Search Results for: economy

DPI Raises One of the Largest Africa Funds at US$900m to Invest in Innovation-Led Companies
Fintech Investments News

DPI Raises One of the Largest Africa Funds at US$900m to Invest in Innovation-Led Companies

Fintech News Desk
by Fintech News Desk0
Development Partners International (DPI), a premier investment firm focused on Africa, announced that African Development Partners III Fund (ADP III), has exceeded its US$800 million target, and is set to hold a final close at US$900 million, with an additional US$250m of dedicated co-investment capital. This brings a total of......
Regions Bank Closes on its Acquisition of Home Improvement Lender EnerBank USA
Banking News

Regions Bank Closes on its Acquisition of Home Improvement Lender EnerBank USA

Fintech News Desk
by Fintech News Desk0
Addition of EnerBank accelerates Regions’ strategy to serve as the premier lender to homeowners Regions Bank on Friday announced it has completed its acquisition of home improvement lender EnerBank USA. EnerBank is one of America’s largest point-of-sale lenders serving homeowners and contractors through a series of loan programs and digital solutions that support a......
Snowflake Announces Global Startup Challenge with up to One Million Dollar Investment
Cloud Investments News

Snowflake Announces Global Startup Challenge with up to One Million Dollar Investment

Fintech News Desk
by Fintech News Desk0
Applications built on the Data Cloud by entrepreneurs and early-stage startups around the world will be considered for investment and global marketing exposure Snowflake, the Data Cloud company, announced during its annual BUILD Summit, the next Global Startup Challenge for early stage companies innovating in the Data Cloud. Following the success of the......
Lument Provides $21.9 Million Bridge Loan for Multifamily Community in Jacksonville, Florida
Business Fintech News

Lument Provides $21.9 Million Bridge Loan for Multifamily Community in Jacksonville, Florida

Fintech News Desk
by Fintech News Desk0
Lument has announced the closing of a $21.9 million proprietary bridge loan to acquire and renovate Pinebrook Apartments, a 208-unit garden-style apartment community in Jacksonville, Florida. The deal was led by Owen Breheny, managing director at Lument. The sponsor, Bella Property, LLC, is a repeat client of Lument. Bella Property will fully manage the......
Core10 Acquisition of Accrue Brings Enhanced Talent Management and Digital Banking Resources to the Fintech Industry
Banking Digital Fintech Mobile Banking News

Core10 Acquisition of Accrue Brings Enhanced Talent Management and Digital Banking Resources to the Fintech Industry

Fintech News Desk
by Fintech News Desk0
Building U.S.-based Jobs of the Future in America’s Heartland, Core10 Helps Community Banks Compete with Digital Transformation Core10, a leading Nashville, TN-based provider of API Integration and SaaS implementation services to the fintech and finserv industries, announced today its acquisition of Accrue Technologies, Inc., a St. Louis, MO digital lending......
INX Limited and Intangible Properties Exchange Inc. (IPEX) Announce Exclusive Strategic Partnership Agreement
Blockchain Fintech News

INX Limited and Intangible Properties Exchange Inc. (IPEX) Announce Exclusive Strategic Partnership Agreement

Fintech News Desk
by Fintech News Desk0
 INX Limited (“INX“), the owner of blockchain-based trading platforms for digital securities and cryptocurrencies, and Intangible Properties Exchange Inc. (“IPEX“), the owner of a proprietary intangible asset monetization platform, are pleased to announce entering into an exclusive strategic partnership agreement to list IPEX intellectual property-backed digital securities on the INX Securities......
Alloy Secures $100 Million In Series C Funding Led by Lightspeed Venture Partners, Bringing Valuation to $1.35 Billion
Fintech News

Alloy Secures $100 Million In Series C Funding Led by Lightspeed Venture Partners, Bringing Valuation to $1.35 Billion

Fintech News Desk
by Fintech News Desk0
Series C is Earmarked to Expand Alloy’s Product Offerings, Bringing Full Customer Identity Profile to Fruition Alloy, the leading identity decisioning platform for banks and fintech companies, today announced it has raised $100 million in Series C funding. Lightspeed Venture Partners’ Justin Overdorff led the round with participation from existing investors Canapi Ventures, Bessemer......
PNC Launches Akoya Solution To Increase The Security Of Connections For Consumers To Safely Transact With Financial Apps
Fintech News

PNC Launches Akoya Solution To Increase The Security Of Connections For Consumers To Safely Transact With Financial Apps

Fintech News Desk
by Fintech News Desk0
Solution enhances data security and provides reliability through authorized API connections PNC Bank and Akoya LLC announced the bank’s integration with the Akoya Data Access Network. More than nine million PNC customers are now enabled to securely share their financial data with fintechs and data aggregators with enhanced security through......
Oracle Promotes Responsible Use of AI in Financial Institutions
Fintech News

Oracle Promotes Responsible Use of AI in Financial Institutions

Fintech News Desk
by Fintech News Desk0
New governance capabilities for financial crime and compliance management help banks boost the transparency and fairness of AI models to help address regulatory obligations A recent World Economic Forum survey found that 85% of financial institutions have implemented AI, but some still have concerns about its use. To help financial institutions......
Hanryu Bank, Valued at $460 Million by KPMG
Blockchain Cryptocurrency Fintech News

Hanryu Bank, Valued at $460 Million by KPMG

Fintech News Desk
by Fintech News Desk0
Made a consulting agreement with KPMG, a global accounting consulting firm, for global business expansion Evaluated three business areas such as the Korean-wave platform, ERP, and blockchain Aimed at an IPO on Nasdaq in the first half of 2022 Hanryu Bank, a global Korean wave platform (FANTOO) company, was recognized......
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