Search Results for: financial services sector

Peak Fintech Acquires Minority Stake in China UnionPay Subsidiary
Fintech News

Peak Fintech Acquires Minority Stake in China UnionPay Subsidiary

Fintech News Desk
by Fintech News Desk0
Peak Fintech Group Inc., an innovative Fintech service provider to the Chinese commercial lending sector, today announced that it has acquired a minority stake in China UnionPay subsidiary Rongbang Technology Ltd. (“Rongbang”). Earlier this year, Peak signed an agreement with Rongbang that allows Peak to use the China UnionPay network to provide fund......
Fireblocks Solidifies Unicorn Status with $310 Million Series D at $2 Billion Valuation
Banking Blockchain Digital Asset Management Featured Fintech News

Fireblocks Solidifies Unicorn Status with $310 Million Series D at $2 Billion Valuation

Fintech News Desk
by Fintech News Desk0
New injection of funds from renowned investors comes as the world’s biggest financial institutions opt for Fireblocks’ enterprise-grade platform to meet new customer demand for digital assets Fireblocks, the preeminent platform that empowers the entry of traditional institutions into the digital asset space, announced it has raised $310 million in Series......
Fintech Wirex Appoints Diana Carrasco-Vime as First Non-Executive Director
Banking Digital Payments Fintech News

Fintech Wirex Appoints Diana Carrasco-Vime as First Non-Executive Director

Fintech News Desk
by Fintech News Desk0
Wirex, the leading payments platform, has hired Diana Carrasco-Vime as their first Non-Executive Director. The Head of Risk for Digital Channels at Lloyds Banking Group will bring her vast experience to help the company move to the next level as it endeavours to become the go-to digital payments platform for......
TIE Kinetix Delivers Electronic Invoicing Solution to Rabobank
DeFi Digital Digital Payments Finance Fintech News

TIE Kinetix Delivers Electronic Invoicing Solution to Rabobank

Fintech News Desk
by Fintech News Desk0
TIE Kinetix  announced that they have entered a five-year contract with the second largest Dutch bank, Rabobank, to facilitate 100% supply chain digitalization with their FLOW Partner Automation platform. The initial contract size exceeds €500,000 and includes a phased onboarding approach to enable electronic invoicing with approximately 23,000 suppliers. The......
Award-Winning Point-of-Sale Fintech Platform LendingUSA Closes $200 Million Senior Credit Facility From Atalaya and Credit Suisse
Fintech News

Award-Winning Point-of-Sale Fintech Platform LendingUSA Closes $200 Million Senior Credit Facility From Atalaya and Credit Suisse

Fintech News Desk
by Fintech News Desk0
The new credit facility will help LendingUSA expand its products and services to fuel its future growth LendingUSA, a leading provider of point-of-sale financing, has closed a new credit facility of $200 million from Atalaya Capital Management and Credit Suisse. Sector Financial Inc., an affiliate of Credit Suisse, provided access to the......
Israeli FinTech is Booming: H1/2021 Investments Climb by 260% Compared to H1/2020
Fintech News

Israeli FinTech is Booming: H1/2021 Investments climb by 260% compared to H1/2020

Fintech News Desk
by Fintech News Desk0
· VC funding hits $2.3B in the first half of 2021, surpassing the 2020 full year total by 28% · FinTech sector figures suggest 2021 will easily overtake 2020 in the number of funding rounds, mega-rounds, acquisitions, and IPOs · Demand for payment solutions grew to 35% of Israeli FinTech......
Peak Fintech Begins Acquisition Process of Banking AI Software Provider Zhongke with Transfer of IP Following Successful Pilot
Artificial Intelligence Banking Fintech News

Peak Fintech Begins Acquisition Process of Banking AI Software Provider Zhongke with Transfer of IP Following Successful Pilot

Fintech News Desk
by Fintech News Desk0
Peak Fintech Group Inc., an innovative Fintech service provider to the Chinese commercial lending sector, announced a major step in its pending acquisition of banking artificial intelligence software provider Zhongke Software Intelligence Ltd. (“Zhongke”) with the transfer of Zhongke IP to a Peak-controlled subsidiary. Peak originally announced its intention to acquire......
Fintech, Suits Me, Undergoes Major Digital Rebrand After Year of Growth
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Fintech, Suits Me, Undergoes Major Digital Rebrand After Year of Growth

Fintech News Desk
by Fintech News Desk0
Alternative banking solution, Suits Me, have transformed their brand identity with a brand-new logo and website. This new facelift represents the continual growth that the six-year-old fintech has experienced in the last year, and signifies a fresher, better, and faster user experience available to all account holders. Working in partnership with......
EU-Crypto Bank Launches New Website and Trading Platform
Cryptocurrency Digital Asset Management Investments Trading

EU-Crypto Bank Launches New Website and Trading Platform

Fintech News Desk
by Fintech News Desk0
As market conditions change on a frequent basis, a new type of online trading platform enters the sector. Online brokerage brand EU-Crypto Bank has announced the launch of its new website, including all infrastructure and the proprietary platform. According to the company, the most recent technologies and tools have been implemented into......
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