Search Results for: global economy

FinTech Automation Named to WealthTech 100 List
Banking Business News

Oxford Bank Provided over $342 Million in PPP Loans for 1,354 Local Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Nearly 20,000 Local Jobs Saved Oxford Bank announced today that it has processed 1,951 loans totaling $342,203,867 under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 20,000 jobs within Southeastern Michigan. The average loan size was approximately $175,400. The PPP, which was......
Shift Technology Secures $220 Million in a Series D Investment Round Led by Advent International
InsurTech News Risk Management

Shift Technology Secures $220 Million in a Series D Investment Round Led by Advent International

Fintech News Desk
by Fintech News Desk0
Shift Technology, a SaaS provider of artificial intelligence (AI)-driven decision automation and optimization solutions for the global insurance industry, today announced the company closed a Series D investment round of $220 million. The round was led by Advent International, through Advent Tech, with participation from Avenir and others. Previous Series C......
Bitso Reaches Unicorn Status and Becomes One of the Most Valuable Fintechs in Latin America
Cryptocurrency Digital Fintech News

Bitso Reaches Unicorn Status and Becomes One of the Most Valuable Fintechs in Latin America

Fintech News Desk
by Fintech News Desk0
Bitso raises a US$250 million Series C from an all-star group of investors including Tiger Global, Coatue, Paradigm, BOND, Valor Capital Group, QED, Pantera Capital, and Kaszek With a US$2.2 billion valuation, Bitso becomes one of the most valuable Fintech companies and the most valuable Crypto Platform in the region......
JazzCash Launches New App for Business Owners
Digital Payments Finance Fintech News

JazzCash Launches New App for Business Owners

Fintech News Desk
by Fintech News Desk0
VEON Ltd., a leading global provider of connectivity and internet services, announces that Pakistan’s pioneering digital financial services provider, JazzCash, has successfully launched a Business App for its expanding merchant base. The JazzCash Business App aims to make digital payments more efficient and seamless for business owners, company managers and home......
CCC Announces Plan To Deliver Enterprise Payments Platform To The P&C Insurance And Automotive Ecosystem
Digital Payments Fintech News

CCC Announces Plan To Deliver Enterprise Payments Platform To The P&C Insurance And Automotive Ecosystem

Fintech News Desk
by Fintech News Desk0
Technology Provider Plans to Expand its CCC® Payments Capabilities to Enable Integrated Digital Payments Between Insurers and Business Partners through Existing CCC Workflows, Reducing Administrative Costs and Cycle Time and Improving Customer Satisfaction CCC Payments Aims to Extend CCC’s Digitization Capabilities from FNOL through Payment CCC Information Services Inc. (CCC),......
Mastercard New Payments Index: Consumer Appetite for Digital Payments Takes Off
Cryptocurrency Digital Digital Payments News

Mastercard New Payments Index: Consumer Appetite for Digital Payments Takes Off

Fintech News Desk
by Fintech News Desk0
93% of consumers are considering emerging payments such as biometrics, digital currencies, and QR code, in addition to contactless, according to the Mastercard New Payments Index Now, nearly 90% of in-person transactions globally take place at a contactless-enabled merchant  As the world went into pandemic lockdown in 2020, consumers shifted......
Leading Social Investing App Invstr Launches Crypto Trading in Partnership with Vast Bank and through the Coinbase Exchange
Cryptocurrency Investments News Trading

Leading Social Investing App Invstr Launches Crypto Trading in Partnership with Vast Bank and through the Coinbase Exchange

Fintech News Desk
by Fintech News Desk0
Financial Education & Investing App Offers Commission-Free Crypto Trading Through a Nationally Regulated Bank, Providing Additional Trust for New Investors in the Crypto Economy Award-winning social investment app Invstr announces the launch of cryptocurrency trading through a new partnership with Vast Bank and leveraging the Coinbase exchange platform for trading. Invstr members in all......
Sovos Acquires Digital Enablement Business of Chile-Based Acepta
Finance Fintech News

Sovos Acquires Digital Enablement Business of Chile-Based Acepta

Fintech News Desk
by Fintech News Desk0
Largest non-U.S. acquisition brings Sovos new capabilities to support tax compliance in digital economies; scales e-invoicing, e-receipt and e-document support for SMBs around the world Global tax software provider Sovos today announced it has acquired the digital enablement business of Chile-based Acepta, one of the region’s leading providers of e-invoicing, e-receipts, e-documents......
Francisco Partners and TPG to Acquire Boomi from Dell Technologies
Digital Investments News

Francisco Partners and TPG to Acquire Boomi from Dell Technologies

Fintech News Desk
by Fintech News Desk0
Transaction will support Boomi’s next phase of growth as iPaaS pioneer Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG Capital, the private equity platform of global alternative asset firm TPG, have entered into a definitive agreement with Dell Technologies (NYSE:DELL) to acquire......
Jackson Financial Names Independent Directors of Future Board
Fintech News

Jackson Financial Names Independent Directors of Future Board

Fintech News Desk
by Fintech News Desk0
Separation from Prudential plc Expected to be Completed in Second Quarter Jackson Financial Inc. announced additional independent directors of its Board of Directors, whose appointments will become effective upon completion of the proposed demerger. The post-demerger Board will be comprised of highly experienced executives with deep insurance, financial services and......
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