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Business Capital Markets News

Thomson Reuters Completes Acquisition Of SurePrep, LLC

Fintech News Desk
by Fintech News Desk0
Thomson Reuters Corporation announced it has closed on its previously announced acquisition of SurePrep, LLC (“SurePrep”), a US-based leader in 1040 tax automation software and services. On November 11, 2022, Thomson Reuters announced that it had reached a definitive agreement to acquire SurePrep for $500 million in cash. SurePrep is a California-based company that helps......
Banking Fintech News Technology

KYC Compliance For Specialized Bank By Startups

Fintech Staff Writer
by Fintech Staff Writer0
After receiving the first ever issued EU specialized banking license, the Lithuanian boutique bank is in its hypergrowth stage. As guaranteed by mano.bank, prior to taking care of business with iDenfy, the objective was to proceed to give the accommodation of use without settling for less on the experience for......
Fintech News

Save Launches The First Esg-focused Savings Program In The U.S.

Fintech News Desk
by Fintech News Desk0
Save®, a fintech company that helps people earn higher yields on their spending and savings, announced that it has added a new Environmental, Social, and Governance (ESG) portfolio that provides a yield from, amongst other ETFs, the iShares ESG Aware ETFs. Assets in global sustainable funds were at $2.24 trillion at......
LIAPP To Expand Presence in Asia's Fastest Growing Economies, Accelerating Digitalization and Financial Inclusion
Fintech News Security

LIAPP To Expand Presence in Asia’s Fastest Growing Economies, Accelerating Digitalization and Financial Inclusion

Fintech News Desk
by Fintech News Desk0
LIAPP (Lockin App Protector), the flagship mobile application cybersecurity service of South Korea-based firm Lockin Company, has announced plans to expand its presence in Southeast Asia by working with financial institutions and fintech firms to accelerate the secure digitalization of financial services. This creates a more financially inclusive society for underserved......
Blockchain News

The Carbon Blockchain Expands In Africa

Fintech News Desk
by Fintech News Desk0
The Carbon Blockchain, Inc. (TCB), a carbon finance and technology services company that produces high-integrity carbon credits has announced the acquisition of Minerva Green.  Minerva Green is a South African agriculture group specializing in the development of proprietary, indigenous African hemp strains.  The acquisition will drive the expansion of industrial hemp cultivation throughout Africa and......
B2B Markets News

Grove Announces Refinancing Of Existing Debt, Extending Maturity With Principal Payments Beginning in 2025

Fintech News Desk
by Fintech News Desk0
Grove Collaborative Holdings, Inc. , a leading sustainable consumer products company and certified B Corp™, today announced that it has entered into a new Loan and Security Agreement (the “Loan Agreement”) providing for a four-year $72.0 million term loan. “This transaction aligns our capital structure to our ongoing improvements to......
Banking Finance News

Akulaku Announces $200 Million Investment From MUFG

Fintech News Desk
by Fintech News Desk0
Akulaku (“the Company”), a leading banking and digital finance platform in Southeast Asia, announced a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG). The investment provides additional support for Akulaku’s projected growth as it advances towards its mission of providing banking services across Southeast Asia with an emphasis on reaching underserved......
iM Global Partner Announces Strategic Investment in Berkshire Asset Management
Investment Services News

iM Global Partner Announces Strategic Investment in Berkshire Asset Management

Fintech News Desk
by Fintech News Desk0
iM Global Partner, a leading global asset management network, announced the acquisition of a strategic, non-controlling stake in Berkshire Asset Management (“Berkshire”), which becomes iM Global Partner’s 9th Partner. Through this strategic partnership, Berkshire joins iM Global Partner’s extensive global asset management family and distribution network. Located in Wilkes-Barre, Pennsylvania, Berkshire is an independent......
B2B Finance News Technology

Dapps, Raises Pre-Seed Funding For India’s First Web3 App Store

Fintech Staff Writer
by Fintech Staff Writer0
Dapps, India’s first app store exclusively for web3 apps, announced that it has raised pre-seed funding from industry stalwarts like Shardeum founder Nischal Shetty, Anshul Dhir – Founder, EasyFi, Ajeet Khurana – Marquee angel investor, Keyur Shah – ex-CFO, Polygon, Prasoon Aggrawal – Founder, Born to Die, Saurabh – Prominent......
Cloud News

CGTrader Building A Foundation For The Metaverse

Fintech News Desk
by Fintech News Desk0
In response to the growing demand for 3D models that are optimized for use in virtual reality environments, CGTrader, the world’s largest marketplace for 3D content, is building processes that will encourage creation of 3D model “building blocks” of the system and make it simpler and faster for companies developing metaverse......
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