Category : Finance

Finance Fintech News

Traverse Fund Portfolio Company Cloud Elements Acquired by UiPath

Fintech News Desk
by Fintech News Desk0
The acquisition is the first in 2021 for Mercato Partners’ Traverse Fund Traverse, Mercato Partners’ growth fund, announced the acquisition of Cloud Elements, by UiPath, a global leader in enterprise automation software for an undisclosed sum.  Part of the Mercato Traverse Growth Fund III, Denver-based Cloud Elements specializes in API integration and management and complements UiPath’s comprehensive portfolio of solutions. “Cloud Elements has......
Finance Investment Services Investments News Trading

ServiceTitan Announces $500 Million Investment Led By Tiger Global Management and Sequoia Capital Global Equities

Fintech News Desk
by Fintech News Desk0
The Series F financing values the company at $8.3 billion ServiceTitan, the world’s leading provider of software for the trades, announced a $500 million round at an $8.3 billion valuation. The round was led by Tiger Global Management and Sequoia Capital Global Equities with participation from H.I.G. Growth Partners. Existing investors participated, including......
Banking Business Finance News

Non-Bank Lender Leading the Way in Small Business Funding

Fintech News Desk
by Fintech News Desk0
As many enterprising small business owners would know, getting finance can be a major thorn in the side, with one in every four small and medium enterprises (SMEs) getting rejected by banks. According to the Australian Banking Association, 60 per cent of aspiring small business owners say that access to......
Finance Fintech News

Discover Announced as 2021 CIO 100 Award Winner for Cloud Data Fabric Platform

Fintech News Desk
by Fintech News Desk0
CIO 100 award recognizes excellence and innovation in IT Discover Financial Services was selected as a 2021 CIO 100 award winner. For over 30 years, the CIO 100 awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT. “We are......
Cryptocurrency Finance Fintech News

MiMo DeFi Protocol World’s First Decentralized Lending Platform to Mint Euro Stablecoin PAR

Fintech News Desk
by Fintech News Desk0
Lock up your WBTC, ETH and USDC to mint PAR tokens and earn high-yield APYs through Liquidity Mining Pools MiMo DeFi has recently revamped its Web App and Wallet with a simple and straightforward UI/UX and added more cryptocurrencies, such as ETH, WBTC and USDC, for vault lockup to mint Euro......
Finance Fintech News

Personetics Patents Automated Cash-Flow Based Savings US Bank First to US Market

Fintech News Desk
by Fintech News Desk0
Personetics, the leading global provider of AI-powered personalization used by the world’s top Financial Institutions, announced that it has patented a solution that automatically helps customers intelligently save or invest funds based on their cash flow patterns. “Pay Yourself First” (PYF) addresses a need in the market for customers that......
Finance Investment Services Investments News

Slate Asset Management Announces US$2.33 Billion Portfolio and Platform Acquisition from Annaly Capital Management, Inc.

Fintech News Desk
by Fintech News Desk0
Transaction demonstrates Slate Asset Management’s ability to execute complex transaction at opportunistic time in the market cycle Slate Asset Management (“Slate”), a leading alternative asset management platform with a focus on real estate, has announced the acquisition of the Commercial Real Estate Business (“ACREG”) of Annaly Capital Management, Inc. (“Annaly”)......
Digital Payments Finance Fintech News

Fiserv to Streamline Delivery of Innovative Payment Solutions to Merchants with Acquisition of Pineapple Payments

Fintech News Desk
by Fintech News Desk0
Fiserv, Inc., a leading global provider of payments and financial services technology solutions, announced that it has signed a definitive agreement to acquire Pineapple Payments and will continue to provide payment processing services to Pineapple Payments merchants, while enhancing its seamless delivery of an array of customer-focused, innovative solutions. “Pineapple......
Finance Fintech News

Biz2Credit Study Finds Credit Scores and Average Earnings of Women-Owned Businesses Rose, Yet Loan Approvals Lagged in 2020

Fintech News Desk
by Fintech News Desk0
Analysis of 40,000 Firms Finds Revenues and Costs Down; Texas and California Are The Top States for Loan Requests from Women-Owned Firms The annual Biz2Credit Women-Owned Business Study found that although revenues dropped for women-owned firms in 2020, their earnings grew, primarily because expenses decreased during the pandemic. Women-owned business earnings averaged......
Finance Fintech InsurTech News

Great Place to Work® and Fortune Name Selective Insurance One of the 2021 Best Workplaces in Financial Services & Insurance, Ranking #38

Fintech News Desk
by Fintech News Desk0
Great Place to Work® and Fortune have honored Selective Insurance as one of the Best Workplaces in Financial Services & Insurance. This is Selective’s first time being named to this prestigious list, ranking in 38th place. Earning a spot means that Selective is one of the best companies to work for in the country. The......
1