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Ventoux CCM and Presto Automation Announce $100 Million Raise, Revised Valuation

Fintech News Desk
New Subscription from Cleveland Avenue Underpins Revised Merger Deal Terms Ventoux CCM Acquisition Corp. (“Ventoux”) and Presto announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventoux’s trust account assuming no redemptions, into their previously......
Clayton, Dubilier & Rice Completes Acquisition of Cornerstone Building Brands
Finance News

Clayton, Dubilier & Rice Completes Acquisition of Cornerstone Building Brands

Fintech News Desk
Cornerstone Building Brands, Inc. the largest manufacturer of exterior building products in North America, today announced that Clayton, Dubilier & Rice (“CD&R”) has successfully completed the acquisition of Cornerstone Building Brands. Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures Holders of a majority of the shares of Cornerstone Building......
Parsons Promotes Matt Ofilos to Chief Financial Officer; Names George Ball and Ellen Lord to Board of Directors
Finance News

Parsons Promotes Matt Ofilos to Chief Financial Officer; Names George Ball and Ellen Lord to Board of Directors

Fintech News Desk
Parsons Corporation has named Matt Ofilos as the company’s chief financial officer (CFO). Ofilos, who previously served as Parsons’ executive vice president of finance, succeeds George Ball, who served as CFO since 2008 and will remain in an advisory capacity through September 2022. Ofilos brings more than 20 years of......
Accenture Invests in pulsESG to Advance ESG and Sustainability Measurement, Decision Making and Reporting for Companies
Investments News

Accenture Invests in pulsESG to Advance ESG and Sustainability Measurement, Decision Making and Reporting for Companies

Fintech News Desk
Accenture has made a strategic investment, through Accenture Ventures, in pulsESG, Inc., a public benefit corporation dedicated to empowering purpose-driven enterprises to manage and improve their environmental, social and governance (ESG) footprint. Backed by $10 million in earlier seed funding from other leading impact-driven investors, pulsESG is the latest company to......
Voya Financial Completes Transfer of Majority of Allianz Global Investors US Business Begins New Strategic Distribution Partnership
Finance News

Voya Financial Completes Transfer of Majority of Allianz Global Investors US Business Begins New Strategic Distribution Partnership

Fintech News Desk
Voya Financial, Inc, announced  that it has completed its previously announced transfer of certain assets and teams comprising the substantial majority of Allianz Global Investors’ (“AllianzGI”) U.S. business (“AGI U.S.”) to Voya Investment Management (“Voya IM”), the asset management business of Voya Financial. AllianzGI and Voya Financial announced on June......
UnionPay International and PostBank Uganda Reinforce Partnership Enhancing Digital Financial Inclusion in Uganda
Banking Finance News

UnionPay International and PostBank Uganda Reinforce Partnership Enhancing Digital Financial Inclusion in Uganda

Fintech News Desk
UnionPay International and PostBank Uganda Ltd have announced an extension of their ongoing collaboration to further enhance digital financial inclusion in Uganda. The partnership between PostBank Uganda and UnionPay International was established in 2018 with a core objective of improving access to financial services and ultimately, financial inclusion of the previously......
Jefferies Announces Strategic Transactions to Simplify Operations to Continue Focus on Building the Leading Independent, Full-Service Global Investment Banking Firm
Banking News

Jefferies Announces Strategic Transactions to Simplify Operations to Continue Focus on Building the Leading Independent, Full-Service Global Investment Banking Firm

Fintech News Desk
Proposed Tax-Free Spin off to Shareholders of Vitesse Energy as a New Separate Public Company $239 Million Agreed Sale of Idaho Timber Resulting in Estimated Pre-Tax Gain of $140 Million Jefferies Will Merge Its Two SEC Reporting Companies to Achieve Simplicity and Cost Savings Net Book Value of Legacy Merchant......
Nigeria’s Economy Reaps Benefits of Real-Time and Digital Banking Transformation
Banking News

Nigeria’s Economy Reaps Benefits of Real-Time and Digital Banking Transformation

Fintech News Desk
Nigeria is Africa’s undisputed real-time payments and digital payments leader, recording 3.7 billion real-time transactions in 2021 and ranking 6th in the league table of the world’s most developed real-time payments markets, according to the third edition of ACI’s Prime Time for Real-Time report The widespread uptake of new digital and......
Monneo Leads the Way for Banking as a Service With the Launch of New API
Banking News

Monneo Leads the Way for Banking as a Service With the Launch of New API

Fintech News Desk
Monneo, the complete end to end payment ecosystem provider, is leading the way for Banking as a Service (BaaS) as it launches a new application programming interface (API). Latest Fintech News: KOHO and Mastercard Collaborate to Offer New Product to Canadians Monneo’s BaaS partners and clients will be able to take advantage of......
RocketFuel Blockchain Receives License to Operate as a Crypto Exchange
Cryptocurrency News

RocketFuel Blockchain Receives License to Operate as a Crypto Exchange

Fintech News Desk
RocketFuel Blockchain, Inc, a global provider of payment solutions via bank transfers and cryptocurrencies, announced that its European subsidiary has been granted a Virtual Asset Service Provider (VASP) license by the Danish Financial Supervisory Authority. Latest Fintech News: KOHO and Mastercard Collaborate to Offer New Product to Canadians The VASP registration......
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