Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Morgan Stanley Capital Partners Acquires RowCal

Business Wire
by Business Wire0
Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired RowCal. MSCP is partnering with the current management team led by CEO Jake Christenson, who founded the business in 2018. Headquartered in Minneapolis, Minn., RowCal is a provider......

Vera Equity Launches With A $20 Million Fund

Business Wire
by Business Wire0
The firm’s first fund targets early stage fintech companies Vera Equity, a venture capital firm supporting early stage companies through its unique access to talent, announced it has raised a $20 million fund and invested in 20 innovative fintech startups to date. Vera Equity was co-founded by Michael Vaughan, former......

Onfido Launches Identity Verification Service for Salesforce Financial Services Cloud

Business Wire
by Business Wire0
Salesforce customers are now able to activate identity verification in just a few clicks to help drive onboarding efficiency and Know Your Customer compliance Onfido, the leading global provider of automated digital identity verification and authentication announced that its award-winning Real Identity Platform services are now available for Salesforce Financial Services Cloud customers.......

Rêv and Searchlight Complete Acquisition of Netspend for $1 Billion

Business Wire
by Business Wire0
Netspend founders combine assets to expand global footprint and increase access to digital innovations in payment products International payments company Rêv Worldwide (Rêv), in partnership with funds advised by Searchlight Capital Partners, L.P. (Searchlight), completed its purchase of the Netspend consumer business from Global Payments in an all-cash transaction valued......

Dynasty Financial Partners To Launch Dynasty Investment Bank

Business Wire
by Business Wire0
Facing Substantial Demand for Investment Banking Services, Firm to Provide M&A Advisory Services to RIAs Inside and Outside of the Dynasty Network Dynasty Financial Partners announced the launch of Dynasty Investment Bank. Going forward, the firm will leverage its M&A and capital strategies capabilities to offer buy-side and sell-side advice......

Cogni Debuts Web3 Passport, Pioneer Turn-Key Solution for Web2 to Web3 KYC Compliance

Business Wire
by Business Wire0
Cogni’s Passport will transform the Web3 space with its built-in compliance infrastructure for mass adoption Cogni, the pioneer Web3 platform that provides FDIC-insured banking along with an integrated non-custodial wallet, providing users access to Web3 products and services on a single platform, has debuted the “Web3 Passport,” the first and......

Tyfone Partners with Demopolis Equity Partners to Innovate and Scale the Digital Experience

Business Wire
by Business Wire0
Transaction includes merger with Cubus Solutions + Significant Investment by Demopolis Equity Partners Today, digital banking innovator Tyfone, Inc., announced a major transaction that includes a significant investment from Demopolis Equity Partners and a merger with digital banking provider Cubus Solutions, resulting in the combined entity operating under the Tyfone......

GPS Rebrands as “Thredd” to Reflect Its Unique Position as the Go to Payments Partner of Innovators Worldwide

Business Wire
by Business Wire0
Thredd sits at the heart of the global payments revolution, processing billions of transactions annually across 44 countries for the world’s leading fintechs, digital banks, and embedded finance providers Global Processing Services, a next generation global payments platform behind the leading fintechs, digital banks, and embedded finance providers across the......

Global Fintech Innovator Kakao Pay Makes Investment In Siebert Financial Corp.

Business Wire
by Business Wire0
Kakao Pay announced an agreement to purchase a 19.9% stake of Siebert of newly issued shares on April 27, 2023, and subject to shareholder and regulatory approval, Kakao Pay will acquire an additional 31.1% of Siebert of newly issued shares Siebert Financial Corp. announced that it has entered into an agreement......

PPRO Signs Strategic Partnership With NPCI International

Business Wire
by Business Wire0
This partnership removes complexity and boosts efficiency for international PSPs and merchants wanting to sell cross-border into India at scale PPRO, the leading digital payments infrastructure provider, has signed a strategic agreement with NPCI International Payments Limited (NIPL) to offer global partners access to Unified Payments Interface (UPI), India’s fastest-growing,......
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