Category : Fintech

Fintech News

Deutsche Glasfaser Modernizes Its Network, Speeds Service Deployment with Ekinops

PR Newswire
Ekinops, a leading optical transport and network access specialist, announced the selection of its Ekinops360 optical transport platform by Deutsche Glasfaser in a multi-year contract to modernize and unify its optical transport network infrastructure throughout Germany. Deutsche Glasfaser (DG) is a leading competitive service provider in Germany, serving nearly 1,800 municipalities......
Fintech Investments News

Nanoramic Selected for $47.5 Million DOE Grant

PR Newswire
Nanoramic has been awarded a $47.5 million grant from the United States Department of Energy (DOE) to establish a lithium-ion battery electrode manufacturing plant. This grant, part of the DOE’s Advanced Energy Manufacturing and Recycling Program, will enable Nanoramic to build a plant in Bridgeport, CT. We are excited to announce a pivotal......
Fintech Investments News

Hudson Pacific Raises $189 Million

Business Wire
Hudson Pacific Properties, Inc., a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has divested through two separate transactions a land parcel in Silicon Valley and certain tranches of a loan secured by its Hollywood Media Portfolio for gross proceeds of $189.3 million......
Fintech News

Visa and Oxfam America Announced Intent of Partnership

Business Wire
At COP28, the organizations announced intent to scale the B-READY Project to provide preventative humanitarian assistance in four high-risk locations During the 28th United Nations Climate Change Conference (COP28), Visa (NYSE: V), a global leader in digital payments, and Oxfam America, a part of the global Oxfam organization fighting inequality to......
Fintech Investments News

Clever Carnivore Raised $7 Million Seed Round Funding

Business Wire
Delicious, sustainable, cost-competitive and cruelty-free meat is officially in the works. And early investors in Clever Carnivore will be among the first to see how the sausage gets made. Clever Carnivore, a Chicago biotech startup producing low-cost, top-quality cultivated meat, today announced the successful closing of its $7 million seed......
Fintech Investment Services News

Kinetik Prices $500 Million Sustainability-Linked Senior Notes Offering

Business Wire
Kinetik Holdings Inc. (“Kinetik”) announced that its subsidiary, Kinetik Holdings LP (the “Issuer”), has priced its previously announced offering of $500 million sustainability-linked senior notes due 2028 (the “Senior Notes”). The Senior Notes were priced at par. The Senior Notes mature on December 15, 2028, pay interest at the rate......
Fintech News

Paylocity Announces Acquisition of Trace

GlobeNewswire
Building on its track record of innovation, Paylocity will leverage Trace’s capabilities to extend its platform to include labor planning tools to model, forecast, implement, and analyze headcount decisions Paylocity, a leading provider of cloud-based HR and payroll software solutions, announced the acquisition of TraceHQ.com, Inc. (“Trace”), an innovative solution......
Finance Fintech News

Juniper Research Study: CCaaS to Generate Over $18 Billion

Business Wire
A new study from Juniper Research, the foremost experts in telecommunications market, has found CCaaS (Contact Centre-as-a-Service) subscription services will generate over $18 billion in revenue by 2028; from $7.5 billion this year. The report predicts growing support for inbound communication channels, such as RCS and OTT messaging apps, will drive......
Fintech News

The Law Offices of Frank R. Cruz Announced Investigation of Expensify, Inc.

Business Wire
The Law Offices of Frank R. Cruz announces an investigation of Expensify, Inc. (“Expensify” or the “Company”) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On or around November 11, 2021, Expensify conducted its......
Artificial Intelligence Fintech News

IDC Study: AI Software Market will Grow to $307 Billion

Business Wire
A recent forecast from International Data Corporation (IDC) shows that the worldwide artificial intelligence (AI) software market will grow from $64 billion in 2022 to nearly $251 billion in 2027 at a compound annual growth rate (CAGR) of 31.4%. The forecast for AI-centric software* includes Artificial Intelligence Platforms, AI Applications,......
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