Search Results for: Cash app

FIS Accelerates Path to Create Two Highly Focused Independent Companies; Announces Agreement for GTCR to Acquire Majority Stake in Worldpay at $18.5 Billion Valuation
Fintech News

FIS Accelerates Path to Create Two Highly Focused Independent Companies

Business Wire
FIS, a global leader in financial services technology, announced an acceleration of its previously announced separation plan to create two highly focused global companies with greater strategic flexibility. FIS has signed a definitive agreement to sell a majority stake in its Worldpay Merchant Solutions business to private equity funds managed......
Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team
Fintech News

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team

Business Wire
Completes initial phase of debt restructuring covering 49 assets financed by Fannie Mae and Ally Bank Fannie Mae agreement will result in approximately $40 million of additional free cash flow over the next three years Conversant Capital, Sonida’s largest shareholder, provides $13.5 million equity commitment, available to Sonida at its......
Principal Joins Industry Consortium to Support Automatic Portability of US Retirement Accounts
Fintech News Security

Principal Joins Industry Consortium to Support Automatic Portability of US Retirement Accounts

Business Wire
Principal Financial Group announced it joined the Portability Services Network, LLC (PSN), a consortium of retirement plan service providers focused on helping America’s under-served and under-saved workers improve their retirement outcomes by making it easier to transfer their workplace retirement accounts when changing employers. Principal is a board member and one......
Printemps Paris integrates Alipay+ solutions to enable seamless digital payment experience for Asian customers
Digital Payments News

Printemps Paris Integrates Alipay+ Solutions To Enable Seamless Digital Payment Experience For Asian Customers

Business Wire
The French luxury department store will be among the first major high-end retailers in France to integrate Alipay+ solutions that connect some of Asia’s most popular e-wallets including South Korea’s Kakao Pay Printemps, the French luxury department store, announced the integration of Alipay+, a suite of global cross-border digital payment......
Fintech company Clair raises $175 million to launch first free, on-demand pay solution powered by FDIC-insured bank, to help front-line workers get paid same day
Banking Fintech News

Fintech Company Clair Raises $175 Million To Launch First Free, On-demand Pay Solution Powered By FDIC

Business Wire
Powered by national banking partner Pathward, N.A., Clair enables companies to offer unique employee benefits, improving financial health amid worker shortage Clair, a mission-driven fintech company, announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an......
COMPASS Pathways Secures Term Loan Facility for Up to $50 Million from Hercules Capital
Fintech News

COMPASS Pathways Secures Term Loan Facility for Up to $50 Million from Hercules Capital

Business Wire
COMPASS Pathways plc, a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, announced that the Company has entered into a term loan agreement with Hercules Capital, for up to $50 million. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development......
Saint Lucia Updates Its Citizenship by Investment Regulations to Remain Competitive in the Investment Migration Industry
B2B Digital Fintech Markets News

Papara, A Turkish Fintech Business, Has Acquired The Spanish Neobank Rebellion.

Purchase of Rebellion Papara, a Turkish financial technology business, has announced the purchase of Rebellion, a Spanish neobank. This strategic decision represents a big step forward for the Istanbul-based corporation in its efforts to extend its footprint in Europe. Neobanks are forward-thinking financial organizations that only function via mobile and......
Tinaba and Ant Group Expand Partnership for Direct Payments in Asia via Alipay+ Solutions
Digital Payments News

Tinaba and Ant Group Expand Partnership for Direct Payments in Asia via Alipay+ Solutions

Business Wire
Tinaba is the first major fintech service provider in Europe to integrate Alipay+ for online and offline payments to accelerate its global expansion Tinaba has signed a groundbreaking partnership deal with Alipay+ to become its latest digital payment partner, allowing its customers direct access to more than 2.5 million Alipay+......
Global Millennial Capital Launches Web3 Investment Program for Pre-Seed to Series A Companies
Digital Asset Management Fintech News

Global Millennial Capital Launches Web3 Investment Program for Pre-Seed to Series A Companies

PR Newswire
The program aims to invest in companies operating in verticals such as data ownership, Web3 privacy tools, NFTs, cryptocurrency platforms, blockchain technology, and DeFi According to McKinsey’s Web3 report, the financial-services industry has primarily adopted some of these nascent digital technologies and assets. At its peak, the daily volume of transactions......
Groupe Touchette Partners with Pivotree to Increase Transactions with New Dynamic B2B Customer Portal
B2B Commerce News

Groupe Touchette Partners with Pivotree to Increase Transactions with New Dynamic B2B Customer Portal

Business Wire
New platform enables a boost in sales and functionality, resulting in streamlined workflows and over 15% increase in transactions to date Pivotree Inc., a leading provider of frictionless commerce solutions and services, announced it achieved another milestone in it’s partnership with Groupe Touchette, one of the largest Canadian-owned tire distributors,......
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