Month : July 2022

Krystal DeFi Integrates Cross-Chain Router Multichain, Enabling Seamless Asset Bridging Between Blockchain Networks
DeFi News

Krystal DeFi Integrates Cross-Chain Router Multichain, Enabling Seamless Asset Bridging Between Blockchain Networks

Fintech News Desk
by Fintech News Desk0
Krystal DeFi, a multi-chain platform to easily access popular decentralised finance (DeFi) services and manage non-fungible tokens (NFTs), has partnered with Multichain to enable cross-chain bridging transactions on both desktop and mobile. Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures This integration allows Krystal users to bridge more than 1,100 assets......
Fintechs Must Embrace a Good Customer Experience to Compete
Analytics B2B B2C Guest Posts Insights

Fintechs Must Embrace a Good Customer Experience (CX) to Compete

Daniel Siekmann
by Daniel Siekmann0
Whether due to pandemic-related factors or consumers’ ongoing desire for more convenient banking options, the fintech sector is booming. In the first quarter of 2022 alone, venture capital investments in fintech startups topped $29 billion, and the median pre-money valuation for late-stage fintech companies hit $257.5 million. That’s 44.5 percent......
Finexio Raises $14 Million in Initial Close of Series B, Company Valued at $100 Million
Fintech Funding News

Finexio Raises $14 Million in Initial Close of Series B, Company Valued at $100 Million

Fintech News Desk
by Fintech News Desk0
Finexio, the fast-growing B2B accounts payables (AP) Payments-as-a-Service company, announces the first close of its $30 million funding round at a $100 million pre-money valuation co-led by Mendon Venture Partners and National Bank Holdings Corporation (NYSE: NBHC). Discover Financial Services (NYSE: DFS), Post Road Partners, The Banc Funds, EOM Investments,......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc. the holding company for MainStreet Bank, said its net interest margin widened as rates climbed in recent months, driving strong net income for the second quarter and six months ended June 30, 2022. Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures The Bank’s loan portfolio is well positioned for increasing......
AIG Names Charlie Fry Executive Vice President, Reinsurance Purchasing and Risk Capital Optimization
Investment Services News

AIG Names Charlie Fry Executive Vice President, Reinsurance Purchasing and Risk Capital Optimization

Fintech News Desk
by Fintech News Desk0
American International Group, Inc. announced that Charlie Fry has been named Executive Vice President, Reinsurance Purchasing and Risk Capital Optimization, effective July 31st. Mr. Fry will report to Peter Zaffino, AIG Chairman & Chief Executive Officer and will assume responsibility for AIG’s reinsurance purchasing strategy and placement execution, as well......
Clayton, Dubilier & Rice Completes Acquisition of Cornerstone Building Brands
Finance News

Clayton, Dubilier & Rice Completes Acquisition of Cornerstone Building Brands

Fintech News Desk
by Fintech News Desk0
Cornerstone Building Brands, Inc. the largest manufacturer of exterior building products in North America, today announced that Clayton, Dubilier & Rice (“CD&R”) has successfully completed the acquisition of Cornerstone Building Brands. Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures Holders of a majority of the shares of Cornerstone Building......
TenureX partners with SightSpan to transform US correspondent banking industry
Banking News

TenureX partners with SightSpan to Transform US Correspondent Banking Industry

Fintech News Desk
by Fintech News Desk0
New partnership delivers “correspondent-banking-in-a-box”, providing new revenue streams, improved compliance for US and global financial institutions TenureX, the Israeli start-up that is fixing the broken correspondent banking industry, announces a new partnership with risk management consultancy SightSpan to increase efficiency, enhance compliance, and create new revenue opportunities within correspondent banking services.......
Altafid Launches First Fiduciary Financial Services Marketplace
Finance News

Altafid Launches First Fiduciary Financial Services Marketplace

Fintech News Desk
by Fintech News Desk0
State-of-the-art digital platform provides direct access to a wide range of financial services from best-in-class global institutions, building a marketplace where different industry players, from custodians to financial planners, interact Firm’s proprietary technology enables greater access, lower fees, and broader availability of products and services for the world’s growing investor......
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