Fintech Interview with Jun Li, Founder at Ontology
[To share your insights on Fintech trends and analysis, please write to us at sghosh@martechseries.com]...
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Finastra Integrates Enigio Solution With Fusion Trade Innovation To Make Paperless Trade Finance A Reality
More than 90% cost savings could be possible from using distributed ledger technology to handle authoritative digital original documents Finastra announced the integration of its Fusion Trade Innovation and Enigio’s trace:original to create a solution for managing and handling digital original documents using distributed ledger technology. The resulting app removes the need for......
Leading Financial Risk Management Platform Feedzai Raises $200 Million Growth Investment Led by KKR
Series D financing values Feedzai well above $1 billion Capital to be used to further strengthen company’s market-leading position Feedzai, the world’s leading cloud-based financial risk management platform, announced a $200 million Series D investment round led by leading global investment firm KKR, with participation from existing investors Sapphire Ventures and Citi......
Global Fintech Interview with Christopher Smith, Head of Group Benefits at Guardian Life
[To share your insights on Fintech trends and analysis, please write to us at sghosh@martechseries.com]...
Payfare Completes Initial Public Offering
Payfare Inc. successfully closed its previously announced initial public offering of 10,900,000 Class A common shares at a price of $6.00 per Common Share for total gross proceeds of C$65,400,000. Payfare will use the net proceeds from the Offering to repay its short term debt in full, finance growth and......
iShares Takes Steps to Lead Industry in Style Investing
Creates Lowest-Price Style Box Offering in the Industry with iShares Morningstar U.S. Equity Style Box ETFs $7.5bn suite overhauled with lower fees, new tickers, indices, fund names, investment objectives, and share splits Two decades ago, iShares set out to spearhead the industry in style investing by providing investors with simple......
Newlink Group Raises $300 Million In Funding From Leading Financial Institutions
Leading energy technology company plans to accelerate digitalization of the energy value chain Newlink Group announced that it has closed $200 million in incremental equity financing led by Bain Capital, a leading global multi-asset alternative investment firm. Existing investor Joy Capital also participated in the fundraising. The current round of fundraising......
stc pay Turns to Red Hat OpenShift to Help Unlock Digital Services Innovation
Red Hat open hybrid cloud technologies are supporting the growth and diversification of the company’s fintech offerings Red Hat, Inc., the world’s leading provider of open source solutions, announced that stc pay has chosen Red Hat to help it expand its fintech services. stc pay uses Red Hat OpenShift, the industry’s......
Humana Announces Plan for CFO Transition
Humana Inc. announced that Brian Kane will be transitioning from his role as Chief Financial Officer to pursue broader career goals. To ensure a smooth transition, Kane has agreed to remain in his current role through June 1, 2021, and then serve in an advisory role through the end of......
mPokket Announces Appointment of New Chief Financial Officer
mPokket – an Instant Loan App providing loans to college students and young working professionals – has appointed Mr. Sanjoy Kumar Agarwal as their new Chief Financial Officer (CFO). Mr. Agarwal will manage the financial operations at mPokket. He will be responsible for creating robust, iterative development plans for long-term......