Author : Fintech News Desk

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Fintech News Desk is a trained group of web journalists and reporters who collect news from all over the financial technology landscape. The financial services innovations include latest and advanced developments related to Digital banking, wallets, AI, ML, IT, Cloud Security, Privacy and Security, Cyber threat intelligence, Space, Big data and Analytics, Blockchain, and Crypto. To connect, please write to Fintech market analyst at sghosh@martechseries.com.

D.A. Davidson Research Deepens Research Expertise With Hiring of Michael Baker to Cover Consumer Hardlines Sector

Fintech News Desk
Firm continues growing research team with focus on significant industries D.A. Davidson & Co. announced today that the firm has continued expanding its institutional research team with the addition of experienced analyst Michael Baker. Baker will provide coverage of the consumer hardlines sector, including retailers and warehouse clubs selling consumer electronics,......

Morgan Stanley Private Credit and Comvest Partners Announce Junior Capital Financing for von Drehle Corporation

Fintech News Desk
Morgan Stanley Private Credit and Comvest Partners are pleased to announce their role as co-lead arrangers in providing $90.0 million in junior capital securities to von Drehle Corporation (“von Drehle,” or the “Company”), a leading manufacturer of away-from-home paper products. “We are pleased to support von Drehle in this comprehensive......

Figure Names Wall Street Vet Robert Hershy as Head of Capital Markets Effort for Provenance

Fintech News Desk
Former Morgan Stanley Executive Will Spearhead Effort To Bring Institutional Buyers and Sellers to Figure Blockchain Platform, Provenance Figure Technologies, a leader in transforming financial services through the power of blockchain technology, announced that former Morgan Stanley Global Head of Securitized Lending Bob Hershy will join the company as Head......

Splitit Raises $71.5 Million to Accelerate Growth

Fintech News Desk
Splitit, the only global payment platform that enables shoppers to pay installments via their credit cards, announces it has raised $71.5 million dollars in a private placement and share purchase plan (“SPP”). The fundraise has attracted a number of top institutional investors including Woodson Capital Management, L.P. Read More: GIACT......

GoHealth’s Encompass Platform Drives Value-Based Care Engagement to Improve Health Outcomes

Fintech News Desk
GoHealth, a leading health insurance marketplace, announced its proprietary Encompass Platform will double down on the value-based care model as a key component in the future of Medicare Advantage care delivery. GoHealth’s Encompass Platform is a digital health solution that connects consumer insights and essential functions across the customer journey......

Schwab 401(k) Survey Finds Savings Goals and Stress Levels on the Rise – Participants Now Believe They Need to Save $1.9 Million for Retirement

Fintech News Desk
Anxiety about long-term retirement savings is up according to a new survey from Schwab Retirement Plan Services, and so is participant engagement. The nationwide survey of 1,000 currently employed 401(k) plan participants finds that saving enough for a comfortable retirement continues to be their leading source of significant financial stress.......

Naborly Announces Credit Report Powered by Equifax

Fintech News Desk
New product offering provides U.S. and Canada landlords with quick and affordable access to tenant credit reports Naborly, the modern-day property management software for everyday landlords, announced a new product, Naborly Credit Report, which grants landlords in the U.S. and Canada fast and affordable access to comprehensive tenant credit reports. Naborly......

Daxko Announces Community Connect, Member Experience App in Partnership with EGYM

Fintech News Desk
Daxko, the health and fitness industry’s leading software and integrated payments provider, launches premiere member experience app Community Connect in partnership with fitness technology company, EGYM. Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant In a time of uncertainty amidst COVID-19, the health and......

Padgett Business Services names Jeff Phillips new CEO

Fintech News Desk
Co-founder of Accountingfly to guide corporate strategy and vision Padgett Business Services, one of North America’s largest accounting and business consulting providers, has named Jeff Phillips as the company’s new CEO. Phillips, an accomplished accounting industry leader and entrepreneur, will focus on franchisee support and growth, as well as increasing......
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