Search Results for: capital investment

Amount Announces $81M in Series C Funding Led by Goldman Sachs
Fintech Fintech Funding News

Amount Announces $81M in Series C Funding Led by Goldman Sachs

Fintech News Desk
– Round brings Amount 2020 capital raise to $140M; will help scale sales and marketing while accelerating platform research and development investments Amount, a leading technology provider for financial institutions, announced it has secured an $81 million Series C investment led by Goldman Sachs Growth with participation from existing investors including August......
AssetMark-Brings-CIBC-Private-Wealth-High-Net-Worth-Solution-to-AssetMark-Platform
Business Fintech News

AssetMark Brings CIBC Private Wealth High-Net-Worth Solution To AssetMark Platform

Fintech News Desk
AssetMark (NYSE: AMK) today announced it will offer CIBC Private Wealth investment management services and wealth planning expertise on the AssetMark platform to support financial advisors in serving the complex needs of high-net-worth and ultra-high-net worth clients. Read More:  insightsoftware Announces Intent to Acquire IDL Group CIBC Custom Portfolios offer tailored......
Less than One-Third of Wealth Managers in North America are Scaling AI Across Their Businesses, Accenture Report Finds
Artificial Intelligence Fintech News

Less than One-Third of Wealth Managers in North America are Scaling AI Across Their Businesses, Accenture Report Finds

Fintech News Desk
Most believe AI will transform their industry but are underestimating the long-term value it can create by helping to reimagine the client experience While six in seven North American wealth managers (84%) believe that artificial intelligence (AI) will transform their industry in the next five years, less than one-third (28%)......
Future FinTech Appointed Ming Yi as Chief Financial Officer
Fintech News

Future FinTech Appointed Ming Yi as Chief Financial Officer

Fintech News Desk
Future FinTech Group Inc. (NASDAQ: FTFT) (hereinafter referred to as “Future Fintech”, “FTFT” or “Company” ) a leading blockchain e-commerce company and a service provider for financial technology, today announced it has appointed Mr. Ming Yi as the new Chief Financial Officer (“CFO”) of the Company on November 30, 2020.  Ms. Jing (Veronica) Chen resigned as......
ConnexPay Raises Additional Funding to Propel Adoption of Payments Technology
Fintech Fintech Funding News

ConnexPay Raises Additional Funding to Propel Adoption of Payments Technology

Fintech News Desk
ConnexPay, a payment technology company that enables marketplace businesses to collect and safeguard consumer funds while automating the distribution of payments to suppliers has secured additional funding from existing investors and from new investor F-Prime Capital, the global venture capital firm affiliated with FMR LLC, the parent company of Fidelity......
ConnectOne Bancorp, Inc. Strengthens Executive Leadership Through Key Appointments
Business Fintech News

ConnectOne Bancorp, Inc. Strengthens Executive Leadership Through Key Appointments

Fintech News Desk
ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced three key appointments at the Bank level. Elizabeth Magennis has been elevated to President, Michael O’Malley has been hired as Executive Vice President and Chief Risk Officer, and Siya Vansia has been......
PitchBook Establishes Office in Hong Kong to Support Growing Customer-Base & Accelerate Greater China Data Initiatives
Fintech News

PitchBook Establishes Office in Hong Kong to Support Growing Customer-Base & Accelerate Greater China Data Initiatives

Fintech News Desk
New Office Will Enable 24/5 Support for APAC Clients and Position PitchBook as an Authoritative Research Firm on Greater China VC and PE Investment Activity PitchBook, the premier data provider for the private and public equity markets, announced it has expanded its presence in APAC by establishing an office in......
BBVA Sells U.S. Subsidiary to PNC for $11.6 Billion
Fintech News

BBVA Sells U.S. Subsidiary to PNC for $11.6 Billion

Fintech News Desk
BBVA has agreed to sell to PNC its subsidiary in the U.S. for $11.6 billion (€9.7 billion¹) in cash, an amount that represents 19.7 times the unit’s 2019 earnings², and that is almost 50% of BBVA’s current market capitalization, creating significant value for shareholders. The transaction will have a positive impact on......
Sabadell Will Launch a New Strategy With a Clear Focus on Its Domestic Market
Fintech News

Sabadell Will Launch a New Strategy With a Clear Focus on Its Domestic Market

Fintech News Desk
The new strategic plan will be presented during the first quarter of 2021 The bank is strongly positioned and is on a solid path to increase profitability and generate value organically Banco de Sabadell will launch a new strategy that will prioritise its Spanish domestic business to generate efficiencies using......
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