Category : Finance

Banking Finance News

The Fundrise Innovation Fund (VCX) Participates in OpenAI’s $122 Billion Funding Round

Business Wire
by Business Wire0
OpenAI, the creator of ChatGPT and a leading AI infrastructure company, has closed its largest funding round to date at a valuation of $852 billion The Fundrise Innovation Fund (VCX) announced its participation in OpenAI’s latest funding round, increasing its existing position in one of the world’s most consequential technology......
Artificial Intelligence Finance News

OneStream Announces Completion of Acquisition by Hg for $6.4 Billion

PR Newswire
by PR Newswire0
OneStream, the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core Finance and operational functions including financial close, consolidation, reporting, planning and forecasting announced the successful completion of its acquisition by Hg, a leading investor in European and transatlantic technology and services businesses. Minority......
Digital Asset Management Finance News

Ripple Treasury Launches the First Treasury Management System (TMS) with Native Digital Asset Capabilities

Business Wire
by Business Wire0
Digital Asset Accounts and Unified Treasury give CFOs a single, real-time view of fiat and digital liquidity — the first native onchain capabilities embedded directly into an enterprise TMS Ripple, a provider of blockchain-based enterprise solutions across traditional and digital finance, announced the launch of Digital Asset Accounts and Unified......
Finance Fintech News

Octane Partners with Suzuki to Expand Financing to Prime Customers

PR Newswire
by PR Newswire0
Suzuki Dealerships and Customers Will Benefit from New Financing Options and Award-Winning Digital Tools Octane, the fintech company unlocking the power of financial products for retailers and consumers, and Suzuki Motor USA, LLC, (Suzuki) announced that they have partnered to extend competitive finance offers to prime customers in the United......
Blockchain Finance News

NEWITY Selects Canton Network to Bring Small Business Loans On-Chain

Cision PRWeb
by Cision PRWeb0
Creating a new market for small business credit and marking a milestone for real-world asset adoption on institutional blockchain infrastructure NEWITY, a financial technology company transforming how small businesses access capital, today announced it has selected the Canton Network to support on-chain distribution of small business credit, creating one of......
Banking Finance News

ProSight Financial Association Launches New Enterprise Risk & Compliance Solution

Business Wire
by Business Wire0
Integrated solution streamlines workflows and strengthens organization-wide risk and compliance culture ProSight Financial Association announced the launch of the ProSight Enterprise Risk & Compliance Solution, a truly integrated suite of cloud-based software solutions designed for small and mid-sized banks and credit unions seeking to eliminate manual, error‑prone processes and improve......
Digital Payments Finance News

New Study Reveals Deepening Financial Divide Between Americans With High and Low Credit Scores

Business Wire
by Business Wire0
Survey finds 91% of credit-challenged consumers live paycheck to paycheck and most have $500 or less in savings A new national survey from Snap Finance®, a leading fintech platform that drives retailer growth by expanding consumer access to financing, released findings showing a widening financial divide between Americans with lower......
Finance News

Secure Funder Launches, Charter Members Join To Establish Data Protection Standards in Alternative Finance

EIN Presswire
by EIN Presswire0
The industry’s first independent certification program launches with strong early participation and invites additional funders to come forward. Secure Funder™, an independent initiative for the business finance industry, today announced its official launch with close to a dozen charter member applicants. The launch marks the introduction of the first formal......
Banking Finance News

Moniepoint Inc. Enters Kenyan Market With Acquisition of Sumac Microfinance Bank

Business Wire
by Business Wire0
Strategic acquisition brings Moniepoint’s all-in-one digital financial services to Kenya’s underserved MSME segment Moniepoint Inc. (“Moniepoint”), Africa’s leading financial platform, announces the completion of its acquisition of Sumac Microfinance Bank Limited (“Sumac”). The transaction, approved by the Central Bank of Kenya and Competition Authority of Kenya, marks Moniepoint’s first major......
Finance Investments News

Blue Vault Launches New Research Portal for Alternative Investments

Business Wire
by Business Wire0
New portal and Snowflake-based data engine allows advisors, enterprises, and asset managers to compare alternatives and move forward with confidence Blue Vault, a leading aggregator of alternative investment performance data and analysis, announced the launch of its new research portal, delivering a streamlined, data-rich way for investment advisors, financial services......
1