Search Results for: capital investment

TriplePoint Venture Growth BDC Corp. Announces Addition to Board of Directors
Banking News

TriplePoint Venture Growth BDC Corp. Announces Addition to Board of Directors

Fintech News Desk
TriplePoint Venture Growth BDC Corp., the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that Cynthia M. Fornelli has been appointed to serve as a member of the Company’s Board of Directors,......
Future FinTech Enters Into Equity Acquisition Frame Agreement With Joyrich Enterprises Limited
Blockchain Fintech News

Future FinTech Granted Extension of Time to Regain Compliance with NASDAQ

Fintech News Desk
Future FinTech Group Inc., a company engages in blockchain based e-commerce and fruit juice business, announced that on December 17, 2019, the Company received a notification letter from NASDAQ Listing Qualification Staff (“Staff”) stating that Staff has determined to grant the Company an extension of time to regain compliance with......
CoinEx Chain Foundation Launches Support Program to Encourage Community Development
Blockchain Cryptocurrency

CryptoCorner: Tencent Establishing Digital Currency Research Group, Shenzhen Stock Exchange Launches Blockchain Index, OKEx Launches BTC Options Trading for Select Clients

Fintech News Desk
Chinese internet giant Tencent may be establishing “a digital currency research project group” according to local media. The company did not deny the news to reporters, but did not provide further information. However, CoinDesk reports that the “new team will look at how to use digital currencies in its payments platform as......
Net Element Launches Merchant Acquiring Enablement Services for Small and Regional Banks Catering to Fintech Startups
Banking Fintech Fintech Startups News

Net Element Launches Merchant Acquiring Enablement Services for Small and Regional Banks Catering to Fintech Startups

Fintech News Desk
Netevia HQ Empowers Small and Regional Banks to Provide Merchant Acquiring and Innovative Payment Services to Attract Fintech Startups Net Element, Inc., a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announces the launch of its......
FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020
Banking Fintech News

FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020

Fintech News Desk
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, announced results for its first quarter ended November 30, 2019. First Quarter Fiscal 2020 Highlights Revenues increased 4.3% or $15.0 million to $366.7 million compared with $351.6 million for the same period in fiscal 2019. The increase......
FinVolution Group Receives APP Security and Information Security Certifications from China's CVERC
Banking Fintech Fintech Funding News

FinVolution Group’s Subsidiary Receives License as A Technology and Information Based Financial Lending Institution from the Financial Services Authority of Indonesia

Fintech News Desk
FinVolution Group , one of the leading fintech platform in China, announced that its subsidiary with an application named “Adakami” in Indonesia, has received a license for Technology and Information Based Financial Lending Institution (peer-to-peer lending license) from the Financial Services Authority of Indonesia (Otoritas Jasa Keuangan, or OJK). Read More: Arcline......
PenFed Credit Union Presents $23,000 Donation to United Way of Lane County
Banking News

PenFed Credit Union Presents $23,000 Donation to United Way of Lane County

Fintech News Desk
The Donation Supports the Nonprofit’s Efforts to Serve the Lane County Community by Bringing People Together to Give, Advocate and Volunteer. PenFed Credit Union‘s Eugene Service Center announced a $23,000 donation to United Way of Lane County to support bringing people together to improve the lives of others. PenFed employees at the Eugene......
Aylien Raises €5 Million to Identify and Analyze Risk Events in Real-time in the Financial Services and Risk Intelligence Space Using AI
Fintech Fintech Funding News

Aylien Raises €5 Million to Identify and Analyze Risk Events in Real-time in the Financial Services and Risk Intelligence Space Using AI

Fintech News Desk
Aylien, a leading provider of AI-powered risk intelligence and financial analytics solutions, has announced details of its Series A funding round of €5 million. The latest investment is led by Finch Capital who is joined by existing investors, Atlantic Bridge University Fund, SOSV, and Enterprise Ireland. Finch Capital’s Partner Hans De Back has also joined Aylien’s board......
Fintech News

H2O.ai Inducted into Highly Selective Credit Suisse Disruptive Technology Recognition Program

Fintech News Desk
Wall Street Endorses H2O.ai’s Vision to Democratize AI  H2O.ai, the open source leader in artificial intelligence (AI) and machine learning (ML), announced that Credit Suisse has selected it as a member of its 2019 Disruptive Technology Recognition (DTR) Program. Credit Suisse’s DTR Program recognizes the top companies who are disrupting traditional IT with......
SmartMetric Reports That Over $24 Billion Was Lost in 2018 Due to Payment Card Fraud Worldwide
Banking Fintech News

SmartMetric Reports That Over $24 Billion Was Lost in 2018 Due to Payment Card Fraud Worldwide

Fintech News Desk
SmartMetric, Inc. reported that in 2018, $24.26 Billion was lost due to payment card fraud worldwide. The United States leads the world in credit card fraud with 38.6% of reported card fraud losses in 2018. Credit card fraud increased by 18.4% in 2018 and is still increasing. Apart from the......
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