Global Fintech Interview with Nasser Chanda, CEO at Paymerang
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TrueNorth Joins Forces With Mambu
TrueNorth, a global fintech software development company, today announced a partnership with Mambu, a SaaS banking platform which empowers tech-forward financial institutions to design and service nearly any financial product. This partnership creates a cost-effective way for regional banks, credit unions and community banks to integrate with a leading cloud-native,......
Western Alliance to Acquire AmeriHome, a Leading National B2B Mortgage Acquirer & Servicer
Western Alliance Bancorporation today announced the execution of a definitive agreement to acquire Aris Mortgage Holding Company, LLC, the parent company of AmeriHome Mortgage Company, LLC (“AmeriHome”) for an estimated purchase price of $1.0 billion in cash, subject to adjustments at closing. Read More: DeFi Platform OIN Finance Integrates With......
BlockFi Announces Additional Rewards Program Benefits And Opens Public Waitlist for the BlockFi Bitcoin Rewards Credit Card
Waitlist now open to general public; BlockFi users to receive exclusive benefits BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, today announced that the waitlist to apply for its Bitcoin Rewards Credit Card has opened. Read More: Biggest Fintech Mergers......
JPMorgan Chase Announces Initiatives to Support Minority-Owned and Diverse-Led Financial Institutions
JPMorgan Chase today announced initiatives to further support Minority Depository Institutions (MDIs) and diverse-led Community Development Financial Institutions (CDFIs), as part of the firm’s recently announced $30 billion commitment to advancing racial equity. MDIs and CDFIs provide vital financial services in communities that are often underserved. In order to provide this necessary funding......
VC Investment in Fintech More Than Doubles in Second Half of 2020 – Expected to Remain Strong Into 2021, According to KPMG’s Pulse of Fintech
Global fintech investment was US$105 billion in 2020 – the third highest annual total ever thanks to strong VC investment throughout the year US$71.9 billion in fintech investment (M&A, PE, and VC) in H2’20, compared to US$33.4 billion seen in H1’20 US$42 billion in fintech-focused VC investment makes 2020 second......
Leading Fintech Apex Clearing Holdings to List on NYSE Through Merger With Northern Star Investment Corp. II
Apex Clearing Holdings LLC (“Apex” or the “Company”), the fintech for fintechs powering innovation and the future of digital wealth management, and Northern Star Investment Corp. II (“Northern Star”) (NYSE: NSTB), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement. As......
Ternary Launches Cost Management Tool for Google Cloud Platform (GCP)
Ternary closes its first round of funding and launches to the market with key partnerships including Google Premier Partners, the Google Cloud Marketplace and the FinOps Foundation. Ternary Inc., the first native FinOps Cloud Cost Management (CCM) tool built for Google Cloud Platform (GCP), raises $1.6 Million in initial funding led......
Wells Fargo Invests in Six Black-Owned Bank
Wells Fargo today announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned banks. As part of the capital investment, the banks will have access to a dedicated Wells Fargo relationship team that......
MoneyLion, America’s Leading Digital Financial Platform, to Become Publicly Traded via Merger with Fusion Acquisition Corp.
– MoneyLion Uses the Power of Technology to Empower Hard-Working Americans to Take Control of Their Finances so That They Can Achieve Their Life Goals – – Proprietary FinTech Platform Delivers Comprehensive Suite of Products That Makes It More Engaging to Bank, Borrow, Save, Invest, and Grow – All in......