Search Results for: definitive agreement

Mogo Completes Acquisition of Canadian Investment Dealer Fortification Capital Inc. to be Renamed MogoTrade
Digital Payments Fintech News

Mogo Completes Acquisition of Canadian Investment Dealer Fortification Capital Inc. to be Renamed MogoTrade

Fintech News Desk
by Fintech News Desk0
Acquisition accelerates upcoming launch of MogoTrade commission free stock trading platform All figures in Canadian $ Mogo Inc., a digital payments and financial technology company, announced it has closed the previously announced acquisition (the “Acquisition”) of Canadian registered investment dealer, Fortification Capital Inc. (“Fortification”) following approval of the transaction from......
Nium Raises US$200+ Million Series D and Becomes First Global B2B Payments Unicorn from Southeast Asia
B2B Banking Digital Payments News

Nium Raises US$200+ Million Series D and Becomes First Global B2B Payments Unicorn from Southeast Asia

Fintech News Desk
by Fintech News Desk0
Company valuation soars above US$1 Billion with capital raised to accelerate its product roadmap and drive global expansion Nium, a leading global B2B payments platform, announced it has raised a US$200+ million Series D round led by Riverwood Capital – a U.S.-based high-growth tech investor. Temasek, Visa, Vertex Ventures, Atinum Group of......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Banking Cryptocurrency Fintech InsurTech News

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

Fintech News Desk
by Fintech News Desk0
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......
Taboola Acquiring Connexity, Bringing Personalized e-Commerce Recommendations To The Open Web
E-commerce News

Taboola Acquiring Connexity, Bringing Personalized e-Commerce Recommendations To The Open Web

Fintech News Desk
by Fintech News Desk0
Taboola, a global leader in powering recommendations for the open web, helping people discover things they may like, announced that it has entered into a definitive purchase agreement to acquire Connexity from Symphony Technology Group for approximately $800 million. Connexity is one of the largest independent e-Commerce media platforms in......
corescientific
Blockchain DeFi News

Core Scientific, The Largest Blockchain Hosting Provider And Digital Asset Miner In North America

Fintech News Desk
by Fintech News Desk0
– Core Scientific is a 100% net carbon neutral, vertically integrated blockchain infrastructure and mining company. – Core Scientific mined 928 BTC in Q2 2021, and 1,683 BTC in the first half of 2021. – Core Scientific anticipates fiscal year 2021 revenue of $493 million and adjusted EBITDA of $203......
Kin, the Only Pure-Play Direct-to-Consumer Home Insurance Technology Company, to Go Public
InsurTech News

Kin, the Only Pure-Play Direct-to-Consumer Home Insurance Technology Company, to Go Public

Fintech News Desk
by Fintech News Desk0
Kin Insurance, Inc. and Omnichannel Acquisition Corp. (NYSE: OCA) Enter Into Business Combination Agreement; Transaction Implies An Approximate $1.03 Billion Combined Company Pro Forma Enterprise Value Kin Also Announces Plans for National Expansion; Signs Agreement to Acquire Inactive Insurance Carrier with Licenses in More than 40 States Kin’s Proprietary Technology......
Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1 Billion in Capital
Cryptocurrency Digital Fintech News

Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1 Billion in Capital

Fintech News Desk
by Fintech News Desk0
– Circle to become public via a business combination with Concord Acquisition Corp (NYSE: CND), a publicly-traded special purpose acquisition corporation with $276 million in trust. – The transaction values Circle at $4.5 billion. Upon completion of the transaction, existing Circle shareholders will maintain approximately 86% ownership of the public......
First Bancorp to Acquire Select Bancorp, Inc.
Banking News

First Bancorp to Acquire Select Bancorp, Inc.

Fintech News Desk
by Fintech News Desk0
First Bancorp, the parent company of First Bank, and Select Bancorp, Inc., the parent company of Select Bank and Trust Company (“Select Bank”), announced the signing of a definitive merger agreement under which First Bancorp will acquire Select in an all-stock transaction with a total current value of approximately $314.3......
Apex Fintech Solutions Listed as One of the World’s Most Innovative Tech Solution Providers on FinTech Global’s WealthTech100 List
Finance Fintech News

Apex Fintech Solutions Listed as One of the World’s Most Innovative Tech Solution Providers on FinTech Global’s WealthTech100 List

Fintech News Desk
by Fintech News Desk0
The recognition underscores Apex’s commitment to driving the modernization of the financial services industry Apex Clearing Corporation, the “fintech for fintechs” powering innovation and the future of digital wealth management, announced that it has been named to FinTech Global’s 2021 WealthTech100 list. The prestigious list recognizes the world’s most innovative......
Hippo Scales Technology Team with New Leadership Appointments
InsurTech News

Hippo Scales Technology Team with New Leadership Appointments

Fintech News Desk
by Fintech News Desk0
Seasoned Leaders will Drive Hippo’s Information Systems, Data Science & Analytics, Cloud Infrastructure, and Engineering Platforms as the Company Scales to Reach Millions More Homes Hippo, the home insurance group that created a new standard of care and protection for homeowners, today announced new leadership to its technology team led......
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