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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.

Populus Financial Group and ACE Cash Express Respond to Baseless Litigation Filed by the Consumer Financial Protection Bureau

ACE, a provider of financial products and services to millions of consumers, has spent more than 50 years serving its customers fairly and transparently, while creating a culture of service and compliance that aligns with the goals of its regulators and its many constituents. In doing so, ACE has built a strong relationship with its customers, who are extremely satisfied with ACE’s products and services. In June of this year, ACE received over 9,600 Google reviews with an average rating of 4.88 out of 5 stars, and ACE’s Net Promoter Score (NPS), a customer loyalty and satisfaction measurement, is currently 65.3, which is substantially higher than the average NPS for the financial services industry.

SingleStore Announces $116Million Financing Led by Goldman Sachs Asset Management

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, announced it has raised $116 million in financing led by the growth equity business within Goldman Sachs Asset Management (Goldman Sachs) with new participation from Sanabil Investments. Current investors Dell Technologies Capital, GV, Hewlett Packard Enterprise (HPE), IBM ventures and Insight Partners, among others, also participated in the round.

Aduro Advisors Announces Acquisition of VMS Fund Administration, Solidifying Its Position as a Leading Venture Capital Fund Administrator

Aduro Advisors, LLC (Aduro), a leading fund administration firm that uses best-in-class proprietary technology to provide services to venture capital and private equity firms, announced today that it has acquired VMS Fund Administration (VMS), a venture capital and private equity fund administrator based in Princeton, NJ. Since its founding in 2000, VMS has built a reputation as a thoughtful, client-focused fund administrator providing accounting, reporting, and fund operation services to a collection of the industry’s top venture firms.

Scott Stephenson Joins Buckle as Chairman of the Board

Buckle, a financial services company serving the gig economy and rising middle class, announced that Scott Stephenson, former chairman, president, and chief executive officer of Verisk, has joined Buckle’s Board of Directors as its chairman as of July 1, 2022. Forbes has recognized Stephenson as one of America’s Most Innovative Leaders and one of the Top 25 Most Innovative Leaders Worldwide.

Tampa Continues to Innovate and Offers Parkers More Ways to Pay With Passport

The City of Tampa, Florida is partnering with transportation software and payments company, Passport, to offer residents and visitors a more convenient way to pay for parking at more than 8,000 on and off-street spaces across the City. The contactless payment application, Passport Parking, allows users to pay for parking seamlessly through their smartphones. The Passport Parking app is free to download from the App Store and Google Play.

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