Month : June 2020

Venminder
Blockchain Fintech News

Æternity Blockchain Co-Founder and CBDO Raising 100m EUR VC Fund Focused on Blockchain

Fintech News Desk
by Fintech News Desk0
Led by AE Ventures, Meta Change Capital will close by Q4 2020 Nikola Stojanow, co-founder of æternity Blockchain and creator of AE Ventures investment company, announced today that he will take on his next endeavor and start a Venture Capital Fund focused on opportunities in the blockchain space. Stojanow’s new......
Wells Fargo Launches WellsOne® Virtual Card Payments Service
Business Fintech Fintech Funding News

Wells Fargo Foundation Expands Free Virtual Financial Coaching to Help with COVID-19 Hardships

Fintech News Desk
by Fintech News Desk0
With record numbers of U.S. adults filing for unemployment, and many people facing a lower income amid COVID-19, the Wells Fargo Foundation is supporting national nonprofits in expanding virtual financial coaching services, cost-free, to help the public adapt in these challenging times. These efforts are part of the Wells Foundation’s $175 million commitment to......
Franklin Templeton Appoints Jed Plafker as EVP, Global Alliances and New Business Strategies
Business Fintech News

Franklin Templeton Appoints Jed Plafker as EVP, Global Alliances and New Business Strategies

Fintech News Desk
by Fintech News Desk0
Franklin Templeton announced that Jed Plafker has been named executive vice president of Global Alliances and New Business Strategies. In this newly created position, Plafker will be responsible for the expansion of the company’s digital wealth management and distribution-related financial technology, ensuring that the firm fully harnesses these capabilities for......
VersaBank Adds Simply Group Financial as Point-of-Sale Partner With Initial Financing of $72 Million
Banking Business Fintech Fintech Funding News

VersaBank Adds Three New Insolvency Professional Deposit Partners, Further Expanding Its Access to Very Low-cost Deposit Funding to Support Continued Growth

Fintech News Desk
by Fintech News Desk0
VersaBank announced that it has added three new partners in its Insolvency Professional Deposits business, further expanding its access to very low-cost deposit funding, and further strengthening a core element of its business model to support continued growth, while providing additional risk-mitigation through increased deposit diversification. Read More: Analyticom Introduces a......
Haus Raises $15.75M Series A Led By BlueRun Ventures
Business Fintech Fintech Funding Investment Services News

Haus Raises $15.75M Series A Led By BlueRun Ventures

Fintech News Desk
by Fintech News Desk0
Haus Services, Inc., a real estate co-investor offering liquidity and affordability to homeowners, announced it has closed a $15.75M Series A funding round led by noted fintech investor BlueRun Ventures, joined by Assurant Growth Investing, Leap Global Partners, Correlation Ventures, and H.Barton Asset Management. Existing investors Expa, Montage Ventures, and......
Amid Economic Uncertainty, Businesses Embrace Change, Strengthen Resolve, JPMorgan Chase Survey Finds
Economy Fintech News

JPMorgan Chase’s The Fellowship Initiative Expands to Help More than 1,000 Young Black and Latinx Men in U.S. Cities Access Economic Opportunity

Fintech News Desk
by Fintech News Desk0
JPMorgan Chase & Co., is marking the 10th anniversary of The Fellowship Initiative (TFI) with a renewed commitment to improving economic and social outcomes for Black and Latinx men, as well as other young men of color, from low-income communities. “What makes The Fellowship Initiative such a special program is......
moneycorp Americas Announces Partnership with Shortlist to Facilitate Gig Economy Payments
Business Fintech News Risk Management

moneycorp North America Announces Partnership With The CFO Centre to Help Businesses Navigate Foreign Exchange Amidst Global Economic Uncertainty

Fintech News Desk
by Fintech News Desk0
moneycorp North America, a leading provider of global payments and currency risk management, announced their partnership with The CFO Centre, the world’s top provider of part-time CFO services. “We are thrilled to be selected by The CFO Centre to offer our foreign exchange and currency risk management services to their......
Northern Trust Front Office Solutions Expands With Two Strategic Hires
Fintech Investment Services News

Northern Trust Launches Datum One Series Trust

Fintech News Desk
by Fintech News Desk0
Product Supports Asset Managers’ Distribution and Investment Goals Northern Trust announced the launch of Datum One Series Trust, expanding its offering of solutions designed to give advisers and investment managers an efficient mechanism to amplify product distribution and deliver investment strategies via mutual funds registered under the Investment Company Act......
BitPay Launches Prepaid Mastercard in the United States
Blockchain Cryptocurrency Fintech News

BitPay Launches Prepaid Mastercard in the United States

Fintech News Desk
by Fintech News Desk0
First Mastercard ® Prepaid Card in the US Market for Blockchain Community BitPay, the largest global blockchain payments provider, introduces the BitPay Card, the first Mastercard Prepaid card for crypto users in the United States. The Card enables customers to instantly convert cryptocurrency into fiat currency, which is then loaded......
Morgan Stanley Closes Acquisition of E*TRADE
Banking Fintech Investment Services News

Morgan Stanley Announces $10 million To Support Minority Depository Institutions

Fintech News Desk
by Fintech News Desk0
Grants include $5 Million to Industrial Bank of Washington, D.C., and $5 Million to Citizens Trust Bank of Atlanta, GA Morgan Stanley announced $10 million in grants to Minority Depository Institutions (MDIs) including Industrial Bank of Washington, D.C., and Citizens Trust Bank of Atlanta, GA. These grants of $5 million......
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