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Volaris Group Expands its Portfolio with the Acquisition of Symbrio AB
Fintech News

Volaris Group Expands its Portfolio with the Acquisition of Symbrio AB

Fintech News Desk
Volaris Group (“Volaris”) announced that it has completed the acquisition of Symbrio AB (“Symbrio”). Symbrio is a provider of procure-to-pay software solutions for the installation industry. Read More: Vitesse, a Fintech Providing Real-Time Cross-Border Payments for Businesses, Scores £6.6m Series A Founded in 2000 in Stockholm, Sweden, Symbrio has accumulated......
Xalles Holdings Reviews Q2 Achievements and 2020 Outlook
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Xalles Holdings Reviews Q2 Achievements and 2020 Outlook

Fintech News Desk
Xalles Holdings, a fintech holding company providing technology and financial services solutions, is pleased to announce the highlights from the second quarter disclosures and outlook for the remainder of 2020. Xalles has achieved many milestones during the last quarter and has demonstrated its ability to execute against its overall roadmap.......
Global Bank's President Ron Nechemia Offers Humanitarian and Developmental Assistance to Lebanon in Response to the Deadly Explosion
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Global Bank’s President Ron Nechemia Offers Humanitarian and Developmental Assistance to Lebanon in Response to the Deadly Explosion

Fintech News Desk
Global Bank Group has offered humanitarian and development assistance to Lebanon following the massive August 4 explosion that rocked its capital, Beirut, and killed more than 220 people, injured more than 7,000, and left an estimated 300,000 homeless. The Global Bank’s regional office for the Middle East and North Africa Region is working with partners, including Lebanon’s Prime Minister Hassan......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
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Madison Dearborn Partners Completes Acquisition of Benefytt Technologies

Fintech News Desk
 Benefytt Technologies, a health insurance technology company and leading distributor of Medicare-related health insurance plans, announced that funds affiliated with Madison Dearborn Partners, LLC (the “MDP Funds”) have completed their previously disclosed acquisition of Benefytt. The Company will maintain its brand name and build upon its tech-first mission to help......
Chinese insurtech firm Waterdrop raises $230M, plans IPO
Fintech InsurTech News

Chinese insurtech firm Waterdrop raises $230M, plans IPO

Fintech News Desk
Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss Reinsurance Co. Ltd. and Chinese internet giant Tencent Holdings Ltd., it said on Thursday. Waterdrop’s existing investors, including IDG Capital and Wisdom Choice Global Fund, also participated, it said in a statement.......
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OTC Markets Group Welcomes AAC Clyde Space AB to OTCQX

Fintech News Desk
OTC Markets Group Inc., operator of financial markets for 10,000 U.S. and global securities, today announced AAC Clyde Space AB (Nasdaq First North Premier Growth Market: AAC;OTCQX: ACCMF), a company specializing in advanced nanosatellite spacecraft, mission services, and reliable subsystems, has qualified to trade on the OTCQX® Best Market. Read......
Why Should You Choose Alternative Investments for Your Portfolio?
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Why Should You Choose Alternative Investments for Your Portfolio?

Asheesh Chanda
Alternative investments are financial assets that are different from conventional investment vehicles like cash, bonds and stocks. These include private equity, hedge funds, managed futures and infrastructure investments among many others. Our advisors are often asked if alternatives are a good choice, and why should one invest in these asset......
Banking Fintech News

First Bank & Trust Company Ranked Among Top Lenders by U.S. Small Business Administration District Office

Fintech News Desk
Small businesses throughout Virginia and Tennessee are receiving much needed assistance from the Small Business Administration, thanks to First Bank & Trust Company.  According to a recent announcement from the SBA, First Bank & Trust Company loaned $9.3 million in Fiscal Year (FY) 2019, a $2.6 million increase over the previous year. Read More: COVID-19 and Automation are......
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E*TRADE Study Reveals Risk Tolerance Spike Among Millennial and Gen Z Investors

Fintech News Desk
E*TRADE Financial Corporationtoday announced results from the most recent wave of StreetWise, the E*TRADE quarterly tracking study of experienced investors. Results show trading trends among Gen Z and Millennial investors during the COVID-19 crisis: Read More: Curb Debuts Taxi PaaS Solution with City of Chicago to Enable E-hailing and Mobile Payments......
Osaka Matsui Management Says With IPO Looming, Jack Ma’s Ant Group Earns $3.5 Billion Profit in Six Months
Fintech News

Osaka Matsui Management Says With IPO Looming, Jack Ma’s Ant Group Earns $3.5 Billion Profit in Six Months

Fintech News Desk
Analysts at Japanese financial services company Osaka Matsui Management have said that billionaire Jack Ma-backed Chinese financial-technology juggernaut Ant Group Co. earned an estimated $3.5 billion during a recent six-month period, demonstrating how lucrative the company’s business has been as it moves closer towards a blockbuster initial public offering. Read More: COVID-19......
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