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Financial Institutions Prepare for the Aftermath of the Pandemic
Digital Payments Fintech News

Financial Institutions Prepare for the Aftermath of the Pandemic

Fintech News Desk
by Fintech News Desk0
Institutions to reevaluate, rebuild operational models for remainder of 2021 and into 2022 SRM (Strategic Resource Management), an independent advisory firm serving financial institutions and other key industries, shares commentary on the top trends it has seen impact banks and credit unions so far this year and predictions for what’s......
Klarna Acquires HERO to Bring Best of in-Store Experience to Social Shopping For Its 90m Consumers
E-commerce News

Klarna Acquires HERO to Bring Best of in-Store Experience to Social Shopping For Its 90m Consumers

Fintech News Desk
by Fintech News Desk0
Klarna, a leading global retail bank, payments and shopping service, announces the acquisition of HERO, a social shopping platform designed to provide consumers with inspiration, advice and immediately shoppable content produced directly from retailers’ physical stores. Klarna will introduce HERO to its 250,000 retail partners, allowing their in-store teams to......
OSE Immunotherapeutics Receives a €10 Million Payment Corresponding to the First Tranche of the Financing Granted by the European Investment Bank
Investments News Trading

OSE Immunotherapeutics Receives a €10 Million Payment Corresponding to the First Tranche of the Financing Granted by the European Investment Bank

Fintech News Desk
by Fintech News Desk0
This financing will further support the progress and expansion of OSE Immunotherapeutics’ lead clinical development programs in therapeutic areas with high unmet medical needs. This €10 million payment reinforces the Company’s financial visibility until Q3 2022. OSE Immunotherapeutics announced a €10 million payment corresponding to the first tranche of the......
Sentage Holdings Inc. Announces Pricing of Initial Public Offering
Digital Payments Fintech News

Sentage Holdings Inc. Announces Pricing of Initial Public Offering

Fintech News Desk
by Fintech News Desk0
Sentage Holdings Inc. (the “Company”), a financial service provider that offers a comprehensive range of financial services across consumer loan repayment and collection management, loan recommendation, and prepaid payment network services in China, today announced the pricing of its initial public offering (“Offering”) of 4,000,000 ordinary shares at a public......
Prophecy DeFi Announces Acquisition of 60% of Layer2 Blockchain
Digital Finance Fintech Investments News

Prophecy DeFi Announces Acquisition of 60% of Layer2 Blockchain

Fintech News Desk
by Fintech News Desk0
Prophecy DeFi Inc. is pleased to announce that, further to its press release of June 8, 2021, it has completed the previously announced acquisition of 60% of the issued and outstanding common shares of Layer2 Blockchain Inc. (“Layer2“). As consideration for the Transaction, the Company issued an aggregate of 25,000,000 common shares of......
Mogo Announces Minority Investment in Canada’s First Regulated Custodian for Cryptocurrency Assets
Digital Payments Fintech News

Mogo Announces Minority Investment in Canada’s First Regulated Custodian for Cryptocurrency Assets

Fintech News Desk
by Fintech News Desk0
Coinsquare-backed company Tetra Trust meets growing need for a regulated custody provider in Canada Mogo invested in Tetra Trust alongside strategic investors including Coinbase Ventures, Canadian Securities Exchange and Coinsquare Mogo Inc., a digital payments and financial technology company, announced a new minority investment in Tetra Trust Company (“Tetra Trust”),......
Zip Co Moves into European and Middle Eastern Markets
Finance Fintech News

Zip Co Moves into European and Middle Eastern Markets

Fintech News Desk
by Fintech News Desk0
The buy now pay later (BNPL) service provider continues its global expansion with the acquisition of two more international BNPL companies Sydney-based consumer finance fintech, Zip Co, has announced it will invest more than $160 million to take full ownership of two BNPL companies which it previously owned minority stakes in. As the......
Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1 Billion in Capital
Cryptocurrency Digital Fintech News

Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1 Billion in Capital

Fintech News Desk
by Fintech News Desk0
– Circle to become public via a business combination with Concord Acquisition Corp (NYSE: CND), a publicly-traded special purpose acquisition corporation with $276 million in trust. – The transaction values Circle at $4.5 billion. Upon completion of the transaction, existing Circle shareholders will maintain approximately 86% ownership of the public......
Fintel Connect and American Bankers Association Announce Official Launch of On-Demand Digital Transformation Series
Banking Digital Fintech News

Fintel Connect and American Bankers Association Announce Official Launch of On-Demand Digital Transformation Series

Fintech News Desk
by Fintech News Desk0
Fintel Connect and American Bankers Association Collaboratively Launch First On-Demand Series on Digital Transformation in Banking Featuring Insights from 25 Industry Leaders Fintel Connect, a leading performance marketing technology company in the financial services space, and the American Bankers Association (ABA), the largest trade association for the U.S. banking industry,......
Altruist Expands Model Marketplace, Integrates BlackRock, Redwood Investment Management, and State Street Global Advisors Models
Fintech Investments News

Altruist Expands Model Marketplace, Integrates BlackRock, Redwood Investment Management, and State Street Global Advisors Models

Fintech News Desk
by Fintech News Desk0
– Addition Of Marquee Brands Underscores Altruist’s Commitment To Providing Quality Choices For Independent Advisors – BlackRock’s Target Allocation ESG Now Available As The First Sustainability Models Offered Via Altruist’s Model Marketplace – With Altruist, Independent Advisors Can Open And Fund Accounts, Invest, Manage, Report And Bill All In One......
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