Search Results for: acquisitions

Star Mountain Closes Lending Fund IV Above Target
Fintech Investments News

Star Mountain Closes Lending Fund IV Above Target

Business Wire
Star Mountain Capital, a private credit and secondaries specialist investment firm focused on delivering systematic alpha and uncorrelated market returns from the harder to access U.S. lower middle-market, announced it closed its direct lending Fund IV above its $750 million LP capital target at approximately $1.2 billion (committed capital including......
B2B Featured Fintech Fintech Primers

What Is A Fintech Partnership?

Pooja Choudhary
Introduction- Collaboration for Innovation? Businesses that work together reap benefits from the partnership. In 2017, HSBC formed a partnership with Tradeshift, one of the largest business transaction platforms in the world, and this is exactly what happened. 75% of banks said they will work with at least three fintechs during......
Cinnamon Wealth Catalysing Financial Freedom for Women's Empowerment in Personal Finance
Finance News

Cinnamon Wealth: Catalysing Financial Freedom for Women’s Empowerment in Personal Finance

PR Newswire
Offering Inclusive Financial Services and Advocating for Women’s Active Role in Wealth Management Women play a crucial role in binding a family together. Cinnamon Wealth advocates for Women’s active involvement in shaping their family’s financial decisions, recognising that they are both contributors and beneficiaries of the family’s wealth. The company was founded......
Artificial Intelligence to Dominate Financial Innovation
Artificial Intelligence Guest Posts

Artificial Intelligence Sets Up to Dominate Financial Innovation

Abid Ali
AI is already taking the mainstream markets by storm. It is, however, poised to revolutionise digital finance in profound ways. It will be the driving force behind a host of transformative changes, from enhancing customer experiences to improving operational efficiency and risk management. AI-powered chatbots and virtual financial assistants will......
Synchrony Partners with Big Brand Tire & Service to Offer Shoppers More Accessible Financing Options
Fintech News

Synchrony Partners with Big Brand Tire & Service to Offer Shoppers More Accessible Financing Options

PR Newswire
As a Member of Synchrony’s Car Care Network, the Leading Tire and Auto Repair Provider Offers Finance Options that Make Payments More Affordable Synchrony, a premier consumer financial services company, announced that Big Brand Tire & Service has joined the Synchrony Car Care network. This new partnership enables Big Brand Tire & Service customers......
Uber Announces Results for Third Quarter 2023
Finance Fintech News

Uber Announces Results for Third Quarter 2023

Business Wire
Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency basis Net income of $221 million; Income from operations of $394 million; Adjusted EBITDA margin at all-time high Operating cash flow of $966 million;......
PSG Equity Holds Final Close of Second European Fund at more than €2.6 Billion
Fintech News

PSG Equity Holds Final Close of Second European Fund at more than €2.6 Billion

Business Wire
Commitments to second fund significantly exceed size of PSG Europe I, following strong demand from both new and existing limited partners Ongoing digitalization of the economy combined with fragmented nature of the European market continues to present significant investment opportunities in the software sector PSG has one of the largest......
Snap-on Raises Dividend 14.8%
Finance Fintech News

Snap-on Raises Dividend 14.8%

Business Wire
Quarterly Dividend Increases to $1.86 per Share Snap-on Incorporated announced that its Board of Directors has declared a quarterly common stock dividend of $1.86 per share payable December 11, 2023, to shareholders of record at the close of business on November 21, 2023. This represents an increase of $0.24 per......
MMGY Global Announces New Investment by EagleTree Capital
Investment Services News

MMGY Global Announces New Investment by EagleTree Capital

PR Newswire
Investment to propel the travel marketing and communications leader’s global growth strategy MMGY Global, a leading integrated marketing firm specializing in travel, tourism and hospitality, announced that investment funds managed by private equity firm EagleTree Capital have acquired the company from previous partner Peninsula Capital Partners LLC and other shareholders,......
Red Iron Group Announces Strategic Investment in Hiline Services
Investment Services News

Red Iron Group Announces Strategic Investment in Hiline Services

PR Newswire
Leading Provider of Financial Operations-as-a-Service Positioned for Significant Further Growth and Capabilities Expansion Red Iron Group, a Menlo Park-based private investment firm, announced a significant growth investment in hiline Services, LLC (“hiline” or “the Company”), a fast-growing provider of financial operations-as-a-service. Red Iron Group will provide financial, operational and strategic support......
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