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Fintech News

Open Payments raises 3 MEUR seed funding backed by Industrifonden

Fintech News Desk
by Fintech News Desk0
Sweden FinTech Open Payments has raised a 3 MEUR seed round. Leading the round is Industrifonden, existing investors Brightly Ventures, Luminar Ventures, and angel investors also participated. The capital will be used to continue to grow the team and establish the platform in the Nordic and European market. Read More: AssetMark......
WILLPORTtrust Simplifies Wealth Transfer Using Blockchain Vouchers
Blockchain Fintech Investment Services News

WILLPORTtrust Simplifies Wealth Transfer Using Blockchain Vouchers

Fintech News Desk
by Fintech News Desk0
Investment vouchers help wealth advisors reach the next generation of investors WILLPORTtrust is rolling out a line of blockchain vouchers to provide wealth advisors a new way of reaching upcoming generations of their clients by providing investment assistance to their beneficiaries. Read More: Westpac Group sells Strategic Alliances (“Vendor Finance”) business......
The FinTech Sector Will Lead M&A Activity Out of the Doldrums, and This Is Why …   
Fintech Fintech Funding Guest Posts InsurTech Investment Services

The FinTech Sector Will Lead M&A Activity Out of the Doldrums, and This Is Why …   

Nicky Cotter
by Nicky Cotter0
Seven months into a global pandemic, the harsh lessons learned are creating a sweet spot for FinTech companies and start-ups and an expected uptick in deals involving US tech giants. And while lagging 2019 levels, we’ve seen US-based deal activity rise 3% in 2020. On the M&A side we saw big acquisitions with FIS acquiring Worldpay for $35Bn and Fiserv acquiring First......
Citi Names Elissar Farah Antonios as the first woman to run its MENA Operations
Banking Capital Markets Fintech Investment Services News Trading

Citi Launches Direct Custody and Clearing Services in Finland

Fintech News Desk
by Fintech News Desk0
Launch expands Citi’s proprietary custody network to cover all Nordic countries and to become the only international bank to offer a pan-Nordic service. Citi will begin offering Direct Custody & Clearing (DCC) services in Finland, starting in August. This new offering expands Citi’s proprietary DCC network to cover the whole......
Clearwater Analytics Announces New Investment From Leading Growth Investors Permira, Warburg Pincus, Dragoneer and Durable Capital
Banking Fintech News

Alphonse Valbrune Joins Clearwater as Chief Legal Officer

Fintech News Desk
by Fintech News Desk0
Clearwater Analytics announced today that Alphonse Valbrune has joined the company as Chief Legal Officer. Clearwater is the leading SaaS solution for investment data aggregation, reconciliation, accounting, and reporting. Clearwater reports on more than $4 trillion in investments daily for many of the world’s largest insurers, investment managers, corporations, pension......
Mercurity Fintech Holding Inc. Announced Appointment of Independent Director
Fintech News

Mercurity Fintech Holding Inc. Announces Appointment of Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Mercurity Fintech Holding Inc. today announced that Mr. Erez Simha has been appointed as chief financial officer of the Company, effective August 24, 2020. Concurrently, Mr. Frank Zhigang Zhao has resigned as the chief financial officer of the Company for personal reasons. Read More: HSBC Bank Launches Digital Application Experience for International Clients Mr. Erez Simha brings to the......
Hong Kong SFC Issues Approval-in-Principle to OSL for Virtual Asset Automated Trading and Brokerage Licenses
Fintech News Trading

Hong Kong SFC Issues Approval-in-Principle to OSL for Virtual Asset Automated Trading and Brokerage Licenses

Fintech News Desk
by Fintech News Desk0
OSL, Asia’s leading digital asset platform and member of BC Technology  Group (stock code: 863 HK), today received an approval-in-principle for its application to operate a virtual asset trading platform under a license for Type 1 (dealing in securities) and Type 7 (automated trading service (ATS)) regulated activities under the Securities and......
Fintech News

OTC Markets Group Welcomes AAC Clyde Space AB to OTCQX

Fintech News Desk
by Fintech News Desk0
OTC Markets Group Inc., operator of financial markets for 10,000 U.S. and global securities, today announced AAC Clyde Space AB (Nasdaq First North Premier Growth Market: AAC;OTCQX: ACCMF), a company specializing in advanced nanosatellite spacecraft, mission services, and reliable subsystems, has qualified to trade on the OTCQX® Best Market. Read......
Why Should You Choose Alternative Investments for Your Portfolio?
Fintech Fintech Funding Guest Posts Investment Services

Why Should You Choose Alternative Investments for Your Portfolio?

Asheesh Chanda
by Asheesh Chanda0
Alternative investments are financial assets that are different from conventional investment vehicles like cash, bonds and stocks. These include private equity, hedge funds, managed futures and infrastructure investments among many others. Our advisors are often asked if alternatives are a good choice, and why should one invest in these asset......
Business News

Christoph Knaack Joins Preqin as Chief Strategy Officer

Fintech News Desk
by Fintech News Desk0
Preqin, the alternative assets industry’s foremost provider of data, tools, and analytics, is pleased to welcome Christoph Knaack as its Chief Strategy Officer. As the first person to fulfil this role for the organization, Christoph will oversee Preqin’s corporate strategy and business development, as well as sit on its Executive......
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