Search Results for: digitalization

PSG Equity Holds Final Close of Second European Fund at more than €2.6 Billion
Fintech News

PSG Equity Holds Final Close of Second European Fund at more than €2.6 Billion

Business Wire
by Business Wire0
Commitments to second fund significantly exceed size of PSG Europe I, following strong demand from both new and existing limited partners Ongoing digitalization of the economy combined with fragmented nature of the European market continues to present significant investment opportunities in the software sector PSG has one of the largest......
Gulfport Energy Announces Pricing of Block Trade of 653,464 Shares of Common Stock by Selling Stockholders
Fintech News

Weatherford Announces $550 Million Credit Facility with $300 Million Borrowing Capacity

GlobeNewswire
by GlobeNewswire0
Weatherford International plc announced a five-year credit facility that is effective with aggregate commitments of $550 million. The facility is comprised of a $250 million tranche available for performance letters of credit and a $300 million tranche available as a cash revolver. There is also the optionality of a $200......
BB Energy Successfully Renews and Expands its Digital Borrowing Base Credit Facility to USD 600 Million
News Trading

BB Energy Successfully Renews and Expands its Digital Borrowing Base Credit Facility to USD 600 Million

PR Newswire
by PR Newswire0
BB Energy, a leading global independent energy trading company, has successfully renewed and expanded its senior secured borrowing base credit facility (the ‘Facility’) in the Americas. The Facility finances the company’s working capital needs for inventory and receivables in the region. The Facility was launched at US $500 million and subsequently increased......
Digital Payments Featured Fintech Primers

What Are The Cross-Border Payments In LATAM?

Pooja Choudhary
by Pooja Choudhary0
Introduction One of the fastest-growing economies, Latin America has great promise as a future economic powerhouse in the region. Increased digitalization and a priority on rapid infrastructure development, in particular, to update national and international financial systems, are driving this shift. Nium estimates that $14T in payments have been made......
Digital Payments Featured Fintech Primers

What Are the Cross-Border Payments In Europe?

Pooja Choudhary
by Pooja Choudhary0
Introduction Euro-denominated cross-border transactions significantly outnumber those denominated in other EU currencies. In 19 EU countries, the Euro can be used for purchases, money transfers, and cash withdrawals. Typically, only one member state is involved in a transaction denominated in a currency used within the Union. Over the past year,......
ExxonMobil Announces Merger with Pioneer Natural Resources in an All-Stock Transaction
Fintech Investments News

ExxonMobil Announces Merger with Pioneer Natural Resources in an All-Stock Transaction

Business Wire
by Business Wire0
Transforms ExxonMobil’s upstream portfolio, more than doubling the company’s Permian footprint and creating an industry-leading, high-quality, high-return undeveloped U.S. unconventional inventory position Expect to generate double-digit returns by recovering more resource, more efficiently and with a lower environmental impact Combines Pioneer’s sizeable acreage, entrepreneurial culture and deep industry expertise with......
Newrez Launches New Joint Venture Lender, Onward Home Mortgage
Lending Mortgage News

Newrez Launches New Joint Venture Lender, Onward Home Mortgage

Business Wire
by Business Wire0
Marking an exciting new chapter for homebuyers in the southeast. Newrez, a national mortgage lending and servicing organization, has launched a new joint venture mortgage company, Onward Home Mortgage, through their Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group (GLG). Latest Fintech Interview Insights : Bridging......
MarketAxess Launches Open Trading® for Emerging Market Local Currency Bonds
News Trading

MarketAxess Launches Open Trading for Emerging Market Local Currency Bonds

Business Wire
by Business Wire0
MarketAxess Holdings, the operator of a leading electronic trading platform for fixed-income securities, announced that it has enhanced its award-winning Emerging Markets (EM) trading product with the launch of Open Trading for local currency bonds. The first tranche of local currency markets to be supported are Poland (PLN), Czech Republic......
Toku And Quantstamp Partner to Enhance Security and Payroll Practices in Web3
News Security

Toku And Quantstamp Partner to Enhance Security and Payroll Practices in Web3

Business Wire
by Business Wire0
Toku and Quantstamp, two leading companies serving the web3 industry, are excited to announce a strategic partnership that brings security audits and compensation tax audits together as part of a bundled service to provide blockchain companies with seamless support to power their businesses. Latest Fintech Interview Insights : Bridging the Labor Gap......
UK Fintech Gemba Chooses ThetaRay for its AML Program to Support Global Growth
Banking Digital Payments News

UK Fintech Gemba Chooses ThetaRay for its AML Program to Support Global Growth

Business Wire
by Business Wire0
ThetaRay’s AI-powered AML transaction monitoring and customer screening solution will replace Gemba’s previous rules-based system to turbocharge growth while significantly reducing false positives, increasing detection-worthy cases and reducing investigation time Gemba Finance, a leading provider of innovative banking and financial management solutions, and ThetaRay, the leader in next-generation AI-powered trusted global......
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