Search Results for: FX
HUB Announces Highly Successful Debt Refinancing and Sizable Increase to Revolving Credit Facility
Transaction increases HUB’s liquidity to fuel acquisitions and strategic initiatives that drive organic growth Hub International Limited (HUB), a leading global insurance brokerage, announced the recent completion of a $6.9 billion debt raise to refinance the company’s $6.4 billion term loan debt that was coming due in 2025, extending the maturity of the......
CoinDesk Indices and Truvius Join Forces to Make Crypto Sector Exposure Available for Direct Investing
Collaboration to deliver pioneering approach for direct investing in crypto sectors CoinDesk Indices, a subsidiary of CoinDesk and the leading provider of digital asset indices by AUM since 2014, announced a collaboration with Truvius, a provider of thematic digital asset portfolios constructed for institutions and individuals that is backed by Galaxy’s venture team,......
ProNvest Rebrands as Future Capital, Empowering Investors with Retirement Solutions and Unwavering Support
Leading WealthTech Platform’s Rebranding Highlights Commitment to Advanced Technology, Customized Solutions, and Personalized Guidance for Long-Term Wealth and Financial Stability ProNvest, a leading WealthTech solution specializing in personalized services for workplace retirement plan participants, has rebranded as Future Capital. This name change reflects the firm’s focus on empowering advisors and......
ESG Sets to Prompt Sustainable Future for Digital Payment Ecosystem, Finds Astra ESG Solutions
Financial institutions and technology vendors have repurposed their strategies on digital payments—more so—on the back of a dip in physical cash. Add to it the technological innovations that have leveraged online banking. Cash may still be the king; electronic payment, however, is giving a run for the money. An exponential rise......
Glia and Illuma Partnership Brings Seamless Voice Authentication to Customer Interactions
Evans Bank and WyHy FCU among first to deploy Illuma Shield™ on Glia Interaction Platform Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automated self-service on a single platform, and Illuma Labs announced a strategic partnership to streamline voice authentication for customer service interactions. By integrating......
SEB to Acquire AirPlus to Create a Leading European Provider in Corporate Payments
SEB Kort Bank AB, a leading corporate payment solutions provider in the Nordics and wholly owned subsidiary of SEB Group, has entered into an agreement with Lufthansa Group to acquire all shares in Lufthansa AirPlus Servicekarten GmbH, a leading provider within corporate payment services. Together, SEB Kort and AirPlus will......
PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables
PayPal expects to allocate approximately $1 billion to incremental share repurchases this year; updated outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023 PayPal Holdings, Inc. and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which......
Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks
Lending as a Service partner and fintech, Propel, will service new Pathward consumer loans Pathward, N.A., a national bank driven by its purpose to power financial inclusion, is adding a new line of credit to open access for credit challenged consumers. While credit options are abundant for some consumers, others......
B2Broker Launches NDFs, Cuts Margin Requirements on Crypto Pairs, and Updates Liquidity Packages
B2Broker, an industry-leading liquidity and technology provider, has added Non-Deliverable Forwards (NDFs) to its existing range of liquidity options. This addition shows the company’s dedication to providing a full range of asset options and top-quality risk management tools to their clients. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief......