Month : October 2023

Bank of America Partners with INROADS to Prepare Charlotte Students Early for Success in the Finance Industry
Finance News

Bank of America Partners with INROADS to Prepare Charlotte Students Early for Success in the Finance Industry

GlobeNewswire
According to a National Association of Manufacturing and Deloitte report, the US will have a shortage of up to 3.5 million STEM workers by 2025. Bank of America and INROADS have partnered to address this crisis through the College Links program. INROADS College Links, a college and career readiness program,......
FDCTech Signs the Definitive Agreement to Merge with Alchemy Group, Seeks Uplist
Fintech News

FDCTech Signs the Definitive Agreement to Merge with Alchemy Group, Seeks Uplist

GlobeNewswire
The Company acquires 100% of Alchemy Markets DMCC (Alchemy UAE), 100% of Alchemy Prime Ltd. (Alchemy UK), and 49.90% of Alchemy Markets Ltd. (Alchemy Malta). Post-merger, the Company will control 100% of Alchemy Malta. The acquisition of Alchemy UK and Alchemy Malta is subject to regulatory approval. FDCTech,, a fintech-driven......
Banking Featured Fintech Primers

The Domino Effect- Exploring How Failed Banks Impact The Fintech Industry

Pooja Choudhary
Introduction Silicon Valley Bank, First Republic Bank, and New York’s Signature Bank! Can you think of a common factor among these three? Yes, these are a few recent bank failure examples that have been witnessed by all of us. What makes the banking structure unviable and leads to their bankruptcy?......
SkyWatch and Droneinsurance.com Join Forces To Set The Benchmark In Digital Drone Insurance
InsurTech News

SkyWatch and Droneinsurance.com Join Forces To Set The Benchmark In Digital Drone Insurance

PR Newswire
SkyWatch, a leader in digital insurance for the aviation industry, is proud to announce the strategic acquisition of Droneinsurance.com’s assets. This collaboration brings together two innovative platforms, to offer clients a seamless experience with more options. It marks a significant milestone in the drone insurance sector and underlines SkyWatch’s commitment to......
Oka, The Carbon Insurance Company, Announces Partnership With BeZero
InsurTech News

Oka, The Carbon Insurance Company, Announces Partnership With BeZero

PR Newswire
Oka, The Carbon Insurance Company (Oka), is thrilled to announce its partnership with carbon data firm BeZero. The collaboration will enable Oka to hone its market-leading carbon insurance solutions by integrating its modeling capabilities with BeZero’s sophisticated carbon project assessment data. The climate-risk alliance comes at a critical juncture for the voluntary carbon......
TD Charitable Foundation Invests $5 Million in Innovate Capital Growth Fund for Minority and Women-owned Small Businesses
Investment Services News

TD Charitable Foundation Invests $5 Million in Innovate Capital Growth Fund for Minority and Women-owned Small Businesses

PR Newswire
Investment is the first of its kind for the foundation and largest investment by a financial institution to date TD Charitable Foundation, the charitable giving arm of TD Bank, announced its first-ever Mission Related Investment (MRI) of $5 million to Innovate Capital Growth Fund (ICGF) – the first equity investment made by......
Texas Regional Bank Acquires Smith-Reagan Insurance
InsurTech News

Texas Regional Bank Acquires Smith-Reagan Insurance

PR Newswire
TRB Expands Commercial Insurance Portfolio Texas Regional Bank (TRB) announces its recent acquisition of Smith-Reagan Insurance (Smith-Reagan), a leading provider of commercial insurance services in Cameron County, Texas. The acquisition is part of TRB’s continued expansion of its insurance subsidiary. TRB Insurance Agency was established in 2022 and began issuing policies......
Truecaller Acquires TrustCheckr, A Fraud Detection Service
Fintech News

Truecaller Acquires TrustCheckr, A Fraud Detection Service

PR Newswire
Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, has acquired the India-based company Unoideo Technologies Pvt Ltd. The company provides the service TrustCheckr that through a SaaS platform helps businesses verify customer information and detect risk of fraud based on phone numbers and digital signals. TrustCheckrs current offering has......
Vlorish Launches All-in-One Finance Platform to Simplify Freelance Financial Management
Finance News

Vlorish Launches All-in-One Finance Platform to Simplify Freelance Financial Management

PR Newswire
Vlorish, an innovative financial technology startup, officially launches its new freelancer finance platform aimed at disrupting traditional bookkeeping, budgeting and credit scoring models for the freelance market. The first-of-its-kind web platform offers freelancers, solopreneurs, independent contractors, and employees with side hustles a way to manage their personal and business finances......
CrossFund Raises Additional $1.5 Million in Funding at a $47 Million Valuation, Establishes Itself as Leading Investment Gateway
Investment Services News

CrossFund Raises Additional $1.5 Million in Funding at a $47 Million Valuation, Establishes Itself as Leading Investment Gateway

PR Newswire
Fintech startup, CrossFund, has raised its fourth funding round in two years from family offices in MENA and Asia, BlockBase Ventures, UI Investments, Australian Gulf Capital, BXB Capital, and strategic angels. Founded in 2021 by Ben Cardarelli and Davide Cali, the company has quickly become the equity financing tool of choice for startups in SEA and EMEA with over $40M raised across 80......
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