SEATTLE--(BUSINESS WIRE)--PortX, the leading financial infrastructure and integration technology company that provides open access to data and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announced a strategic partnership with Plaid, the data network powering the digital financial ecosystem. This collaboration combines the power of PortX's digital core banking integration experience with Plaid’s industry-leading capabilities for connecting data between applications and bank accounts. Seamless Banking and Enhanced Data Analysis The alliance between Plaid and
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IRVINE, CALIF. (PRWEB) APRIL 04, 2018 Qmerit, a leader in cloud-based MRO supply chain solutions, announced it has completed its first venture capital financing of $11.75 million. Strandview Capital led the investment alongside two strategic investors -- Schneider Electric’s fund, an investment vehicle of Schneider Electric, a US $30 billion leader in energy management and automation; and innogy Ventures, the investment arm of Germany-based energy group innogy SE. Kevin Covert from Strandview and Heriberto Diarte
Read moreLA JOLLA, Calif., Feb. 26, 2018 /PRNewswire/ -- Silvergate Capital Corporation ("Silvergate"), the holding company for Silvergate Bank, a California chartered commercial bank (the "Bank"), today announced it completed a private placement of 9.5 million shares of Silvergate common stock, generating gross proceeds of $114 million. Proceeds from this placement will support further growth in the Bank's nationwide fintech deposit initiative and its business banking and residential lending activities, as well as funding a one-time
Read moreHUNTINGTON BEACH, Calif., Nov. 13, 2017 /PRNewswire/ The Closing Exchange announced today the acquisition of Notary Direct and Skye Closings to transform the signing services business for the mortgage, title and settlement, reverse mortgage, auto lending, and timeshares industries. "The Closing Exchange represents the manifestation of what a panel of the top lenders and title & settlement companies defined as 'what a signing services company should be'," said Alan Frelix, CEO of
Read moreCosta Mesa, California, February 20, 2017 – Strandview Capital, a strategic investor in financial services companies, has committed up to $1.25 million in InSellerate, a sales automation software company that empowers mortgage lenders to optimize lead opportunities by communicating with borrower prospects within seconds of starting the buying process. This is Strandview Capital’s second investment to help fund InSellerate’s rapid growth. InSellerate’s unique software helps lenders optimize lead opportunities by communicating with prospects when they
Read moreLos Angeles, California, February 10, 2017 – Strandview Capital is pleased to announce the addition of Mark Dewey as an Associate on the firm’s Investment Team. Mr. Dewey has 10 years of private investment experience building operational and due diligence research teams. In 2015, he joined the Atlanta Technology Angels (ATA) as an Associate and was soon promoted to interim Chief Operating Officer. At ATA, Mr. Dewey proactively identified deals and performed rigorous due diligence
Read moreLos Angeles, CA – September 1, 2016 – Financial services industry veterans Mike Sekits and Kevin Covert announced today the launch of Strandview Capital. Based in Los Angeles, Strandview Capital has established the Strandview Growth Fund to provide growth equity capital to rapidly growing companies in the financial services sector. The fund will be the fourth private equity fund that Mr. Sekits has co-founded. Together, Mr. Sekits and Mr. Covert have over 50 years of
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