Month : December 2021

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
by Fintech News Desk0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Stonepeak Signs Recapitalization of Portfolio Company Cologix in Support of Continued Market Leading Growth
Investment Services News

Stonepeak Signs Recapitalization of Portfolio Company Cologix in Support of Continued Market Leading Growth

Fintech News Desk
by Fintech News Desk0
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced the recapitalization of Cologix, the largest private interconnection and hyperscale edge platform in North America. The recapitalization is being effectuated as a sale of Cologix by Stonepeak Infrastructure Fund II LP and co-investors (Fund II) to Stonepeak-managed......
Buy Now, Pay Later License in Pakistan Granted to QisstPay by SECP
Fintech News

First-Ever Buy Now, Pay Later License in Pakistan Granted to QisstPay by SECP

Fintech News Desk
by Fintech News Desk0
The Securities and Exchange Commission of Pakistan (SECP) on 21 December 2021 awarded QisstPay, a Buy Now, Pay Later (BNPL) license, the first ever BNPL License in Pakistan. This license of a Non-Banking Finance Company (NBFC) is the first of its kind given by the SECP to a new Fintech concept that opens up Pakistan for massive......
Velocity Financial Acquires Majority Interest in Century Health & Housing Capital
Lending Mortgage News

Velocity Financial, Inc. Acquires Majority Interest in Century Health & Housing Capital

Fintech News Desk
by Fintech News Desk0
Velocity Financial, Inc., a leading provider of small balance investor loans, announced it has acquired a majority stake in Century Health & Housing Capital. “Velocity’s national footprint and operational capabilities will significantly expand our ability to grow customer relationships and origination volume.” Founded in 1992, Century is a licensed “Ginnie......
Great American Insurance Group’s Executive Liability Division and Assurely Begin Relationship Towards a New Era of Insurance
Finance News

Avail Finance Goes Live with Scienaptic’s Decisioning Engine to Power Credit Decisions

Fintech News Desk
by Fintech News Desk0
Over 500,000 applications processed supporting exponential growth Leading global AI-powered credit decision platform provider, Scienaptic AI, announced that Avail Finance has gone live on its credit decisioning platform. The implementation is helping Avail Finance to enhance its credit decisioning for India’s blue-collared workforce. Avail Finance provides the blue-collared workforce with......
Atari Token Lists on Bittrex Global
Currency Exchange News

Atari Token Lists on Bittrex Global

Fintech News Desk
by Fintech News Desk0
Atari, a decentralized token designed for the interactive entertainment industry, has just been listed on Bittrex Global, the leading digital asset exchange in safety and security. “Atari has a long-standing history of innovation. We are excited to support Atari in receiving increased awareness for their utility token, which is helping......
AM Best Places Credit Ratings of SILAC Insurance Company Under Review
InsurTech Investments News

AM Best Places Credit Ratings of SILAC Insurance Company Under Review

Fintech News Desk
by Fintech News Desk0
AM Besthas placed under review with developing implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of SILAC Insurance Company (SILAC) (Salt Lake City, UT). SILAC has been placed under review with developing implications as the company’s risk-adjusted capital, as measured by......
Delos Capital and The Silverfern Group Complete Acquisition of Pioneer Recycling Services
Investment Services News

Delos Capital and The Silverfern Group Complete Acquisition of Pioneer Recycling Services

Fintech News Desk
by Fintech News Desk0
Delos Capital and The Silverfern Group announced that they have partnered with the management team of Pioneer Recycling Services, LLC to complete the acquisition of the Company. “These are exciting times. Capitalizing on our cutting-edge technology and processes, our management team is united with Delos and Silverfern on a go-forward......
CurrencyWorks Announces US$500,000 Strategic Financing Led By Management
Digital Payments Finance News Stock Market

CurrencyWorks Announces US$500,000 Strategic Financing Led By Management

Fintech News Desk
by Fintech News Desk0
CurrencyWorks Inc., a blockchain pioneer, NFT, and digital payment provider, announced that the Company intends to complete a non-brokered private placement pursuant to Section 4(a)(2) of the Securities Act of 1933 or Regulation S under the Securities Act of 1933, as applicable, pursuant to which the Company plans to sell......
Fintech Startup Almond Finance Closes Funding Round of $2 Million
B2B Fintech News

Fintech Startup Almond Finance Closes Funding Round of $2 Million

Fintech News Desk
by Fintech News Desk0
Almond’s platform is positioned to enable blockchain-based money transfers between Asia and North America Almond Finance, a B2B technology provider offering a blockchain-based funds transfer infrastructure to connect financial institutions and their users globally, has closed a seed funding round of $2 million. The fundraising, led by Morningside Group, will......
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