Month : April 2024

SC Ventures Leads Hive's €12 Million Series A, Enabling Sustainable Distributed Cloud Computing for the Masses
Investment Services News

SC Ventures Leads Hive’s €12 Million Series A, Enabling Sustainable Distributed Cloud Computing for the Masses

PR Newswire
by PR Newswire0
Hive’s model helps businesses efficiently manage their cloud-related expenses, reduce dependency on a select few cloud providers, and significantly reduce cloud energy use. SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is leading a €12 million (USD $13 million) Series A round for distributed cloud provider Hive, to increase access......
Airspan-to-Receive-Up-to-$95-Million-in-New-Equity-Financing-and-Eliminate-All-Existing-Funded-Debt
Finance Fintech News

Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt

Business Wire
by Business Wire0
Airspan has received a commitment from Fortress affiliates for over $53 million in debtor-in-possession financing, which combined with the Company’s cash on hand, is expected to provide sufficient capital during the restructuring process to support Airspan’s operations. Airspan Networks Holdings Inc. (NYSE American: MIMO) (“Airspan” or the “Company”), a provider......
Retail-Bank-Customer-Satisfaction-Holds-Steady-but-Trust-Declines,-J.D.-Power-Finds
Banking Fintech News

Retail Bank Customer Satisfaction Holds Steady but Trust Declines, J.D. Power Finds

Business Wire
by Business Wire0
This year, 13% of bank customers say they are likely to switch institutions in the next 12 months. U.S. retail bank customers are losing faith in their bank, and customer attrition is a concern. According to the J.D. Power 2024 U.S. Retail Banking Satisfaction StudySM, released today, consumer trust in......
Ant-International-and-Capital-A-to-Form-Strategic-Partnership-in-Digital-Payments,-Financial-Technologies,-and-Sustainability-Promotion
Digital Payments Finance Fintech

Ant International and Capital A to Form Strategic Partnership in Digital Payments, Financial Technologies, and Sustainability Promotion

Business Wire
by Business Wire0
The comprehensive partnership covers collaborative initiatives between Ant International’s Alipay+ cross-border payment, marketing and digitalization technology solutions, payment orchestration services, and other business segments, and flagship businesses under Capital A, including AirAsia, the one-stop travel platform AirAsia MOVE, and finance app BigPay. Ant International and Capital A Berhad, owner of......
Upgrade Your Equipment, Elevate Your Business Cass Commercial Bank Launches New Equipment Finance Division
Banking Finance Fintech

Upgrade Your Equipment, Elevate Your Business: Cass Commercial Bank Launches New Equipment Finance Division

Business Wire
by Business Wire0
Cass Commercial Bank’s Equipment Finance Division to introduce a seamless process with quick turnaround, ensuring minimal paperwork, quick approvals, and efficient solutions to your capital needs. Businesses can acquire the equipment they need without the wait, keeping their operations running smoothly. Cass Commercial Bank, a solid financial institution with a......
First-Time-Buyers-Must-Make-$76,000-to-Afford-the-Typical-U.S.-Starter-Home–Up-8%-From-a-Year-Ago
Finance Fintech News

First-Time Buyers Must Make $76,000 to Afford the Typical U.S. Starter Home–Up 8% From a Year Ago

Business Wire
by Business Wire0
The income necessary to buy starter homes is increasing from a year ago due to rising prices and mortgage rates: The typical starter home sold for $240,000 in February, up 3.4% year over year, and the average 30-year fixed mortgage rate was 6.78%, up from 6.26% a year earlier. Homebuyers......
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