Month : December 2022

OTC Markets Group Welcomes Endeavor Bancorp to OTCQX
News Trading

OTC Markets Group Welcomes Endeavor Bancorp to OTCQX

Fintech News Desk
by Fintech News Desk0
OTC Markets Group Inc., operator of regulated markets for trading 12,000 U.S. and international securities, announced Endeavor Bancorp, the bank holding company for Endeavor Bank, has qualified to trade on the OTCQX Best Market. Endeavor Bancorp upgraded to OTCQX from the Pink® market. Endeavor Bancorp begins trading today on OTCQX......
AD Ports Group Signs Collaboration Agreement with Africa Finance Corporation
Finance News

AD Ports Group Signs Collaboration Agreement with Africa Finance Corporation

Fintech News Desk
by Fintech News Desk0
New partnership will look to address infrastructure gaps across Africa, including integrated ports, warehouses, maritime and logistics hubs AD Ports Group, the leading global facilitator of trade, logistics, and industry, has signed a collaboration agreement with the Africa Finance Corporation (“AFC”), the leading infrastructure solutions provider in Africa, to address......
Einride Secures $500 Million in Financing to Accelerate Deployment of Sustainable Freight Mobility
debt collection Finance News

Einride Secures $500 Million in Financing to Accelerate Deployment of Sustainable Freight Mobility

Fintech News Desk
by Fintech News Desk0
The financing includes a debt facility of $300M and an equity contribution of $200M to progress Einride’s global growth of offering autonomous, electric and digital shipping technology Freight mobility technology company Einride announced it has secured $500M in financing, including both a Series C equity raise and a debt facility. The......
Sterling Trading Tech Sees Record OMS Growth
Capital Markets News Trading

Sterling Trading Tech Sees Record OMS Growth

Fintech News Desk
by Fintech News Desk0
In-demand capabilities include support for fractional shares trading, along with Rules Engine, Routing Wheel and Review & Release functionalities Sterling Trading Tech (STT), a leading provider of order management systems, risk and margin tools and trading platforms to the capital markets worldwide, announced record growth of its order management system (OMS)......
Elastic Path Raises $90 Million in 2022
Commerce News

Elastic Path Raises $90 Million in 2022

Fintech News Desk
by Fintech News Desk0
Following 200% YoY Growth, Funding To Accelerate Elastic Path Leadership in Composable Commerce Elastic Path, the leader of the Composable Commerce Movement, is marking the end of 2022 with a total of $90 million in financing, 200% year-over-year growth in bookings, and 221 product releases. The $90 million includes $60 million announced in......
Report: 67% of U.S. Consumers Expect to Spend Under $500 on Holiday Expenses This Year
E-commerce News

Report: 67% of U.S. Consumers Expect to Spend Under $500 on Holiday Expenses This Year

Fintech News Desk
by Fintech News Desk0
Jungle Scout’s Q4 Consumer Trends Report explores end-of-year e-commerce trends, with insights into inflation, holiday shopping, the impact of social media on gift-giving, and financial priorities for the new year Jungle Scout, the leading all-in-one platform for e-commerce sellers, released its Q4 2022 Consumer Trends Report, a survey of more than......
Treasury Management Services Outsourcing helps with Data to Optimize Business Performance, Says IBN Technologies
Finance News

Treasury Management Services Outsourcing Helps with Data to Optimize Business Performance, Says IBN Technologies

Fintech News Desk
by Fintech News Desk0
IBN Technologies is the go-to outsourcing partner for treasury management services for multiple clients that rely on the team’s expertise around cash management risk management, finance and treasury control The post pandemic times and a looming recession have pushed growing businesses to optimize their cash management efficiency while they focus......
Finance of America to Acquire Assets of Reverse Mortgage Lender AAG
Finance Mortgage News

Finance of America to Acquire Assets of Reverse Mortgage Lender AAG

Fintech News Desk
by Fintech News Desk0
Strategic acquisition marks expansion into direct-to-consumer retail channel, underscores commitment to expanding access to home equity solutions for America’s retirees Finance of America Companies Inc., a leading specialty finance and solutions platform, announced it will acquire assets of American Advisors Group (“AAG”), a leading direct-to-consumer reverse mortgage lender, in exchange......
Marqeta Announces Integration with Mastercard Track Instant Pay Virtual Card Solution
Digital Payments News

Marqeta Announces Integration with Mastercard Track Instant Pay Virtual Card Solution

Fintech News Desk
by Fintech News Desk0
Marqeta will become the first processor to integrate with Track Instant Pay in the U.S., enabling its customers to authorize supplier payments and manage cash flow more quickly and seamlessly Marqeta, the global modern card issuing platform, announced that it has integrated Mastercard Track Instant Pay, a next-generation virtual card......
RCM Technology Group Selects KRM22 As Its Comprehensive Risk Technology
News Risk Management

RCM Technology Group Selects KRM22 As Its Comprehensive Risk Technology

Fintech News Desk
by Fintech News Desk0
RCM Technology Group, is thrilled to announce it has selected KRM22 as its risk technology partner. RCM, based in Chicago, provides Risk Management and Margin Analytics to the exchange traded futures and commodity markets. The RCM risk team has decades of relevant experience in providing risk management services to the......
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