Search Results for: capital firm

Blockchain DeFi Digital News

Even Amidst Crypto Winter, Centrifuge Emerges From 2022 Stronger Than Ever

Fintech News Desk
Centrifuge, the first DeFi protocol to finance real-world assets (RWAs) on the blockchain, experienced substantial success and sustainable growth in 2022 year even as the wider crypto market has experienced turbulence, reinforcing the tangible value of real-world assets. “As investors took a more discerning eye, the crypto industry at large undoubtedly faced a reckoning......
TPG to Acquire Poonawalla Housing Finance at Valuation of INR 39 Billion
Finance News

TPG to Acquire Poonawalla Housing Finance at Valuation of INR 39 Billion

Fintech News Desk
TPG, a leading global alterative asset management firm, announced that it has signed definitive documents with Poonawalla Fincorp Limited to acquire its subsidiary Poonawalla Housing Finance Limited (PHFL) for a pre-money equity valuation of INR 39 billion. The transaction is invested through TPG Capital Asia, the firm’s Asia-focused private equity......
Renasant Bank Acquires Republic Business Credit
Finance News

Renasant Bank Acquires Republic Business Credit

Fintech News Desk
Renasant Corporation announced that effective December 30, 2022, its wholly-owned subsidiary, Renasant Bank, has acquired Republic Business Credit (formally known as Continental Republic Capital, LLC) (“RBC”) in an all cash transaction. RBC is a market-leading commercial finance company with average earning assets in excess of $100 million. Founded in 2011,......
Alvarium Tiedemann Holdings Enters into New $250 Million Credit Facility
Finance Investment Services News

Alvarium Tiedemann Holdings Enters into New $250 Million Credit Facility

Fintech News Desk
Provides financial flexibility to execute growth initiatives and serve its global clients more efficiently Alvarium Tiedemann Holdings, Inc. announced that it has entered into a $250 million credit facility with a syndicate led by BMO Capital Markets Corp. (“BMO”). The facility, which is comprised of a $150 million revolving credit......
Business Capital Markets News

Thomson Reuters Completes Acquisition Of SurePrep, LLC

Fintech News Desk
Thomson Reuters Corporation announced it has closed on its previously announced acquisition of SurePrep, LLC (“SurePrep”), a US-based leader in 1040 tax automation software and services. On November 11, 2022, Thomson Reuters announced that it had reached a definitive agreement to acquire SurePrep for $500 million in cash. SurePrep is a California-based company that helps......
Blockchain Digital News

Hytech Launches Its First Global Metaverse D&D In Decentraland

Fintech News Desk
International management consultancy firm, Hytech, has launched its new brand at its first global Dinner & Dance (D&D) event in the Metaverse, which broke Decentraland’s record for the most visitors in an hour. Hytech provides management consultancy services to fintech firms globally. The move consolidates its teams across different verticals –......
Global Islamic Finance Sector Prioritises ESG Concerns
Finance Lending News

Credefi Scores Major Milestone In Partnership With TradFi Mogul Experian

Fintech News Desk
On a path to solve critical inefficiencies in the field of traditional financial lending and borrowing, Credefi has achieved a major milestone in its partnership with the TradFi behemoth Experian. Credefi has managed to secure the rights to use Experian’s officially recognized and reputable brand materials to now position itself......
Banking Fintech News Technology

KYC Compliance For Specialized Bank By Startups

Fintech Staff Writer
After receiving the first ever issued EU specialized banking license, the Lithuanian boutique bank is in its hypergrowth stage. As guaranteed by mano.bank, prior to taking care of business with iDenfy, the objective was to proceed to give the accommodation of use without settling for less on the experience for......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
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