Search Results for: financial commitment
Citizens Announces $10 million Investment to Promote Social Equity and Advance Economic Opportunity in Underserved Communities
Citizens Financial Group, announced a $10 million commitment to promote social equity and drive economic advancement in underserved communities. This new investment will harness the bank’s resources, expertise and the unique strengths of its culture to help drive real and lasting progress across the communities it serves. It will build......
Orion Advisor Solutions and Brinker Capital to Merge With Support From Genstar Capital and TA Associates, Positioning the Combined Firm as a WealthTech Powerhouse
Orion Advisor Solutions, the premier provider of the tech-enabled fiduciary framework that empowers financial advisors to Prospect, Plan, Invest, and Achieve within a single, connected experience; and Brinker Capital, a premier investment management company serving advisors at insurance broker-dealers and independent broker-dealers; today announced they will join forces to create a......
WEX Announces a $400 Million Investment From Warburg Pincus and Amendment to the Credit Agreement
WEX Inc. a leading financial technology service provider, announced it has agreed to a $400 million dollar investment from an affiliate of Warburg Pincus LLC (together with its affiliate, “Warburg Pincus”) which includes convertible notes in an aggregate principal amount of $310 million and $90 million in common stock through......
IDEMIA and Treezor Launch the First Eco-Friendly Payment Card by Onlyone, a French Fintech Firm
IDEMIA teamed up with Treezor over three years ago to develop a broad range of groundbreaking products like metal cards and new look / new-feel cards – colored layers, bushed metal finish, transparent – targeting key French neobanks and fintechs. Read More: bitFlyer: Confidence in Cryptocurrency Increases Across European Populations......
CubeLogic Takes On Private Equity Investment to Accelerate Global Business Expansion
Growth Capital Partners (GCP) takes a minority shareholding in the business CubeLogic, the market leading provider of enterprise risk management solutions for the energy, commodities and financial markets announces that they have closed a significant minority investment deal with Growth Capital Partners (GCP) for an undisclosed amount. Read More: Healthfully......
Mastercard to Acquire Finicity to Advance Open Banking Strategy
Mastercard announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million, if performance targets......
Buy Now, Pay Later Leader Sezzle is Now a Public Benefit Corporation
Sezzle announced that it has changed its company charter, becoming a Public Benefit Corporation (PBC.) The designation enables the company to become the first PBC in the burgeoning “Buy Now, Pay Later” (BNPL) payments space. Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group Following stockholder approval......
BNY Mellon Investment Management and Wilshire Associates Launch Transformative Advisor-Focused Custom Target Date Platform
BNY Mellon Investment Management announced a new partnership with Wilshire Associates to launch the BNY Mellon Investment Management Custom Target Date Builder, a transformative advisor platform, which will provide more choice to the Target Date Fund business dominated by large fund providers. Retirement Plan Advisors will now be able to......
SIMON Announces Integration With EbixExchange’s AnnuityNet; Expands InsurTech Platform With New e-App Capabilities
SIMON Markets LLC and SIMON Annuities and Insurance Services LLC (“SIMON”) today announced integration with AnnuityNet, EbixExchange’s industry leading order-entry solution for annuity transactions. Designed to optimize advisor experience through increased efficiency and reduction of compliance risk, AnnuityNet fully automates the annuity transaction, including automated calculation of suitability scores and......