In the Press

Nomi Health - the direct healthcare company making it easy to access high-quality, affordable care across the U.S.has launched its Connect fintech platform to power real-time healthcare payments. The platform, which allows healthcare to function at the same speed as fintech, directly connects providers, patients and buyers of care services to power provider payments in real time, while also allowing for claims adjudication and billing workflows, all in a single, paperless and frictionless system – a category first.

Congratulations to the teams at #Tabby and #Noon on this exciting new partnership. Consumers will be able to use the Tabby payment products on the region's largest e-commerce platform.

Heyday, a next-generation consumer products company pioneering a digital-first approach to brand building, today announced the acquisition of ZitSticka, an award-winning suite of differentiated, efficacious products designed for acne treatment and prevention. The acquisition will grow Heyday's already large investment in the personal care space and provide a leading position in the high-growth category of acne patches.

Congratulations to Stephanie Baum-Zepeda - an incredibly smart, insightful and hard working member of our team. A role model for anyone entering venture - Analyst to Principal at Arbor Ventures in 5 years!

TrueML, a financial technology software company developing machine learning-driven products that enable intelligent, digital communication including in the debt collection space, has acquired the debt collection business of Enhanced Recovery Company, LLC (ERC), a leading collections provider. The deal will bring ERC under the TrueML family of companies to accelerate TrueML's mission of creating a better experience for distressed consumers. Since its founding in 2013, TrueML's software has been used to communicate with more than 20 million consumers experiencing collections using a digital-first approach. Acquiring ERC enables TrueML to increase its size, scale and access to industry verticals more rapidly, while accelerating its mission and reaching tens of millions more consumers by augmenting ERC's services with digital capabilities. "This acquisition provides exciting opportunities for TrueML to grow significantly while also paving the way for enhanced service offerings down the road," said Ohad Samet, co-founder and CEO of TrueML. "We envision a world in which no one is locked out of the financial system, and we are growing at a time when best practices for engaging consumers in debt collection are transforming. We are committed to building software that uses machine learning and consumer-centric design to align with consumer communication preferences while delivering results for our clients. The addition of ERC will enable us to expand the scope of our products and services."

Congratulations to all of our portfolio companies who have been recognised by CB Insights in their top Fintech 250: Forter - Fraud Prevention & Compliance Fundbox - Business Lending HiBob - Payroll & Benefits Tabby - BNPL & Credit Cards Trumid - Capital Markets