Search Results for: infrastructure investments

Citi Develops Blockchain FX Solution under the Monetary Authority of Singapore’s Project Guardian
Banking Fintech News

Citi Develops Blockchain FX Solution under the Monetary Authority of Singapore’s Project Guardian

Business Wire
Citi has developed an innovative application that uses blockchain infrastructure to price and execute bilateral spot foreign-exchange (FX) trades. The application is a part of Project Guardian(i), a collaborative initiative by the Monetary Authority of Singapore (MAS) and the financial industry. While the current phase of the application tested spot......
Reserve Bank of Malawi Grants Flutterwave License to Process International Transactions
Digital Payments News

Reserve Bank of Malawi Grants Flutterwave License to Process International Transactions

PR Newswire
Flutterwave, Africa’s leading payments technology company, has announced that it has obtained official authorization to facilitate international remittances in Malawi. The International Money Transfer Operator (IMTO) license was granted on Thursday, October 19, and will enable the payments company to process remittances from Malawians and other Africans sending money back home. According to......
Pennsylvania American Water Files Rate Request Driven by $1 Billion in Investment
Fintech Investments News

Pennsylvania American Water Files Rate Request Driven by $1 Billion in Investment

Business Wire
Request driven by company’s commitment to providing safe, reliable and affordable water and wastewater service Pennsylvania American Water filed a rate adjustment request today with the Pennsylvania Public Utility Commission reflecting $1 billion in water and wastewater system investments to be made through mid-2025 to continue providing safe and reliable......
Carbonplace's New Strategic Partnerships Provide Transparency and Access in the Global Carbon Market
Artificial Intelligence Fintech News

Carbonplace’s New Strategic Partnerships Provide Transparency and Access in the Global Carbon Market

PR Newswire
Carbonplace, the world’s only bank-led, global carbon credit transaction network, has announced a series of strategic partnerships with Verra, BeZero Carbon, Calyx Global, AlliedOffsets, Treefera, Rubicon Carbon, Viridios AI, and Oka, The Carbon Insurance Company™ (Oka). These partnerships ensure that buyers and sellers of carbon credits will for the first......
Uber Announces Results for Third Quarter 2023
Finance Fintech News

Uber Announces Results for Third Quarter 2023

Business Wire
Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency basis Net income of $221 million; Income from operations of $394 million; Adjusted EBITDA margin at all-time high Operating cash flow of $966 million;......
Global Hydrogen Market Surpasses $150 Billion Mark, Set to Soar at 6.37% CAGR Through 2028
Finance Fintech News

Global Hydrogen Market Surpasses $150 Billion Mark, Set to Soar at 6.37% CAGR Through 2028

Business Wire
The “Global Hydrogen Market: Analysis By Demand, By Production, By Sector, By Source, By Technology, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2028” report has been added to ResearchAndMarkets.com’s offering. The global hydrogen market, which had a value of $156.76 billion in 2022, is anticipated to experience......
VC Funding in Turbulent Times: Attracting Investors with Outsourcing
Finance Fintech Funding News

VC Funding in Turbulent Times: Attracting Investors with Outsourcing

PR Newswire
The era in which founders could traditionally enter a boardroom and emerge with a guaranteed favourable term sheet has come to an end. With Silicon Valley turning to economic austerity earlier this year, startups that could not showcase financial prudence have struggled to secure funding from increasingly frugal investors. Global......
Red Iron Group Announces Strategic Investment in Hiline Services
Investment Services News

Red Iron Group Announces Strategic Investment in Hiline Services

PR Newswire
Leading Provider of Financial Operations-as-a-Service Positioned for Significant Further Growth and Capabilities Expansion Red Iron Group, a Menlo Park-based private investment firm, announced a significant growth investment in hiline Services, LLC (“hiline” or “the Company”), a fast-growing provider of financial operations-as-a-service. Red Iron Group will provide financial, operational and strategic support......
Flexible Solar Leasing Solution “Release by Scatec” Closes USD 102 Million Capital Financing Round
Finance News

Flexible Solar Leasing Solution “Release by Scatec” Closes USD 102 Million Capital Financing Round

GlobeNewswire
Scatec (“Release”) closed the previously announced USD 102 million transaction with Climate Fund Managers (“CFM”). The funds will be used to further accelerate its growth ambitions as a separate platform. Release was established by Scatec ASA (“Scatec”) in 2019 to offer a flexible and mobile leasing solution of pre-assembled and......
Northwestern Mutual Increases its Impact Investing Fund to $175 Million to Support Racial Equity Initiatives
Investment Services News

Northwestern Mutual Increases its Impact Investing Fund to $175 Million to Support Racial Equity Initiatives

PR Newswire
Additional investment provides access to capital and sustainable neighborhoods across the country Company is encouraging actionable plans and measurable change by hosting hundreds of business leaders, academics and industry experts at first-ever Gather Against the Gap event  Northwestern Mutual, a leading financial services company, announced its continued commitment to lessen......
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