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Global Blue Completes Business Combination With Far Point Acquisition Corporation
Fintech News

Global Blue Completes Business Combination With Far Point Acquisition Corporation

Fintech News Desk
by Fintech News Desk0
Global Blue Group AG, a leading provider of Tax Free Shopping and payment solutions, today announced that it has completed its business combination (the “Business Combination”) with Far Point Acquisition Corporation (NYSE: FPAC, FPAC.UN, and FPAC.WS), a special purpose acquisition company (“FPAC”). The Business Combination was approved by FPAC’s stockholders......
Artificial Intelligence Fintech News

Weyland Tech Assumes Name of High-Performing New Subsidiary, Logiq; Emerges as Leading Innovator in Data-Driven Consumer Intelligence

Fintech News Desk
by Fintech News Desk0
Weyland Tech, Inc., a leading global provider of eCommerce and fintech business enablement solutions, has assumed the brand and mission of its fast-growing eCommerce-focused subsidiary, Logiq, Inc. The rebranding has also been applied across all of Logiq’s products and services, reflecting the company-wide evolution from primarily an eCommerce products and......
Silicon Valley Bank Hires Sunita Patel as Head of Business Development, Technology and Healthcare
Business Fintech Investment Services News

Silicon Valley Bank Hires Sunita Patel as Head of Business Development, Technology and Healthcare

Fintech News Desk
by Fintech News Desk0
SVB Capital Builds Life Science & Healthcare Investment Team Led by Jennifer Friel Goldstein Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, announced the appointment of Sunita Patel as Head of Business Development for its Technology and Healthcare practice. Sunita will succeed Jennifer Friel Goldstein, who......
Socure Wins American Financial Technology Award for the “Best New Data and Data Services Technology” From WatersTechnology
Fintech Fintech Funding News

Socure Closes New Round of Funding, with Participation from Major Banks

Fintech News Desk
by Fintech News Desk0
Socure, the leader in Day Zero identity verification, announced it has raised $35 million in a new round led by Sorenson Ventures with participation from existing investors Commerce Ventures, Scale Venture Partners, and Flint Capital. The round also included new strategic investor participation from Citi Ventures, Wells Fargo Strategic Capital, and MVB Financial Corp. This brings Socure’s......
AC Milan to Join Sports Crypto Movement with Launch of $ACM Fan Token
News

Fannie Mae Promotes Jeffery Hayward to EVP and Chief Administrative Officer and Michele Evans to EVP and Head of Multifamily

Fintech News Desk
by Fintech News Desk0
Fannie Mae (OTCQB: FNMA) has appointed Jeffery Hayward to the newly created position of Executive Vice President and Chief Administrative Officer and Michele Evans as Executive Vice President and Head of Multifamily, effective immediately. Hayward, previously Head of Fannie Mae’s Multifamily business, will lead Fannie Mae’s Affordable Housing; Environmental, Social, and Governance (ESG); Human Resources;......
Hanover Bancorp, Inc. and Savoy Bank Announce Strategic Merger Combination to Create a Premier NYC Metro Community Bank
Banking Fintech News

Hanover Bancorp, Inc. and Savoy Bank Announce Strategic Merger Combination to Create a Premier NYC Metro Community Bank

Fintech News Desk
by Fintech News Desk0
Hanover Bancorp, Inc. (“Hanover” or “the Company”), parent company of Hanover Community Bank, and Savoy Bank (“Savoy”) are pleased to jointly announce that Hanover and Savoy have entered into a definitive agreement pursuant to which Savoy Bank will merge into Hanover Community Bank in a stock and cash transaction valued at approximately $63 million. The agreement......
Deloitte CFO Signals™ Survey: CFOs Cite Risks of New Virus Waves and Growing Skepticism About the Pace of Recovery
Fintech News

Deloitte CFO Signals™ Survey: CFOs Cite Risks of New Virus Waves and Growing Skepticism About the Pace of Recovery

Fintech News Desk
by Fintech News Desk0
Key takeaways (PRNewsfoto/Deloitte) (PRNewsfoto/Deloitte) CFOs express concerns over new virus waves, more shutdowns, and the pandemic triggering a longer-term recession. Eighty-four percent of CFOs now say equity markets are overvalued — the second-highest level in survey history. Just 2% say markets are undervalued. On average, CFOs expect to achieve 74%......
OpenUnit Raises $150,000 Pre-Seed Funding from Y Combinator
Fintech Fintech Funding News

OpenUnit Raises $150,000 Pre-Seed Funding from Y Combinator

Fintech News Desk
by Fintech News Desk0
Toronto-based OpenUnit announced it has raised $150,000 in pre-seed funding from US accelerator Y Combinator. The company is one of a few Canadian startups to receive funding from the high-profile accelerator. OpenUnit joined its Winter 2020 (W20) batch and received mentorship in California at the beginning of the year. Read More: GlobalFintechSeries Interview......
Majesco Announces the Launch of Majesco L&A Insurance Data & Analytics Platform
Fintech InsurTech News

Majesco Positioned as a Visionary in Gartner 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America

Fintech News Desk
by Fintech News Desk0
Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software for insurance business transformation, today announced that it has been once again positioned as a Visionary in the August 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America. Read More: GlobalFintechSeries Interview with Erwan Gelebart, CEO at Veon’s......
Blockchain Cryptocurrency Fintech News

DCG Enters into Bitcoin Mining with Newest Subsidiary: Foundry

Fintech News Desk
by Fintech News Desk0
 The new company will provide capital and advisory services to empower the digital asset mining ecosystem DCG commits to $100 million investment in Foundry through 2021 Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, today announced a new wholly-owned subsidiary: Foundry. Quietly formed in 2019,......
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