Category : Finance

Finance News

IDB Bank And Lido Advisors Announce Joint Venture

Fintech News Desk
The JV, to be called IDB Lido Wealth, will combine Lido’s superior wealth management capabilities with IDB’s full suite of private and commercial banking solutions to serve IDB’s high-net-worth clients IDB Bank and Lido Advisors, LLC announced the creation of a new strategic partnership and joint venture: IDB Lido Wealth.......
Finance News

CIT Providing $70 Million in Financing to Maritime Asset Partners

Fintech News Desk
CIT Group Inc. announced that its Maritime Finance business is providing $70 million in financing to Maritime Asset Partners for the refinancing of Sterling LLC. Maritime Asset Partners is a specialized finance platform focused on leasing, secured lending and structured equity solutions. Sterling owns and operates 11 Handysize dry bulk vessels, a majority of......
Digital Finance News

Tecnotree Continues to Deliver Phenomenal Results

Fintech News Desk
Tecnotree, the IT products and services provider from Finland, announced its financial results for the third quarter of 2021. With the highest revenue in the last 5 years and the highest order book in 9 years, Q3 of 2021 is another historical quarter for the company. Driven by growth in almost all the......
Finance Fintech Investments News Trading

Wealthface Launches Advanced Trading Platform

Fintech News Desk
– Announcement follows Robo-Advisor launch – Platform offers MENA user-friendly trading platform – Platform offers trades in the US market at a low cost – Platform offers fractional shares solution and a Basket of stocks – Platform offers tailored factor investing portfolios with Halal Islamic option Wealthface, an Investment management......
Finance Investments News

Boost Industrial Manufacturing to Accelerate Economic Growth and Development in Nigeria, African Development Bank Head Says

Fintech News Desk
He said Nigeria must accelerate its manufacturing sector through integration and a rapid progression up global and regional value chains where it has a comparative advantage African Development Bank Group (AfDB.org) President Dr. Akinwumi A. Adesina has said low levels of industrial manufacturing are hampering economic growth and development in Nigeria and......
B2B Finance Fintech News

Financial Automation Startup SnapAP Expands Its Leadership Team

Fintech News Desk
SnapAP, SaaS leader in B2B finance automation sets the stage for future growth SnapAP, a leader in B2B finance automation, announced a number of key senior management hires, including Roshni Wijayasinha as its Chief Marketing Officer; Tiffany Campbell as Head of Channel Sales; Pablo Asiron as Head Of Strategic Sales;......
Finance Investments News

Drip Capital Raises $175 Million to Build a Tech-Enabled Global Trade Facilitation Platform

Fintech News Desk
Drip Capital, Inc. (Drip Capital), a leading digital cross-border trade finance platform for small and medium businesses (SMBs), announces that it has raised $175 million in fresh capital to power its next phase of growth. Funds raised include a $40 million Series C investment and $135 million in warehouse debt facilities. To date, with this......
Finance News

Broadridge Announces Go-Live of Global Proxy Sub-Custody Services in Switzerland

Fintech News Desk
As part of the ongoing worldwide rollout of its innovation program to promote and enable the highest standards of corporate governance in local and global markets, Broadridge Financial Solutions, Inc. announced the live operational availability of its “golden copy” event sourcing and proxy vote execution service for custodians and local agents......
Finance News

CommScope Announces Finance Function Succession Plan

Fintech News Desk
Kyle Lorentzen Appointed Chief Financial Officer CommScope Holding Company, Inc., a global leader in network connectivity, announced a number of changes to its finance functions, including the appointment of Kyle Lorentzen, currently senior vice president and chief transformation officer, as executive vice president and chief financial officer, effective November 1,......
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