Search Results for: preliminary consolidated

SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits
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SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits

Fintech News Desk
SIA’s Board of Directors, meeting under the chairmanship of Federico Lovadina, approved the preliminary consolidated financial results at 31 December 2020, confirming the positive trend of 2019 and growing in the fourth quarter of 2020, despite the economic contraction caused by the Covid-19 pandemic. Read More: GlobalFintechSeries Interview with Joshua Levin,......
CI Financial Reports Total Assets of $438.0 Billion for November 2023
Finance Fintech News

CI Financial Reports Total Assets of $438.0 Billion for November 2023

Business Wire
All financial amounts in Canadian dollars unless stated otherwise. CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $438.0 billion as at November 30, 2023, consisting of asset management assets of $122.8 billion, Canadian wealth management assets of $86.1 billion, Canadian custody assets of $24.8 billion, and......
Evertec to Acquire Sinqia, a Leading Provider of Software Solutions for Financial Institutions in Brazil
Fintech News

Evertec to Acquire Sinqia, a Leading Provider of Software Solutions for Financial Institutions in Brazil

Business Wire
EVERTEC, and Sinqia (B3: SQIA3) (“Sinqia”) jointly announced a definitive agreement for Evertec to acquire Sinqia, a leading player in the market of software for financial services in Brazil for consideration with a value of R$27.19 per share, increased by a customary daily “ticking fee” of up to R$1.00 per......
AM Best Assigns Credit Ratings to Subsidiaries of Everspan Group
Finance News

AM Best Assigns Credit Ratings to Subsidiaries of Everspan Group

Fintech News Desk
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Providence Washington Insurance Company (Providence, RI), Greenwood Insurance Company (Harrisburg, PA), Consolidated National Insurance Company (Littleton, CO) and 21st Century Auto Insurance Company of New Jersey (Ewing, NJ). All four......
Lendingtree Provides Update to 2Q 2022 Financial Guidance
Finance News

Lendingtree Provides Update to 2Q 2022 Financial Guidance

Fintech News Desk
Company remains focused on strategic imperatives despite persistent inflation and interest rate-driven headwinds LendingTree, Inc. the nation’s leading online financial services marketplace, announced revised guidance for the current quarter. Latest Fintech News: Genesis Receives In-Principle Approval from Monetary Authority of Singapore for Major Payment Institution License “Our variable marketing model continues......
Palayan Resources Inc. Update on Fin-Tech Merger
Fintech News

Palayan Resources Inc. Update on Fin-Tech Merger

Fintech News Desk
Palayan Resources, Inc., a publicly traded company, announced today the Company is moving forward with our Due Diligence on the Fin-Tech merger. The preliminary valuation of the transaction is $80 million USD. The Fin-Tech operations will become subsidiaries of PLYN and file consolidated financial statements. The transaction is subject to......
Franklin Templeton Expects to Close Acquisition of Legg Mason on July 31, 2020
Fintech News

Franklin Templeton Expects to Close Acquisition of Legg Mason on July 31, 2020

Fintech News Desk
Franklin Resources, and Legg Mason,  announced that all conditions to the closing of their previously announced merger transaction have been satisfied and the transaction is expected to close on July 31, 2020. Read More: GIACT Donates Identity and Account Verification Services to the Brave of Heart Fund, Supporting Families of......
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