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Fintech News

MoneyGram Adopts Tax Benefits Preservation Plan to Protect Tax Attributes

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. (NASDAQ: MGI) (“MoneyGram” or the “Company“), a global leader in cross-border P2P payments and money transfers, announced today that its Board of Directors (the “Board“) has adopted a Tax Benefits Preservation Plan (the “Plan“) designed to protect and preserve the Company’s existing U.S. federal net operating loss carryforwards (“NOLs“),......
News

TradeZero America Announces Key Milestones For The First Half Of 2020

Fintech News Desk
by Fintech News Desk0
TradeZero America, a Brooklyn, New York-based online broker dealer that provides commission-free stock and options trading, announced that the company had achieved significant milestones in the first six months of 2020. Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant “Our trading volume has skyrocketed in the......
Zycus' AI-Powered Bots Transforming Accounts Payable Operations Across Industries
Artificial Intelligence Fintech News

Zycus Launches AI-Driven AP Automation Bots to Reduce Your Accounts Payable Costs by 50%

Fintech News Desk
by Fintech News Desk0
Christened ‘Merlin for A.P.’, these artificially intelligent bots are designed to take the drudgery out of accounts payable operations. Zycus, a global leader in A.I. driven Source-to-Pay software solutions, extends its plug-and-play A.I. capabilities to the far end of the procurement cycle, better known as ‘Accounts Payable (A.P.) Operations’. Read......
Quontic Bank Launches First-Ever Bitcoin Rewards Checking Account
Fintech Investment Services News

Quontic Increases Access to Non-Qualified Mortgages as Countertrend to Pandemic Fiscal Restraints

Fintech News Desk
by Fintech News Desk0
Quontic, the adaptive digital bank, is proud to announce the re-launch of its non-qualified mortgage products (non-QM) for one-to-four family owner-occupied home loans, along with non-QM loans for one-to-four family investors using a non-traditional debt service coverage ratio (DSCR). Quontic’s unique non-QM loans are immediately available through its Wholesale Lending......
Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses
Business Fintech News

Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses

Fintech News Desk
by Fintech News Desk0
Enova International and OnDeck, announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. The implied price of $1.38 per OnDeck share reflects a 43.6% premium to its 90-day volume-weighted average price......
Fintech Mobile Banking News

Elite Former Snapchat Engineers Launch Meemo – A Social Finance App That Rewards & Informs Based on Your Transaction and Purchase Activity

Fintech News Desk
by Fintech News Desk0
Meemo, the social financial application, is announcing they are emerging from a year-long stealth period in the Bay Area after successfully raising $10MM in funding. Institutional investors include Saama Capital, Greycroft, monashees and Sierra Ventures. In addition, Amit Singhal, Hans Tung of GGV capital, and several serial entrepreneurs including past......
Banking Investment Services News

William Blair Expands Equity Capital Markets Investment Banking Team, Adding Brian Friedman in Chicago

Fintech News Desk
by Fintech News Desk0
William Blair, the premier global boutique, announced today that it has expanded its Equity Capital Markets investment banking team with the addition of veteran investment banker Brian Friedman. Friedman joins as a managing director in Chicago and will lead the origination and execution of late-stage private placement and crossover financings across all......
Business Fintech InsurTech News

Bits of Stock partners with Button to launch its Stock Back program

Fintech News Desk
by Fintech News Desk0
Users can earn Bits of Stock™ when shopping with leading brands powered by Button’s technology.  Button, the leading mobile commerce platform, today announced its partnership with Bits of Stock, the brand loyalty and investment app, to enable its users to discover in-app brand offers, shop, and earn fractional shares of stock.......
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