Search Results for: banking and financial services

Deluxe to Acquire First American Payment Systems
Digital Payments Mobile Banking News

Deluxe to Acquire First American Payment Systems

Fintech News Desk
by Fintech News Desk0
All cash transaction of $960 million, representing major milestone in the company’s One Deluxe. transformation and largest transaction in company’s 106-year history. Doubles company’s Payments segment revenue while maintaining healthy margins and accelerating overall company growth through product innovation, cross-sell, and future acquisitions. Pro forma annual recurring revenue of more......
R3 Development Fund Invests First USD 10 Million in Over 20 Start-ups
Blockchain Fintech News

R3 Development Fund Invests First USD 10 Million in Over 20 Start-ups

Fintech News Desk
by Fintech News Desk0
Global enterprise software firm R3’s Development Fund has reached the milestone of USD 10 million in capital deployed across over 30 investments in more than 20 of the most promising early-stage blockchain and confidential computing companies. The Fund invests in innovative start-ups building apps on R3’s enterprise blockchain platform, Corda, and......
African Development Bank Approves $170M for Investment in Startups
Digital Finance Fintech News

African Trade Finance Sees $5 Billion In Portfolio Outflows In Q1 2020 Due To Covid-19, But Opportunities Exist – Report

Fintech News Desk
by Fintech News Desk0
The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of......
VentureRock Is Launching A $300M Fund-of-Funds in Abu Dhabi - Supported by The Private Investment Group
Business Finance Fintech News

VentureRock Is Launching A $300M Fund-of-Funds in Abu Dhabi – Supported by The Private Investment Group

Fintech News Desk
by Fintech News Desk0
VentureRock – Impact Venture Builder and ecosystem of entrepreneurs, investors and startup experts, is launching a $300M Fund-of-Funds in Abu Dhabi – supported by The Private Investment Group, to encourage and grow the market-leaders that will shape the world of tomorrow DeepTech, CleanTech, HealthTech and Smart City technology. From this new Fund-of-Funds, VentureRock will invest......
Groundbreaking Rules Published To Enable Rapid Resolution Of Blockchain And Crypto Legal Disputes, As Worldwide Smart Contract Market Expected
Blockchain Digital News

Groundbreaking Rules Published To Enable Rapid Resolution

Fintech News Desk
by Fintech News Desk0
Rules published today by Government-backed UK Jurisdiction Taskforce at LawtechUK will address uncertainty, encourage fast resolution of disputes, and foster increased confidence for businesses in adoption of digital technology including blockchain, crypto assets and smart contracts UK legal infrastructure continues to be world leading following publication in November 2019 of......
Canadian Bitcoin Platform Shakepay Partners With Marqeta To Power Innovative New Card Offering
Fintech News

Canadian Bitcoin Platform Shakepay Partners With Marqeta To Power Innovative New Card Offering

Fintech News Desk
by Fintech News Desk0
Shakepay customers will be able to sign up for a Marqeta-powered Visa* card, allowing them to spend money directly from their account. Shakepay, a Montreal-based financial technology platform that allows Canadians to buy and sell digital currency and pay their friends, announced that it has partnered with Marqeta, the global......
HYPR Raises $35 Million Series C Led by Advent International
Finance Fintech News

HYPR Raises $35 Million Series C Led by Advent International

Fintech News Desk
by Fintech News Desk0
Investment to support and accelerate development of HYPR’s True Passwordless Authentication technology HYPR, The Passwordless Company announced it has raised $35 million in a Series C financing, doubling the company’s total funding to over $70 million. The investment is led by Advent International through Advent Tech, the firm’s dedicated global technology fund. Advent......
DLA Piper Advises Ekata in its US$850 Million Acquisition by Mastercard
Digital Payments News

DLA Piper Advises Ekata in its US$850 Million Acquisition by Mastercard

Fintech News Desk
by Fintech News Desk0
DLA Piper represented Ekata, Inc., the global leader in dynamic identity verification solutions for real-time risk decisioning, in its agreement to be acquired by Mastercard for US$850 million. Mastercard’s strategic acquisition of Ekata will enable Mastercard and Ekata to continue to meet the growing demands of, and threats to, the......
UK-based Fintech Revolut Appoints Paroma Chatterjee As CEO India As It Kickstarts Its Entry Into The Country
Finance Fintech News

UK-based Fintech Revolut Appoints Paroma Chatterjee As CEO India As It Kickstarts Its Entry Into The Country

Fintech News Desk
by Fintech News Desk0
Paroma Chatterjee appointed CEO India to build and lead Revolut’s subsidiary in India. Ms Chatterjee joins from Lendingkart and has previously held senior executive roles at Airtel Money, Flipkart and Via.com. Revolut is making a multi million pound investment over the next five years and has committed to the creation......
BitGo Secures Over $700 Million of Cold Storage Insurance Capacity
Fintech News

BitGo Secures Over $700 Million of Cold Storage Insurance Capacity

Fintech News Desk
by Fintech News Desk0
Significant Expansion of BitGo’s Innovative Insurance Program BitGo, the leader in digital asset financial services, announced today it has surpassed $700M of total Crime/Excess Specie insurance capacity. New milestone for BitGo! Announcing we have surpassed $700M of cold storage insurance capacity In 2020, BitGo became the first digital asset custodian......
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