Breaking News
Mendoza Ventures Closes Truist Ventures’ Investment for Its $100M Early Growth Fintech Fund
Mendoza Ventures, a female and Latinx-founded Fintech, AI, and Cybersecurity Venture Capital firm, has announced that Truist Ventures is investing in its Early Growth Fintech Fund as a limited partner. The fund is targeting $100M and will invest in early growth-stage startups with a focus on diverse teams.
Mendoza Ventures announced its third fund in January. With this investment, Truist became the third financial institution invested in Mendoza Ventures, joining Bank of America and Grasshopper Bank.
Adrian Mendoza, General Partner at Mendoza Ventures, stated, “Our vision has always been to redefine how venture funds collaborate with financial institutions to support portfolio companies strategically. Truist Ventures’ support validates our approach and empowers us to create substantial outcomes for diverse-led startups and investors alike.”
This investment lays a foundation for a partnership and active collaboration between Truist Ventures and Mendoza Ventures and its portfolio companies that embraces external innovation promotes knowledge exchange and helps empower positive social change.
“Mendoza Ventures supports innovative, early-stage companies that are shaping the future of finance,” said Tarun Mehta, Head of Corporate Development and Truist Ventures. “This partnership fuels our shared ambition to drive advancements and increase inclusion in the broader fintech industry.”
Mendoza Ventures recently launched a new non-profit initiative called Mendoza Impact, which aims to provide early-stage diverse founders with greater access to capital and educational resources. By addressing gaps in funding and knowledge, Mendoza Impact seeks to empower a new generation of diverse entrepreneurs.
- Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation Read more
- CLS Appoints Six New Board Directors Read more
- Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World Read more
- SumUp Launches in Canada Read more
- European Fintech Association Elects New Board of Directors Read more
LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services
LUMIQ today announced a strategic funding round to scale auto-decisioning for financial institutions across the United States and Southeast Asia
Sovra Raises $2M+ Pre-Seed
Sovra, the fintech platform that provides people with a global dollar account, has raised more than $2 million in pre-seed funding
Monument Technology Closes £18 Million Fundraising Round
Monument Technology has today (17th June 2026) announced the successful close of its seed funding round at more than £18 million
Ripple Participates in Flutterwave’s Series E With Strategic Investment to Accelerate African Stablecoin Payments
Flutterwave announces a strategic investment from Ripple marking the definitive next phase of Flutterwave’s long-term stablecoin strategy
Flagright Raises $12.5m Series a to Define the AI Operating System Category for Financial Crime Compliance
Flagright is announcing it has raised a $12.5M Series A to accelerate their position as the enterprise standard for financial crime compliance by expanding explainable AI
Interchecks Secures $50M Series C to Expand Instant Payments Infrastructure; Launches Account Funding Transactions
Interchecks a leading instant payments platform serving sportsbooks, fintechs, and financial institutions, today announced a $50 million Series C
Fraudio Raises New Funding Led by Alea Capital Partners to Scale AI Fraud Detection
Fraudio has raised a new funding round led by Alea to accelerate its international expansion and further develop its AI-powered fraud detection technology
Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.