Search Results for: capital investment

Exclusive 2020 Holiday Season Data from PingPong Reveals Cross-Border E-Commerce Takeover
Fintech News

Global Unicorn PingPong Payments Marks its Fifth Anniversary

Fintech News Desk
Global payments unicorn, PingPong Payments ($1.1bn), is celebrating five years of innovation and success, as it continues to support fast growth sellers in an emerging e-commerce retail landscape. Securing strong partnerships with reputable brands such as Citibank, J.P. Morgan and Wells Fargo, and winning licenses to operate in the U.S., Europe and Asia,......
HICOOL Global Innovation Competition US Division Launched by Plug and Play China
Artificial Intelligence Fintech Fintech Startups News

HICOOL Global Innovation Competition US Division Launched by Plug and Play China

Fintech News Desk
Plug and Play China is co-hosting the Global Competition with HICOOL and now launch the US division for startups in AI, Fintech, Biotech, Energy, Smart Manufacturing, and 5G. The competition offers $11M in cash prizes plus $140M investment for the top 100 selected startups. Companies will also meet one-on-one with local companies such as......
AllocateRite Announces Hiring of New President and Chief Executive Officer
Fintech Fintech Startups Investment Services News Risk Management

AllocateRite Announces Hiring of New President and Chief Executive Officer

Fintech News Desk
AllocateRite, the New York FinTech and data science company which provides wealth managers and consumers groundbreaking data science-powered risk analytics and investment technology, is excited to announce world class Internet pioneer and technology expert Ted Theocheung has joined AllocateRite as President and Chief Executive Officer to lead our innovative FinTech......
PEF Services Releases White Paper On Investor Transparency As A Differentiator
Fintech Investment Services News

PEF Services Releases White Paper On Investor Transparency As A Differentiator

Fintech News Desk
PEF Services, a leading fund administrator for Alternative Investment Managers, announced the release of a new white paper entitled “Investor Transparency as a Differentiator.”  The report considers how General Partners (GPs) can win the trust of their Limited Partners (LPs) during the downturn and position themselves advantageously for the influx......
Wirecard North America Inc. Pursues Acquisition
Banking Fintech Investment Services News

Wirecard North America Inc. Pursues Acquisition

Fintech News Desk
Wirecard North America Inc., a separate legal and business entity of Wirecard AG with over 20 years in the payments industry, announced that it is seeking acquisition. An investment bank is coordinating the sale process. Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing Wirecard North America is a......
Bill.com Expands Executive Team Adding Tom Clayton as Chief Revenue Officer
Fintech News

Bill.com Set to Join Russell 1000 Index

Fintech News Desk
Bill.com, a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses, is set to join the broad-market Russell 1000 Index at the conclusion of the 2020 Russell indexes annual reconstitution, effective after the US market opens on June 29, 2020 according......
Banking Featured Fintech Fintech Funding

Softbank’s Masayoshi Son Steps Down from Alibaba Group’s Board

Paroma Sen
On Thursday, at the end of Softbank’s general shareholder’s meeting, Masayoshi Son, chief executive of Japanese technology company SoftBank Group Corp. announced that he would be stepping down from the board of Alibaba Group, a well-known Chinese e-commerce giant. Masayoshi Son announced this new change while also emphasizing that this......
Vanguard, Symbiont And Partners Collaborate To Accelerate Digitization Of Currency Forward Market Using Blockchain Technology
Blockchain Business Capital Markets Fintech News

Vanguard, Symbiont And Partners Collaborate To Accelerate Digitization Of Currency Forward Market Using Blockchain Technology

Fintech News Desk
Vanguard, in collaboration with technology provider Symbiont, and in conjunction with Bank of New York Mellon, State Street, and Franklin Templeton, is actively exploring the application of distributed ledger technology (DLT) to foreign-exchange forwards, bringing transparency and workflow efficiencies to the over-the-counter currency market. As part of this pilot, Vanguard has simulated......
Bolster Expands Executive Leadership With Appointment of Young-Sae Song as CMO
Fintech Investment Services News

Eton Solutions Raises $11.1 Million to Extend Cloud-Based Family Office Platform

Fintech News Desk
Eton Solutions, L.P. (Eton), the provider of the cloud-based AtlasFive technology platform for ultra-high net worth wealth management, has closed on an investment round of $11.1 million, bringing total investment in the company and platform to over $20 million. The round was led by existing investors, clients and members of......
PitchBook Releases Analyst Workspaces Providing Unprecedented Access to Analyst Insights and Materials
Capital Markets Fintech Investment Services News

New PitchBook-Collision Venture Investor Survey Uncovers Realities of Investing During COVID-19 Pandemic

Fintech News Desk
Results also examine investor sentiment towards emerging tech, and offer a look at investing in a post-Covid world PitchBook, the premier data provider for private and public equity markets,  released the findings from a new survey conducted in partnership with Collision from Home, a Web Summit event uniting more than......
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