strategic vision of becoming the category leader of embedded investing across digital wallets and brokerage apps on every continent.

Key Points:

DriveWealth will use the Series D investment to execute its strategic vision of becoming the category leader of embedded investing across digital wallets and brokerage apps on every continent.
"We are in the early innings of a worldwide retail investing revolution," said Bob Cortright, founder and CEO of DriveWealth.
"Our goal is for DriveWealth to be the partner of choice to deliver the embedded investing experience of the future.
Tripp Shriner from Point72 Ventures, who led DriveWealth's Series C round, will continue contributing in his role as board member.