Month : January 2022

First Republic Bank Names Mike Roffler Acting Co-CEO
Banking News

First Republic Bank Names Mike Roffler Acting Co-CEO

Fintech News Desk
Hafize Gaye Erkan Resigns from First Republic to Pursue Other Opportunities; Korn Ferry Engaged for Continued CEO Succession Planning First Republic Bank, a leading private bank and wealth management company, announced that its Board of Directors has named Mike Roffler Acting Co-CEO of the Company and appointed him to the Company’s......
Dragonchain Aims To Enable Users To Buy Decentralized Assets With Traditional Currency
DeFi Fintech News

Dragonchain Aims To Enable Users To Buy Decentralized Assets With Traditional Currency

Fintech News Desk
Dragonchain’s goal is to enable users to buy decentralized assets with Fiat currency. It will also provide users with opportunities to spend their DeFi passive crypto earnings by introducing the company’s DeFi Debit Card! The Dragonchain team believes that DeFi platforms must compete with banks, exchanges, and traditional financial services that people......
Uni Cards to Deploy Scienaptic AI-Powered Credit Decisioning Platform
Fintech News

Uni Cards to Deploy Scienaptic AI-Powered Credit Decisioning Platform

Fintech News Desk
Fintech start-up expects to approve more credit profiles and streamline decisioning processes Scienaptic AI, a leading global AI-powered credit decision platform provider, announced the deployment of its technology for Uni Cards. This implementation will enable Uni Cards to expand credit access in India by providing instant decisions to applicants and an......
Neom Coin To Be Listed On BitMart
Blockchain News

Neom Coin To Be Listed On BitMart

Fintech News Desk
Neom Blockchain Technologies Company has developed a cryptocurrency called “Neom Coin” which will be listed on the BitMart cryptocurrency exchange on January 6, 2022. The company takes its inspiration from the word “neom,” meaning “new future”. People all know about smartphones, smart cars, and smart homes, but the tech industry......
First Western Financial, Inc. Completes Acquisition of Teton Financial Services
Banking News

First Western Financial, Inc. Completes Acquisition of Teton Financial Services

Fintech News Desk
Merger brings added scale, expanded product mix, and increased lending opportunities to the Wyoming market First Western Financial, Inc., parent company of First Western Trust Bank, (the Bank), announced the completion of its acquisition of Teton Financial Services, Inc. (Teton Financial Services), parent company of Rocky Mountain Bank, effective December......
United Community Banks, Inc. Announces Completion of Merger with Reliant Bancorp, Inc. and Reliant Bank
Banking News

United Community Banks, Inc. Announces Completion of Merger with Reliant Bancorp, Inc. and Reliant Bank

Fintech News Desk
United Community Banks, Inc. has completed its merger, effective January 1, 2022, with Reliant Bancorp, Inc., including its wholly-owned subsidiary, Reliant Bank, which was merged with and into United’s bank subsidiary, United Community Bank, and will now operate under the United brand. Latest Fintech Insights: BitNile Holdings Obtains $52.2 Million in......
Seacoast Completes Acquisitions Of Sabal Palm Bancorp, Inc. and Business Bank of Florida, Corp
Banking Fintech News

Seacoast Completes Acquisitions Of Sabal Palm Bancorp, Inc. and Business Bank of Florida, Corp

Fintech News Desk
Seacoast Bank Expands Presence in Growing Sarasota County and Advances Market Share in Brevard County Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, announced the completion of its acquisitions of Sabal Palm Bancorp, Inc. (“Sabal Palm”), parent company of Sabal Palm Bank, and of Business Bank......
BitNile Holdings Obtains $52.2 Million in Secured Debt Financing
Fintech News

BitNile Holdings Obtains $52.2 Million in Secured Debt Financing

Fintech News Desk
BitNile Holdings, Inc., a diversified holding company announced that it has sold $58.4 million of principal face amount 10% Original Issuance Discount Promissory Notes to sophisticated investors for $52.2 million The Notes are due and payable on March 31, 2022, accrue interest at the rate of 8% per annum and......
Digital Currency Group and Jamestown Partner To Bring One Times Square To The Decentral and Metaverse
Digital Payments Fintech News

Digital Currency Group and Jamestown Partner To Bring One Times Square To The Decentral and Metaverse

Fintech News Desk
New Virtual Space Will Launch on New Year’s Eve with MetaFest 2022 Global Party Virtual Build to Be First High-Rise Development in Decentraland Digital Currency Group (DCG), the most active investor in the blockchain and digital assets industry, and global real estate firm Jamestown announced a joint partnership to recreate......
Mountain Province Diamonds Provides Additional Detail on Proposed New Financing Arrangement
Finance News

Mountain Province Diamonds Provides Additional Detail on Proposed New Financing Arrangement

Fintech News Desk
Mountain Province Diamonds Inc. is pleased to announce further details regarding its proposed financing arrangement involving its largest shareholder, Mr. Dermot Desmond. While the arrangements are non-binding, Mountain Province is working with its largest shareholder, Mr. Dermot Desmond, to reach binding agreements in early 2022. The Proposed Arrangement is subject to, among other things, finalization......
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