Category : Finance

Finance News

Antelope Enterprise Holdings Ltd. Announces Pricing of Registered Direct Offering

Fintech News Desk
by Fintech News Desk0
Antelope Enterprise Holdings, Ltd., a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, announced that it has entered into definitive agreements with certain institutional investors for a registered direct offering of securities with gross proceeds of $3,180,295,......
Banking Finance Fintech News

BGL Announces Refinancing of Heinz at 950 North Shore for MCM Company

Fintech News Desk
by Fintech News Desk0
Brown Gibbons Lang & Company (BGL) is pleased to announce the financial closing of Heinz at 950 North Shore for MCM Company, Inc. (MCM). BGL’s Real Estate Advisors team served as the exclusive financial advisor to MCM in the transaction. The property was refinanced with Asia Commercial Real Estate (ACRE) in order to retire......
Banking Finance Fintech News

Fortis Financial, Inc. and Fortis Private Bank Announce the Appointment of Brian Lilly to the Board of Directors

Fintech News Desk
by Fintech News Desk0
Fortis Financial, Inc., the parent company of Fortis Private Bank, recently announced the appointment of Brian Lilly to the Board of Directors as an independent director. Mr. Lilly joins the Board of Directors of both Fortis Financial, Inc. and Fortis Private Bank with 30+ years of experience in the Banking and Financial......
Economy Finance News

Ideanomics Completes Acquisition of US Hybrid, Announces Order

Fintech News Desk
by Fintech News Desk0
US Hybrid also announces a significant multi-city order for all-electric street sweepers Ideanomics announced it has completed its previously reported May 12, 2021, definitive agreement to acquire 100 percent of privately held US Hybrid, a manufacturer and distributor of electric powertrain components and fuel cell engines for medium and heavy-duty commercial fleet applications.......
Finance Fintech News

Symphony AyasdiAI Selected for the 2021 CyberTech100

Fintech News Desk
by Fintech News Desk0
AI-Driven FinTech Security Provider Named to Annual List of 100 of the World’s Most Innovative CyberTech Companies Symphony AyasdiAI announced that it has been selected for the 2021 CyberTech100, the annual list of pioneering companies helping financial institutions combat cyber threats and fraud. The full list of the CyberTech100, compiled......
Finance Fintech News

Nubank Attracts Second G Series Extension and Raises Round to $1.15 Billion

Fintech News Desk
by Fintech News Desk0
Round is now US$ 250 million and had the participation of Brazilian managers such as Absoluto Partners and Verde Asset Nubank, the world’s largest independent digital bank, announced a second $250 million Series G extension, led by Sands Capital and with the participation of some of the best known Brazilian......
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
Digital E-commerce Finance Fintech News

Blockchain App Factory’s Futuristic Innovation by collaborating DeFi & NFT with Physically-Redeemable NFT Marketplace Development

Fintech News Desk
by Fintech News Desk0
A Unique Blend of NFT & eCommerce NFTs have taken the crypto world by storm and definitely, 2021 is the year of NFTs. Its position is further strengthened by emerging as the next big thing in the world of decentralized finance. We strongly believe that a decentralized NFT marketplace paves......
Digital Finance News

New Report from Corinium and FICO Finds that Lack of Urgency Around Responsible AI Use is Putting Most Companies at Risk

Fintech News Desk
by Fintech News Desk0
Research examines how global organizations are deploying AI and progress on ensuring AI is used ethically, transparently, securely and in their customers’ best interests  Highlights:  FICO and Corinium today released its second annual executive research report on Chief Analytics, Chief AI, and Chief Data Officers  65% of respondents’ companies can’t explain how......
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