Search Results for: bankruptcy

U.S. Bankruptcy Court Issues Ruling in Favor of BYJU’s Term Loan Lenders
Finance Fintech News

U.S. Bankruptcy Court Issues Ruling in Favor of BYJU’s Term Loan Lenders

Business Wire
by Business Wire0
Order Prohibits Further Movement or Use of $533 Million Rightfully and Contractually Owed to Lenders Byju Raveendran and Divya Gokulnath Found to be Working in Concert With Defendants and Must Comply With Order Warrant Issued for Arrest of Camshaft Capital Founder William Morton Who Fled Country Ahead of Hearing The......
Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers
Finance News

Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers

PR Newswire
by PR Newswire0
New Report Examines the Financial Strengths and Weaknesses of Top Retailers, Including Target, Macy’s, Neiman Marcus, JCPenney and The Kroger Co. Amid rising inflation, a cost-of-living crisis and a steep decline in consumer spending, many retailers are calling for flat to declining sales this year. So, retail bankruptcies have become more common......
Banking Economy Markets News

SVB Financial Group, Parent Of SVB Bank, Declares Bankruptcy.

Fintech Staff Writer
by Fintech Staff Writer0
SVB Financial Group has petitioned the United States Bankruptcy Protection Court for the Southern District of New York for a court-supervised Chapter 11 reorganisation. The business looks to sell its assets. The funds and general partner companies of SVB Securities and SVB Capital were not included in the Chapter 11......
Cryptocurrency Featured Fintech Primers Markets

Top 5 Bankruptcy Of The Crypto market In 2022

Pooja Choudhary
by Pooja Choudhary0
The hyped domain for 2022 and much talked about the crypto market, there seemed to be no shortage of high-profile bankruptcies and scandals that roiled the crypto sphere. Among all, we shall be highlighting the top 5 implosions of the crypto and give a snapshot as to whether the crypto......
Blockchain Fintech News

AZA Finance Issues Correction To Erroneous Inclusion In FTX Chapter 11 Bankruptcy Filing

Fintech News Desk
by Fintech News Desk0
“I was shocked and disappointed to see that FTX named BTC Africa S.A. and other AZA Finance entities in its Chapter 11 bankruptcy filing today. To be clear: AZA Finance entities are not affected by the FTX bankruptcy, and we are taking steps to correct the erroneous court filings. AZA......
Usio Continues to be the Bankruptcy Software Industry’s PayFac Platform of Choice
Business Fintech News

Usio Continues to be the Bankruptcy Software Industry’s PayFac Platform of Choice

Fintech News Desk
by Fintech News Desk0
With Signing of NextChapter, Usio’s Proprietary Technology Becomes Payment Platform of Choice for Two of Industry’s Top Three Largest Bankruptcy Software Developers Usio, an integrated electronic payment solutions provider, announced that it has signed a partnership agreement with NextChapter, a leading developer of legal software that provides attorneys with an......
Fintech News

Survey Shows 54% of Americans Face Serious Financial Hardship and Bankruptcy Due to Continuing COVID-19 Impact

Fintech News Desk
by Fintech News Desk0
Almost 9 in 10 people (87%) are frustrated with lack of compliance on safety guidelines With America continuing to trend in the opposite direction on COVID-19 case totals, the frustration and outrage felt by the country now includes apathy, pessimism and potential bankruptcy for a significant portion of residents (21%),......
San Diego-Based Financial Platform Benji Launches State-of-the-Art Services in Financial Literacy
Finance Fintech News

San Diego-Based Financial Platform Benji Launches State-of-the-Art Services in Financial Literacy

EIN Presswire
by EIN Presswire0
With a mission to empower individuals toward long-lasting financial freedom, financial fitness platform Benji is proud to officially launch their services at a time when many adults need it most. According to a 2023 study from Edward Jones and MIT’s AgeLab Next360, 80% of Americans between the ages of 18 and 34......
Diebold Nixdorf Announces Thomas Timko as Chief Financial Officer
Finance News

Diebold Nixdorf Announces Thomas Timko as Chief Financial Officer

PR Newswire
by PR Newswire0
Diebold Nixdorf announced the appointment of Thomas Timko as executive vice president and chief financial officer (CFO), effective May 17, 2024. He will be responsible for Diebold Nixdorf’s financial strategies, including optimizing the organization’s global financial systems and driving alignment of the company’s strategy to its financial performance to build value for stockholders and......
Trakx Launches a New Product: Trakx USDc Earn CTI Powered by Opentrade
Fintech News

Trakx Launches a New Product: Trakx USDc Earn CTI Powered by Opentrade

PR Newswire
by PR Newswire0
Trakx, an emerging global fintech company providing thematic Crypto Tradable Indices (“CTIs”), announced the launch of the Trakx USDc Earn CTI powered by OpenTrade that is designed to allow users to easily generate high risk-adjusted returns on their USDc backed by US Treasury Bill yields. With the USDc Earn CTI,......
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