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Envestnet Appoints Robert Coppola as Chief Technology Officer
Banking Capital Markets Fintech News

Genpact Named as a Leader in the Everest Group Banking BPS PEAK Matrix 2020

Fintech News Desk
by Fintech News Desk0
Genpact’s digital and domain expertise and strategic acquisitions recognized for driving transformation for clients Everest Group, a leading research and consulting firm, has named Genpact, a global professional services firm focused on delivering digital transformation, a Leader in the Banking BPS PEAK Matrix 2020. Read More: Equifax Launches Innovative New Solutions......
Infor and DBS Bank Partner to Integrate Digital Trade Financing into Global Supply Chains
Banking Business Fintech News

Infor and DBS Bank Partner to Integrate Digital Trade Financing into Global Supply Chains

Fintech News Desk
by Fintech News Desk0
Digital trade platform rich with physical and financial supply chain data creates new opportunities to fund suppliers Infor, a global leader in business cloud software specialized by industry, announced that it is partnering with DBS Bank, Southeast Asia’s largest bank, to integrate digital trade financing capabilities into the Infor Nexus global network......
Fintech News

SuperCom Closes $3.2 Million Private Placement

Fintech News Desk
by Fintech News Desk0
SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, Public Safety, HealthCare, and Finance sectors, announces the closing of the private placement financing previously announced on July 8, 2020 raising gross proceeds of $3.2 million. SuperCom issued 2,370,000 of SuperCom’ s unregistered ordinary shares at $1.35 per ordinary share. Each share was sold together with......
Business Investment Services News

Yeahka Increases Investments in Payment Service Industry and Empowers Business Services through Continued Development in SaaS Technology

Fintech News Desk
by Fintech News Desk0
YEAHKA LIMITED (“Yeahka” or the “Company”, stock code: 9923.HK), a leading technology platform in China, was listed on the Main Board of The Stock Exchange of Hong Kong Limited in June 2020. The shares of the Company initially offered under the Hong Kong Public Offering and International Offering were significantly over-subscribed and......
Insurance Startup Branch Secures $24 Million Series A To Get You Coverage In Seconds
Fintech InsurTech News

Insurance Startup Branch Secures $24 Million Series A To Get You Coverage In Seconds

Fintech News Desk
by Fintech News Desk0
Branch, a technology-driven home and auto insurance company, has closed a $24 million Series A funding round. The round was co-led by Greycroft and HSCM Bermuda, with participation from returning investors American Family Ventures and Revolution’s Rise of the Rest Seed Fund, as well as new investors SignalFire, SCOR Global P&C, Elefund,......
Investment Services News

Owl Rock Appoints Alexis Maged As Head of Credit and Jeff Walwyn As Head of Non-Tech Underwriting

Fintech News Desk
by Fintech News Desk0
Owl Rock Capital Partners (“Owl Rock”), a leading alternative asset manager, announced today the appointments of Alexis Maged,­­­ as Head of Credit, and Jeff Walwyn, as Head of Non-Tech Underwriting. Maged and Walwyn will assume their new roles effective immediately. Douglas Ostrover, Marc Lipschultz and Craig Packer, Co-Founders of Owl Rock Capital Partners, said:......
Fintech Fintech Funding News Risk Management

Privacy.com Raises $10.2 Million to Help Businesses and Developers Create Virtual Payment Cards

Fintech News Desk
by Fintech News Desk0
New funding will fuel the expansion of Privacy’s Card Issuing API, the simplest way for developers to create virtual debit cards Privacy.com, a virtual card platform that provides secure payments for businesses and consumers, has announced $10.2M in Series A funding. The round was led by Teamworthy Ventures with participation from Tusk......
Blockchain News Trading

XinFin Network Secures Ex-SWIFT Corporate & Trade Head Andre Casterman as an Advisor

Fintech News Desk
by Fintech News Desk0
XinFin Network – the digital asset infrastructure powering working capital platforms and financial institutions – announced today that it has secured ex-SWIFT Corporate & Trade head Andre Casterman as an advisor. Acting as a collaborative technology provider, XinFin brings tokenization technology to trade financiers, focusing on alternative lenders, SME market. “There is......
Business Fintech News

Sitehands Names Chris Corrado as Next CEO

Fintech News Desk
by Fintech News Desk0
Sitehands, the technology company defining the next generation of IT field services, announced the appointment of current President, Chief Operating Officer and Board Member, Chris Corrado, as its Chief Executive Officer, effective immediately. Chris will succeed Sitehands’ Founder, JP Rosato, who will transition into the role of Vice Chairman and......
Business News

European Private Equity Activity Drops Sharply in Q2 2020 Amid COVID-19 Uncertainty

Fintech News Desk
by Fintech News Desk0
PitchBook, the premier data provider for the private and public equity markets, today released its Q2 2020 European Private Equity Breakdown, which found European private equity (PE) deals and fundraising sharply declined through the first half of the year. As the COVID-19 crisis unfolded, lenders concentrated on existing loans, sellers tabled......
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