Category : Finance

Finance News

Andela Announces $200 Million Investment Led by SoftBank

Fintech News Desk
by Fintech News Desk0
The Series E financing values the global engineering network at $1.5 billion Andela, the global network for remote engineering talent, announced $200 million in Series E financing that values the company at $1.5 billion. The round was led by Softbank Vision Fund 2 with participation from new investor Whale Rock and existing......
Finance Investments News

Citi Launches Integrated ESG & Multi-Currency Notional Pooling Capabilities in Luxembourg

Fintech News Desk
by Fintech News Desk0
Citi has announced the launch of its multi-currency notional pooling (MCNP) capabilities in Luxembourg, with a unique integrated Environmental, Social, and Corporate Governance (ESG) offering attached. The offering will allow clients to harness multi-currency notional pooling, automated ESG investments options and wider liquidity management capabilities, including target balancing, multi-bank target......
Business Digital Finance

FinancialForce Expands Delivery of ERP and Professional Services Automation in EMEA and APAC

Fintech News Desk
by Fintech News Desk0
Synergies Deepen Value for Organizations Running Applications on the Salesforce Platform FinancialForce, the leading provider of customer-centric business applications across finance, services, and customer success teams, announced that it will be bringing their ERP and Professional Services Automation (PSA) cloud solutions to organizations on the Salesforce platform in APAC and......
Banking Finance Fintech News

Tresata Announces the Beginning of the End of Financial Crime With Free Service, BADaaS

Fintech News Desk
by Fintech News Desk0
Bad Actor Discovery as a Service (BADaaS) is the first AI-powered service that uses publicly available data on financial crime to reveal hidden connections  Tresata announced the launch of its Regtech Cloud with the availability of Bad Actor Discovery as a Service (BADaaS). Powered by Tresata’s advanced AI systems, BADaaS offers......
Analytics Finance Fintech News

Raymond James Ltd. Selects FactSet to Provide Market Data for Canadian Financial Advisors

Fintech News Desk
by Fintech News Desk0
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has been selected by Raymond James Ltd. as its market data provider for financial advisors in Canada. FactSet is working with Raymond James Ltd. to implement its web-based Wealth Workstation to over 900 wealth......
Banking Finance News

Live Oak Bank and Built Technologies Partner to Improve Construction Lending for Customers

Fintech News Desk
by Fintech News Desk0
Built’s construction finance software will provide the Bank’s customers a truly digital experience, including greater visibility into the progress of their construction projects, collaboration, and easy access to draws  Built Technologies, the leader in construction finance software, announces that its solution has been implemented by Live Oak Bank. Live Oak......
Digital Finance News

MoneyLion to Become Publicly Traded Following Completion of Business Combination with Fusion Acquisition Corp.

Fintech News Desk
by Fintech News Desk0
MoneyLion to Begin Trading Tomorrow on the NYSE Under Ticker Symbol “ML”  MoneyLion Inc. an award-winning, data-driven, digital financial platform, announced today that it has closed its previously announced business combination with Fusion Acquisition Corp. (“Fusion”). The transaction was approved at a special meeting of Fusion’s stockholders on September 21,......
Finance Investments News

Sphera Expands Front Office with SS&C

Fintech News Desk
by Fintech News Desk0
Israel’s largest hedge fund manager leverages SS&C’s Eze Investment Suite SS&C Technologies Holdings, Inc. announced that Sphera, a Tel Aviv and New York-based long/short global investment firm, has chosen Eze Investment Suite for its front-office operations. Sphera will use Eze Investment Suite to run its entire investment process, including order management, modeling and simulations,......
Cryptocurrency Currency Exchange Digital Finance News

BreachQuest Shields Businesses From New Treasury Department Sanctions Linked To Ransomware Payments

Fintech News Desk
by Fintech News Desk0
U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a crackdown on the use of digital currencies in ransomware attacks and other financial crimes, including its first-ever sanctions against a crypto exchange. In response to the advisory, BreachQuest, a leader in ransomware and cybersecurity readiness and remediation, announced how they......
Banking Finance Fintech News

HSBC Brings First-of-its-Kind Sustainable Finance Product Suite to Canadian Businesses

Fintech News Desk
by Fintech News Desk0
HSBC Bank Canada announced the launch of five new sustainable finance tools for commercial and global banking clients. Available to Canadian businesses of all sizes, Green Deposits, Green Trade Finance, Green Revolving Credit Facilities, Sustainability-Linked Loans, and Green Equipment Financing are joining HSBC’s successful Green Loans launched in 2019. With......
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