Search Results for: $1 million fund

BrightSphere Investment Group Announces Agreement to Sell Affiliate, Landmark Partners LLC
Investments News

BrightSphere Investment Group Announces Agreement to Sell Affiliate, Landmark Partners LLC

Fintech News Desk
by Fintech News Desk0
BrightSphere and the management team of Landmark Partners LLC have entered into an agreement to sell 100% of the equity interests in Landmark to Ares Management Corporation. BrightSphere to receive approximately $724 million in cash for its 60% ownership interest in Landmark and its co-investment in Landmark funds BrightSphere Investment......
NuBridge Commercial Lending Completes Credit Facility with Cadence Business Finance
Finance News

NuBridge Commercial Lending Completes Credit Facility with Cadence Business Finance

Fintech News Desk
by Fintech News Desk0
NuBridge Commercial Lending LLC, a small-balance commercial bridge lender, announced its completion of a new senior secured revolving credit facility with Cadence Business Finance, a division of Cadence Bank. The initial size of this 36-month committed credit facility is $20 million and is expected to grow to at least $50......
Quisitive Announces Agreement to Acquire BankCard USA
Digital Payments News Risk Management

Quisitive Announces Agreement to Acquire BankCard USA

Fintech News Desk
by Fintech News Desk0
Quisitive Technology Solutions Inc. a premier Microsoft Solutions Provider, is pleased to announce that it has entered into a stock purchase agreement dated March 29, 2021 to acquire BankCard USA Merchant Services, Inc. for US$100 million in cash and the issuance of 50,000,000 common shares in the capital of Quisitive.......
Calamos Investments Makes Strategic Hire Naming Former Citadel Executive Dan Dufresne As Chief Operating Officer
Fintech Investments News

Calamos Investments Makes Strategic Hire Naming Former Citadel Executive Dan Dufresne As Chief Operating Officer

Fintech News Desk
by Fintech News Desk0
As AUM Surpasses $35 billion, Calamos expands leadership team to spearhead further growth Calamos Investments, a leading global asset manager, announced that the firm has hired Dan Dufresne, former executive at Citadel LLC for two decades, as Chief Operating Officer.  The announcement, made by John Koudounis, Calamos President and CEO, follows the......
Circle Launches Comprehensive NFT Platform & Marketplace Payments Solution
Digital Payments Fintech News

Circle Launches Comprehensive NFT Platform & Marketplace Payments Solution

Fintech News Desk
by Fintech News Desk0
Accelerates Mainstream Adoption by Enabling NFT Platforms to Accept Both Traditional and Crypto Payments Circle unveils plans to support BTC and ETH payments, as well as storage, custody and transfer of NFT assets Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, today announced......
Accuracy In Business Transactions More Critical Than Ever, Despite Increased Access To Data
Business News

Accuracy In Business Transactions More Critical Than Ever, Despite Increased Access To Data

Fintech News Desk
by Fintech News Desk0
Profectus celebrates 20 years in business, revealing that managing payment errors continues to be a top priority despite advances in finance systems & ERPs On the eve of its 20th anniversary, Profectus has found accuracy in business transactions remains a significant priority for Australian businesses, despite better access to, and use of,......
Meet the Newest Fintech Unicorn Bezos Expeditions & Whale Rock join Pilot’s Push to Modernize the Back Office
Fintech Investment Services Investments News

Meet the Newest Fintech Unicorn Bezos Expeditions & Whale Rock join Pilot’s Push to Modernize the Back Office

Fintech News Desk
by Fintech News Desk0
Additional investment doubles Pilot’s valuation to $1.2Bn and increases Series C to $100M raised as Pilot rapidly scales “big-company superpowers” for SMBs Pilot, the largest provider of back office services for startups and small businesses in the U.S., announced today that it has closed on additional funding led by Bezos......
Parkland Announces Additional Measures To Further Enhance Financial Flexibility
Banking News

Parkland Announces Additional Measures To Further Enhance Financial Flexibility

Fintech News Desk
by Fintech News Desk0
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Parkland Corporation is pleased to announce an amended syndicated senior secured credit facility agreement (the “Agreement”) and the establishment of an at-the-market (“ATM”) equity program. Parkland also announced today the closing of its previously announced private placement......
Anthemis Expands Leadership Team & Announces New Strategic Advisory Board to Accelerate Transformation of the Financial System
Fintech News

Anthemis Expands Leadership Team & Announces New Strategic Advisory Board to Accelerate Transformation of the Financial System

Fintech News Desk
by Fintech News Desk0
Ten years in, the market-leading global fintech investor assembles financial services and tech industry leaders to guide its next decade of growth Anthemis, a venture investment firm committed to cultivating change in the financial system announced the appointment of two former Barclays executives to leadership positions with Mei Lim to Chief Financial......
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