Category : Investment Services

Investment Services News

South Africa’s Largest Fund Administrator Goes Live with Temenos

FTS News Desk
Agility and scalability of Temenos platform supports Curo’s large multi-client fund base and rapid pace of product evolution in the investment industry Temenos Multifonds Global Accounting platform enables Curo Fund Services to deliver seamless back office service; Curo is a third-party administrator for 3,000 funds with assets under management in......
Banking Investment Services News

Investor Group Completes Purchase of Georgia Banking Company

FTS News Desk
$180 Million Raised to Fund Growth; New Headquarters Planned for 1776 Peachtree Road in Atlanta An investor group led by Bartow Morgan, Jr., has completed the acquisition of the Georgia Banking Company, following the private placements of $125 million in common equity and $55 million in subordinated debt, it was announced today. The company will......
Artificial Intelligence Investment Services News

Jellysmack Confirms Series C Investment from SoftBank Vision Fund 2 to Drive International Expansion

FTS News Desk
The funding will accelerate the company’s creator-focused technology with expanded AI development, new products and future M&A activity Jellysmack, the global creator company, has raised a Series C investment round from SoftBank Vision Fund 2. The investment was announced today by SoftBank Chairman & CEO Masayoshi Sonduring their Earnings Results Briefing......
Finance Fintech Investment Services Investments News

Biden Tax Proposal Could Boost Tax Master Network’s Core Service

FTS News Desk
Financial Gravity Companies Inc. announced that the corporate tax increase included in President Biden’s $2 trillion infrastructure package, could juice even more demand for their subsidiary Tax Master Network’s tax planning service. “Choosing the right entity structure is a fundamental question for every business owner,” said TMN CEO Edward A. Lyon. “This bill affects......
Fintech Guest Posts Investment Services

State of the Fintech Industry and a Look into 2021

Greg Schultz
It is no secret that 2020 has been a year like no other. The COVID-19 pandemic, economic shutdowns and government stimulus plans have greatly impacted where the financial industry stands today and where it is headed in 2021. While the current situation is not, to borrow a euphemistic medical phrase,......
Fintech Investment Services Investments News

US-based Investment Management Company Selects Cymptom’s Always-on Risk Visibility Solution for Data-Driven Cyber Defense

FTS News Desk
Cymptom, the always-on security analytics company, announced today that a US-based investment management company has installed its always-on risk visibility solution to identify, prioritize and mitigate urgent security gaps and risk. Following a short proof-of-concept, the financial institution’s security team refers to Cymptom’s solution to cover all MITRE ATT&CK framework......
B2B Investment Services News

Two Sigma Impact and Avance Investment Management Acquire Leading B2B E-Commerce Purveyor Wholesale Supplies Plus

FTS News Desk
Investment to support continued growth of an integral procurement partner for personal care artisans Two Sigma Impact, the impact investing business of Two Sigma, and Avance Investment Management (“Avance”), a private equity firm that invests in established lower-middle market services and consumer businesses, today announced they have acquired Wholesale Supplies......
Investment Services Investments News

Strata To Double Headcount In Congruence With Aggressive Growth Plans

FTS News Desk
New hiring primarily for the roles of technology experts and investment managers Eyes fresh recruits from the millennial cohort ranging in the age group of 25-35 years  Strata – India’s leading tech-enabled fractional investment platform in real-estate said that it aims to scale up hiring and double its headcount by......
Banking Investment Services News

Peoples Financial Corporation Announces New Stock Repurchase Program

FTS News Desk
The board of directors of Peoples Financial Corporation, parent of The Peoples Bank, announced its approval to repurchase up to 200,000 additional shares of the Company’s outstanding common stock.  In accordance with the limitations set forth in Rule 10b-18 of the Securities and Exchange Commission and other applicable legal requirements,......
Finance Fintech Investment Services News

EquityNet Launches New Crowdfunding Platform

FTS News Desk
Patented Technology Will Advance the Crowdfunding Industry EquityNet, the pioneer of business crowdfunding, is announcing the release of a new patented crowdfunding platform that advances the state-of-the-art in the industry. The new platform technology provides unique campaign promotion and communication abilities for entrepreneurs combined with the industry’s most advanced screening......