Search Results for: M&A

OTP Group Adopts FICO Originations Solution as Standard Across Europe
Fintech News

OTP Group Adopts FICO Originations Solution as Standard Across Europe

Fintech News Desk
by Fintech News Desk0
Leading Central and Eastern European banking group will improve go to market, risk control and reduce costs with FICO Originations Solution, Powered by FICO Platform Highlights: FICO Originations Solution will allow OTP Group to respond quicker to changing market needs and regulations FICO’s experience with cloud solutions is helping OTP Group......
Beacon Pointe Announces Investment from KKR
Investment Services News

Beacon Pointe Announces Investment from KKR

Fintech News Desk
by Fintech News Desk0
Strategic Partnership to Enhance Growth of Leading Wealth Management Firm and Accelerate M&A Strategy Beacon Pointe, LLC, parent company to Beacon Pointe Advisors, LLC (“Beacon Pointe” or the “Company”) and KKR, a leading global investment firm, announced the signing of a definitive agreement under which KKR will make an investment......
Middlemarch Partners Deepens its Financial Services Focus by Partnering with Convergency Partners
Finance News

Middlemarch Partners Deepens its Financial Services Focus by Partnering with Convergency Partners

Fintech News Desk
by Fintech News Desk0
Merchant banking firm extends its capabilities in Asset Management Middlemarch Partners, a New York-based merchant banking firm, and Convergency Partners, a financial services platform and advisory firm, are pleased to announce they have entered into a strategic partnership. The alignment will bolster each firm’s core competencies related to strategy, operational design, distribution, capital......
Middlemarch Partners Deepens its Financial Services Focus by Partnering with Convergency Partners
Fintech News

Middlemarch Partners Deepens its Financial Services Focus by Partnering with Convergency Partners

Fintech News Desk
by Fintech News Desk0
Merchant banking firm extends its capabilities in Asset Management Middlemarch Partners, a New York-based merchant banking firm, and Convergency Partners, a financial services platform and advisory firm, are pleased to announce they have entered into a strategic partnership. The alignment will bolster each firm’s core competencies related to strategy, operational design, distribution, capital......
Banks Could Increase Annual Revenues by Nearly 4% by Embracing Innovative Business Models of Digital-Only Players, Accenture Report Finds
Banking Fintech News

Banks Could Increase Annual Revenues by Nearly 4% by Embracing Innovative Business Models of Digital-Only Players, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Banks have an opportunity to reap an additional US$518 billion in revenues by 2025 By rethinking their business models and embracing the innovative strategies of digital-only banking and financial services new entrants, traditional banks could boost revenues by nearly 4% annually, resulting in more than half a trillion dollars in......
BrightTower Advises Procurement Spend Management Firm ClearEdge Partners in Sale to Accenture
Banking Investments News

BrightTower Advises Procurement Spend Management Firm ClearEdge Partners in Sale to Accenture

Fintech News Desk
by Fintech News Desk0
Accenture has acquired ClearEdge Partners, Inc., a firm specializing in procurement spend management, to help clients accelerate technology-led business by better managing digital transformation spend. Terms of the transaction were not disclosed. BrightTower, a premier investment banking and M&A advisory services firm, served as the exclusive financial advisor to ClearEdge......
FIS Updates Capital Allocation Strategy
Banking Fintech News

FIS Updates Capital Allocation Strategy

Fintech News Desk
by Fintech News Desk0
Key facts: Prioritizes investments for growth, both organically and through mergers & acquisitions (M&A). Accelerates annual dividend growth rate to 20% per year beginning in 2022 to gradually increase the company’s dividend payout ratio to approximately 35%. Returns excess capital to shareholders through ongoing share repurchase under existing 100 million......
Freeway Insurance Expands Texas Presence with AutoPartners Insurance Acquisition
InsurTech News

Freeway Insurance Expands Texas Presence with AutoPartners Insurance Acquisition

Fintech News Desk
by Fintech News Desk0
Latest Acquisition Grows Freeway Insurance Retail Locations in Texas to 190+ Freeway Insurance, a division of Confie, the largest independent personal lines agency and broker in the U.S., announced it had acquired AutoPartners Insurance Agency, Inc, under the Freeway Insurance brand. As part of the acquisition, Freeway Insurance will retain AutoPartners......
PROG Holdings, Inc. Announces Intention to Purchase up to $425 Million of Common Stock in Modified Dutch Auction Tender Offer
Fintech News

PROG Holdings, Inc. Announces Intention to Purchase up to $425 Million of Common Stock in Modified Dutch Auction Tender Offer

Fintech News Desk
by Fintech News Desk0
Tender offer is part of a $1 billion share repurchase program and Company to purchase shares at an anticipated price between $44.00 and $50.00 per share PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, announced its intention to launch a “modified Dutch......
Surge Battery Metals Announces Network 1 Financial Securities as its Corporate Advisor and Investment Banker
Banking Investments News

Surge Battery Metals Announces Network 1 Financial Securities as its Corporate Advisor and Investment Banker

Fintech News Desk
by Fintech News Desk0
Surge Battery Metals Inc. is pleased to announce that it has entered into a Corporate Advisory and Investment Banking Agreement with Network 1 Financial Securities, Inc. (“Network 1”) effective October 21, 2021.  Network 1 is an experienced and independent, full-service securities firm headquartered out of Red Bank, New Jersey. Network 1 provides......
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