Search Results for: investment banks

Waves.Exchange Launches Charity Campaign to Fight COVID-19
Fintech Fintech Funding News

Cadence Acts As Sole Structuring Consultant And Arranger In $40 Million Securitization

Fintech News Desk
by Fintech News Desk0
Transaction First to Digitize Rated Asset-Backed Security on Ethereum Cadence Group, Inc., a leading fintech securitization platform, is pleased to announce the closing of a $40-million whole business securitization with FAT Brands Inc., in which Cadence acted as the sole structuring consultant and arranger. In addition to significantly lowering FAT Brands’......
Fintech Terrapay Raises $9.6 Million From Prime Ventures, IFC, and Partech
Fintech Funding Investment Services News

Fintech Terrapay Raises $9.6 Million From Prime Ventures, IFC, and Partech

Fintech News Desk
by Fintech News Desk0
TerraPay announced that a consortium of investors, including Prime Ventures, Partech Africa and management acquired the company for an undisclosed sum. In addition, the same investors, joined by IFC, invested $9.6 million in TerraPay to fund the company’s expansion. TerraPay, a company incubated by Comviva, the India-headquartered mobile solutions provider,......
Unqork and TransferWise Are Latest Fintech Leaders to Join Finxact Marketplace
Banking News

FirstBank Selects Finxact Core-as-a-Service to Power Rapid Innovation of New Digital Offerings

Fintech News Desk
by Fintech News Desk0
2nd Largest Bank in Colorado Continues its Innovative Streak Embracing Cloud-native Core Finxact, the emerging leader in Core-as-a-Service banking, announced that FirstBank, one of the largest privately held banks in the United States with over $19 billion in assets and 119 locations throughout Colorado, Arizona, and California, will launch new digital banking products and services on......
Empower Closes $20 Million Series A Financing to Build AI-Powered Mobile Banking App Designed for Millennials
Fintech Funding News

Empower Closes $20 Million Series A Financing to Build AI-Powered Mobile Banking App Designed for Millennials

Fintech News Desk
by Fintech News Desk0
Funding will be used to fuel growth and product innovation as Empower reimagines consumer banking for today’s generation Empower, a high-growth mobile banking app in the US challenger bank category, announced $20 million in Series A funding. The financing included participation from new investors Icon Ventures, Defy Ventures, and David Velez, Founder and......
Comviva Introduces Digital Services Delivery Platform for Banking Industry
Banking News

Comviva Divests its Stake in TerraPay to Prime Ventures, Partech Partners and International Finance Corporation (IFC)

Fintech News Desk
by Fintech News Desk0
TerraPay raises $9.6 million fund for company’s expansion Comviva, the global leader in mobility solutions, has announced its divestment of stake in TerraPay, for an undisclosed amount to a consortium of global investors. Prime Ventures and Partech Partners are co-investing in TerraPay, along with IFC, a member of the World Bank Group. Apart from acquiring......
Bankers Confident about Future but Signal Fintech Fear
Banking News

Bankers Confident about Future but Signal Fintech Fear

Fintech News Desk
by Fintech News Desk0
New Payment/Money Transfer Platforms Viewed by Many as a Serious Threat to Sector’s Overall Profitability. Banking leaders are increasingly confident about their future.  Promontory Interfinancial Network’s proprietary Bank Confidence Index reached its highest point since it debuted five years ago, according to its fourth quarter Bank Executive Business Outlook survey released......
AssetMark Closes on the Acquisition of OBS Financial
Banking Fintech News

AssetMark Closes on the Acquisition of OBS Financial

Fintech News Desk
by Fintech News Desk0
AssetMark Financial Holdings, Inc., announced the completion of its acquisition of OBS Financial, a $2 billion-plus turnkey asset management platform and a subsidiary of Canandaigua National Corporation. By completing the transaction, AssetMark will acquire new relationships with OBS’ 300+ financial advisors and 21 banks that serve 6,500 investors. “We are......
Thought Machine’s Vault Now Proven and Available on All Infrastructure Options: SaaS, Private or Public Cloud, Hybrid Cloud and on Premises
Banking News

Thought Machine Raises $83m in Series B Funding to Drive Global Growth and Banking Transformation Mission

Fintech News Desk
by Fintech News Desk0
Thought Machine’s series B round led by European technology investor Draper Esprit will drive global expansion and banking transformation mission Thought Machine, the cloud native core banking technology firm, has raised $83 million to drive the next phase of its growth. The funding will strengthen Thought Machine’s mission to transform......
Delta Data Releases IntelliCaster: Macro-Economic Based Forecasting Tool for Asset Managers
Fintech Radar Fintech Startups News

Delta Data Releases IntelliCaster: Macro-Economic Based Forecasting Tool for Asset Managers

Fintech News Desk
by Fintech News Desk0
Delta Data, a fintech company providing infrastructure technology for the pooled investment community today, announces the release of a new institutional profit and expense forecasting tool: IntelliCaster. The tool tracks multiple economic models that enable asset manager distributors to forecast profits and expenses based on a variety of critical influencing......
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