Search Results for: payment management

KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans
Finance Fintech News

KKR Acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans

Business Wire
The KKR investment directly highlights the strength and scale of our Asset-Based Finance business, which has experienced unprecedented growth alongside the rapid expansion of this market.  KKR, a leading global investment firm, announced today that funds and accounts managed by its credit business have led the purchase of a $7.2......
Visa to Acquire a Majority Interest in Prosa to Accelerate Digital Payments Adoption in Mexico
Digital Finance Fintech News

Visa to Acquire Majority Interest in Prosa

Business Wire
Under the Visa and Prosa agreement, Prosa will continue to operate as an independent company with its own technology infrastructure, while Visa looks to expand Prosa’s product offerings with new digital solutions, as well as share its experience and knowledge managing a global network and set of technology capabilities. The......
TMX Group Announces Agreement to Acquire VettaFi
Fintech News

TMX Group Announces Agreement to Acquire VettaFi

PR Newswire
TMX invests to expand capabilities in data-driven analytics and indexing solutions for a global client base of issuers and advisors, announces analyst webcast and conference call on December 14, 2023 at 8:00am EST to discuss TMX to acquire remaining ~78% of the common units of VettaFi for US$848 million Deal accelerates long-term growth strategy as......
Finance News

Quicken Launches Quicken Classic Business & Personal for Mac

PR Newswire
New offering provides Mac users a comprehensive solution for integrated business and personal financial management Quicken, maker of America’s best-selling personal finance software, launched Quicken Classic Business & Personal for Mac. The new product is the only offering that provides users with the ability to effortlessly track their business finance......
Walton Global Announces $30.9 Million in Distributions to Canadian Investors
Fintech Investments News

Walton Global Announced $30.9 Million in Distributions

Business Wire
Walton Global, a leading asset management and global real estate investment company, is pleased to announce a total of $30.9 million in distributions to investors within the Roll-Up Corporation, WIGI Restructured Bond Corporation, and McConachie Asset Management Corporation. A significant distribution of $26,339,936 was approved on November 16th, 2023, by......
Amidst a Depletion in Consumer Savings and an Increased Reliance on Credit, Credit Sesame Reimagines Credit Simplicity
Artificial Intelligence News

Amidst a Depletion in Consumer Savings and an Increased Reliance on Credit, Credit Sesame Reimagines Credit Simplicity

PR Newswire
With its new creative campaign, “Your Credit, Made Simple,” Credit Sesame unveils fresh ads and tools that empower a new era in credit management. Credit Sesame, a leading financial wellness app, unveils a new creative campaign that spotlights its award-nominated AI-powered platform, Sesame Ring. The promotional assets illustrate how Credit Sesame is......
Teamwork Commerce Delivers Frictionless Omnichannel & POS Capability to Innovasport
Commerce News

Teamwork Commerce Delivers Frictionless Omnichannel & POS Capability to Innovasport

PR Newswire
Teamwork Commerce, a leader in technological solutions for retail, has announced its collaboration with leading sporting goods retailer, Innovasport. Having gone live with its Point of Sale (POS) solution in over 250 Innovasport locations across Mexico, Teamwork Commerce has successfully deployed over 2,000 POS terminals within the retailer’s stores. Innovasport is......
Solvento Secures $50 Million Debt Facility from Lendable & Equity led by Quona Capital To Launch AI Software for Trucking Industry
Fintech News

Solvento Secures $50 Million Debt Facility from Lendable & Equity led by Quona Capital To Launch AI Software for Trucking Industry

PR Newswire
LatAm fintech raises capital and launches Automated Invoice Auditing to solve for supply chain and freight dynamics propelled by nearshoring Solvento, the fintech company that develops payment and credit infrastructure for Latin America’s trucking sector, announced that it has closed a $50M debt facility from Lendable and raised an oversubscribed equity round......
Canapi Ventures Announces $750 Million Fund II to Power the New Financial Services Economy
Fintech News

Canapi Ventures Announces $750 Million Fund II to Power the New Financial Services Economy

PR Newswire
Fund II represents a 15% increase in funds and a near-doubling of the Canapi Alliance from firm’s Fund I Canapi Ventures (“Canapi”), the fintech venture capital fund backed by nearly 70 financial institutions and strategic investors across the United States, announced the raise of a $750 million Fund II. Canapi is backed by......
Wells Fargo Investment Institute Believes 2024 is a Pivotal Year for the Economy and Markets
Fintech News

WIFF Releases ‘2024 Outlook: A Pivotal Year for the Economy and Markets’

Business Wire
Expected snap back from slowing economy likely in back half of next year With Wells Fargo Investment Institute’s (WFII’s) release of its “2024 Outlook: A pivotal year for the economy and markets,” the team offers its highest conviction ideas for investors to consider in the new year. WFII believes the 2024......
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