Month : January 2022

Catastrophe Bond Market Achieves New Annual Record
Capital Markets Fintech News

Catastrophe Bond Market Achieves New Annual Record

Fintech News Desk
by Fintech News Desk0
The global market for catastrophe bonds reached a new all-time high in 2021, as annual issuance hit a record $14 billion, according to a new report from Artemis.bm, specialist news publisher and data provider for the insurance-linked securities (ILS) industry. The catastrophe bond market saw a record level of activity......
Credit Union of Georgia Chooses Scienaptic for Enhanced AI-Powered Credit Decisioning
Artificial Intelligence News

Credit Union of Georgia Chooses Scienaptic for Enhanced AI-Powered Credit Decisioning

Fintech News Desk
by Fintech News Desk0
Scienaptic AI, a leading global AI-powered credit decisioning disruptor, announced that Credit Union of Georgia has selected its AI-powered platform, augmenting the credit union’s underwriting capabilities to make faster, stronger credit decisions, increasing loan approvals and enhancing members’ experiences. “Scienaptic’s platform will enable Credit Union of Georgia to extend a superior member......
Novo Holdings To Acquire Ritedose
Business Capital Markets News

Novo Holdings To Acquire Ritedose

Fintech News Desk
by Fintech News Desk0
Novo Holdings A/S (“Novo Holdings”) announced that it has agreed to acquire Ritedose from AGIC Capital and Humanwell. Founded in 1995 and headquartered in Columbia, S.C., The Ritedose Corporation (“Ritedose”) is a leading sterile pharmaceutical manufacturer, specialising in the use of blow-fill-seal (BFS) technology. Ritedose provides outsourced development and manufacturing of......
Cion Digital Raises $12 Million Seed Funding Round
Blockchain News

Cion Digital Raises $12 Million Seed Funding Round

Fintech Staff Writer
by Fintech Staff Writer0
Funding round will accelerate Blockchain Orchestration Platform delivery of crypto-backed financing and payment solutions Cion Digital, developers of the first enterprise SaaS blockchain orchestration platform, announced it has closed a $12 million Seed Capital raise. “It has always been a passion of mine to be able to make financial services......
Monnfts To Bring the Real World On-Chain: Launching New Features Soon on Binance Smart Chain
Digital News

Monnfts To Bring the Real World On-Chain: Launching New Features Soon on Binance Smart Chain

Fintech News Desk
by Fintech News Desk0
Monnfts is a creator-centric NFT marketplace and issuance platform that utilizes the MONNFTS token (MON) to empower users Monnfts is a creator-centric NFT marketplace and issuance platform that utilizes the MONNFTS token (MON) to empower users who actively interact with the protocol will be launching new features soon. A sneak......
Bonum Bank Plc: POP Bank Selects Crosskey as Its Core Banking System Partner
Banking News

Bonum Bank Plc: POP Bank Selects Crosskey as Its Core Banking System Partner

Fintech News Desk
by Fintech News Desk0
POP Bank has signed a cooperation agreement with Crosskey on the renewal of its core banking system. POP Bank anticipates that it will introduce the new core banking system during 2025. The cooperation agreement has no immediate effect on the daily banking services offered by the Bank. POP Bank’s goal......
Bitcoin Adoption in 2022: More Countries to Adopt Bitcoin as Legal Tender
Blockchain Cryptocurrency Featured

Bitcoin Adoption in 2022: More Countries to Adopt Bitcoin as Legal Tender

Sudipto Ghosh
by Sudipto Ghosh0
After a swashbuckling year in 2021, bitcoin adoption trends are expected to gain more prominence in the New Year 2022. According to speculations and opinions of leading Bitcoin trend analysts, more countries would adopt Bitcoin as a legal tender in 2022. Recommended: Global Fintech Interview with Todd Bonner, Co-Chairman at NextPlay......
First Citizens Completes Merger With CIT Group
Banking News

First Citizens Completes Merger With CIT Group

Fintech News Desk
by Fintech News Desk0
First Citizens BancShares Inc., parent company of First-Citizens Bank & Trust Company,  announced completion of its previously announced merger with CIT Group Inc. North Carolina-headquartered First Citizens is now a top 20 U.S. financial institution (based on assets), with more than $100 billion in assets, and the largest family-controlled bank......
Simpler Trading Accelerates Expansion Plans with ZMC Partnership
News Trading

Simpler Trading Accelerates Expansion Plans with ZMC Partnership

Fintech News Desk
by Fintech News Desk0
Strategic Investment from ZMC will Support Simpler Trading’s Growth in Content Offerings and Technology Simpler Holdings, LLC announced that affiliates of private equity firm ZMC have invested in the Company to help accelerate its growth and expand key technology and offerings to assist individual traders with their investment goals. Founded......
Envista Closes Divestiture of KaVo Treatment Unit & Instrument BusinessEnvista Closes Divestiture of KaVo Treatment Unit & Instrument Business
Business Fintech Investment Services News

Envista Closes Divestiture of KaVo Treatment Unit & Instrument Business

Fintech News Desk
by Fintech News Desk0
Envista Holdings Corporation announced that it closed the previously disclosed divestiture of its KaVo Treatment Unit & Instrument business. Envista received $317.3 million in cash on the closing date and expects to receive total gross proceeds of $383 million, which includes an earnout and certain adjustments to be paid out by the first......
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