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OTI Raises $2.5 Million from Investors
Banking Fintech News

OTI Raises $2.5 Million from Investors

Fintech News Desk
On Track Innovations Ltd. , a global provider of near field communication (NFC) and cashless payment solutions, announced that on December 23, 2019, it entered into a share purchase agreement (the “Agreement”) with Jerry L. Ivy, Jr. Descendants’ Trust (“Ivy”) and two other investors who are members of the Company’s......
The Paystand Zero Card, the Most Versatile ePayable Ever, Available Today
Banking Fintech News

Paystand and JCB Sign Initial Agreement to Build B2B Payment Solution for $10 Trillion Japanese Market

Fintech News Desk
Blockchain Payment Leader Partners with Japan’s Leading Card Issuer to Offer First End-To-End Digital Payment Platform for Japanese Companies. Paystand, the fastest growing blockchain-enabled commercial payments platform, announced it has entered into an initial agreement with JCB Co., Ltd. to provide the first end-to-end digital payment platform for Japanese enterprises......
Weyland Tech Signs Definitive Agreement to Acquire Push Interactive’s US eCommerce Platform for $25 Million
Business Fintech

Weyland Tech Signs Definitive Agreement to Acquire Push Interactive’s US eCommerce Platform for $25 Million

Fintech News Desk
Weyland Tech, Inc. , a leading global Platform-as-a-Service (PaaS) provider of mCommerce and fintech business enablement solutions, has signed a definitive agreement to acquire the assets and operations of privately-held Push Holdings, a subsidiary of ConversionPoint Technologies (CPT), for $25 million in an all-stock transaction. This definitive agreement follows the......
VendEngine Completes Second Acquisition – Sherrod Computers
Fintech News

VendEngine Completes Second Acquisition – Sherrod Computers

Fintech News Desk
VendEngine, a cloud-based FinTech provider focused on the corrections industry, has acquired software development company, Sherrod Computers. The acquisition marks VendEngine’s second acquisition in less than 18 months. Terms of the cash transaction between the two privately owned companies were not disclosed. Read More: Thales Study: US Financial Institutions Have......
Curve Closes $95m in Equity as it Plans US Launch
Fintech News

UK Fintech Curve Grows Wearables Suite with Garmin, Fitbit, and Sony’s Wena Pay

Fintech News Desk
Curve Makes Paying with Wearables Even More Convenient with All-Your-Cards-In-One Curve, the Over-The-Top banking platform that consolidates multiple cards and accounts into one smart card and app, has vastly expanded its wearables offering by partnering with Garmin, Fitbit and Sony’s Wena pay. Curve’s unique position as an Over-The-Top banking platform,......
Kimbell Royalty Partners, LP Closes Mineral and Royalty Acquisition from Buckhorn Resources
Fintech News Trading

Kimbell Royalty Partners, LP Closes Mineral and Royalty Acquisition from Buckhorn Resources

Fintech News Desk
Kimbell Royalty Partners, LP  (“Kimbell”) announced that it has closed the previously announced purchase of certain oil and natural gas mineral and royalty assets from Buckhorn Resources GP, LLC and certain of its affiliates (collectively, “Buckhorn Resources”) for 2,169,348 newly issued units in Kimbell Royalty Operating, LLC valued at approximately......
Avianca Holdings Completes Its Financial Reprofiling And Secures USD $375 Million In New Financing
Fintech Funding News

Avianca Holdings Completes Its Financial Reprofiling And Secures USD $375 Million In New Financing

Fintech News Desk
Avianca Informed Today That It Has Successfully Reprofiled Substantially All of Its Debt and Lease Obligations, Consistent With the Financing Plan It Laid out in June of This Year United and Kingsland Have Funded Their Previously-Disclosed USD $250 Million Commitment, Investing in Four-Year Senior Secured Term Loans Which Are Mandatorily......
Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years
Fintech News

Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years

Fintech News Desk
After Hitting an 18-Year Low in Q4 2018, Refinance Lending Has Nearly Doubled (+94%) over the past Three Quarters Rate/Term Refinance Lending — Business That Is Typically Easier for Lenders/Servicers to Retain – Is Five Times Where It Was in Q4 2018, Driven by Recent Vintage Borrowers Seeking to Lower......
Discover Recognized As The First Digital Bank To Meet Bank On’s Certification Standards
Banking News

Discover Cardmembers Can Now Access Their Accounts Through Amazon Alexa

Fintech News Desk
Discover announced that cardmembers can access their credit card accounts with the power of their voices through Amazon Alexa. The new Discover skill for Alexa offers customers a convenient and hands-free way to access account information, including their recent transactions, available credit, current balance, rewards category information and payment due......
Henry Ellenbogen's Durable Capital Partners LP Makes First Investment in Fast-Growing Fintech-as-a-Service Provider Rapyd
Investment Services News

Henry Ellenbogen’s Durable Capital Partners LP Makes First Investment in Fast-Growing Fintech-as-a-Service Provider Rapyd

Fintech News Desk
Henry Ellenbogen’s Durable Capital Partners LP Recognizes Rising Demand in Global Markets for Integrated Fintech Solutions Rapyd, a global Fintech-as-a-service provider announced that Durable Capital Partners LP, has made its first investment in Rapyd. This follow-on investment brings the total funding Rapyd has raised to-date to approximately $180 million, including......
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