Category : Business

Business Capital Markets News

The J.M. Smucker Co. Completes The Divestiture Of Its Natural Beverage and Grains Businesses To Nexus Capital

Fintech News Desk
by Fintech News Desk0
The J.M. Smucker Co. announced the closing of the transaction to divest its natural and organic beverage and grains businesses to Nexus Capital Management LP in a cash transaction valued at $110 million, subject to a working capital adjustment. The Company previously announced the signing of a definitive agreement . Latest......
Business Fintech News

Hut 8 Announces Closing of the Acquisition Of TeraGo’s Data Center Business

Fintech News Desk
by Fintech News Desk0
Hut 8 Mining Corp. (“Hut 8” or “the Company”), one of North America’s largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to announce the closing of its definitive agreement to purchase the cloud and colocation data center business from TeraGo Inc. Latest Fintech Insights: 468 Capital......
B2B Business News

Blackhawk Network Purchases Minority Stake in Singapore-Based Rewards and Incentives Company, Wogi

Fintech News Desk
by Fintech News Desk0
Agreement will expand access to digital-first rewards, incentives and gift card content to select Southeast Asia markets As part of its mission to offer meaningful rewards on a global scale, Blackhawk Network has purchased a minority stake in Singapore-based rewards and incentives company, Wogi. The collaboration will accelerate the growth of rewards and......
Business Commerce Interviews

FinTech Interview Series: Union Budget of India 2022 Special

Sudipto Ghosh
by Sudipto Ghosh0
The Finance Minister of the world’s fastest-growing economy, Nirmala Sitharaman is all set to present her third Union Budget on February 1, 2022. This year, the union budget of India is likely is to focus on the government making strides through several initiatives, including the recently set up Fintech Department......
Banking Business News

First Horizon Bank to Give Away $1 Million to Businesses

Fintech News Desk
by Fintech News Desk0
First Horizon Corp. announced that it is giving away $1 million in total cash prizes through a Back to Business contest designed to recognize and celebrate resilient businesses in the Company’s regional footprint. “Local businesses remain the heart and soul of our communities,” says Anthony Restel, President of Regional Banking. “As we kick off a new......
Banking Business News

FNCB Bank Announces Expansion Into Equipment Financing

Fintech News Desk
by Fintech News Desk0
FNCB Bancorp, Inc, the parent company of FNCB Bank, announces that the Bank has recently launched 1st Equipment Finance, a new equipment financing solution offered by the Bank, which is based in its Exeter, Pennsylvania location. 1st Equipment Finance provides equipment financing solutions, including leasing alternatives, for business customers, vendors,......
Business Fintech News

IDT Acquires Sochitel, A Global FinTech and Digital Distribution Business

Fintech News Desk
by Fintech News Desk0
IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced that it has acquired a majority stake in Sochitel, a global hub and digital distribution platform for mobile top-up, electronic vouchers, and other value transfer services. Latest Fintech Insights: AM Best Upgrades Credit Ratings of CNO Financial......
Business E-commerce News

Sellvia Gives an Opportunity to Start an Ecommerce Business for Free

Fintech News Desk
by Fintech News Desk0
Sellvia, a full-scale ecommerce ecosystem for online entrepreneurs, has created a new opportunity for everyone who wishes to launch their own business. Sellvia builds a free online store and gives full access to the company’s resources to anyone wishing to try ecommerce. Latest Fintech Insights: 2022 Signals “Regime Change” for Markets and......
Business Finance News

Penelope Launches Retirement Savings Platform For Small Businesses And Entrepreneurs

Fintech News Desk
by Fintech News Desk0
Penelope aims to help 60 million Americans build bright financial futures and generational wealth with employee retirement platform On a mission to enable every small business to build bright financial futures for their owners and employees, Penelope announced the launch of its 401(k) platform, giving small business owners an affordable and......
Business Digital Asset Management News

Escalade Completes Acquisition Of the Assets of the Brunswick Billiards Business from Life Fitness, LLC

Fintech News Desk
by Fintech News Desk0
Escalade, Inc., a leader in sporting goods and indoor/outdoor recreation equipment, announced that it has completed its acquisition of the assets of the Brunswick Billiards business from Life Fitness, LLC, a portfolio company of KPS Capital Partners, LP. Latest Fintech Insights: Marco Financial Partners with DP World to Finance Global Trade......
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