Search Results for: equity investment

Petal Closes New $200 Million Debt Facility from Victory Park Capital, Raises Additional Debt and Equity Funding
Banking Fintech Investment Services Mobile Banking News

Petal Gets $125m Debt Facility

Fintech News Desk
Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has closed a new committed debt facility –totaling more than $125 million– that will enable the company to expand and support the fast-growing Petal credit card program. Read More: Aurora......
Early Warning Services and The Clearing House Now Enable Zelle Payments on the RTP Network
Artificial Intelligence Business Fintech News Risk Management

Neuravest Research Launches to Meet Growing Institutional Demand for Performance-Boosting AI-Driven Portfolios

Fintech News Desk
Neuravest Research, a provider of AI-driven investment solutions for institutional investors, today announced the public launch of its portfolio construction and management platform, designed to help asset managers deliver superior fund performance through algorithmic portfolios using best-in-class alternative data and AI technology. Neuravest Research is a successor company to Lucena......
Linkly Appoints New CEO, Frerk-Malte Feller
Fintech InsurTech Investment Services News Risk Management

Linkly Appoints New CEO, Frerk-Malte Feller

Fintech News Desk
Former Afterpay Global COO perceives exceptional potential in Australian fintech company Former Senior Executive for eBay, PayPal and, most recently, Global COO for Afterpay, Frerk-Malte Feller, has been appointed CEO of Australian fintech company, Linkly. Read More: GlobalFintechSeries Interview with Rohit Arora, CEO at Biz2Credit “I’m delighted to be joining an......
Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds
Artificial Intelligence Blockchain Capital Markets Cloud Cryptocurrency Digital Fintech News

Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds

Fintech News Desk
Widening gap emerges between Leaders and Non-leaders Leading firms to allocate nearly 20% of global IT budgets to next-generation technologies by 2023 Over half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies such as AI, blockchain, the Cloud and digital,......
Coinbase Files For Public Direct Listing
Business Fintech Fintech Funding News Risk Management

Aviva Approves Sale Of It’s French Business For €3.2 Billion

Fintech News Desk
Aviva’s strategic transformation to focus on its strongest businesses in the UK, Ireland and Canada has taken a major step forward with the sale1 of Aviva France to Aéma Groupe for €3.2bn2 in cash. Key highlights: 1. Significantly strengthens Aviva’s capital and liquidity with an increase in excess capital3 of c. £2.1bn and......
JP Morgan Invests in Zanbato
Fintech Investment Services News

JP Morgan Invests in Zanbato

Fintech News Desk
Financial technology company Zanbato is pleased to announce it has secured a strategic investment from global financial services leader, J.P. Morgan. Read More: GlobalFintechSeries Interview with Steven McKean, Co-founder and CEO at ApexEdge The investment marks the first step in further aligning Zanbato’s ZX platform with its membership through equity......
TIS Kicks Off New Year in the US with Key New Hire, New Funding and New Business
Business Fintech Fintech Funding Investment Services News

TIS Kicks Off New Year in the US with Key New Hire, New Funding and New Business

Fintech News Desk
Names Chris Calhoun as CEO of TIS in the Americas TIS (Treasury Intelligence Solutions Inc), a leading cloud platform vendor for corporate payments, announced today that it has appointed Chris Calhoun as CEO, Americas, as part of its commitment to its strategic focus on the US market. Read More: MiMo......
Borrowell Raises $25 Million In New Funding And Completes Acquisition Of Refresh Financial
Digital Fintech InsurTech Investment Services News

Borrowell Raises $25 Million In New Funding And Completes Acquisition Of Refresh Financial

Fintech News Desk
Additional funds will accelerate growth of Borrowell’s 1.5+ million member base and development of new products and services for consumers looking to achieve their financial goals Borrowell, Canada’s leading credit education company and one of its largest financial technology (fintech) companies, today announced it has completed the acquisition of Refresh......
Lion Announces Strategic Partnership With Grandshores Technology
Banking Business Fintech InsurTech News Risk Management Trading

Lion Announces Strategic Partnership With Grandshores Technology

Fintech News Desk
Lion Group Holding Ltd. (“Lion” or “the Company”) operator of an all-in-one trading platform that offers a wide spectrum of products and services with a focus on Chinese investors, today announced a strategic partnership with Grandshores Technology Group Limited (“Grandshores Technology”). Read More:  Hacking Insurance to be 10x Faster Royal Lion......
Astra Unveils Transfer Automation Platform for Banks and Fintechs
Business Fintech InsurTech News

Zurich Invests In Insurtech Startup My Policy

Fintech News Desk
My Policy, a leading UK provider of data analytics and telematics insurance, announces today an investment by Zurich Group, as part of which Zurich will become a long-term insurance capacity provider, joining an existing panel of insurers to enable rapid growth of My Policy’s recently launched usage-based insurance (“UBI”) product,......
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