Search Results for: capital investment

Qontigo Names Ping Jiang as Head of Multi-Asset Solutions, Americas
Fintech News Risk Management

Qontigo Names Ping Jiang as Head of Multi-Asset Solutions, Americas

Fintech News Desk
by Fintech News Desk0
Former Head of Investment Consulting at New York Life Investments Brings Extensive Background in Risk Solutions Qontigo announced the appointment of Ping Jiang as Head of Multi-Asset Solutions for the Americas within the Customer Experience Group, leading the pre-sales and product specialist team dedicated to Qontigo’s risk solutions. Jiang was previously......
Circle and Genesis Form Strategic Partnership to Advance Adoption of USDC in Mainstream Finance
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Circle and Genesis Form Strategic Partnership to Advance Adoption of USDC in Mainstream Finance

Fintech News Desk
by Fintech News Desk0
Circle Internet Financial Ltd, a leading global financial technology firm, and Genesis, a leading digital asset prime brokerage firm, have formed a strategic partnership to accelerate the adoption and acceptance of digital dollar stablecoins in mainstream finance. The partnership includes a $25 million investment of capital into Circle from Digital Currency Group (DCG), the parent company of......
Injective Protocol Raises $2.6M For Decentralized Derivatives Exchange Protocol
Fintech Fintech Funding Investment Services News

Injective Protocol Raises $2.6M For Decentralized Derivatives Exchange Protocol

Fintech News Desk
by Fintech News Desk0
Prominent Institutional Investors Back Decentralized Cryptocurrency Derivatives Exchange Injective Protocol, a fully decentralized derivatives exchange protocol, has raised $2.6 million dollars in a seed funding round led by Pantera Capital with participation from world-renowned institutional investors including QCP’s investment arm QCP Soteria, Axia8 Ventures, and OK’s strategic investment partner K42.......
Banking Blockchain Featured Fintech Fintech Startups

Global Fintech Start-ups and Unicorns Using Blockchain to Redefine the Segment

Fintech News Desk
by Fintech News Desk0
The people in the financial industry who have invested in blockchain development are going to reap a few benefits in the coming years. As more and more users adapt to this new economy, the effects will be larger and more significant. People today want to know all the details of......
Remitly Announces $85 Million Round as Digital Remittances Surge Globally
Fintech Fintech Funding Investment Services News

Remitly Announces $85 Million Round as Digital Remittances Surge Globally

Fintech News Desk
by Fintech News Desk0
Prosus’s PayU Leads Round at $1.5B Valuation(Remitly ) Remitly, the mobile-first provider of remittances and financial services for immigrants, announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The funding will enable Remitly to......
Artificial Intelligence Fintech News

Camino Financial Raises Debt Funding to Support Latinx-and Undocumented-Owned Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
The debt funding forms part of a broader Fintech COVID-19 Response Initiative led by impact investment fund Community Investment Management. Camino Financial, a Fintech that provides affordable loans to small businesses, announced raising debt funding to lend to underserved Latinx- and Undocumented-owned businesses in Colorado.  The debt funding will come......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Banking Mobile Banking News Trading

Niyo Acquires Wealthtech Start-Up Goalwise; Aims To Target Millennials

Fintech News Desk
by Fintech News Desk0
In a bid to expand its product offering to the millennials, Niyo, India-based digital banking fintech start-up, has acquired Goalwise, a new-age mutual funds investment platform. The Covid-19 pandemic has significantly increased the demand for digital banking and related services. Niyo is well-placed to use this opportunity to rapidly expand its user......
Quontic Bank Launches First-Ever Bitcoin Rewards Checking Account
Fintech Investment Services News

Quontic Increases Access to Non-Qualified Mortgages as Countertrend to Pandemic Fiscal Restraints

Fintech News Desk
by Fintech News Desk0
Quontic, the adaptive digital bank, is proud to announce the re-launch of its non-qualified mortgage products (non-QM) for one-to-four family owner-occupied home loans, along with non-QM loans for one-to-four family investors using a non-traditional debt service coverage ratio (DSCR). Quontic’s unique non-QM loans are immediately available through its Wholesale Lending......
Fintech Fintech Funding News Trading

First Trust Launches the First Trust Multi-Manager Large Growth ETF

Fintech News Desk
by Fintech News Desk0
First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new actively managed ETF, the First Trust Multi-Manager Large Growth ETF (NYSE: MMLG) (the “fund”). The fund seeks to provide long-term capital appreciation by using a multi manager approach......
Capital Markets Fintech News

Wells Fargo Names Mike Santomassimo as New Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that Mike Santomassimo will join the company in fall 2020 as Chief Financial Officer. Santomassimo will report to CEO Charlie Scharf and serve on the company’s Operating Committee. He will succeed John Shrewsberry, who has announced plans to retire following a successful......
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