The financial enterprise software provider revealed $50m in series B funding from investors including Commerzbank and BNP Paribas alongside a $20m series A featuring Wix and Mitsubishi UFJ.

US-based embedded finance technology developer Alviere has secured $70m in series A and B funding from investors including website creation software provider Wix.

Unnamed institutional financial technology-focused investors led the $50m series B round, which included financial services firm BNP Paribas and Commerzbank (through Opera Tech Ventures and CommerzVentures respectively) as well as Viola Ventures, Viola Fintech and North Coast Ventures.

Alviere also disclosed that it had completed a $20m series A round in April this year co-led by Viola…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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