Category : Fintech

Fintech News

True North Financial invests $8 Million in China Rapid Finance

Fintech News Desk
by Fintech News Desk0
China Rapid Finance Limited , one of China’s leading Fintech companies, announced that True North Financial, LLC(“TNF”) will invest $8M in a private transaction for unregistered shares of the company’s stock. On December 24, 2019, TNF purchased 37,985,203 Class A unregistered Ordinary shares, and 3,465,574 Class B unregistered Ordinary shares, based......
Banking Fintech News

FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020

Fintech News Desk
by Fintech News Desk0
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, announced results for its first quarter ended November 30, 2019. First Quarter Fiscal 2020 Highlights Revenues increased 4.3% or $15.0 million to $366.7 million compared with $351.6 million for the same period in fiscal 2019. The increase......
Banking Fintech News

OneConnect Opens Its Joint Venture in Japan

Fintech News Desk
by Fintech News Desk0
OneConnect announced in Tokyo the official opening of SBI OneConnect Japan, a joint venture with Japanese financial service group SBI Holdings, providing cutting-edge cloud-based and AI technological services to regional banks in Japan to help them to achieve digital transformation. It is reported that in March 2019, this joint venture......
Fintech Fintech Funding News

Phoenix Finance Ranked in the “2019 KPMG China Fintech 50”

Fintech News Desk
by Fintech News Desk0
On December 23rd, KPMG officially announced the list of “2019 KPMG China Fintech 50” and held the awards ceremony for “2019 KPMG China Fintech 50” in Beijing. Phoenix Finance, a comprehensive intelligent financial service platform established by Phoenix TV Group for global Chinese, was selected for its development and applying of fintech......
Banking Fintech News

OTI Raises $2.5 Million from Investors

Fintech News Desk
by Fintech News Desk0
On Track Innovations Ltd. , a global provider of near field communication (NFC) and cashless payment solutions, announced that on December 23, 2019, it entered into a share purchase agreement (the “Agreement”) with Jerry L. Ivy, Jr. Descendants’ Trust (“Ivy”) and two other investors who are members of the Company’s......
Banking Fintech News

Sagent Lending Technologies Agrees to Acquire ISGN Corporation

Fintech News Desk
by Fintech News Desk0
Acquisition Will Expand Sagent’s Loan Servicing Solutions Through Continued Technology-Enabled Innovation and Strong Customer Experience Sagent Lending Technologies (“Sagent”), a leading mortgage servicing technology provider, announced a definitive agreement to acquire ISGN Corporation (“ISGN”). The acquisition will expand Sagent’s loan servicing solutions and further demonstrate an ongoing commitment to the......
Fintech News Trading

E*TRADE Named by Glassdoor as One of the Best Places to Work In 2020

Fintech News Desk
by Fintech News Desk0
Based on Employee Feedback, E*TRADE Honored with a Glassdoor Employees’ Choice Award E*TRADE Financial Corporation announced it was recognized as one of the best places to work in 2020 by Glassdoor. E*TRADE was the only online broker recognized within the top 80 companies, placing #78 out of 100 on the list,......
Banking Fintech Fintech Funding News

FinVolution Group’s Subsidiary Receives License as A Technology and Information Based Financial Lending Institution from the Financial Services Authority of Indonesia

Fintech News Desk
by Fintech News Desk0
FinVolution Group , one of the leading fintech platform in China, announced that its subsidiary with an application named “Adakami” in Indonesia, has received a license for Technology and Information Based Financial Lending Institution (peer-to-peer lending license) from the Financial Services Authority of Indonesia (Otoritas Jasa Keuangan, or OJK). Read More: Arcline......
Banking Fintech News

360 Finance Selected in KPMG China’s Top 50 Fintech Companies

Fintech News Desk
by Fintech News Desk0
KPMG China announced top 50 leading companies in Fintech, and 360 Finance, Inc., a leading digital consumer finance platform, awarded one of the top 50 companies of the year. KPMG China Leading 50 Fintech Companies is an authoritative list which is devoted to promote Chinese fintech companies to be researching and learning examples in......
Banking Fintech News

KinerjaPay Corp. Further Details the Future of Its Recently Certified Peer to Peer Lending Platform

Fintech News Desk
by Fintech News Desk0
This Service Is Projected, When Added to Its Present Robust Online Payments, Shopping and Gaming Platform, to Enable the Company to Break Into Profitability in 2020 Kinerja Sukses Gemilang’s is a major achievement for KinerjaPay Corp. The Company successfully passed numerous stress tests of the system by the Indonesian regulator. The......
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