Month : January 2023

First Bancorp Completes Acquisition of GrandSouth Bancorporation
Banking News

First Bancorp Completes Acquisition of GrandSouth Bancorporation

Fintech News Desk
by Fintech News Desk0
First Bancorp announced the completion of its acquisition of GrandSouth Bancorporation, the parent company of GrandSouth Bank, on January 1, 2023. The merger solidifies First Bank’s position as one of the leading banks headquartered in the Carolinas, with total assets of approximately $12 billion and 118 branches. Mike Mayer, President and CEO......
Cornerstone Home Lending Completes Strategic Initiative That Allows Sales Teams to Serve Families Across the Country
Lending Mortgage News

Cornerstone Home Lending Completes Strategic Initiative That Allows Sales Teams to Serve Families Across the Country

Fintech News Desk
by Fintech News Desk0
CHL Loan Officers may now lend in multiple states without individual state licenses Cornerstone Home Lending (CHL) has positioned all CHL Loan Officers to originate residential mortgage purchase and refinance loans across CHL’s current footprint in 37 states and the District of Columbia, without the need for individual state licenses. Additionally,......
Renasant Bank Acquires Republic Business Credit
Finance News

Renasant Bank Acquires Republic Business Credit

Fintech News Desk
by Fintech News Desk0
Renasant Corporation announced that effective December 30, 2022, its wholly-owned subsidiary, Renasant Bank, has acquired Republic Business Credit (formally known as Continental Republic Capital, LLC) (“RBC”) in an all cash transaction. RBC is a market-leading commercial finance company with average earning assets in excess of $100 million. Founded in 2011,......
Stillwater, MN Digitizes Parking and Mobility Management With Passport
Digital Payments News

Stillwater, MN Digitizes Parking and Mobility Management With Passport

Fintech News Desk
by Fintech News Desk0
Year-round travel destination in Minnesota launches Passport Parking for easy, contactless parking payments The City of Stillwater is partnering with mobility software and payments company Passport to provide its community with an easier and more convenient way to pay for parking. With Passport’s platform in place, the City can also access real-time parking insights and......
TBC Group’s SPACE International Partners with Global Tech Consultancy Thoughtworks
Banking News

TBC Group’s SPACE International Partners with Global Tech Consultancy Thoughtworks

Fintech News Desk
by Fintech News Desk0
Thoughtworks will enable Space International to further accelerate and increase its scalability to support the growth in current and future markets Space International, the first regional cross-border digital banking platform, partnered with Thoughtworks, a global technology consultancy, on its first project in the Caucasus and Central Asia Regions. In support of Space International’s......
WSFS Completes Merger and Brand Conversion of Cypress Capital Management and West Capital Management into Bryn Mawr Capital Management
Finance News

WSFS Completes Merger and Brand Conversion of Cypress Capital Management and West Capital Management into Bryn Mawr Capital Management

Fintech News Desk
by Fintech News Desk0
WSFS Financial Corporation has completed the merger and brand conversion of Cypress Capital Management and West Capital Management and has renamed the combined entity Bryn Mawr Capital Management, LLC, effective January 1, 2023. Bryn Mawr Capital Management is registered as an investment advisor with the U.S. Securities and Exchange Commission......
Alvarium Tiedemann Holdings Enters into New $250 Million Credit Facility
Finance Investment Services News

Alvarium Tiedemann Holdings Enters into New $250 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
Provides financial flexibility to execute growth initiatives and serve its global clients more efficiently Alvarium Tiedemann Holdings, Inc. announced that it has entered into a $250 million credit facility with a syndicate led by BMO Capital Markets Corp. (“BMO”). The facility, which is comprised of a $150 million revolving credit......
Ganymed Robotics Raises Additional €15 Million through Series B Extension Bringing Total Amount to €36 Million
News Robotic Process Automation

Ganymed Robotics Raises Additional €15 Million through Series B Extension Bringing Total Amount to €36 Million

Fintech News Desk
by Fintech News Desk0
The European Innovation Council (EIC) Fund, through the EIC Accelerator Program, and Cap Horn join existing pool of strategic investors Ganymed Robotics, a developer of computer vision software and robotics technologies for orthopedic surgeons, announced it has extended its Series B with an additional close of €15 million, bringing the......
FINFI, the Credit Card & Personal Loan Killer App Introduces Purchase-Linked Saving Plans
Finance Fintech News

FINFI, the Credit Card & Personal Loan Killer App Introduces Purchase-Linked Saving Plans

Fintech News Desk
by Fintech News Desk0
FINFI, a socially conscious financial wellness platform that leverages paychecks through APIs, announced the launch of its purchase-linked saving schemes that are intended to supplement the existing suite of wellness products & experiences that leverage the power of payroll. FINFI already provides an earned wage access (EWA) product. FINFI’s employer-sponsored......
Artificial Intelligence Fintech News

GeeTest Launches OneTap, An Intelligent Challenge Mode, Further Eases The Verification Burden that Only Needs One Click to Complete CAPTCHA

Fintech News Desk
by Fintech News Desk0
GeeTest, the leading bot management vendor and the creator of the Slide-CAPTCHA, announced the release of GeeTest Onetap, a distinctive feature of GeeTest Adaptive CAPTCHA, eases the verification burden that comes with just one easy click to verify each visit to your website or app with security and data privacy not......
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