Search Results for: investment strategies

Brazilian Fintech RecargaPay Raises $70 Million Series C Round
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Brazilian Fintech RecargaPay Raises $70 Million Series C Round

Fintech News Desk
by Fintech News Desk0
IDC Ventures and Fuel Venture Capital co-led the round RecargaPay, Brazil’s largest payments and mobile money ecosystem, has raised $70 million to further enhance its all-inclusive payment platform, democratizing access to digital financial services for millions of new users. Currently EBITDA positive and with a revenue run rate of over USD$50 million, RecargaPay has raised over $100 million to date.......
Future FinTech Announces Updates of Potential Acquisitions
Blockchain Fintech News

Future FinTech Announces Updates of Potential Acquisitions

Fintech News Desk
by Fintech News Desk0
Future FinTech Group Inc., a leading blockchain e-commerce company and a service provider for financial technology, announced updates as to three potential acquisitions; a delay in its acquisition of 90% of the issued and outstanding shares of Nice Talent Asset Management Limited (“NTAM”), and the termination of the potential acquisitions......
ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses
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ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses

Fintech News Desk
by Fintech News Desk0
ETHA Lend, the chain agnostic yield optimizer powered by Polkadot and Ethereum, raised $1.6 million during their first funding rounds to accelerate yield optimization in DeFi. The investment round was led by AU21 Capital, DFG Group and Privcode Capital, followed shortly by eminent investors including Vector Capital, Chain Capital, PNYX......
Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World's First Bank-Issued Deposit-Based Digital Currency
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Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World’s First Bank-Issued Deposit-Based Digital Currency

Fintech News Desk
by Fintech News Desk0
Toronto-based Stablecorp is partnering with a consortium of highly strategic investors led by Canadian Schedule 1 Bank VersaBank, DV Private Investments, Borderless Capital and a major U.S. Bitcoin financial services firm. These new consortium members will join existing strategic investors 3iQ and Mavennet to launch VCAD and catalyze growth of......
Three Ways To Fight Bank Fraud
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Three Ways To Fight Bank Fraud

Cheryl Chiodi
by Cheryl Chiodi0
The rise in daily fraud attacks on banks and financial institutions has led to some organizations adding additional resources to their financial crime teams, but if they are still using old tools, is throwing more people at the problem the answer? There is no doubt that Know Your Customer (KYC)......
MoneyGram Announces Election of Three New Directors to the Board
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MoneyGram Announces Election of Three New Directors to the Board

Fintech News Desk
by Fintech News Desk0
MoneyGram elects Alka Gupta, Francisco Lorca and Julie E. Silcock, three executives with diverse experience across fintech, global payments, enterprise technology and investment banking industries MoneyGram International, Inc., today announced the election of Alka Gupta, Co-Founder of and current Director at globaliD, Inc., a venture-backed company building a portable and......
European Financial Institutions Estimated To Lose Over €5bn Every Year On Customer Acquisition
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European Financial Institutions Estimated To Lose Over €5bn Every Year On Customer Acquisition

Fintech News Desk
by Fintech News Desk0
Signicat, the Trusted Digital Identity™ company, today revealed new analysis by P.A.ID Strategies that shows financial institutions are wasting at least €5.7 billion every year due to poor customer onboarding and abandonment. Read More:  Tuvalu Embarks On World’s First National Digital Ledger And Infrastructure Project On Bitcoin SV The analysis follows......
Institutional Investors Ramp Up Compliance Budgets For Work From Home
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Institutional Investors Ramp Up Compliance Budgets For Work From Home

Fintech News Desk
by Fintech News Desk0
Almost 70% of buy-side firms plan to increase compliance budgets in 2021, following the unprecedented market upheaval and operational crises triggered by the COVID-19 pandemic. Read More: GlobalFintechSeries Interview with Rohit Arora, CEO at Biz2Credit Compliance systems were tested last year by elevations in conduct risk and oversight blind spots amid......
Portfolio BI Completes the Acquisition of Managed Service Provider Hentsū
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Portfolio BI Completes the Acquisition of Managed Service Provider Hentsū

Fintech News Desk
by Fintech News Desk0
Acquisition will Strengthen and Expand Portfolio BI’s Offering to include FinTech Managed Cloud Services, Data Science, and DevOps Portfolio BI, a leading provider of front-to-back solutions for order management, portfolio management, data management, and reporting for the buy-side, announced it has completed the acquisition of Hentsū, a global provider of......
YCharts Expands Executive Leadership Team to Fuel Continued Rapid Growth
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YCharts Expands Executive Leadership Team to Fuel Continued Rapid Growth

Fintech News Desk
by Fintech News Desk0
YCharts announces the addition of industry veteran Kevin Knull as President and Chief Revenue Officer YCharts, a cloud-based investment analytics and communications platform for RIAs, broker-dealers and asset managers today announced that Kevin Knull will be joining their executive leadership team as President and Chief Revenue Officer (CRO). Read More:......
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