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Fintech News

FinVolution’s Philippine Subsidiary Cooperates with Union Bank of the Philippines, Accelerating Financial Inclusion

PR Newswire
FinVolution Group (“FinVolution,” or the “Company”) (NYSE: FINV), a leading fintech platform, today announced that its Philippines financial application, Juanhand, has entered into a strategic cooperation agreement with UnionBank of the Philippines (UnionBank), a digital bank dedicated to embracing technological innovations to empower its customers. Under the terms of the agreement, UnionBank will provide Juanhand......
Exploring Blockchain Technology
Blockchain Featured Fintech

Exploring Blockchain Technology 

Prajakta Ayade
Blockchain technology, the fundamental idea behind cryptocurrencies like Bitcoin, is changing many industries. Initially conceptualized as a decentralized ledger system to facilitate secure digital transactions, its applications have expanded far beyond finance. Blockchain technology has emerged as a revolutionary force, disrupting traditional systems and bringing in a new era of......
Monarch Alternative Capital Bolsters Real Estate Debt Investment Program through Recent Lending Solutions
Investment Services News

Monarch Alternative Capital Bolsters Real Estate Debt Investment Program through Recent Lending Solutions

PR Newswire
Monarch completes three financings – Hotel 48LEX in New York, Renaissance Las Vegas, and Westin Tampa, in the hotel sector amid commercial real estate lending market disruption. Monarch Alternative Capital LP, a leading investment firm with approximately $14 billion of assets under management, announced the continued expansion of its real estate debt......
What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One
Cryptocurrency Featured

What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One

Prajakta Ayade
The world of cryptocurrency isn’t new now, but is exciting, baffling, and everything in between. For those new to the crypto space, navigating exchanges – the platforms where you buy and sell digital currencies – can feel like deciphering a foreign language. Since the advent of Bitcoin in 2009, the......
Varo Bank Introduces Two New Financial Products
Banking News

Varo Bank Introduces Two New Financial Products

Fintech News Desk
With Varo, Americans find an innovative way to reduce money worries and take control of finances from a bank that has built a fully integrated system to support successful money management instead of encouraging spending and growing debt. Varo Bank, N.A., the first nationally-chartered consumer tech bank in the U.S.,......
Harmony Bank Selects Baker Hill NextGen Accelerate to Optimize & Scale Commercial Lending Process
Lending News

Harmony Bank Selects Baker Hill NextGen Accelerate to Optimize & Scale Commercial Lending Process

PR Newswire
Harmony Bank selected Baker Hill NextGen® commercial loan origination system (LOS), which features scalable digital lending capabilities designed for rapid deployment. Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, announced its partnership with Harmony Bank. The Dallas-based bank has selected Baker Hill NextGen Accelerate, a......
KeyBank Surpasses $10 Million in Funded Loans Through Key Opportunities Home Equity Loan Program
Finance News

KeyBank Surpasses $10 Million in Funded Loans Through Key Opportunities Home Equity Loan Program

PR Newswire
Across KeyBank’s footprint, the Key Opportunities Home Equity Loan program has helped more than 200 clients secure loans for their primary home in designated communities. KeyBank announced that it has funded more than $10 million in loans through its Key Opportunities Home Equity Loani program. Launched on March 1, 2023, the program provides affordable terms......
Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability
Fintech Funding News

Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability

PR Newswire
The round was led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors. Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, announced that it has successfully raised $5.3 million in venture funding. The round was led by Foundation Capital, TruStage Ventures Discovery......
Matsui Securities Adopts Broadridge's Post Trade Solution to Drive Stock Lending Efficiency
Fintech News

Matsui Securities Adopts Broadridge’s Post Trade Solution to Drive Stock Lending Efficiency

PR Newswire
The modular cloud-based solution will open new markets and reduce maintenance burden and complexity Matsui Securities Co., Ltd., one of Japan’s top online securities brokers, has selected global Fintech leader Broadridge Financial Solutions, Inc.’s cloud based SaaS post-trade processing solution to drive operational efficiency in its stock lending business. System integrator Intelligent Wave will develop......
10 Million Individuals in Emerging Markets Have Entered the Financial System Through PayJoy
Finance Fintech News

10 Million Individuals in Emerging Markets Have Entered the Financial System Through PayJoy

PR Newswire
PayJoy reaches this milestone less than a year after becoming a Public Benefit Corporation dedicated to responsible financing, with a sharp focus on ensuring a positive impact on its customers’ financial well-being. PayJoy, the leading lender to the underserved in emerging markets, today announces it has helped 10 million customers......
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