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African Development Bank Group Extends $350,000 Grant for Technical Assistance to Deepen National Capital Markets
Investments News

African Development Bank Group Extends $350,000 Grant for Technical Assistance to Deepen National Capital Markets

Fintech News Desk
The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the African Development Bank The African Development Bank Group has approved $350,000 in grant funding for technical assistance to consolidate the country’s capital markets strategy and increase the liquidity of its fixed income......
N26 Announces Landmark Series E Funding Round of More Than $900 Million
Fintech Mobile Banking News

N26 Announces Landmark Series E Funding Round of More Than $900 Million

Fintech News Desk
– The record-breaking round was led by Third Point Ventures and Coatue Management, and joined by Dragoneer Investment Group as well as existing N26 investors – The company is now valued at more than $9 billion – With more than 7 million customers in 25 countries, N26 is on track......
Blue Ridge Bank Increases Minimum Hourly Pay to $17
Banking News

Blue Ridge Bank Increases Minimum Hourly Pay to $17

Fintech News Desk
Blue Ridge Bank, N.A. (the “Bank”), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), increased its minimum pay rate from $15 to $17 per hour, a 13.3% increase. This increase went into effect October 1, 2021. This minimum hourly pay rate is substantially above the Commonwealth of Virginia’s minimum hourly wage rate of $9.50 and......
Mudrex Launches ‘Coin Sets’; A Mutual Fund-Like Investment Product in Crypto for Retail Investors Across the World
Cryptocurrency DeFi Digital Asset Management Investments

Mudrex Launches ‘Coin Sets’; A Mutual Fund-Like Investment Product in Crypto for Retail Investors Across the World

Fintech News Desk
Y Combinator and Nexus VP-backed Mudrex, a global crypto asset management platform launches ‘Coin Sets’. Through Coin Sets, for the first time, retail investors will get the ability to invest in a variety of Mutual fund style crypto investment products, earlier only accessible to the HNIs and institutions. With this product, Mudrex......
First Bancorp Completes Acquisition of Select Bancorp, Inc.
Banking News

First Bancorp Completes Acquisition of Select Bancorp, Inc.

Fintech News Desk
First Bancorp announces the completion of its acquisition of Select Bancorp, Inc., the parent company of Select Bank & Trust Company (“Select Bank”), on October 15, 2021.  The merger solidifies First Bank’s position as the leading community bank headquartered in North Carolina, with total assets of over $10 billion and over 120 branches. Richard......
B. Riley Expands Corporate Advisory & Valuation Services Practice
Finance News

B. Riley Expands Corporate Advisory & Valuation Services Practice

Fintech News Desk
Business Valuation Experts, Dave Bookbinder and Quinn Shearer, join B. Riley Advisory Services B. Riley Financial announced the expansion of its Corporate Advisory and Valuation Services practice with the addition of Dave Bookbinder and Quinn Shearer to B. Riley Advisory Services. Bookbinder and Shearer bring significant business and intangible asset valuation expertise, serving strategic corporate finance......
BOTS, Inc.’s Newly Acquired Subsidiary, TekX Mining and Gaming PC Solutions LLC, Announces Grand Opening of Bitcoin Mining Training Academy
Blockchain DeFi News

BOTS, Inc.’s Newly Acquired Subsidiary, TekX Mining and Gaming PC Solutions LLC, Announces Grand Opening of Bitcoin Mining Training Academy

Fintech News Desk
BOTS, Inc., a global technology company specialized in Blockchain-based solutions including decentralized finance applications, cybersecurity, crypto mining, mining equipment repair and warranties announced that its subsidiary and an authorized miners repair facility, TekX Mining and Gaming PC Solutions LLC, has launched at their new Parkersburg, West Virginia based TekX Training......
Global Private Wealth Platform Kristal Hits 500 Million Dollars AUM Landmark
Investment Services Investments News

Global Private Wealth Platform Kristal Hits 500 Million Dollars AUM Landmark

Fintech News Desk
* #1 wealth manager in the mass affluent & emerging HNI segment. * Partnered with 50+ family offices and wealth managers * UAE is the fourth country of expansion after Singapore, Hong Kong & India * Building a comprehensive wealth management suite for banks & wealth managers * Top investor profiles......
BancorpSouth Bank and Cadence Bancorporation Receive Final Regulatory Approval for Merger
Banking News

BancorpSouth Bank and Cadence Bancorporation Receive Final Regulatory Approval for Merger

Fintech News Desk
BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, N.A., announced their proposed merger has received final Federal Deposit Insurance Corporation (“FDIC”) approval. The FDIC approval follows recent approvals from the Mississippi Department of Banking and Consumer Finance and from shareholders of both companies. The merger, originally announced......
Pioneer in "Tokenization" in Central Europe XIXOIO a.s. Becomes Creatio Customer
DeFi Fintech News

Pioneer in “Tokenization” in Central Europe XIXOIO a.s. Becomes Creatio Customer

Fintech News Desk
With an ambitious goal of making the Czech Republic a pioneer in the “tokenization” of companies’ projects, XIXOIO a.s. selects Creatio as their partner for no-code workflow automation Creatio, a global software company that provides a leading no-code platform for process management and CRM, announced the FinTech innovator XIXOIO a.s. has become......
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