Category : Capital Markets

Capital Markets Fintech Investment Services News

Resolute Capital Partners Announces Investment in Routinify

Fintech News Desk
Investors in Financial Services-, Healthcare- and Regulatory-Focused Technology Companies Resolute Capital Partners (“RCP”), announced the company has completed a $1.5 million equity investment in Routinify, a technology-based, remote healthcare solutions company. RCP leadership believes that technology companies within the healthcare, financial services, and regulatory sectors are defensible due to each sector’s immense national......
Business Capital Markets Fintech Investment Services News

Northstar Capital Supports Thompson Street Capital Partners’ Investment in PKWARE

Fintech News Desk
Northstar Capital (“Northstar”), a provider of junior capital for middle-market private equity transactions, is pleased to announce its investment in PKWARE, a portfolio company of Thompson Street Capital Partners (“TSCP”). Founded in 1986, PKWARE created the .ZIP file format and provides leading compression, encryption, and data security platform solutions to highly......
Blockchain Capital Markets Fintech News

Vega Launches Markets and Liquidity Programme with 7 International Organizations

Fintech News Desk
Vega, a blockchain project that is building a decentralized protocol to run infrastructure for programmable financial markets, announced its Markets and Liquidity Programme, which will grant liquidity providers exclusive access to the Vega Protocol ahead of its public Testnet launch. “Market infrastructure benefits from fantastic economies of scale, which currently......
Banking Capital Markets Fintech Investment Services News

Capitalab Connects to LCH SwapAgent to Enhance Margin Optimisation Services

Fintech News Desk
Capitalab, a division of BGC Brokers LP, an entity within BGC Partners, announced the execution and subsequent compression of Capitalab’s first swaption margin optimization trades leveraging LCH SwapAgent, a service for the non-cleared derivatives market. As part of Capitalab’s leading Rates Initial Margin Optimisation service, swaption notional was created between......
Capital Markets Fintech News

Francisco Partners Announces Closing of Nearly $10 Billion in Capital Commitments

Fintech News Desk
Francisco Partners (FP) announced the closing of approximately $10 billion in capital commitments across three funds: Francisco Partners VI, L.P., a $7.45 billion equity fund, Francisco Partners Agility II, L.P., a $1.5 billion equity fund, and FP Credit Partners, L.P., a $750 million opportunistic credit fund. Each fund was substantially......
Capital Markets Fintech News

Onfido, Deloitte and Evernym Prove that Re-usable Digital Identity is Market-Ready with the FCA Regulatory Sandbox

Fintech News Desk
Onfido, Deloitte and Evernym announced the positive results of their Financial Conduct Authority (FCA) regulatory sandbox pilot, confirming that their reusable digital identity solution has been proven with market participants. Testing began in February 2019, shortly after these firms were accepted into the UK’s FCA Regulatory Sandbox (Cohort 5) to evaluate how reusable or ‘portable’ identity......
Capital Markets Fintech Investment Services News

iTrustCapital Releases New Revolutionary Physical Gold Product on IRA Platform Utilizing Kitco Metals

Fintech News Desk
The new service allows precious metals investors to diversify their portfolios and obtain physical gold amidst economic uncertainty iTrustCapital, an investment platform for alternative assets in retirement accounts, launched a new service that utilizes Kitco Metals and Tradewinds Markets Vaultchain™ Gold to deliver a revolutionary new product for precious metals......
Capital Markets Fintech Fintech Funding InsurTech Investment Services Mobile Banking News

Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank

Fintech News Desk
Mobile banking company Varo Money, announced it has closed a $241 million USD Series D round, co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG, U2 lead singer Bono and Jeff Skoll, a global entrepreneur, impact investor and movie producer. Other new investors joining the round include......
Business Capital Markets Fintech Investment Services News

Appway Announces $37 Million Investment from Summit Partners to Fuel Global Expansion

Fintech News Desk
Appway, a leading global provider of business process automation software focused on customer onboarding and customer lifecycle management for financial institutions, today announced a $37 million minority investment from global growth equity firm Summit Partners. This partnership represents Appway’s first external capital raise and will help the company to further......
Capital Markets Fintech News Trading

VirgoX Lists Canadian Dollar Stablecoin QCAD, Aiming to Establish a World Stablecoin Trading Center

Fintech News Desk
VirgoX announced that it will be partnering with Toronto based firm Canada Stablecorp to list QCAD, the first major Canadian dollar stablecoin on their exchange. Starting today QCAD will be available to buy, sell and trade on the VirgoX exchange platform. Initially, VirgoX will be offering QCAD as a trading pair to USDT......
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