Category : Business

Business Fintech Investment Services News

Envista Closes Divestiture of KaVo Treatment Unit & Instrument Business

Fintech News Desk
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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......
Business Digital Payments News

EVO Payments Acquires Majority Interest in National Bank of Greece Merchant Acquiring Business

Fintech News Desk
by Fintech News Desk0
EVO Payments, Inc., a leading global provider of payment technology integrations and acquiring solutions, announced that it has entered into a long-term strategic marketing alliance with the National Bank of Greece  to provide merchant acquiring and payment processing services. “We are equally pleased to form this alliance and leverage EVO’s......
Business Finance News

CASHe Appoints Veteran Banker Joginder Rana to Top Role and Makes Strategic C-Suite Appointments

Fintech News Desk
by Fintech News Desk0
Strengthens key leadership team ahead of next growth phase CASHe, India’s preferred AI-driven financial wellness platform with a mission to make financial inclusion possible to all, is prepping up for its next phase of growth with a series of key leadership appointments.  To this effect, the company has appointed Joginder Rana......
B2B Business News

BV Investment Partners Announces Investment in Intent Data Platform Intentsify

Fintech News Desk
by Fintech News Desk0
Intentsify’s Intent Activation platform powers account-based marketing and sales strategies for hundreds of B2B Fortune 500 and high-growth middle market customers BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced a significant strategic investment in intent data software......
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