Fintech News

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.

Amazon Announces App Integration for Merchants to Enable Buy with Prime on Shopify Stores

Amazon announced the Buy with Prime app for Shopify, a new app integration that makes it easy for merchants to offer Buy with Prime on Shopify stores. The Buy with Prime app for Shopify gives Prime members the option to select Buy with Prime on a product’s detail page before completing their order within Shopify’s Checkout.

TeleVet Announces $43 Million Series B on the Heels of Record Growth, Rebrands as Otto

Otto, the leading customer engagement platform for veterinary clinics, announced a $43 million Series B round of equity financing. Existing investors Mercury Fund and Boehringer Ingelheim were joined by new investor Hill’s Pet Nutrition in the round. As part of the transaction, Heath Butler, Venture Partner at Mercury Fund, will join Otto’s Board of Directors, and Nicki Baty, President and General Manager of Hill’s Pet Nutrition US, will join as a Board Observer.

Michigan State University Federal Credit Union Announces Agreement to Acquire Algonquin State Bank

Michigan State University Federal Credit Union (MSUFCU) has entered into a definitive purchase and assumption agreement with Algonquin, IL based Algonquin State Bank and its parent holding company, First Algonquin Company. Pursuant to the definitive agreement, MSUFCU will purchase substantially all assets and assume substantially all liabilities of Algonquin State Bank.

ZeroPay Introduces Alipay+ at 1.7 Million Merchants in South Korea, Promoting Convenient Experience for Asian Tourists

Korea Easy Payment Foundation, the official operator of ZeroPay, announced the introduction of Alipay+ global cross-border digital payments and marketing solutions at over 1.7 million merchants across South Korea, in a move to further ensure a smooth and convenient experience for Asian tourists.

Levine Leichtman Capital Partners Portfolio Company Global Loan Agency Services To Acquire Pristine

Global Loan Agency Services (“GLAS”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced that it has signed an agreement to acquire Pristine SAS (“Pristine”). Headquartered in London, UK with offices in France, Germany, the United States, and Australia, GLAS is a leading provider of loan administration, agency, and trustee services globally.

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