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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Bank of America Credit and Debit Card Data Shows Continued Growth in Consumer Spending, up 9% year-over-year in May
Digital Payments News

Bank of America Credit and Debit Card Data Shows Continued Growth in Consumer Spending, up 9% year-over-year in May

Fintech News Desk
Despite challenges from higher inflation, households continued to spend at a healthy pace, with spending on services like travel and entertainment continuing to grow The Bank of America Institute released its findings from the latest Consumer Checkpoint, which aims to provide a holistic and real-time estimate of U.S. consumers’ spending......
Alpha Eliminates Remaining Term Loan Balance
Fintech News

Alpha Eliminates Remaining Term Loan Balance

Fintech News Desk
Company Also Provides Updates on Share Repurchase Program and Combined $56.6 Million in Collateral Releases   Alpha Metallurgical Resources, Inc. a leading U.S. supplier of metallurgical products for the steel industry, announced several positive financial updates, including the elimination of its remaining term loan balance. Latest Fintech News: Agrotools Finalizes $21 Million Funding Round......
Solera Appoints New Chief Financial Officer and Chief Medical Officer
Finance News

Solera Appoints New Chief Financial Officer and Chief Medical Officer

Fintech News Desk
These two key executive hires strengthen Solera’s senior leadership team as company continues to transform digital and community-based health with a curated network of evidence-based, consumer-friendly programs addressing the costliest chronic conditions Solera Health, the premier platform for connecting people seamlessly and easily to health solutions that work, announces the appointment......
Vasta announces investment in Educbank
Investments News

Vasta announces investment in Educbank

Fintech News Desk
Vasta Platform Limited announces the execution of a minority investment agreement by its wholly-owned subsidiary, Somos Sistemas de Ensino S.A. (“Somos”), which establishes the terms and conditions for the issuance and the payment of new shares on Educbank Gestão de Pagamentos Educacionais S.A. (“Educbank”). According to the agreement, the investment......
Agrotools Finalizes $21 Million Funding Round with a Focus on Expansion and Acquisitions
Fintech Funding News

Agrotools Finalizes $21 Million Funding Round with a Focus on Expansion and Acquisitions

Fintech News Desk
Offering the largest digital agribusiness platform, this funding will accelerate Agrotools’ expansion of its global business presence and acquisition of talent and as the BigTech leader in the AgTech sector. Agrotools, a leading technology and intelligence company for agribusiness, announced it has raised $21 million USD (BRL 100 million) in......
Pico Launches its Highest Performance Network Analytics with Major Corvil Software Update
Investments News

Visionary Broadband Announces Strategic Investment from GTCR

Fintech News Desk
Partnership to accelerate rollout of fiber broadband across Wyoming, Colorado and Montana Visionary Broadband (“Visionary”, or the “Company”) has received a strategic investment from funds affiliated with GTCR LLC (“GTCR”), a leading private equity firm based in Chicago, Illinois. The transaction will allow Visionary to continue investing in the construction of new fiber networks throughout Wyoming, Colorado and Montana,......
Futu Holdings Achieves Solid First-Quarter Growth Amid Market Volatility with 67.9% YoY Increase in Paying Clients
Investments News

Futu Holdings Achieves Solid First-Quarter Growth Amid Market Volatility with 67.9% YoY Increase in Paying Clients

Fintech News Desk
– Flagship trading apps moomoo and Futubull have acquired 18.1 million global users as of quarter end Moomoo parent company Futu Holdings Limited a leading tech-driven online brokerage and wealth management platform, reported solid performance for the quarter ended March 31, 2022, with US$209.5 million (HK$ 1641.0 million) total revenues, and US$79.4 million (HK$622.2 million) non-GAAP......
Zhong Yang Financial Group Limited Announces Closing of $25,000,000 Initial Public Offering
Finance News

Zhong Yang Financial Group Limited Announces Closing of $25,000,000 Initial Public Offering

Fintech News Desk
 Zhong Yang Financial Group Limited a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today announced the closing of its initial public offering (the “Offering”) of 5,000,000 ordinary shares (the “Ordinary Shares”) at a......
letus Announces Strategic Partnership with MRI Software to Expand Flexible Rent to Commercial and Residential Real Estate
Digital Payments News

letus Announces Strategic Partnership with MRI Software to Expand Flexible Rent to Commercial and Residential Real Estate

Fintech News Desk
Furthering efforts to help renters balance their paychecks and landlords to collect rent on time, letus (previously RentMoola), an award-winning FinTech platform, announces its partnership with MRI Software, a global leader in real estate technology. The partnership enables commercial and residential real estate companies to streamline the payments process and......
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