Alviere, a Global Fintech Startup, Raises $70 Million Driven by Company’s Rapid Traction in Embedded Finance
Wix.com Ltd. - Ordinary Shares (WIX)
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am
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Source: Business Wire
Major Consumer Brands Partner With Alviere To Launch Financial Services, Building Profitable New Revenue Streams And Deepening Customer Relationships NEW YORK--(BUSINESS WIRE)--Alviere, the leading embedded finance platform enabling any brand to deliver financial products and services to its customers and employees, today announced that it had raised $70 million of new funding, the largest investment in this emerging sector of fintech to date.In April, Alviere closed a $20 million Series A led by Viola Ventures and Viola Fintech, with the participation of CommerzVentures, Mitsubishi Capital Corporation, Wix.com Capital (NYSE: WIX), Draper Triangle Ventures, Cross River Bank Capital, CERCA Partners and more.With the momentum Alviere has seen in the adoption of The HIVE, its embedded finance platform, the company quickly added another $50 million investment in a follow-on Series B. This latest round was led by prominent institutional fintech investors and includes the participation o
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WIX
Earnings
- 2/21/24 - Beat
WIX
Sec Filings
- 3/22/24 - Form 20-F
- 3/18/24 - Form 6-K
- 2/27/24 - Form 144
- WIX's page on the SEC website