Search Results for: capital

MoneyGram and PayMaya Introduce Real-Time Payment Solution for Fund Transfer from United States to the Philippines using Visa Direct
Banking Fintech News

MoneyGram Launches Partnership with Al Rajhi Bank to Transform Saudi Arabia Cross-Border Payments Market

Fintech News Desk
by Fintech News Desk0
Alliance provides MoneyGram with the industry’s largest physical and digital network in Saudi Arabia MoneyGram International, a global leader in cross-border P2P payments and money transfers, announced that it has entered into a strategic partnership with Al Rajhi Bank, the largest Islamic bank in the world, and Tahweel Al Rajhi,......
Millennials' Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker
Fintech News

Millennials’ Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
According to the latest Ellie Mae Millennial Tracker, refinance activity hit an all-time high in April 2020, besting the previous mark set in March of this year. The historic refinance surge took place as the average interest rate for millennials reached the lowest point since Ellie Mae began tracking the data in January......
Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank
Capital Markets Fintech Fintech Funding InsurTech Investment Services Mobile Banking News

Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank

Fintech News Desk
by Fintech News Desk0
Mobile banking company Varo Money, announced it has closed a $241 million USD Series D round, co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG, U2 lead singer Bono and Jeff Skoll, a global entrepreneur, impact investor and movie producer. Other new investors joining the round include......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Business Capital Markets Fintech Investment Services News

Appway Announces $37 Million Investment from Summit Partners to Fuel Global Expansion

Fintech News Desk
by Fintech News Desk0
Appway, a leading global provider of business process automation software focused on customer onboarding and customer lifecycle management for financial institutions, today announced a $37 million minority investment from global growth equity firm Summit Partners. This partnership represents Appway’s first external capital raise and will help the company to further......
ForwardLane Makes AI Wealthtech Accessible to RIAs and Broker-Dealers with Bridge Financial Technology Partnership
Capital Markets Fintech News Trading

VirgoX Lists Canadian Dollar Stablecoin QCAD, Aiming to Establish a World Stablecoin Trading Center

Fintech News Desk
by Fintech News Desk0
VirgoX announced that it will be partnering with Toronto based firm Canada Stablecorp to list QCAD, the first major Canadian dollar stablecoin on their exchange. Starting today QCAD will be available to buy, sell and trade on the VirgoX exchange platform. Initially, VirgoX will be offering QCAD as a trading pair to USDT......
Bridge Financial Technology Expands Leadership Team, Names Industry Veteran Christopher Haley as Board Chairman
Artificial Intelligence Capital Markets Fintech News Trading

MySky Secures New Funding to Expand Into the U.S. Market, Welcomes Jean De Looz as Head of Americas

Fintech News Desk
by Fintech News Desk0
Led by GMF Capital, the funding will help bring order to unregulated private aviation on an international scale as MySky enters the North American Market MySky, the only AI-powered spend management platform designed for the private aviation industry, announced the closing of a $5 million capital raise led by GMF Capital, with......
Payment Terms, Shipping and Online Trade Shows on Alibaba.com: Three New Ways U.S. Businesses Are Accelerating Digitalization Amid Pandemic
Business Fintech News

Payment Terms, Shipping and Online Trade Shows on Alibaba.com: Three New Ways U.S. Businesses Are Accelerating Digitalization Amid Pandemic

Fintech News Desk
by Fintech News Desk0
As American small and medium-sized businesses (SMBs) fight through the challenges of COVID-19, Alibaba.com, one of the world’s largest B2B ecommerce marketplaces and a business unit of Alibaba Group unveiled three new products and services to help these businesses advance their efforts to digitize and pivot online. The products and......
Gilded Automates Crypto Billing With Recurring Invoices
Banking Blockchain Capital Markets Cryptocurrency Fintech Fintech Funding News

Avanti Financial Group Closes Funding Round, Positioning It For Bank Charter Application Process

Fintech News Desk
by Fintech News Desk0
Avanti Financial Group, Inc. announced the closing of its angel round of funding, which positions Avanti to achieve required milestones in its process of applying for a bank charter. The round was led by the University of Wyoming Foundation with participation from Morgan Creek Digital, Blockchain Capital, Digital Currency Group, Lemniscap,......
Moody’s Analytics Wins Best Middle-Office Platform at WatersTechnology Asia Awards
Business Fintech News Risk Management

Moody’s Analytics Wins a RegTech Insight Award for Its Liquidity Risk Solution

Fintech News Desk
by Fintech News Desk0
Moody’s Analytics, a global provider of financial intelligence, has won Best Analytics Solution to Address Capital Requirements/Liquidity Risk at the RegTech Insight Awards 2020. Last year, we won the award for Best Vendor Solution for Transactional Reporting (AnaCredit). Read More: GlobalFintechSeries Interview with Patrick Turiano, Director of Marketing at Paysafe Group “We’re pleased......
Tier1 Acquires Compliance and Financial Crime Prevention Software Solution, Alessa
Capital Markets Fintech Investment Services News Trading

Tier1 Financial Solutions Hires Reval Founder Okochi as President

Fintech News Desk
by Fintech News Desk0
Tier1 Financial Solutions (“Tier1”), a leading provider of global relationship management solutions to capital markets, investment banking, and investment management firms, has appointed Jiro Okochi as President, responsible for managing the global operations of the firm. His hire comes at a time of increasing demand for collaboration, compliance, and workflow tools to......
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