Category : Finance

Finance News

D.A. Davidson Acts as Financial Adviser to Timber Automation on Its Sale to USNR

Fintech News Desk
by Fintech News Desk0
D.A. Davidson announced that it served as financial adviser to Timber Automation (Timber), a portfolio company of Blue Sage Capital, on its sale to USNR, a division of Wood Technologies International, a portfolio company of One Equity Partners. Timber’s roots date back to the early 1990s and throughout its 30-plus......
Finance News

Workday Achieves FedRAMP Authorized Designation

Fintech News Desk
by Fintech News Desk0
Entry into Federal Market Marks Significant Milestone in the Company’s Growth Opportunity Workday a leader in enterprise cloud applications for finance and human resources, announced it has achieved FedRAMP Authorized status at the Moderate security impact level from the Federal Risk and Authorization Management Program (FedRAMP) for Workday Government Cloud,......
Finance News

Celsius Network Initiates Financial Restructuring to Stabilize Business and Maximize Value for All Stakeholders

Fintech News Desk
by Fintech News Desk0
Files Voluntary Petitions for Chapter 11 Protection Ample Liquidity with $167 Million in Cash to Support Operations Celsius Network announced that it initiated voluntary Chapter 11 proceedings to provide the Company with the opportunity to stabilize its business and consummate a comprehensive restructuring transaction that maximizes value for all stakeholders.......
Featured Finance News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
by Fintech News Desk0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Finance News

Integrated Partners Appoints Stephen Kolano, CFA, to the Integrated Family Office

Fintech News Desk
by Fintech News Desk0
Experts in family/business law; business management; private lending; and CPA services will align cohesively Integrated Partners, a national financial planning and registered investment advisory (RIA) firm, announced it has hired Stephen Kolano, CFA, as its Managing Director, Investments for the Integrated Family Office, which will provide ultra-high-net-worth families with a......
Finance News

Populus Financial Group and ACE Cash Express Respond to Baseless Litigation Filed by the Consumer Financial Protection Bureau

Fintech News Desk
by Fintech News Desk0
ACE vehemently disagrees with the CFPB’s claims of deception, unfairness and abuse. Over 140,000 ACE customers have availed themselves of ACE’s payment plan option since 2013, which clearly indicates borrowers were aware of this option. The CFPB claim regarding alleged improper withdrawals only relates to approximately 0.028% of ACE’s loan......
Finance News

Dedrone Closes $30 Million Series C-1 Financing

Fintech News Desk
by Fintech News Desk0
Company experiencing unprecedented growth as law enforcement, public venues, critical infrastructure, nation states and more seek out Dedrone, amidst increasing airspace security threats Dedrone, the market leader in smart airspace security, announced it has closed $30 million in an oversubscribed Series C-1 financing round. Led by public safety technology company......
Finance Investment Services News

Illuminate Financial Secures Strategic Investment from Citi

Fintech News Desk
by Fintech News Desk0
Illuminate Financial, the thesis-driven venture capital investor dedicated to early-stage FinTech and enterprise software companies, today announced a strategic relationship with Citi. Citi joins existing investors Jefferies, J.P. Morgan, Deutsche Börse Group and S&P Global as a limited partner in Illuminate Financial’s venture capital strategy. Latest Fintech News: Aduro Advisors......
Finance News

SingleStore Announces $116Million Financing Led by Goldman Sachs Asset Management

Fintech News Desk
by Fintech News Desk0
Company has raised $278M in investments over last 20 months; Welcomes new CFO & general counsel as it continues on its path of impressive growth SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, announced it has raised $116 million in financing led by the growth......
Finance News

FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges

Fintech News Desk
by Fintech News Desk0
Mercator Advisory Group study finds that 97% of asset-backed securitizations rely on FICO® Scores Mercator Advisory Group, a leading, independent research and advisory services firm exclusively focused on the payments and banking industries, found that asset-backed securitizations (ABS) continue to rely heavily on the FICO® Score as a risk and......
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