Category : Finance

Finance Fintech News

Seacoast Announces the Acquisition of Legacy Bank of Florida

Fintech News Desk
Significantly Expands Seacoast’s Presence in the Dynamic Palm Beach and Broward County Marketplaces Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank (“Seacoast Bank”), announced today that it has signed a definitive agreement to acquire Legacy Bank of Florida (“Legacy Bank”), in a transaction that will expand Seacoast’s......
Finance Fintech News

Aunalytics Introduces Next-Generation Daybreak for Financial Services, Empowering Users with Advanced Analytics and Valuable Business Insights to Accelerate Competitive Advantage

Fintech News Desk
Mid-sized banks and credit unions now have access to actionable data, enriched with Smart Features, to enhance customer relationships and deliver the right products and services, to the right people, at the right time Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, today introduced its next generation......
Finance Fintech Investment Services Investments News

Voya Launches Advisor Managed Accounts Program

Fintech News Desk
New service introduced as Voya data finds 76% of working Americans want access to a financial professional for savings and investment advice Voya Financial, Inc., announced the launch of its new advisor managed accounts advisory program in collaboration with Morningstar Investment Management LLC. As one of the latest services within......
Finance Fintech News

FP Alpha launches New Tax Tool for Advisors, The Tax Snapshot

Fintech News Desk
FP Alpha, an AI-driven document automation and planning recommendation engine, launches new enhancement to their tax planning module, The Tax Snapshot FP Alpha, an AI-driven wealth management solution for financial advisors, announced today the launch of, The Tax Snapshot, a dynamic client engagement deliverable that provides financial advisors with an instant summary......
Finance Fintech News

AKASA Raises $60 Million in Series B Round

Fintech News Desk
AI-Based Automation Company Formerly Known As Alpha Health Expands Infrastructure and Elevates Brand AKASA (formerly known as Alpha Health), the first Unified Automation™ company for revenue cycle management in healthcare, announced it has raised $60 million in its series B round of funding. The funding will enable the company to......
Business Finance News

Newtek Business Lending, LLC Closes $100 Million Credit Facility with Deutsche Bank AG

Fintech News Desk
 Newtek Business Services Corp., an internally managed business development company (“BDC”), announced that Newtek Business Lending, LLC (“NBL”), Newtek’s portfolio company that originates and funds SBA 504 loans, closed a $100 million credit facility with Deutsche Bank AG. The facility will be used to fund SBA 504 loans and has......
Banking Digital Finance Fintech Mobile Banking News

Payfare Completes Initial Public Offering

Fintech News Desk
Payfare Inc. successfully closed its previously announced initial public offering of 10,900,000 Class A common shares at a price of $6.00 per Common Share for total gross proceeds of C$65,400,000. Payfare will use the net proceeds from the Offering to repay its short term debt in full, finance growth and......
Finance Fintech Investments News

Newlink Group Raises $300 Million In Funding From Leading Financial Institutions

Fintech News Desk
Leading energy technology company plans to accelerate digitalization of the energy value chain Newlink Group announced that it has closed $200 million in incremental equity financing led by Bain Capital, a leading global multi-asset alternative investment firm. Existing investor Joy Capital also participated in the fundraising. The current round of fundraising......
Business Finance News

Managing Your Cash Flow Has Never Been Easier with Finagraph CashFlowTool and Your Visa Business Card

Fintech News Desk
New Visa Business card benefits now include the #1-rated CashFlowTool at substantial discount Finagraph announced the immediate availability of CashFlowTool as a value-added benefit for Visa Business cardholders in the U.S. “Our partnership with Finagraph adds to Visa’s continued efforts to help small businesses across the U.S. grow and thrive.”......
Business Finance Fintech News

Humana Announces Plan for CFO Transition

Fintech News Desk
Humana Inc. announced that Brian Kane will be transitioning from his role as Chief Financial Officer to pursue broader career goals. To ensure a smooth transition, Kane has agreed to remain in his current role through June 1, 2021, and then serve in an advisory role through the end of......
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