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First Bancorp Completes Acquisition of GrandSouth Bancorporation
Banking News

First Bancorp Completes Acquisition of GrandSouth Bancorporation

Fintech News Desk
First Bancorp announced the completion of its acquisition of GrandSouth Bancorporation, the parent company of GrandSouth Bank, on January 1, 2023. The merger solidifies First Bank’s position as one of the leading banks headquartered in the Carolinas, with total assets of approximately $12 billion and 118 branches. Mike Mayer, President and CEO......
REM People Raises US$12 Million Investment from Ethos
Investment Services News

REM People Raises US$12 Million Investment from Ethos

Fintech News Desk
Retail analytics company has accessed its first overseas investment from Ethos USA-based project finance and investment company Ethos Asset Management has announced a new partnership with REM People through a US$ 12 million investment. REM People will use these funds to expand their international network to 24 offices and to......
Fintech News

Save Launches The First Esg-focused Savings Program In The U.S.

Fintech News Desk
Save®, a fintech company that helps people earn higher yields on their spending and savings, announced that it has added a new Environmental, Social, and Governance (ESG) portfolio that provides a yield from, amongst other ETFs, the iShares ESG Aware ETFs. Assets in global sustainable funds were at $2.24 trillion at......
B2B Markets News

Grove Announces Refinancing Of Existing Debt, Extending Maturity With Principal Payments Beginning in 2025

Fintech News Desk
Grove Collaborative Holdings, Inc. , a leading sustainable consumer products company and certified B Corp™, today announced that it has entered into a new Loan and Security Agreement (the “Loan Agreement”) providing for a four-year $72.0 million term loan. “This transaction aligns our capital structure to our ongoing improvements to......
Finance Investments News

Mercurity Fintech Invests $5 Million Public Equity

Fintech Staff Writer
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to......
Blockchain Cryptocurrency News

DMG Blockchain Solutions Provides Mining, Petra Updates; COO Makes Open Market Share Purchase

Fintech News Desk
DMG Blockchain Solutions Inc. a vertically integrated blockchain and cryptocurrency technology company, announces it has received the majority of the equipment it has ordered from Bitmain: 785 PH/s of the S19j Pro model and 210 PH/s of S19 XP model enabling nearly 1 EH/s of mining capacity. DMG expects to......
Fintech News Stock Market

NYSE To Suspend Trading Immediately In Warrants Of FinTech Evolution Acquisition Group (FTEV WS) and Commence Delisting Proceedings

Fintech News Desk
The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of FinTech Evolution Acquisition Group (the “Company”), each whole warrant exercisable for one Class A ordinary share— ticker symbol FTEV WS — from the NYSE.......
Cryptocurrency Featured Fintech Primers Markets

Top 5 Bankruptcy Of The Crypto market In 2022

Pooja Choudhary
The hyped domain for 2022 and much talked about the crypto market, there seemed to be no shortage of high-profile bankruptcies and scandals that roiled the crypto sphere. Among all, we shall be highlighting the top 5 implosions of the crypto and give a snapshot as to whether the crypto......
Keyes Coverage Acquires Amsley Insurance and Parkland Insurance Marketing
InsurTech News

Keyes Coverage Acquires Amsley Insurance and Parkland Insurance Marketing

Fintech News Desk
Partnerships expand Keyes Coverage’s geographic reach across Florida Keyes Coverage, an innovative independent insurance agency specializing in providing solutions for complex insurance and risk mitigation needs for businesses and high net worth individuals in Florida, announced the strategic partnerships with Amsley Insurance and Parkland Insurance Marketing. Financial terms of the......
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