Search Results for: equity

Simpler Trading Accelerates Expansion Plans with ZMC Partnership
News Trading

Simpler Trading Accelerates Expansion Plans with ZMC Partnership

Fintech News Desk
by Fintech News Desk0
Strategic Investment from ZMC will Support Simpler Trading’s Growth in Content Offerings and Technology Simpler Holdings, LLC announced that affiliates of private equity firm ZMC have invested in the Company to help accelerate its growth and expand key technology and offerings to assist individual traders with their investment goals. Founded......
WSFS Financial Corporation Completes Acquisition Of Bryn Mawr Bank Corporation and Welcomes Three New Board Members
Fintech News

WSFS Financial Corporation Completes Acquisition Of Bryn Mawr Bank Corporation and Welcomes Three New Board Members

Fintech News Desk
by Fintech News Desk0
WSFS Financial Corporation, the parent company of WSFS Bank, completed the acquisition of the Bryn Mawr Bank Corporation, and its primary subsidiary, The Bryn Mawr Trust Company (“Bryn Mawr Trust”), as of January 1, 2022. In addition, in accordance with the merger agreement between WSFS and Bryn Mawr, Frank J.......
AXS Investments Enters ETF Space with AXS Astoria Inflation Sensitive ETF (PPI)
Investments News

AXS Investments Enters ETF Space with AXS Astoria Inflation Sensitive ETF (PPI)

Fintech News Desk
by Fintech News Desk0
Latest move in the AXS ETF business expansion for the innovative provider of alternative strategies AXS Investments, a leading asset manager providing access to alternative investments for growth, income and diversification, is launching its first Exchange-Traded Fund (ETF): the AXS Astoria Inflation Sensitive ETF (PPI). PPI is a multi-asset ETF......
Majic Acquires 26% Stake in Bamboo at Us$126 Million Post Money Valuation
Fintech News

Majic Acquires 26% Stake in Bamboo at US$126 Million Post Money Valuation

Fintech News Desk
by Fintech News Desk0
Majic Wheels, Corp., a Delaware corporation, that is positioning itself as a player in the disruptive industries of fintech and software development by means of acquisitions, announced the closing of the previously announced Bamboo Wellness Holdings Limited acquisition of 26% equity stake at a post money valuation of US$126 Million.......
Prop Trading Firm SurgeTrader Offers Traders Expanded Trading Capabilities With MetaTrader 5 Platform
Fintech News Trading

Prop Trading Firm SurgeTrader Offers Traders Expanded Trading Capabilities With MetaTrader 5 Platform

Fintech News Desk
by Fintech News Desk0
Florida-based proprietary trading firm SurgeTrader gives traders the power of choice and adds multi-asset platform MetaTrader 5 as an option for traders — providing market access to over 500 CFD equities and cryptocurrencies Proprietary trading firm SurgeTrader announced that it has added MetaTrader 5 (MT5) as an available trading platform, in addition......
First Western Financial, Inc. Completes Acquisition of Teton Financial Services
Banking News

First Western Financial, Inc. Completes Acquisition of Teton Financial Services

Fintech News Desk
by Fintech News Desk0
Merger brings added scale, expanded product mix, and increased lending opportunities to the Wyoming market First Western Financial, Inc., parent company of First Western Trust Bank, (the Bank), announced the completion of its acquisition of Teton Financial Services, Inc. (Teton Financial Services), parent company of Rocky Mountain Bank, effective December......
BitNile Holdings Obtains $52.2 Million in Secured Debt Financing
Fintech News

BitNile Holdings Obtains $52.2 Million in Secured Debt Financing

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company announced that it has sold $58.4 million of principal face amount 10% Original Issuance Discount Promissory Notes to sophisticated investors for $52.2 million The Notes are due and payable on March 31, 2022, accrue interest at the rate of 8% per annum and......
The ODP Corporation Announces Sale Of Its CompuCom Subsidiary in Transaction Valued Up To $305 Million
Artificial Intelligence Digital News

The ODP Corporation Announces Sale Of Its CompuCom Subsidiary in Transaction Valued Up To $305 Million

Fintech News Desk
by Fintech News Desk0
Existing share repurchase authorization increased by $200 million The ODP Corporation , a leading provider of business services, products, and digital workplace technology solutions through an integrated B2B distribution platform, announced that it has sold its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction valued up......
BitNile Holdings Obtains $52.2 Million in Secured Debt Financing
Fintech News

BitNile Holdings, Through Its Subsidiary Ault Alliance, Acquires Property For $15.5 Million For Multifamily Project In Florida

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company announced that its subsidiary, Ault Alliance, Inc. has, through its subsidiary Ault Global Real Estate Equities, Inc. (“AGREE”), acquired a property in St. Petersburg, FL for $15.5 million that will be used for the development of a high-rise multi-family project. The property is......
Velocity Financial Acquires Majority Interest in Century Health & Housing Capital
Lending Mortgage News

Velocity Financial, Inc. Acquires Majority Interest in Century Health & Housing Capital

Fintech News Desk
by Fintech News Desk0
Velocity Financial, Inc., a leading provider of small balance investor loans, announced it has acquired a majority stake in Century Health & Housing Capital. “Velocity’s national footprint and operational capabilities will significantly expand our ability to grow customer relationships and origination volume.” Founded in 1992, Century is a licensed “Ginnie......
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