Category : Finance

Finance Investments News

Desert to Power G5 Sahel Financing Facility Receives $150 Million from Green Climate Fund

Fintech News Desk
by Fintech News Desk0
The African Development Bank has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its 30th Board meeting this week. Desert-to-Power is a flagship renewable energy and economic development initiative led by the African Development Bank. Its objective is to......
Finance InsurTech News

Overalls Launches First All-In-One Insurance Protection Portfolio

Fintech News Desk
by Fintech News Desk0
New algorithmic approach packages supplemental insurance products into a structured portfolio that changes and grows with the customer Overalls, the first personalized, all-in-one protection platform, is shaking up how employee benefits are packaged by taking a new approach to insurance that combines life, personal-line and entirely new protection products into algorithmically......
Economy Featured Finance Investments

Private Investment in Africa is Exceeding Expectations in 2021, According to New AVCA Report

Fintech Staff Writer
by Fintech Staff Writer0
According to the 2021 H1 African Private Equity Data Tracker released by the African Private Equity and Venture Capital Association (AVCA), private investment in Africa is at an all-time high. Despite widespread decline felt by most economies across the globe, private equity fundraising in Africa has already managed to reach......
Cryptocurrency Finance News

Ether Cards NFT Platform Rewards Early Users with Dust Token Airdrop

Fintech News Desk
by Fintech News Desk0
Every Ether Card holder has received and will continue to collect Dust ($Dust) tokens that can be used to exchange for 27 CryptoPunks worth around $10.6 million Ether Cards, the leading dynamic NFT platform whose technology has brought real-world utility to the creation of dynamic NFTs of Steve Aoki, LaMelo......
Business Digital Payments Finance News

Reimagining Possibilities: Markaaz Partners with Mastercard to Create Small Business Solutions

Fintech News Desk
by Fintech News Desk0
One-of-a-kind platform – products, services, tools and education – sets small business owners up for a successful new year ahead Markaaz and Mastercard announced a new partnership in which Mastercard will bring products and services – including in the areas of payments and security – to the Markaaz platform to......
Currency Exchange Finance News

FTX US Launches FTX NFTs

Fintech News Desk
by Fintech News Desk0
New NFT marketplace allows for Solana tokens to be minted, held, authenticated and traded on a US-regulated platform West Realm Shires Services Inc, a leading US-regulated cryptocurrency exchange, announced the launch of FTX NFTs. The Marketplace will allow FTX US users to mint NFTs, transfer existing NFTs to the Marketplace......
Finance Fintech News

Allocations Acquires Lumen Advisory & Finance in $2.5 Million Deal

Fintech News Desk
by Fintech News Desk0
 Allocations, the world’s fastest and most powerful private equity and venture capital platform, announced today the acquisition of Salt Lake City-based Lumen Advisory and Finance. The deal, valued at $2.5m in cash and stock, brings Lumen’s accounting automation acumen into Allocations’ expanding suite of accessible private equity capabilities. Allocations acquires Lumen Allocations is......
Blockchain Finance Fintech News

Elliptic Raises $60 Million To Accelerate Safe Adoption of Cryptoassets By Mainstream Financial Markets

Fintech News Desk
by Fintech News Desk0
New Investment to Expand Team and Network Globally and Accelerate Research and Development Elliptic, the global leader in cryptoasset risk management, announced it has raised $60 million in Series C funding. The financing round was led by Evolution Equity Partners, alongside new investment from SoftBank Vision Fund 2. Existing investors......
Digital Finance Fintech News

CFOs Turning to Digital FAO Providers for Real-Time Insights

Fintech News Desk
by Fintech News Desk0
ISG Provider Lens report finds many companies focused on more holistic partnerships with digital FAO providers CFOs under pressure to deliver cost efficiencies and enable organizational growth are turning to providers of digital finance and accounting outsourcing (FAO) services to help meet their goals, according to a new report published......
Finance Fintech Investments News

Permira Agrees to Make Strategic Investment in Motus

Fintech News Desk
by Fintech News Desk0
Permira to leverage strong track record in software investing to drive growth at scale at Motus Existing investor Thoma Bravo expected to reinvest in Motus as part of the transaction Permira, the global private equity firm which backs leading, scaling, tech-enabled businesses, announced that it has signed an agreement with......
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