Search Results for: capital

Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses
Business Fintech News

Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses

Fintech News Desk
by Fintech News Desk0
Enova International and OnDeck, announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. The implied price of $1.38 per OnDeck share reflects a 43.6% premium to its 90-day volume-weighted average price......
Fintech Fintech Funding News Trading

First Trust Launches the First Trust Multi-Manager Large Growth ETF

Fintech News Desk
by Fintech News Desk0
First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new actively managed ETF, the First Trust Multi-Manager Large Growth ETF (NYSE: MMLG) (the “fund”). The fund seeks to provide long-term capital appreciation by using a multi manager approach......
Fintech Mobile Banking News

Elite Former Snapchat Engineers Launch Meemo – A Social Finance App That Rewards & Informs Based on Your Transaction and Purchase Activity

Fintech News Desk
by Fintech News Desk0
Meemo, the social financial application, is announcing they are emerging from a year-long stealth period in the Bay Area after successfully raising $10MM in funding. Institutional investors include Saama Capital, Greycroft, monashees and Sierra Ventures. In addition, Amit Singhal, Hans Tung of GGV capital, and several serial entrepreneurs including past......
Capital Markets Fintech News

Wells Fargo Names Mike Santomassimo as New Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that Mike Santomassimo will join the company in fall 2020 as Chief Financial Officer. Santomassimo will report to CEO Charlie Scharf and serve on the company’s Operating Committee. He will succeed John Shrewsberry, who has announced plans to retire following a successful......
Cryptocurrency Fintech News

Silvergate Exchange Network Expands to Include ErisX

Fintech News Desk
by Fintech News Desk0
ErisX today announced membership into Silvergate Bank’s Silvergate Exchange Network (SEN) enabling ErisX Exchange and Clearing Members to make nearly instantaneous U.S. Dollar (USD) transfers. By joining SEN, ErisX’s Members have access to the USD payment platform to make withdrawals and deposits 7am to 7pm CT. “ErisX is a bridge......
Blockchain Fintech News

Home Point to Offer Digital HELOC Through Figure

Fintech News Desk
by Fintech News Desk0
Home Point Is the Second Top 25 Mortgage Lender to Begin Originating Digital HELOCs on Provenance Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today announced that another of the nation’s top mortgage lenders and servicers, Home Point Financial, is now offering a......
Mastercard Collaborates With Microsoft to Accelerate Innovation Across Digital Commerce and Startup Ecosystems
Artificial Intelligence Business Fintech News

Mastercard Collaborates With Microsoft to Accelerate Innovation Across Digital Commerce and Startup Ecosystems

Fintech News Desk
by Fintech News Desk0
Collaboration will build pathways to financial security and provide tools for sustainable growth Mastercard and Microsoft Corp. announced a collaboration to shape the future of digital commerce, drive startup innovation and enable financial inclusion. The collaboration will accelerate Mastercard Labs’ cloud native research and development activities, enabled by Azure and......
Unqork and Arachnys Announce Partnership to Modernize Customer Onboarding Processes
Business Fintech News

Deloitte and Unqork Announce Strategic Alliance to Solve Business Challenges with Accelerated No-Code Solutions

Fintech News Desk
by Fintech News Desk0
Unqork, the leading enterprise no-code application platform, announced the formation of a strategic alliance with Deloitte Consulting LLP to deliver system integration services for Unqork’s no-code application platform. Read More: GIACT Donates Identity and Account Verification Services to the Brave of Heart Fund, Supporting Families of Frontline Healthcare Workers and......
ComplyAdvantage Closes US$50M Series C to Fuel Growth and Expansion in Fight Against Financial Crime
Fintech Fintech Funding Investment Services News

ComplyAdvantage Closes US$50M Series C to Fuel Growth and Expansion in Fight Against Financial Crime

Fintech News Desk
by Fintech News Desk0
World Leader in Financial Crime Detection Technology Backed by Funding from Ontario Teachers’ Pension Plan Board, Index Ventures, and Balderton Capital ComplyAdvantage, a global technology company transforming financial crime detection, has announced the close of a US$50 million Series C funding round, bringing the total investment to date to US$88M.......
Thought Machine Announces $125m Series B Funding Round – Driving Continued International and APAC Expansion
Banking Fintech Fintech Funding News

Thought Machine Announces $125m Series B Funding Round – Driving Continued International and APAC Expansion

Fintech News Desk
by Fintech News Desk0
Thought Machine, the cloud native core banking technology firm, with its APAC headquarters in Singapore, marks its entrance into the Asia Pacific market by announcing the signing of an additional $42m in funding for its series B round. This round extension will close in early August and is led by......
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