Category : Finance

Finance Fintech News

Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments

Fintech News Desk
by Fintech News Desk0
Seasoned finance leader, Roy Heldshtein, joins as Managing Partner and Chief of Operations; VP Business Dev & Operations at Team8 Fintech, Galia Beer-Gabel, announced as Partner; Co-founder of ClearX, Gal Hochberg, has been appointed as group’s CTO Team8, a global venture group, announced the appointment of former VP of Finance......
Finance Investment Services News

Vorwerk Ventures, Acton Capital and Picus Invest €7M in MedKitDoc

Fintech News Desk
by Fintech News Desk0
MedKitDoc, a German telemedicine platform, raises 7 million euros in seed financing. In addition to Vorwerk Ventures, Acton Capital, and existing investor Picus Capital, FlixBus founders Daniel Krauss and Jochen Engert are also investing in the fast-growing digital health start-up based in Berlin and Hannoversch Münden. The next generation of......
Finance News

Pango Group Launches VantageIQ, a Proprietary, Data Intelligence Software Platform

Fintech News Desk
by Fintech News Desk0
Pango Group, one of the leading independent settlement services companies in California, recently announced the launch of VantageIQ, its proprietary software platform focused on utilizing data intelligence to support its approach of consistent growth and recurring revenue. VantageIQ is powered by a robust back-end and provides a seamless user experience through......
Finance News

State Investment Management Agency Grants Funding to Utenos Trikotažas

Fintech News Desk
by Fintech News Desk0
SBA Group company Utenos Trikotažas and the State Investment Management Agency (VIVA), which manages the Business Assistance Fund, have signed a financing agreement worth EUR 2.8 million. The fund will purchase the company’s bonds for EUR 2.3 million and will provide another EUR 500 thousand in the form of a......
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......
Finance InsurTech News

KBRA Assigns Insurance Financial Strength Rating to Tower Hill Insurance Exchange

Fintech News Desk
by Fintech News Desk0
Kroll Bond Rating Agency (KBRA) assigns an Insurance Financial Strength Rating of BBB+ with a Stable Outlook to Tower Hill Insurance Exchange (THIE). THIE was formed as a Florida reciprocal exchange and will begin writing residential property insurance in Florida within its first year of operation and continue to expand......
Finance News

Atento Announces Signing of New Super Senior Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
The IDB Invest credit facility to provide $43 million in financing, which may be raised to $50 million Atento S.A., one of the world’s five largest providers of customer relationship and business process outsourcing (CRM / BPO) services and sector leader in Latin America, announced that it entered on December 23,......
Finance News

Group ONE Closes US$150 Million Equity Financing Round Led by Guggenheim Investments

Fintech News Desk
by Fintech News Desk0
Group ONE Holdings, Asia’s largest global sports media platform and parent company of ONE Championship and ONE Esports, announced it has closed a US$150 million equity financing round led by two new global investors, Guggenheim Investments (“Guggenheim”), the global asset management and investment advisory division of Guggenheim Partners, and Qatar Investment Authority......
Finance News

iCapital Network Announces Latest Funding Round Led by WestCap

Fintech News Desk
by Fintech News Desk0
New investor Apollo is the latest preeminent alternatives manager to make strategic investment, highlighting iCapital’s global leadership in facilitating access to alternative investments iCapital Network, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced that it has closed......
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