Category : Finance

Finance Fintech News

U.S. Bank, Enterprise Community Partners Announce Innovative Racial Equity Bond

Fintech News Desk
by Fintech News Desk0
The $30 million bond will support housing developers of color U.S. Bank and Enterprise Community Partners (Enterprise) announced the issuance of an innovative bond designed for targeted and measurable racial equity results. Issued by Enterprise Community Loan Fund, Enterprise’s Community Development Financial Institution (CDFI), the $30 million bond will help......
Banking Finance Fintech News

MX Launches New Financial Insights APIs to Power Financial Wellness and Accelerate Open Finance

Fintech News Desk
by Fintech News Desk0
All organizations — technology companies, financial institutions, fintechs, retailers — can now quickly and securely connect MX financial insight and wellness tools into their current products and offerings MX, the leader in modern connectivity and financial data enhancement, announced the launch of new Financial Insights APIs and embeddable user interfaces,......
Economy Finance Fintech News

Accuity Study Reveals Failed Payments Cost the Global Economy $118.5 Billion in 2020

Fintech News Desk
by Fintech News Desk0
Key findings: 60% of organizations reported losing customers as a result of failed payments 60% of organizations reported losing customers as a result of failed payments Fewer than 50% are actively trying to improve their payments process despite nearly all respondents citing disappointment with failure rates Over one third of......
Finance Fintech

Chipotle, Chobani, Even, Prudential Financial, Verizon, and Other Leading Companies Join Forces with PayPal and JUST Capital

Fintech News Desk
by Fintech News Desk0
Participating companies will evaluate the financial security and health of their employees as part of a new initiative aimed at addressing the economic hardships of workers Chipotle, Chobani, Even, Prudential Financial, Verizon, and other leading companies have joined PayPal and JUST Capital in the Worker Financial Wellness Initiative, a coalition aimed at making workers’ financial......
Blockchain Cryptocurrency Digital Finance Fintech News

HashCash Proposes Crypto Growth Monitor Integrating AI and Analytics

Fintech News Desk
by Fintech News Desk0
A ‘Crypto Growth’ monitor application is intended to strain, sort, scan, and analyze millions of news articles generated in a day to allow preparedness for the next turn HashCash Consultants, a leading developer of blockchain-powered crypto solutions. HashCash is known to contribute to the digital asset space by propagating various......
Finance Fintech News

ThermoCredit Creates Credit Facility for ASC Partners

Fintech News Desk
by Fintech News Desk0
ThermoCredit LLC, a funding and fintech company, has created a $250,000 line of credit for ASC Partners to fund the growth of their other business interests Thermo Credit LLC has entered into an agreement with ASC Partners to provide a rapid access credit facility. The $250,000 factoring facility has been......
Finance Investments News

MedMira Closes New Equity Investment for Future Growth

Fintech News Desk
by Fintech News Desk0
MedMira Inc. has closed a CAD$ 0.5 million equity investment with a Canadian arm’s length investor. The investment is strictly aimed to increase the Company’s growing operational capacity and represents fully diluted less than 1% of the total shareholding. The transaction was approved by the TSX Venture Exchange. Read More:......
Analytics Finance Fintech News

FORT Capital Resources Acquires Majority Stake In Malartu

Fintech News Desk
by Fintech News Desk0
The new partnership bolsters the established commercial finance company with industry-leading technology and paves the path to $1B in originations FORT Capital Resources (FORT), an independent commercial finance company in Raleigh, NC, has acquired Malartu, Inc., a data analytics and software firm along with its technology portfolio to further enhance the impact of......
B2B Digital Payments Finance Fintech News

Tipalti Continues Revenue Growth by More Than 80%, Increases Annualized Transactions to More Than $23 Billion

Fintech News Desk
by Fintech News Desk0
B2B fintech unicorn completes first acquisition, hires GM of Mass Pay, continues aggressive employee hiring Tipalti, the leading global payables automation company, grew its revenue by 83% in the first half of 2021 relative to the first half of 2020. Tipalti continued its rapid growth, surpassing $23 billion in annualized......
Digital Finance Fintech News Trading

Emerging Rare NFT Platform – Pastel – Announces $5 Million In Funding

Fintech News Desk
by Fintech News Desk0
The first entirely purpose-built NFT blockchain emerges from stealth  Pastel Network, a first-of-its kind decentralized platform and native blockchain project, announces a seed raise of $5 million led by Innovating Capital and other undisclosed strategic investors. The funding aids in furthering the development of its purpose-built NFT blockchain, launching the......
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