Search Results for: annual revenue

Applied Real Intelligence (“A.R.I.”) Launches Venture Debt Opportunities Fund for Qualified Clients
Fintech Investment Services News

Applied Real Intelligence (“A.R.I.”) Launches Venture Debt Opportunities Fund for Qualified Clients

Business Wire
A.R.I.’s Fund Brings Exclusive Access to Wealth Advisors and Affluent Clients for First Time Applied Real Intelligence LLC (A.R.I.), an investment management company based in Los Angeles, has launched its A.R.I. Venture Debt Opportunities Fund for Qualified Clients in response to significant interest from Registered Investment Advisors (RIAs), wealth advisors,......
AdvicePay Launches Executive Search for a New CEO to Lead the Platform in its Next Phase of Growth
Digital Payments News

AdvicePay Launches Executive Search for a New CEO to Lead the Platform in its Next Phase of Growth

Fintech News Desk
After building out a strong management team, current CEO and co-founder Alan Moore will serve as Executive Chairman of the Board alongside co-founder Michael Kitces and independent Board member Yves-Marc Courtines AdvicePay, the leading platform for processing payments and overseeing compliance of fee-for-service financial planning, announced that the firm has......
Synchrony Commits $100 Million to Grow Minority-Owned Businesses
Finance News

Synchrony Commits $100 Million to Grow Minority-Owned Businesses

Fintech News Desk
Invests in Ariel Alternatives’ Project Black Fund to Scale Minority Businesses Synchrony, a premier consumer financial services company, announced a $100 million commitment in Ariel Alternatives’ Project Black, which aims to scale sustainable minority-owned businesses and position them as leading suppliers to Fortune 500 companies. Project Black is a strategic initiative of Ariel......
what is data science?
Artificial Intelligence Big Data Featured Fintech Primers

What Is Data Science?

Pooja Choudhary
Organizations cannot fully benefit from data without data science, yet there aren’t enough data scientists to go around. But, automation and training are enabling businesses to use data science without having to engage in a talent war. As IoT and cognitive technologies improve, informational indexes get larger and more diverse,......
TraderX Launching Innovative White Label Solutions for Cryptocurrency Exchanges
Cryptocurrency News

TraderX Launching Innovative White Label Solutions for Cryptocurrency Exchanges

Fintech News Desk
In 2020, CoinBase reportedly made $1.3 billion in revenue and had a net income of $322 million while 2021 was even higher at $1.8 billion in revenue and an annual net income of $3624 million. As appetizing as those profits might sound, creating a cryptocurrency exchange can be a costly and complex endeavor, and development costs are one of the main financial barriers to entry that can......
Inxeption Continues Global Acceleration, Exceeding 200 Percent Growth in 2022
Commerce News

Industrial Commerce Startup Inxeption Continues Global Acceleration, Exceeding 200 Percent Growth in 2022

Fintech News Desk
Demand for solar products and energy storage in the Inxeption Marketplace drove annual run rate revenue in Q4 from $220 million to $300 million Inxeption, the leader in Industrial Commerce, achieved more than 200 percent growth while surpassing a $300 million revenue run rate in 2022. During the same period,......
Consumer Optimism Remains Strong Despite Economic Headwinds, Per 2022 Holiday Spending Report From ACI Worldwide
Digital Payments E-commerce News

Consumer Optimism Remains Strong Despite Economic Headwinds, Per 2022 Holiday Spending Report From ACI Worldwide

Fintech News Desk
Annual ACI Holiday Spending Report reveals surge in use of mobile devices, digital wallets and buy now, pay later (BNPL) payment methods during 2022 holiday season, as shoppers sought out cheaper, more convenient alternatives Despite a challenging economic environment, the 2022 holiday shopping season exceeded projections, according to eCommerce intelligence......
Hawk AI Accelerates Global Expansion With $17 Million Series B
Artificial Intelligence News

Hawk AI Accelerates Global Expansion With $17 Million Series B

Fintech News Desk
Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion. The funding round was led by Sands Capital from Washington D.C., with participation from new and existing investors, including......
New FICO and Corinium Report Finds Financial Services Firms Lack Responsible AI Strategies Despite Surging Demand
Artificial Intelligence News

New FICO and Corinium Report Finds Financial Services Firms Lack Responsible AI Strategies Despite Surging Demand

Fintech News Desk
Report surveys 100 banking and financial C-level AI leaders on how they are ensuring AI is used ethically, transparently, securely, and in customers’ best interests Global analytics software platform provider FICO released its third annual State of Responsible AI in Financial Services report, developed in collaboration with market intelligence firm Corinium.......
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