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Fintech News

Schwab Announces the Appointment of Two New Board Members

Fintech News Desk
by Fintech News Desk0
The Charles Schwab Corporation today announced the appointment of two new members to the company’s board of directors. Marianne C. Brown and Gerri K. Martin-Flickinger will join the board as independent directors, effective August 1, 2020. Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync Brown currently serves as a......
Fintech Funding News

EMQ Announces Close of $20M Series B Funding Round

Fintech News Desk
by Fintech News Desk0
EMQ, Asia’s leading financial settlement network, announced the close of a $20 million Series B funding round. The latest round of funding is led by WI Harper Group, with participation from new and existing investors including Abu Dhabi Capital, AppWorks, DG Ventures, Hard Yaka, Intudo Ventures, January Capital, Quest Venture......
Banking News

Ozow – Paving the Way for Open Banking in Africa

Fintech News Desk
by Fintech News Desk0
Adding over 100,000 new users a month in South Africa and Namibia alone, Ozow is now taking steps to bring its payments platform to the rest of Africa and the world. “In a constantly changing global economy, traditionally dominated by large banks since 1472, (something which is unlikely to change......
Citi Upgrades Data Service Platform to Enhance Efficiency for Securities Services Clients
Fintech Funding Investment Services News

Citi Extends Fund Accounting Services to UK Investment Trusts

Fintech News Desk
by Fintech News Desk0
Citi announced that it enhanced its UK fund servicing capabilities to include valuation, accounting, tax computation and filing, and reporting for investment trusts. There are approximately 350 investment trusts in the UK with £186 billion in assets under management1. “Investment trusts are an important vehicle for UK asset managers,” said......
Fintech Investment Services News

Great Hill Partners Adds Experienced Payment Leader as Executive-in-Residence

Fintech News Desk
by Fintech News Desk0
Ian Drysdale Will Focus on Financial Technology, Payments, and Software Investments  Great Hill Partners, a leading growth-oriented private equity firm, today announced that Ian Drysdale has joined as an Executive-in-Residence (“EIR”) to focus on identifying and pursuing investment opportunities in the financial technology, payments, and software sectors. Drysdale brings more than......
Blockchain Cryptocurrency Investment Services News

12 Peers Invests in ShareRing (SHR), Marking the Firm’s First Investment Into the Digital Asset Space

Fintech News Desk
by Fintech News Desk0
The ShareRing management team has successfully executed gig-economy applications for mobility rentals and travel. Their latest venture, the ShareRing app is focused on the fragmented $7 Trillion travel economy and integrates travel documents and itineraries into an all-in-one travel platform. 12 Peers Capital, the Cayman Islands based broker-dealer and capital......
Mobile Banking Trading

Fidelity Launches Fidelity Spire – Free Innovative Mobile App That Helps Young Adults Achieve Their Money Goals

Fintech News Desk
by Fintech News Desk0
Fidelity Helps Keep More Money in Your Pocket: App Referral Bonus on Sign-Up, Plus Simple Subscription-Based Price with Robo Advisor New App Further Differentiates the Industry-Leading Value Fidelity Offers Via Zero Commission Online Trading*, Zero Account Fees, Zero Account Minimums, Zero Investment Minimums, Zero Expense Ratios Index Funds Read More: Celsius......
Cryptocurrency Economy

CoinEx $50M Ecosystem Development Fund Points First Investment as OneSwap

Fintech News Desk
by Fintech News Desk0
CoinEx, a global and professional cryptocurrency exchange service provider, announced today the launch of a $50 million Ecosystem Development Fund to back visionary companies whose products and services will facilitate the development of CoinEx’s ecosystem. Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync In addition to financial support, CoinEx......
First Consumer Fintech in US History Gains Full Regulatory Approval to Become a National Bank
Banking Fintech News

First Consumer Fintech in US History Gains Full Regulatory Approval to Become a National Bank

Fintech News Desk
by Fintech News Desk0
Historic charter award defines a new beginning for digital banking, providing comprehensive services aimed at the 180 million Americans underserved by the traditional system(Fintech ) Varo Money, announced it has been granted its national bank charter from the Office of the Comptroller of the Currency (OCC) and secured regulatory approvals from......
Artificial Intelligence InsurTech News

DropIn Rebrands for AI, Launches New Website

Fintech News Desk
by Fintech News Desk0
Rebrand includes updated dashboard, new AI metrics and redesigned web presence  DropIn, a Los Angeles-based tech company pioneering video insurance claims processing, is excited to announce the next iteration of its brand development. Founded in 2015, the company has evolved from a video streaming partner into an AI-focused, video-enabled surveying platform.......
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