Search Results for: equity

Pomelo Announces $35 Million Series A, Additional $75 Million Warehouse, Expanding Its Credit-Building Remittance Product
Fintech News

Pomelo Announces $35 Million Series A, Additional $75 Million Warehouse, Expanding Its Credit-Building Remittance Product

PR Newswire
by PR Newswire0
Pomelo, the first consumer fintech to enable international money movement with consumer credit, announced a Series A of $35 million in venture capital and a $75m expansion of its warehouse facility from Vy Capital, Founders Fund, and A* Capital. This brings total funds raised to date to $55m in equity capital and $125m for its warehouse facility. This......
Retail-investing-startup-Midas-raises-$45-million-to-roll-out-crypto,-mutual-fund,-and-savings-account-products
Cryptocurrency Fintech Investments News

Retail investing startup Midas raises $45 million to roll out crypto, mutual fund, and savings account products

PR Newswire
by PR Newswire0
The $45 million fundraise was led by Portage and is one of Turkey’s largest ever Series A rounds New capital will help Midas roll out a host of new product lines including crypto trading, mutual funds, and a savings product, with plans to double its headcount to 400+, and expand into emerging markets Midas hit profitability......
Aurionpro Solutions Acquires arya.ai, to Power Next Generation Enterprise AI Platforms for Financial Institutions
Banking News

Aurionpro Solutions Acquires arya.ai, to Power Next Generation Enterprise AI Platforms for Financial Institutions

PR Newswire
by PR Newswire0
Aurionpro Solutions Limited announces the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable. Aurionpro Solutions Ltd. will acquire a majority stake (67%) in Arya.ai. This acquisition will......
Discover-Financial-Services-Reports-First-Quarter-2024-Net-Income-of-$308-Million-or-$1
Finance Fintech News

Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million or $1.10 Per Diluted Share

Business Wire
by Business Wire0
Board of Directors Declares Quarterly Common Stock Dividend of $0.70 Per Share Discover Financial Services (NYSE: DFS): First Quarter 2024 Results 2024 2023(1) YOY Change Total loans, end of period (in billions) $126.6 $112.7 12% Total revenue net of interest expense (in millions) $4,210 $3,742 13% Total net charge-off rate......
Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock
Digital Payments Fintech News

Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock

PR Newswire
by PR Newswire0
Additionally, a dividend payment was declared on Ally’s 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, of approximately $11.8 million, or $11.75 per share, and is payable to shareholders of record as of April 30, 2024. The board of directors of Ally Financial declared a quarterly cash dividend of $0.30 per......
JPMorgan-Chase-2024-Annual-Meeting-of-Shareholders
Banking Fintech News

JPMorgan Chase 2024 Annual Meeting of Shareholders

Business Wire
by Business Wire0
The meeting will be held virtually. As previously announced, the JPMorgan Chase & Co. annual meeting of shareholders will be held on Tuesday, May 21, 2024 at 10:00 a.m. (Eastern). The meeting will be held virtually. Attending the annual meeting To participate in the virtual meeting, visit http://www.virtualshareholdermeeting.com/JPM2024 and enter the 16-digit......
StockSnips Unveils their first AI-powered ETF: NEWZ, now Trading on Nasdaq
News Trading

StockSnips Unveils their first AI-powered ETF: NEWZ, now Trading on Nasdaq

PR Newswire
by PR Newswire0
The inspiration behind launching NEWZ stems from a commitment to empower investors in navigating the overwhelming surge of information (News Media) via the use of AI. StockSnips., a leader in AI-powered investment strategies, announces the launch of its first ETF, NEWZ, now trading on. StockSnips AI-powered Sentiment US All Cap......
Empower Signs Definitive Agreement to Acquire Petal, and Completes Acquisition of Cashalo, to Accelerate Access to Fair Credit for Underserved Consumers
Lending News

Empower Signs Definitive Agreement to Acquire Petal, and Completes Acquisition of Cashalo, to Accelerate Access to Fair Credit for Underserved Consumers

PR Newswire
by PR Newswire0
Empower enters the U.S. credit card category and the Southeast Asian credit market, poised to revolutionize lending with a smarter, more inclusive approach to underwriting and product innovation. Empower Finance, Inc. has entered into a definitive agreement to acquire Petal, a consumer credit card and financial technology company headquartered in New York,......
Hello Alice Announces Series C Funding Round and Expands Community to 1.5 Million Small Businesses
Fintech News

Hello Alice Announces Series C Funding Round and Expands Community to 1.5 Million Small Businesses

PR Newswire
by PR Newswire0
This new funding will continue to fuel Hello Alice’s expansion of its capital offerings and AI-driven financial health tools for small businesses. Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections and opportunities, announced the close of a Series C funding round with QED Investors, as......
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