Search Results for: digital finance

Al Rajhi Bank Malaysia Selects Thought Machine to Build a State-Of-The-Art Islamic Digital Bank
Banking News

Al Rajhi Bank Malaysia Selects Thought Machine to Build a State-Of-The-Art Islamic Digital Bank

Fintech News Desk
Al Rajhi Bank Malaysia (ARBM), a wholly-owned subsidiary of the world’s largest Islamic bank by assets, Al Rajhi Bank of the Kingdom of Saudi Arabia (KSA), has selected Thought Machine, the cloud native core banking technology firm, to power their upcoming next-generation digital bank and strengthen their position as a......
Lument Closes $43.2 Million Fannie Mae Refinance For Multifamily Community In Indiana
Finance News

Lument Closes $43.2 Million Fannie Mae Refinance For Multifamily Community In Indiana

Fintech News Desk
Lument has provided a Fannie Mae conventional loan in the amount of $43.2 million to refinance Gardens of Canal Court, a 421-unit garden-style apartment community in Indianapolis, Indiana. Lument’s James Kress and Jim Croft led the transaction. Latest Fintech Insights: BlockFi Selects Bermuda to Expand Global Operations Footprint with New Digital Asset Business License “The successful closing allowed......
Basicblock Raises $78 Million To Reshape Trucking Finance
Finance Fintech News Technology

Basicblock Raises $78 Million To Reshape Trucking Finance

Fintech News Desk
BasicBlock Inc., a financial technology company that is reshaping financing options for the trucking industry, announced a $78 million debt and equity raise, to fuel expanded services, client support and employment opportunities throughout the U.S. Lead investors and lenders in the round include Autotech Ventures, Clear Haven Capital Management, Emergent Ventures, and Nelnet alongside continued investment from Revolution’s......
BlockFi Selects Bermuda to Expand Global Operations Footprint with New Digital Asset Business License
Digital Asset Management News

BlockFi Selects Bermuda to Expand Global Operations Footprint with New Digital Asset Business License

Fintech News Desk
BlockFi will service all non-U.S. clients under the “Class F” Digital Assets Business License from Bermuda BlockFi, a crypto financial services company, is pleased to announce that the Bermuda Monetary Authority has granted its Bermuda subsidiary, BlockFi International Ltd., a “Class F” Digital Assets Business License. With this license, BlockFi will centralize......
Seadrill New Finance Limited (To Be Renamed Paratus Energy Services Ltd.) (The “Issuer”) Announces Emergence From Chapter 11
Finance News

Seadrill New Finance Limited (To Be Renamed Paratus Energy Services Ltd.) (The “Issuer”) Announces Emergence From Chapter 11

Fintech News Desk
Seadrill Limited (“Seadrill” or the “Company”) and the Issuer announce that the Issuer has emerged from chapter 11 after successfully completing its pre-packaged restructuring pursuant to its chapter 11 plan of reorganization (the “Plan”). Latest Fintech Insights: CryptGain Introduces Attractive Margin Loans to Account Holders As previously announced, the Plan was......
Embedded Finance Startup Falcon Appoints Ex-banker Chinmaya Desai As Chief Business Officer Ahead Of Its Next Growth Phase
Finance Fintech Startups News

Embedded Finance Startup Falcon Emerges From Stealth; To Hit $30m Revenue by March ‘23

Fintech News Desk
●       Syndicate of global marquee investors back the full stack issuance platform Embedded Finance startup Falcon has launched in India, announcing its target of hitting $30M revenue by March 2023. Falcon has already received backing from a number of all-star investors from the USA, India, and the Middle East, indicating interest......
Leading Institutional Digital Asset Custodian Komainu Appoints Matthew Chamberlain As New Chief Executive
Digital Asset Management News

Leading Institutional Digital Asset Custodian Komainu Appoints Matthew Chamberlain As New Chief Executive

Fintech News Desk
Former CEO of the London Metal Exchange will be instrumental in building on Komainu’s continued success and driving convergence between worlds of traditional and decentralised finance Komainu, a regulated institutional-grade digital asset custody services provider safeguarding over US$5bn in assets, announced the appointment of Matthew Chamberlain as its Chief Executive Officer. For the......
Marco Financial Partners with DP World to Finance Trade For SMEs
Finance Fintech News

Marco Financial Partners with DP World to Finance Global Trade For SMEs

Fintech News Desk
Marco’s tech-enabled trade finance platform is now an authorized lender for CARGOES Finance By DP World, providing SME exporters with rapid access to working capital that helps close the $1.7 trillion global trade finance gap in emerging markets Marco, the first tech-enabled trade financing platform built for small and medium-sized......
Wolters Kluwer Compliance Solutions and Floify Announce Collaboration for eNote Digital Signature Closings
Lending Mortgage News

Wolters Kluwer Compliance Solutions and Floify Announce Collaboration for eNote Digital Signature Closings

Fintech News Desk
Product integration provides Floify customers with Wolters Kluwer eOriginal’s leading digital mortgage promissory eNote technology to expedite mortgage e-closings Wolters Kluwer Compliance Solutions and Floify, a leading point-of-sale solution in the mortgage industry and subsidiary of Porch Group, Inc., are collaborating to leverage the capabilities of Wolters Kluwer’s eOriginal product suite, the trusted......
Soma.finance Closes $6.5 Million Seed Round Led By Animoca Brands
Finance News

Soma.finance Closes $6.5 Million Seed Round Led By Animoca Brands

Fintech News Desk
SOMA.finance is a Compliant Multi-Asset Decentralized Exchange and Issuance Platform, Which Launches as a Joint Venture Between MANTRA DAO and Tritaurian Holdings SOMA.finance to Provide Retail and Institutional Investors Compliant Trading and Listing of NFTs, Tokens and Digital Assets; to Provide Airdrops, Burns, Buybacks and Much More SOMA Finance, LLC......
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