Search Results for: $1 million fund

SimpleLegal Named as a Major Player in IDC MarketScape Reports for Enterprise Legal Management and Matter Management
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SimpleLegal Named as a Major Player in IDC MarketScape Reports for Enterprise Legal Management and Matter Management

Fintech News Desk
by Fintech News Desk0
SimpleLegal, a modern legal operations platform offering spend management and matter management, today announced it has been named a Major Player in two IDC MarketScape Reports: IDC MarketScape: Worldwide Enterprise Legal Spend Management 2020 Vendor Assessment (Doc #US45943920, July 2020) and IDC MarketScape: Worldwide Enterprise Matter Management 2020 Vendor Assessment......
Hanover Bancorp, Inc. and Savoy Bank Announce Strategic Merger Combination to Create a Premier NYC Metro Community Bank
Banking Fintech News

Hanover Bancorp, Inc. and Savoy Bank Announce Strategic Merger Combination to Create a Premier NYC Metro Community Bank

Fintech News Desk
by Fintech News Desk0
Hanover Bancorp, Inc. (“Hanover” or “the Company”), parent company of Hanover Community Bank, and Savoy Bank (“Savoy”) are pleased to jointly announce that Hanover and Savoy have entered into a definitive agreement pursuant to which Savoy Bank will merge into Hanover Community Bank in a stock and cash transaction valued at approximately $63 million. The agreement......
One Touch Video Banking Launches New Release 5.0
Banking Blockchain Cryptocurrency Fintech

Mycelium Partners with BlocPal to Enable Crypto-Fiat Solutions for Next Generation Mycelium Wallet

Fintech News Desk
by Fintech News Desk0
Partner Agreement Includes Cryptocurrency-loaded Mycelium Credit Cards Mycelium, creators of The Default Bitcoin Wallet, have partnered with BlocPal International, a leading global fintech and blockchain technology company, to strengthen their offering of crypto-fiat features in their next generation Mycelium Wallet. The upgraded wallet will provide consumers with more options to use their crypto......
Chinese insurtech firm Waterdrop raises $230M, plans IPO
Fintech InsurTech News

Chinese insurtech firm Waterdrop raises $230M, plans IPO

Fintech News Desk
by Fintech News Desk0
Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss Reinsurance Co. Ltd. and Chinese internet giant Tencent Holdings Ltd., it said on Thursday. Waterdrop’s existing investors, including IDG Capital and Wisdom Choice Global Fund, also participated, it said in a statement.......
Osaka Matsui Management Says With IPO Looming, Jack Ma’s Ant Group Earns $3.5 Billion Profit in Six Months
Fintech News

Osaka Matsui Management Says With IPO Looming, Jack Ma’s Ant Group Earns $3.5 Billion Profit in Six Months

Fintech News Desk
by Fintech News Desk0
Analysts at Japanese financial services company Osaka Matsui Management have said that billionaire Jack Ma-backed Chinese financial-technology juggernaut Ant Group Co. earned an estimated $3.5 billion during a recent six-month period, demonstrating how lucrative the company’s business has been as it moves closer towards a blockbuster initial public offering. Read More: COVID-19......
Artificial Intelligence Fintech News

Sootchy App Aims to Make Debt-Free College a Reality for Every Child by Eliminating Student Loans through 529 Plans

Fintech News Desk
by Fintech News Desk0
First-of-its-kind AI-enabled fintech platform helps avoid a future of student loan debt by leveraging friends and family networks–and tax advantaged 529 accounts Sootchy, a mobile and desktop college savings platform, is launching this fall to help millions avoid crushing student debt through the gifting power of family and friends and......
Banking Fintech News

Real-Time Payments Gaining Traction Among Businesses

Fintech News Desk
by Fintech News Desk0
Survey from Citizens Commercial Banking finds nine out of 10 businesses interested in new payment standard Real-time payments (RTP), the emerging standard in U.S. billing and payment processing, continues to gain traction among businesses with nine out of 10 business leaders reporting interest in the network, according to Citizens Commercial Banking’s......
Fintech

Fig Tech Partners with Upper90 to Lead Digital Transformation of Non-profit Lending Programs

Fintech News Desk
by Fintech News Desk0
Fig, a technology driven Community Development Financial Institution (CDFI), and Upper90, a leading alternative credit provider, are building tailored software solutions for underbanked Americans. Fig’s technologies empower community organizations to reach a significantly larger client base at a fraction of the cost. Early adopters of the platform include the United Way of Greater......
USA Technologies Announces Rebrand to Cantaloupe
Fintech News

USA Technologies Announces New Credit Facility

Fintech News Desk
by Fintech News Desk0
USA Technologies, Inc. a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, announced today that it has entered into a new Credit Agreement with JP Morgan Chase Bank, N.A. The Credit Agreement provides for a $5 million secured revolving credit facility and......
Fenergo Reports Rapid Cloud Adoption in Financial Sector Digital Awakening
Fintech News

AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year

Fintech News Desk
by Fintech News Desk0
Repercussions from high profile scandals and compliance failings hit US, Israeli, Nordic and German banks hardest Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its mid-year findings on global financial institution fines which show that by the end of July 2020, penalties......
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