Search Results for: Funds

Airspan-to-Receive-Up-to-$95-Million-in-New-Equity-Financing-and-Eliminate-All-Existing-Funded-Debt
Finance Fintech News

Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt

Business Wire
Airspan has received a commitment from Fortress affiliates for over $53 million in debtor-in-possession financing, which combined with the Company’s cash on hand, is expected to provide sufficient capital during the restructuring process to support Airspan’s operations. Airspan Networks Holdings Inc. (NYSE American: MIMO) (“Airspan” or the “Company”), a provider......
Retail-Bank-Customer-Satisfaction-Holds-Steady-but-Trust-Declines,-J.D.-Power-Finds
Banking Fintech News

Retail Bank Customer Satisfaction Holds Steady but Trust Declines, J.D. Power Finds

Business Wire
This year, 13% of bank customers say they are likely to switch institutions in the next 12 months. U.S. retail bank customers are losing faith in their bank, and customer attrition is a concern. According to the J.D. Power 2024 U.S. Retail Banking Satisfaction StudySM, released today, consumer trust in......
What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One
Cryptocurrency Featured

What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One

Prajakta Ayade
The world of cryptocurrency isn’t new now, but is exciting, baffling, and everything in between. For those new to the crypto space, navigating exchanges – the platforms where you buy and sell digital currencies – can feel like deciphering a foreign language. Since the advent of Bitcoin in 2009, the......
Federal-Home-Loan-Bank-of-Dallas-and-Wells-Fargo-Bank-Award-$750K-to-CC-Housing-for-Senior-Affordable-Housing-Development
Banking Finance News

Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $750K to CC Housing for Senior Affordable Housing Development

Business Wire
FHLB Dallas awarded a $750,000 Affordable Housing Program (AHP) grant through member Wells Fargo to CC Housing to assist with construction. Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Rio Rancho, New Mexico, dignitaries joined CC Housing, a subsidiary of Catholic Charities last week for the......
BNY-Mellon-Alcentra-Global-Credit-Income-2024-Target-Term-Fund,-Inc.-Declares-Monthly-Distribution
Fintech Investments News

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution

Business Wire
The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends. On March 27, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on April 25,......
ValidMind-Secures-$8.1-Million-to-Bring-More-Trust-and-Transparency-to-AI-in-Financial-Services
Artificial Intelligence Fintech News

ValidMind Secures $8.1 Million to Bring More Trust and Transparency to AI in Financial Services

Business Wire
This funding will advance ValidMind’s go-to-market plans and establish it as a long-term partner to its customers in financial services. With this round, ValidMind’s total funds raised are $11.1 million. ValidMind, the leading next-generation AI and model risk management platform for financial services, today announced it has raised $8.1 million......
Across Europe Retail Investor Voting Activity is Growing, According to New Broadridge Whitepaper
Investment Services News

Across Europe Retail Investor Voting Activity is Growing, According to New Broadridge Whitepaper

PR Newswire
Increased retail investor engagement as a result of the evolving market and regulatory framework Global Fintech leader Broadridge Financial Solutions, announced its latest whitepaper on the trends driving the proxy voting and corporate governance activities of retail investors throughout Europe. The whitepaper, The Continued Empowerment of the Retail Shareholder, looks at how ongoing......
Varo Bank Introduces Two New Financial Products
Banking News

Varo Bank Introduces Two New Financial Products

Fintech News Desk
With Varo, Americans find an innovative way to reduce money worries and take control of finances from a bank that has built a fully integrated system to support successful money management instead of encouraging spending and growing debt. Varo Bank, N.A., the first nationally-chartered consumer tech bank in the U.S.,......
Boasting Highest Number of Unicorns in Europe, the U.K. Celebrates Startups with Limited-Time Statue in New York City
Fintech Startups News

Boasting Highest Number of Unicorns in Europe, the U.K. Celebrates Startups with Limited-Time Statue in New York City

Fintech News Desk
The U.K. built world’s third $1 trillion-tech economy, following US and China  GREAT Britain and Northern Ireland campaign (GREAT), the United Kingdom government’s flagship international communications program, today announced the unveiling of The Ever-Changing Statue in New York City, a distinctive, 3D-hologram installation designed to highlight the U.K.’s strengths as the......
Majority of Online Retailers Leave +40% of Chargebacks Undisputed, Contributing to Lost Revenue and Eroding Profits
Digital Payments Finance Fintech

Majority of Online Retailers Leave +40% of Chargebacks Undisputed, Contributing to Lost Revenue and Eroding Profits

Fintech News Desk
The survey reveals significant and avoidable revenue losses for businesses at a time when the economic backdrop continues to be unstable and many are fighting for survival, prompting merchant respondents to highlight the need for AI and automation to improve some or all of the processes. Riskified, a company in......
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