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Customers Bank Appoints Industry Veteran Daniel Park as Senior Vice President, Treasurer
Banking Fintech Fintech Funding News Risk Management

Customers Bank Appoints Industry Veteran Daniel Park as Senior Vice President, Treasurer

Fintech News Desk
Customers Bank is pleased to announce industry veteran Daniel Park has joined the bank as Senior Vice President and Treasurer. Park will use his three decades of experience to enhance interest rate risk management processes, integrate capital and liquidity stress testing into corporate planning, as well as optimize funding, liquidity......
Jackson Announces Strategic Transaction With Athene
Fintech InsurTech Investment Services News

Jackson Announces Strategic Transaction With Athene

Fintech News Desk
Jackson National Life Insurance Company announced it has entered into an agreement with Athene Holding Ltd. (Athene), a leading provider of retirement savings products, to fully reinsure $27.6 billion¹ of Jackson’s in-force book of fixed and fixed index annuity liabilities in exchange for approximately $1.25 billion in ceding commission. Read......
Pro Business Plans Surpasses $4.0 B in Advisory Transactions Globally
Business Capital Markets Fintech News

Pro Business Plans Surpasses $4.0 B in Advisory Transactions Globally

Fintech News Desk
Executes Strategic Partnership with Gracewater Capital to Better Serve Clients In June, Pro Business Plans announced it officially surpassed $4.0 B worth of transactions it provided advisory services for, 80% of which were in North America across over 60 industries. Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers Despite the uncertain......
K1 Completes Sale of FMG Suite to Aurora
Business Capital Markets Fintech Investment Services News

K1 Completes Sale of FMG Suite to Aurora

Fintech News Desk
Realization represents K1’s second exit during the coronavirus pandemic K1 Investment Management, LLC (“K1”), a leading investment firm focusing on high-growth enterprise software companies, announced that it has completed its sale of FMG Suite, LLC (“FMG Suite”), the category leader in cloud-based marketing automation software for financial services professionals, to Aurora Capital Partners (“Aurora”).......
Accenture Collaborates with Oracle to Transform Nickel Bank’s Finance Functions
Business Fintech News

Despite External Industry Threats, Few Wealth Managers Plan to Change Their Business Models, Accenture-Orbium Report Finds

Fintech News Desk
Despite growing external threats to wealth managers’ businesses, including losses from intergenerational wealth transfers, nearly four in five wealth managers (78%) in Europe and Asia don’t plan significant changes to their traditional business models, according to a new report from Accenture and Orbium, part of Accenture Wealth Management. Read More:......
French Cryptoasset Platform Tozex Introduces Anti-crisis Business Solution to Enter the Token-based Economy
Blockchain Economy Fintech News Trading

French Cryptoasset Platform Tozex Introduces Anti-crisis Business Solution to Enter the Token-based Economy

Fintech News Desk
Tozex—the France-based cryptoasset platform for issuing, financing, and trading—has introduced the Believers Reward Offering (BRO)(Tozex). The BRO is the first sustainable alternative to ICOs and STOs to help SMEs overcome tough economic times and open new financing possibilities. Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group The BRO is......
AST Private Company Solutions Links with Liquidity Financing Investment Fund Liquid Stock
Business Fintech Investment Services News

AST Private Company Solutions Links with Liquidity Financing Investment Fund Liquid Stock

Fintech News Desk
AST Private Company Solutions™ (AST PCS) introduced a new strategic partnership with Liquid Stock, the venture capital-like investment fund providing bespoke liquidity solutions to pre-IPO companies, their investors and employees. Shareholders and CFOs using PCS’s new Astrella™ capitalization (cap) table and ownership data management platform will now be able to......
Checkout.com Triples Valuation to $5.5bn in Series B Fundraise
Fintech Fintech Funding News

Checkout.com Triples Valuation to $5.5bn in Series B Fundraise

Fintech News Desk
Leading global payment solution provider Checkout.com becomes one of the most valuable fintechs globally. Today the company announces a $150m Series B funding round, tripling the value of the online international payments business. The $5.5bn valuation reflects a growing business demand for transformative online payment solutions that perform across all geographies and channels. Checkout.com’s......
Botkeeper Raises $25 Million in Series B to Continue Helping CPA Firms Thrive
Artificial Intelligence Fintech Fintech Funding Investment Services News

Botkeeper Raises $25 Million in Series B to Continue Helping CPA Firms Thrive

Fintech News Desk
Botkeeper, a leading US-based AI-powered Bookkeeping company, announced that it has raised $25 million in Series B funding, bringing its total funding to $47.5 million. The round was led by Point72 Ventures, the global venture capital firm backed by prominent investor Steve Cohen. Additional investors include High Alpha Capital, Republic Labs, Oakridge, Peak State as well as existing investors Ignition......
EY Launches First-Of-Its-Kind Cryptocurrency Reporting App
Blockchain Cryptocurrency Fintech News

EY Launches First-Of-Its-Kind Cryptocurrency Reporting App

Fintech News Desk
Ernst & Young LLP (EY US) announced the launch of EY CryptoPrep, a cryptocurrency application that assists with US tax filings. This new Software as a Service (SaaS), web-based product is a fully automated, enterprise-grade crypto tax engine offering step-by-step guidance through the crypto tax process. Read More: SIMON Markets......
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