Search Results for: investment platform

MoneyGram Strengthens Balance Sheet, Reduces Debt by $100 Million Ahead of Planned Refinancing
Digital Payments Fintech News

MoneyGram Strengthens Balance Sheet, Reduces Debt by $100 Million Ahead of Planned Refinancing

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. is announcing that it has prepaid $100 million of principal balance under its Second Lien Credit Agreement, dated as of June 26, 2019, with Bank of America, N.A., as administrative agent, the financial institutions party thereto as lenders and the other agents party thereto. MoneyGram also paid a required $4 million prepayment call......
Marstone Announces Close of $5 Million Series A Funding
Fintech News

Marstone Announces Close of $5 Million Series A Funding

Fintech News Desk
by Fintech News Desk0
Led by Amerant, the second close of this financing allows Marstone to accelerate its integrated fintech ecosystem and offer complete financial wellness to clients Marstone, Inc., a leading digital wealth technology firm, announced the second close of a $5 million Series A financing round bringing the company’s total funding to......
Inclusive Fintech 50 Launches 2021 Competition to Recognize Early-Stage Fintechs Driving Innovation in an Era of Uncertainty
Digital Payments Fintech News

Inclusive Fintech 50 Launches 2021 Competition to Recognize Early-Stage Fintechs Driving Innovation in an Era of Uncertainty

Fintech News Desk
by Fintech News Desk0
An independent panel of leading fintech experts will select 50 innovative inclusive fintech startups helping communities rebuild from the pandemic The Center for Financial Inclusion (CFI) has launched the third year of Inclusive Fintech 50 (IF50), a competition to recognize the most promising inclusive fintech startups pushing the frontiers of......
Future Fintech Establishes Subsidiary in Dubai for Digital Currency and Crypto Asset Service and Management Business
Blockchain Cryptocurrency Digital Fintech News

Future Fintech Establishes Subsidiary in Dubai for Digital Currency and Crypto Asset Service and Management Business

Fintech News Desk
by Fintech News Desk0
Future FinTech Group Inc., a leading blockchain-based e-commerce business and a fintech service provider, announced that on June 24, 2021, it has registered a new subsidiary, FTFT Capital Investments LLC (“FTFT Capital”), to do business in Dubai, United Arab Emirates. FTFT Capital intends to operate digital currency trading service and crypto asset management businesses......
Alida Secures US$10 Million Debt Facility From Comerica Bank
Banking Business News

Alida Secures US$10 Million Debt Facility From Comerica Bank

Fintech News Desk
by Fintech News Desk0
The debt facility provides working capital funds to enable Alida’s growth strategy Alida, creator of the world’s first CXM & Insights Platform has secured a US$10 million debt facility from Comerica Bank. The financing was provided by Comerica Bank’s Technology and Life Sciences Division. The funds provide Alida with access......
BlockTower Acquires Gamma Point Capital, Launches New Market Neutral Fund
Blockchain Fintech News Risk Management

BlockTower Acquires Gamma Point Capital, Launches New Market Neutral Fund

Fintech News Desk
by Fintech News Desk0
BlockTower Capital, a leading institutional cryptocurrency and blockchain technology investment firm, is today announcing the acquisition of Gamma Point Capital, an investment manager specializing in market neutral strategies. Gamma Point’s market neutral fund will become part of the BlockTower family of funds. Founded by Sanat Rao, Rahul Rai, and Eash Aggarwal, Gamma Point has rapidly......
Francisco Partners Sells Plex Systems to Rockwell Automation for $2.22 Billion
Finance Fintech Investments News

Francisco Partners Sells Plex Systems to Rockwell Automation for $2.22 Billion

Fintech News Desk
by Fintech News Desk0
Plex More Than Quintupled Subscription Revenue Under Francisco Partners’ Ownership Francisco Partners, a global investment firm that specializes in partnering with technology businesses, announced it has signed a definitive agreement to sell Plex Systems, the leading cloud-native smart manufacturing software platform, to Rockwell Automation, Inc. for $2.22 billion in cash.......
Philippines’ Voyager Innovations Secures US$167 Million for PayMaya Expansion Into Financial Services, Digital Banking
Banking Digital Digital Payments Fintech News

Philippines’ Voyager Innovations Secures US$167 Million for PayMaya Expansion Into Financial Services, Digital Banking

Fintech News Desk
by Fintech News Desk0
New funding to advance Voyager’s thrust of enabling all Filipinos with digital financial services through PayMaya and its soon-to-be-established digital bank Voyager Innovations, the leading technology company in the Philippines, announced that it raised US$167 million to fast-track financial inclusion in the Philippines through its financial technology arm, PayMaya Philippines......
Conductor Arrives in Mexico to Accelerate the Development of the Digital Accounts and Payments Industry
Digital Payments Finance Fintech News

Conductor Arrives in Mexico to Accelerate the Development of the Digital Accounts and Payments Industry

Fintech News Desk
by Fintech News Desk0
The project will be led by Anderson Olivares, who will assume as Country Manager the challenge of replicating the success obtained in Brazil Conductor, the leading platform in payment methods and bank as a service in Latin America, announces the arrival of its technological platform for the financial market in Mexico, considered......
Tonkean Secures $50 Million Series B Round From Accel to Further Its Mission to Reinvent Enterprise Business Operations
Business Investments News

Tonkean Secures $50 Million Series B Round From Accel to Further Its Mission to Reinvent Enterprise Business Operations

Fintech News Desk
by Fintech News Desk0
New investors also include founders and executives from Google, Atlassian, and UiPath, recognizing Tonkean as the leader of a new category in enterprise software Tonkean, the Operating System for Business Operations, announced it has raised $50m in Series B funding, led by Accel. The funding will allow Tonkean to scale up hiring......
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