Search Results for: balance sheet

MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Fintech Fintech Funding News

Marex Spectron Expands Global Clearing Business

Fintech News Desk
Hires R.J. O’Brien’s Thomas Texier To Head Up Division  Marex Spectron, the global commodities specialist, has announced the appointment of Thomas Texier as Head of Clearing Services as it accelerates the expansion of its clearing business. Thomas, who joined Marex Spectron on 20 July, is based in London and tasked with expanding and......
Diebold Nixdorf Issues $1.1 Billion Of Senior Secured Notes In Oversubscribed Offerings And Extends Senior Secured Revolving Credit Facility
Fintech Investment Services News

Diebold Nixdorf Issues $1.1 Billion Of Senior Secured Notes In Oversubscribed Offerings And Extends Senior Secured Revolving Credit Facility

Fintech News Desk
Diebold Nixdorf, a global leader in driving connected commerce for the banking and retail industries, announced the completion of several transactions that significantly extend debt maturities, provide sufficient liquidity as the company enters the latter stages of its DN Now transformation and reduce the company’s expected cash interest and cash......
Banking Fintech Guest Posts

Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant

Johanna Pugh
Giants have fallen when they reacted too slowly to changing consumer needs. Kodak, despite developing the first digital camera, did not believe digital photography would dominate the market, and therefore did not leverage the opportunities their discovery offered. They chose to focus on film, not innovation, and fell after a......
Moody’s Analytics Wins Best Middle-Office Platform at WatersTechnology Asia Awards
Fintech News Risk Management

Moody’s Analytics Wins Best Middle-Office Platform at WatersTechnology Asia Awards

Fintech News Desk
Moody’s Analytics has won the Best Middle-Office Platform category in the 2020 WatersTechnology Asia Awards, on the strength of our regulatory compliance and balance sheet management capabilities. Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership for Annuities “We’re honored by this recognition in the WatersTechnology Asia......
KBRA Releases Research – U.S. Banks: Thinking Through the Great Unknown–Loan Losses in the Pandemic
Fintech News Risk Management

KBRA Releases Research – U.S. Banks: Thinking Through the Great Unknown–Loan Losses in the Pandemic

Fintech News Desk
Kroll Bond Rating Agency (KBRA) releases a research report that outlines our views on the current stresses facing the U.S. banking industry amid the ongoing economic challenges brought on by the coronavirus (COVID-19) pandemic. The report also dispels other areas of the balance sheet that, in KBRA’s view, do not......
Ministry of Supply and Sezzle Team Up to Pay It Forward with Starter Kits
Fintech News

US ‘Buy Now, Pay Later’ Leader Sezzle Secures USD$55 Million in Latest Capital Raise

Fintech News Desk
Sezzle is pleased to provide an update in relation to its capital raising, which was announced to the ASX on Friday, 10 July, 2020. Read More: GlobalFintechSeries Interview with Brandon Dewitt, Co-founder and CTO at MX Summary Sezzle has successfully raised A$79.1 million via a fully underwritten institutional placement (Placement) The Placement......
FDCTech Signs Term Sheet to Acquire 100% Equity Interest in Genesis Financial, Inc.
Business Fintech Investment Services News

Genesis Financial, Inc. Completes Acquisition of Ballast Group and Cosight Financial Limited

Fintech News Desk
Genesis Financial, a globally diversified financial services company with a focus on Fintech Investment, Wealth Management and Lending Platforms, announced that it successfully completed its acquisition of Ballast Holdings Pty Ltd. (Ballast Group) on June 30, 2020. Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition Ballast operates as......
Colony Capital Completes Additional Steps in Ongoing Digital Transformation and Strategic Plan
Fintech News

Colony Capital Completes Additional Steps in Ongoing Digital Transformation and Strategic Plan

Fintech News Desk
Colony Capital, and its subsidiaries (collectively, “Colony Capital” or the “Company”) announced the completion of the latest steps in connection with its ongoing digital transformation and strategic plan. Read More: GlobalFintechSeries Interview with Ashish Singhal, CEO and Co-Founder at CRUXPay “The corporate revolver amendment progresses two of the key priorities......
Capital Closes $9 Million Series Seed 2 to Advance The Capital Machine
Artificial Intelligence Capital Markets Fintech Fintech Funding News

Capital Closes $9 Million Series Seed 2 to Advance The Capital Machine

Fintech News Desk
Capital, a leading innovator in the emerging category of “capital as a service” (CAAS), announced that it has closed on an additional $9Million in seed funding led by Jerry Yang’s AME Cloud Ventures with participation from Steve Jurvetson’s Future Ventures, Greycroft, Wavemaker Partners, Partech, and renowned angel investors including Rentech and First......
Capitolis Appoints Callie Reynolds as Chief Customer Officer Amidst Record Growth
Artificial Intelligence Fintech News

Capitolis Appoints Rahul Auradkar as Chief Product Officer Amidst Record Growth

Fintech News Desk
Capitolis, the leading SaaS platform that drives financial resource optimization for capital markets, announced the appointment of Rahul Auradkar as its Chief Product Officer. In this role, Auradkar will lead Capitolis’ product development efforts globally and is the latest addition to the company’s growing executive management team. Read More: Healthfully......
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