Search Results for: equity investment

HKD Group Hires New Head of M&A
Banking Fintech Investment Services News

HKD Group Hires New Head of M&A

Fintech News Desk
HKD Group, have announced today that Jarrod Aldridge has joined the firm as Head of M&A, replacing Ian McMahon who steps down after leading the firm’s M&A division over the last decade. Jarrod will focus on leading HKD Group’s rapidly growing investment banking practice in the Asia Pacific region. He......
Fintech Fintech Funding News

AppFolio Announces Sale of MyCase to Funds Advised by Apax Partners

Fintech News Desk
AppFolio, Inc. (NASDAQ: APPF) (“AppFolio” or the “Company”), a leading provider of cloud-based business software solutions, services and data analytics, today announced that it has entered into a definitive agreement to sell 100% of the equity interest of its wholly-owned subsidiary, MyCase, Inc., which provides legal practice and case management......
Salaryo Raises $5.8 Million to Provide COVID-19 Financing Relief for SMEs
Fintech Fintech Funding Fintech Startups Investment Services News

Salaryo Raises $5.8 Million to Provide COVID-19 Financing Relief for SMEs

Fintech News Desk
Total amount raised reaches $12 million; the fintech startup has processed over $60 million in loan applications year-to-date and plans to launch additional small business banking products in 2021 Salaryo, a pioneering fintech platform for U.S. freelancers and startups, announced it has raised a total of $5.8 million in funding......
Black Knight: Surge in Refinance Lending Driven by Record-Low Rates Leads to Largest Quarterly Volume on Record; Just 18% of All Refinancing Borrowers Retained by Servicers
Fintech News

Black Knight: Surge in Refinance Lending Driven by Record-Low Rates Leads to Largest Quarterly Volume on Record; Just 18% of All Refinancing Borrowers Retained by Servicers

Fintech News Desk
– Q2 2020 saw the largest quarterly origination volume on record with nearly $1.1 trillion in first lien mortgages originated in the quarter – Refinance lending was up more than 60% from Q1 2020 and more than 200% from the same time last year, accounting for nearly 70% of all......
A-Team Group Recognizes ICE Data Services as Best Pricing and Valuations Data Provider
Currency Exchange Fintech Investment Services News

Intercontinental Exchange Completes Acquisition of Ellie Mae from Thoma Bravo

Fintech News Desk
Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, announced that it has received regulatory approval and fully completed its $11 billion acquisition of Ellie Mae from leading private equity firm Thoma Bravo. Read More: COVID-19 and Automation are......
Bardin Hill Elevates Operations with SS&C Technologies
Fintech Investment Services News

Bardin Hill Elevates Operations with SS&C Technologies

Fintech News Desk
Credit manager selects Eze OMS for trading, upgrades Geneva® for portfolio accounting SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Bardin Hill Investment Partners, a credit-focused investment management firm with more than $8.5 billion in assets under management, has chosen Eze OMS to manage its fixed income strategies. The firm also implemented the......
Jonathan DeSimone Appointed New CEO Of Alcentra
Fintech Investment Services News

Jonathan DeSimone Appointed New CEO Of Alcentra

Fintech News Desk
Alcentra, one of the world’s largest managers of private debt with over US$40 billion1 of assets under management and part of BNY Mellon Investment Management, announced today the appointment of Jonathan DeSimone as its CEO and to the Alcentra Board of Directors, subject to Financial Conduct Authority (“FCA”) approval in......
Truist Insurance Continues Its Expansion with the Acquisition of Insurtech Wellington
Fintech News

Truist’s First Corporate Social Responsibility Report Highlights Significant Merger, Diversity Commitments

Fintech News Desk
Truist Financial Corporation (NYSE: TFC) today released its first Corporate Social Responsibility (CSR) Report following the historic merger of equals between BB&T and SunTrust in December of last year. The report reveals the new company’s near and long-term approaches for its economic and environmental, social and governance (ESG) impact. Read......
Neon Receives $300 Million From General Atlantic, Vulcan Capital, Funds and Accounts Managed by BlackRock, BBVA, and PayPal Ventures in Series C Funding Round
Fintech Investment Services News

Neon Receives $300 Million From General Atlantic, Vulcan Capital, Funds and Accounts Managed by BlackRock, BBVA, and PayPal Ventures in Series C Funding Round

Fintech News Desk
Neon Pagamentos, a leading Brazilian fintech, has secured a Series C investment of $300 million led by General Atlantic, a leading global growth equity firm. New investors participating in the round include funds and accounts managed by BlackRock, as well as Vulcan Capital, PayPal Ventures, and Endeavor Catalyst, in addition to former investors Monashees and Flourish Ventures. BBVA......
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......
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