Search Results for: infrastructure investments

New DFC and Mastercard Collaboration to Provide up to $50 Million in Potential Financing to Enable Digitization
Finance News

New DFC and Mastercard Collaboration to Provide up to $50 Million in Potential Financing to Enable Digitization

Fintech News Desk
by Fintech News Desk0
At the close of the U.S.-Africa Leaders Summit, U.S. International Development Finance Corporation (DFC) and Mastercard announced a collaboration to increase support to financial institutions, agricultural and technology companies, and other businesses engaged with Mastercard Community Pass, a digital platform designed to address infrastructure challenges that arise in digitizing rural communities,......
Lincoln Financial Group Announces Launch of Financial Wellness Marketplace for Employer Customers
Finance News

Lincoln Financial Group Announces Launch of Financial Wellness Marketplace for Employer Customers

Fintech News Desk
by Fintech News Desk0
Available through Lincoln’s proprietary WellnessPATH solution, the marketplace will connect employees with financial wellness resources, starting with student debt solutions in 2023 Lincoln Financial Group’s Workplace Solutions business announced an expansion of its financial wellness program with the launch of a new marketplace that connects individuals with partner companies that offer......
B2B Fintech News

BitNile Holdings Obtains $14.7 Million In Secured Debt Financing To Support Private Equity Investment

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company (“BitNile” or the “Company”) announced today that it borrowed $14.7 million of principal amount of a secured promissory note (the “Note”) from an accredited investor and shareholder. The Note matures on March 16, 2023, although if the Company repays at least $12 million......
Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services
Finance News

Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services

Fintech News Desk
by Fintech News Desk0
Nearly $6 billion credit union continues to grow personalized and innovative wealth management services for its members through partnership with CFS CUSO Financial Services, L.P. (CFS), a subsidiary of Atria Wealth Solutions, and Wescom Credit Union (Wescom) announced that Wescom Financial Services (WFS) will transition its broker-dealer services to CFS under a dual program......
CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy
Finance News

CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Energy LLC , a leading developer of distributed community energy projects in the New York City metro region. NineDot Energy, a portfolio company of the global......
Digital Asset Management News

Tetra Trust announces partnership with MeetAmi Innovations To Deliver Turnkey Solution For Digital Asset Investing To Wealth Managers

Fintech News Desk
by Fintech News Desk0
Tetra Trust Company (“Tetra Trust”) and MeetAmi Innovations Inc. (“MeetAmi”) announced a partnership to offer a turnkey solution to Canada’s wealth management market, offering the ability to invest in Digital Assets and hold the asset base with a qualified Canadian custodian. The collaboration delivers Canada’s only regulated and compliant Digital......
Syncfy Raises $10 Million in Seed Funding led by Point72 Ventures to Build Open Finance Platform
Finance Fintech Funding News

Syncfy Raises $10 Million in Seed Funding led by Point72 Ventures to Build Open Finance Platform

Fintech News Desk
by Fintech News Desk0
The funding will be used for geographic expansion and to launch new product offerings in data aggregation, enrichment, and analytics as well as payments infrastructure Syncfy, a leading open finance platform in Latin America, announced $10 million in Seed funding. The investment round was led by Point72 Ventures and includes investments from......
Finastra Survey Shows US Financial Institutions Consider Open Banking Essential, With a New Focus On Shared Data
Banking Finance News

Finastra Survey Shows US Financial Institutions Consider Open Banking Essential, With a New Focus On Shared Data

Fintech News Desk
by Fintech News Desk0
56% of US respondents regard open finance as a ‘must have’, up from 45% in 2021, with 82% believing that shared data and infrastructure will become a key part of the strategy for the move to Open Banking and Finance Finastra research reveals that views on Open Banking in the United States have......
645 Ventures Closes $347 Million Fourth Fund and First Select Fund to Invest in Iconic Technology Companies
Investment Services News

645 Ventures Closes $347 Million Fourth Fund and First Select Fund to Invest in Iconic Technology Companies

Fintech News Desk
by Fintech News Desk0
645 Ventures scales firm, team, portfolio, and AUM to over half a billion since 2014 inception, backed by prestigious LP base 645 Ventures, an early-stage venture capital firm that partners with exceptional founders building iconic technology companies, announced its oversubscribed fourth fund, Fund IV, alongside the launch of the firm’s......
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