Category : Business

Business News

Amyris and Immunitybio Complete Joint Venture For Next Generation COVID-19 Rna Vaccine

Fintech News Desk
Amyris, Inc, a leading synthetic biotechnology company accelerating the world to sustainable consumption through its Lab-to-Market operating platform, and ImmunityBio , a clinical-stage immunotherapy company, announced the completion of a previously announced joint venture agreement to accelerate the commercialization of a leading next-generation COVID-19 vaccine. Latest Fintech Insights: FTFT Subsidiary Launches......
Business Capital Markets News

Xcelerate Acquires Controlling Interest In AfiyaSasa Africa

Fintech News Desk
Xcelerate, Inc. announced it has signed a Membership Interest Purchase Agreement to acquire a 51% interest in AfiyaSasa Africa, LLC, (“ASA”) a start-up medical technology and virtual health company that the Company believes is uniquely positioned to help patients in developing countries meet their medical needs by extending the reach......
Business Capital Markets News

Novo Holdings To Acquire Ritedose

Fintech News Desk
Novo Holdings A/S (“Novo Holdings”) announced that it has agreed to acquire Ritedose from AGIC Capital and Humanwell. Founded in 1995 and headquartered in Columbia, S.C., The Ritedose Corporation (“Ritedose”) is a leading sterile pharmaceutical manufacturer, specialising in the use of blow-fill-seal (BFS) technology. Ritedose provides outsourced development and manufacturing of......
Business Fintech Investment Services News

Envista Closes Divestiture of KaVo Treatment Unit & Instrument Business

Fintech News Desk
Envista Holdings Corporation announced that it closed the previously disclosed divestiture of its KaVo Treatment Unit & Instrument business. Envista received $317.3 million in cash on the closing date and expects to receive total gross proceeds of $383 million, which includes an earnout and certain adjustments to be paid out by the first......
Business Fintech News

NSTS Bancorp, Inc. Announces Completion of Subscription Offering and North Shore MHC’s Member Approval of the Plan of Conversion and the Establishment and Funding of NSTS Charitable Foundation

Fintech News Desk
NSTS Bancorp, Inc. (the “Company”), the newly formed holding company for North Shore Trust and Savings (the “Bank”), has completed the subscription offering being conducted in connection with the previously announced plan to convert North Shore MHC from the mutual holding company to the stock holding company form of organization.......
Business Finance News

Bascom Group Wraps Up the Year, Acquiring a 320-Unit Multifamily Acquisition in Florida

Fintech News Desk
The Bascom Group, LLC  has acquired a 320-unit apartment community within the Orlando MSA in Florida. The property, Enclave at Lake Ellenor, was acquired for $68,500,000 or $214,063 per unit through a partnership with East Hill Capital’s Duff Bedrosian and Leste Group, a Miami based investment manager. Enclave is the second property acquired by Bascom in partnership with East Hill......
Business Finance News

CURO Completes Acquisition of Heights Finance

Fintech News Desk
CURO Group Holdings Corp., a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, announced that it has completed its previously announced acquisition of Heights Finance, a consumer finance company that provides installment loans and offers customary opt-in insurance and other financial products, from......
Business Finance News

Viva Wallet Acquires 33.5% Stake in ‘N7 Mobile’ Software Development Company

Fintech News Desk
The European neobank invests in ‘N7 mobile’ as part of its ambitious European Technology Hubs deployment Strategy Viva Wallet, a European neobank with local presence in 23 countries through branches, acquired the 33.5% of Polish N7 mobile, a niche software development company. N7 mobile operates in Poland for more than a decade......
Business Finance News

LexinFintech Receives Corporate Commitment Certificate from The Asian Banker for Outstanding ESG Efforts

Fintech News Desk
LexinFintech Holdings Ltd., a leading online consumption and finance platform in China, has received the Wealth and Society Corporate Commitment Certificate from The Asian Banker’s Global Wealth and Society Corporate Commitment Certification Programme 2021. The certificate comes as an important international recognition for Lexin’s outstanding environmental, social, and governance (ESG) efforts, including......
Banking Business News

Citizens Survey Confirms Near Universal and Permanent Adoption of Digital Banking Tools

Fintech News Desk
Nearly all customers now do some or all banking digitally while interaction with bankers is reserved for advice, complex transactions Nearly all consumers and businesses now do at least some of their banking via digital channels and plan to do so permanently, further accelerating a trend that emerged last year......
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