Search Results for: agreement offers

True North Financial invests $8 Million in China Rapid Finance
Fintech News

True North Financial invests $8 Million in China Rapid Finance

Fintech News Desk
China Rapid Finance Limited , one of China’s leading Fintech companies, announced that True North Financial, LLC(“TNF”) will invest $8M in a private transaction for unregistered shares of the company’s stock. On December 24, 2019, TNF purchased 37,985,203 Class A unregistered Ordinary shares, and 3,465,574 Class B unregistered Ordinary shares, based......
Mastercard Acquires RiskRecon to Enhance Cybersecurity Capabilities
Banking Mobile Banking News

Mastercard Acquires RiskRecon to Enhance Cybersecurity Capabilities

Fintech News Desk
Mastercard  announced an agreement to acquire RiskRecon, a leading provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure. In a rapidly evolving digital world, cybercrime is a pertinent threat to business. Large-scale data breaches and ransomware attacks place billions of records at......
FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank
Banking News

FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank

Fintech News Desk
FinVolution Group , a leading fintech platform in China, announced the completion of an equity investment in Fujian Haixia Bank (“FHB”). Pursuant to the share purchase agreement, FinVolution Group has subscribed for 281 million of newly issued shares of FHB which accounted for approximately 4.99% of FHB’s total issued shares......
CIT Serves as Sole Lender on $35 Million Financing for Icelandair
Business Fintech News

CIT Serves as Sole Lender on $35 Million Financing for Icelandair

Fintech News Desk
CIT Group Inc.  announced that its Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. “We were pleased to work with CIT on securing this financing that further strengthens the financial position of Icelandair Group and......
FinTech Disruptor Stride Funding Secures Venture Funding
Fintech Funding News

FinTech Disruptor Stride Funding Secures Venture Funding

Fintech News Desk
Stride Funding Offers Income Share Agreements to Fund Higher Education Award-winning education funding startup, Stride Funding (formerly AlmaPact Inc.), announced it closed its seed equity round of funding led by GSV Ventures along with Slow Ventures, Sinai Ventures, and Strada Education as co-investors. “Human capital is the most valuable asset in our economy. Graduate school is a powerful......
Capital on Tap Partners With Marqeta for Expansion to Spain
Digital Payments Fintech News

Capital on Tap Announces New Partnership With Marqeta, Pairing Industry-Leading Business Credit Card With Best-In-Class Card Issuing Platform

Fintech News Desk
Capital on Tap will turn to Marqeta’s modern card issuing platform to power its card offering, used by UK small businesses to better access capital. Capital on Tap, one of the UK’s fastest growing companies, announced that it is partnering with Marqeta, the leading global modern card issuing platform, to......
1