Search Results for: capital,

OppFi Acquires Equity Interest in Bitty, Enters Small Business Financing Market
Fintech News

OppFi Acquires Equity Interest in Bitty, Enters Small Business Financing Market

Business Wire
by Business Wire0
Led by proven operator and industry leader Craig Hecker, Bitty is a profitable and growing platform that provides credit access to underserved small businesses The transaction implies a 6.0x purchase multiple on adjusted net income for the trailing twelve months ending March 31, 2024 and is expected to be immediately......
Digital Payments Finance Fintech Guest Posts Security

Future-proofing payments in the contactless era with SoftPoS

Brad Hyett
by Brad Hyett0
By Brad Hyett, CEO at phos Recent findings by UK Finance reveal the true extent to which payment technology has evolved in recent years, with a recent survey showing that an overwhelming 93% of card transactions in the UK are now contactless. This paints a clear picture; that a robust......
Over 50% of Canadian Gen Z and Millennial Consumers Are Looking to Apps for Financial Guidance
Banking Fintech News

Over 50% of Canadian Gen Z and Millennial Consumers Are Looking to Apps for Financial Guidance

EIN Presswire
by EIN Presswire0
GFT’s New Banking Disruption Index Explores Whether Canada’s Banks Should Partner With Digital Competitors For 90% of Canadian banking customers, saving is a top priority, but where they’re placing their money is shifting, according to a new report released today. The Banking Disruption Index from global digital transformation company GFT finds that......
Tanager Partners With FDL To Enhance Tax Reporting Services For British-American Families
Fintech Investment Services News

Tanager Partners With FDL To Enhance Tax Reporting Services For British-American Families

Fintech News Desk
by Fintech News Desk0
Wealth Management LLP (Tanager) – a wealth management firm helping transatlantic families and US-connected persons with their financial planning and investment needs – has announced a new agreement with Financial Software Ltd (FSL) to provide enhanced tax reporting services through FSL’s market-leading investment tax management solution, CGiX.  Under the agreement,......
Gradient AI Secures $56 Million in Series C Funding to Expand AI-Powered Insurance Solutions
Artificial Intelligence Finance Fintech News

Gradient AI Secures $56 Million in Series C Funding to Expand AI-Powered Insurance Solutions

Business Wire
by Business Wire0
Led by Centana Growth Partners, Funding Will Enhance and Extend the Range of Product Solutions and Expand Customer Success and Sales Functions Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced that it has raised $56.1 million in Series C funding.......
Capitolis Launches Fast-Track Novations Technology, First of its Kind in the FX Options Market
Fintech News

Capitolis Launches Fast-Track Novations Technology, First of its Kind in the FX Options Market

Business Wire
by Business Wire0
Improved technology and processes allow participants to fast-track tear-ups via the Capitolis Novations platform Capitolis, the technology company creating safer and more vibrant capital markets, announced it has successfully launched its fast-track Novations technology with the execution of a same day tear-up. Reaching this milestone—the first of its kind in......
DeFi Technologies and Zero Computing Announce Strategic Partnership over Integrating Validator, Trading and ZK Infrastructure
Blockchain Finance Fintech News

DeFi Technologies and Zero Computing Announce Strategic Partnership over Integrating Validator, Trading and ZK Infrastructure

PR Newswire
by PR Newswire0
Strategic Partnership: DeFi Technologies partners with Zero Computing to build critical infrastructure, enhancing DeFi Alpha, the Company’s arbitrage trading desk. This partnership aims to improve arbitrage discovery and execution capabilities while advancing zero-knowledge enabled Maximal Extractable Value (MEV) strategies. Pomp Podcast: CEO of Zero Computing, Christopher Tam, will be featured on the Pomp Podcast next week......
Raistone Surpasses $10 Billion in Business Financing
Finance News

Raistone Surpasses $10 Billion in Business Financing

PR Newswire
by PR Newswire0
New research from Raistone reveals how embedded finance fuels business growth. Raistone, the world’s largest business-to-business embedded finance provider, announced it has crossed $10 billion in financing, reflecting the pivotal role the leading fintech has played in helping companies gain access to their money, on their terms. The milestone follows six......
ThetaRay Revolutionizes AI Financial Crime Detection with Screena Acquisition
Fintech News

ThetaRay Revolutionizes AI Financial Crime Detection with Screena Acquisition

PR Newswire
by PR Newswire0
The acquisition is a key milestone in ThetaRay’s mission to use AI in the fight against financial crime.  As the leading comprehensive, cloud-based financial crime detection platform, ThetaRay enables financial institutions to identify trusted transactions and trusted customers across all banking activities. This recently won ThetaRay an award for Best Use of Data for......
AppBrilliance Brings Real-Time Frictionless Payments to Closed Loop Digital Wallets With RTP & FedNow
Banking Digital Payments Finance Fintech News

AppBrilliance Brings Real-Time Frictionless Payments to Closed Loop Digital Wallets With RTP & FedNow

PR Newswire
by PR Newswire0
AppBrilliance, a pioneer in real-time payment solutions with its cutting-edge Money API™ platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US. Companies like Starbucks™, CVS™, Dunkin™’, Chick-fil-A™ and many other successful businesses have......
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