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Municipality Finance Issues NOK 1 Billion Notes Under its MTN Programme
Finance News

Municipality Finance Issues NOK 1 Billion Notes Under its MTN Programme

GlobeNewswire
Municipality Finance Plc issues NOK 1 billion notes on 18 October 2023. The maturity date of the notes is 18 April 2028. The notes bear interest at a fixed rate of 4.4% per annum. The notes are issued under MuniFin’s EUR 45 billion programme for the issuance of debt instruments.......
Truist Receives $65 Million New Markets Tax Credit Allocation to Support Communities Across the US
Investment Services News

Truist Receives $65 Million New Markets Tax Credit Allocation to Support Communities Across the US

PR Newswire
Truist Financial Corporation announced it has received $65 million in New Markets Tax Credits (NMTC) allocation authority from the U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund. This is the 12th time Truist Community Development Enterprises, a subsidiary of Truist Financial Corporation, has received a NMTC award and the second year in a......
Creative Force Raises $8.9M in Series A Funding to Transform E-Commerce Content Production with Generative AI
Fintech Investments News

Creative Force Raises $8.9M in Series A Funding to Transform E-Commerce Content Production with Generative AI

Business Wire
Creative Force’s end-to-end, creative operations workflow platform streamlines high-quality e-commerce content production at scale and increases efficiency by up to 30%, freeing creatives to spend more time creating Creative Force, the leading end-to-end creative operations workflow platform for e-commerce retailers and brands, today announced it has raised $8.9 million in......
Industry Innovators Launch BlueFlame AI to Help Alternative Investment Managers Harness the Power of Generative AI
Fintech Investment Services News

Industry Innovators Launch BlueFlame AI to Help Alternative Investment Managers Harness the Power of Generative AI

Business Wire
Founders tap decades of experience in the alternatives space to help firms effectively, safely and economically deploy AI solutions BlueFlame AI, the generative AI platform for alternative investment managers, today announced general availability of its transformative platform. Purpose-built to meet the needs of the alternatives industry, BlueFlame helps clients harness......
Is WEB3 Dead - Not According to the Financial Results of This Startup - LootMogul
Fintech News

Is WEB3 Dead – Not According to the Financial Results of This Startup – LootMogul

PR Newswire
Over the last couple of years, WEB3 went through its own hype and bust, especially NFT (Non-Fungible-Token) assets, which had a crazy valuation that is now worth pennies. Most of the assets had no real-world value and/or connection to the real people, brands, physical products, etc. Companies that have survived......
Infosys Highest ever large and mega deal wins with TCV of $7.7 billion lay solid foundation for future
Fintech News

Highest Ever Large and Mega Deal Wins With TCV of $7.7 Billion Lay Solid Foundation for Future

PR Newswire
Q2 growth at 2.3% sequentially with resilient margins of 21.2%. Revenue guidance revised to 1.0%- 2.5% Infosys, a global leader in next-generation digital services and consulting, delivered $4,718 million in Q2 revenues with year-on-year growth of 2.5% and sequential growth of 2.3% in constant currency. Large deal TCV for the quarter was $7.7 billion,......
Banking Featured Finance Technology

What Is Embedded Finance?

Pooja Choudhary
Introduction The global embedded finance market was worth USD 83.32 billion in 2023, and it is expected to be worth USD 622.9 billion by 2032, expanding at a compound annual growth rate (CAGR) of 25.4% between 2023 and 2032. Embedded finance’s rapid growth trajectory has attracted a lot of interest......
Sierra Metals Closes $16.4 million Private Placement
Finance Fintech Investments

Sierra Metals Closes $16.4 million Private Placement

Business Wire
Not for dissemination in the United States or through U.S. newswires All dollars are Canadian unless otherwise noted Sierra Metals Inc. is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) to issue 43,107,360 common shares of the Company (“Common Shares”) at a price of $0.38......
Papaya Global Completes its Unified Payroll and Payments Platform with the Launch of the First Global Direct Deposit
Digital Payments News

Papaya Global Completes its Unified Payroll and Payments Platform with the Launch of the First Global Direct Deposit

PR Newswire
The Workforce Wallet, which enables direct deposit in 12 currencies, and payment in over 160 countries (most of it on same day transactions) is the latest innovation in Papaya Global’s full suite of enterprise-grade solutions for global workforce management, enabling customers to direct deposit payroll payments Papaya Global, the only......
Global Neobank, Zolve Secures $100 Million Warehouse Debt Facility to Expand Financing of US Immigrants
Finance Investment Services News

Global Neobank, Zolve Secures $100 Million Warehouse Debt Facility to Expand Financing of US Immigrants

PR Newswire
Zolve, a cross border neobank helping immigrants across the world gain access to financial services, is proud to announce that it has secured a warehouse debt facility of up $100 million from Community Investment Management (CIM). This milestone marks another significant step forward in Zolve’s mission to ensure the seamless movement of......
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