Search Results for: commercial banking

Allica Bank Secures £26m Investment and Launches £100m Fundraise
Banking Fintech Fintech Funding Investment Services News

Allica Bank Secures £26m Investment and Launches £100m Fundraise

Fintech News Desk
Allica Bank is launching a £100m funding round to help it meet the current high levels of demand for finance it is experiencing from British businesses, and continue broadening services and product lines. The bank, which received full UK banking authorisation in late 2019, has had over £1bn of enquiries from businesses in......
i2c Joins Visa’s Fintech Fast Track Program As New Enablement Partner
Fintech Mobile Banking News

i2c Taps Jonathan Vaux to Drive European Growth

Fintech News Desk
i2c Inc., a leading provider of digital payment and open banking technology, announced a vital new move in its European operations, bringing Jonathan Vaux in as its General Manager, EU. Reporting to company President Jim McCarthy, Vaux will be responsible for building strategic alliances with banks, FinTechs, merchants and payment......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Banking Fintech Fintech Startups News

ADERA to Broaden and Deepen its Business Presence in Chongqing, China

Fintech News Desk
Singapore-based Financial Services Technology Group, ADERA, to Broaden and Deepen its Business Presence in Chongqing, China; Signs 1st MOU and Letter of Intent to Develop the First Supply Chain Financing Platform for Cross Border Trade Activities between Singapore and Chongqing and Undertakes 2nd MOU to Establish a Fintech and Data......
DBS survey shows that 3 in 4 SMEs in Singapore remain positive about the future, even as 1 in 5 are ‘exhausted’ from battling the economic fallout from Covid-19
Banking Fintech News

DBS launches Singapore’s first SORA-pegged business property mortgage loan

Fintech News Desk
Provides business property owners with more property financing options amid challenging economic outlook Marks milestone in nation’s interest rate transition roadmap towards adoption of SORA as main interest rate benchmark for SGD financial markets DBS today announced the launch of SORA-pegged Business Property Loan, Singapore’s first business property mortgage loan......
OneUnited Bank, Fintech Pioneer, Announces $10 Million Deposit By Biogen To Support #BankBlack Movement
Banking Fintech Investment Services News

OneUnited Bank, Fintech Pioneer, Announces $10 Million Deposit By Biogen To Support #BankBlack Movement

Fintech News Desk
Bank chosen for cutting-edge technology and leading the way to close racial wealth gap OneUnited Bank, the largest Black-owned bank in America, announced that Biogen, a global biotechnology company, is investing $10 million to support the cutting-edge fintech’s focus on Black economic empowerment. The $10 million deposit signals an increase in corporate support for......
Wells Fargo Finances Columbia Threadneedle’s Project Victoria Acquisition
Fintech Investment Services News

Wells Fargo Finances Columbia Threadneedle’s Project Victoria Acquisition

Fintech News Desk
Wells Fargo & Company announced that its subsidiary, Wells Fargo Bank N.A. (London Branch), has provided debt financing to Columbia Threadneedle Investments (Columbia Threadneedle), part of Ameriprise Financial. The senior term loan of £163.5 million funded Columbia Threadneedle’s acquisition of the Project Victoria portfolio, a group of property assets purchased from......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
Banking Fintech News

F.N.B. Corporation Announces Promotions for F.N.B. Equipment Finance Leadership Team

Fintech News Desk
Industry Veterans R. Timothy Evans and Donna Yanuzzi Named to Executive Roles with Company’s Leasing Business F.N.B. Corporation (NYSE: FNB), parent company of First National Bank, announced the promotion of R. Timothy Evans to President of F.N.B. Equipment Finance and Donna Yanuzzi to Managing Director of F.N.B. Equipment Finance Sales and Marketing. The leadership changes......
First BanCorp. Completes Acquisition of Banco Santander Puerto Rico
Banking Fintech News

First BanCorp. Completes Acquisition of Banco Santander Puerto Rico

Fintech News Desk
First BanCorp, the bank holding company for FirstBank Puerto Rico (“FirstBank”), announced the completion of its previously announced acquisition of Santander BanCorp (“Santander BanCorp”) and its wholly-owned subsidiary Banco Santander Puerto Rico (“Banco Santander”). In connection with the acquisition, Santander BanCorp and Banco Santander will be merged into FirstBank, with......
Bluefin Announces $25 Million in Growth Financing Led by Macquarie Capital Principal Finance
Fintech News

PNC Treasury Management Launches Business-to-Consumer Payment Capability

Fintech News Desk
Push-to-debit card solution provides immediate payment option for businesses PNC Treasury Management today announced it has expanded its payment offerings by adding push-to-debit card capabilities, called Direct to Debit Card. This addition to PNC’s payment ecosystem provides businesses with the option to send consumers payments 24/7, 365 days a year......
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