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First Bancorp Completes Acquisition of GrandSouth Bancorporation
Banking News

First Bancorp Completes Acquisition of GrandSouth Bancorporation

Fintech News Desk
by Fintech News Desk0
First Bancorp announced the completion of its acquisition of GrandSouth Bancorporation, the parent company of GrandSouth Bank, on January 1, 2023. The merger solidifies First Bank’s position as one of the leading banks headquartered in the Carolinas, with total assets of approximately $12 billion and 118 branches. Mike Mayer, President and CEO......
REM People Raises US$12 Million Investment from Ethos
Investment Services News

REM People Raises US$12 Million Investment from Ethos

Fintech News Desk
by Fintech News Desk0
Retail analytics company has accessed its first overseas investment from Ethos USA-based project finance and investment company Ethos Asset Management has announced a new partnership with REM People through a US$ 12 million investment. REM People will use these funds to expand their international network to 24 offices and to......
Blockchain Markets News

Kodo Assets Launches Asset Tokenization Opportunities In Sao Paulo

Fintech News Desk
by Fintech News Desk0
Kodo Assets, a Brazil-based real-estate tokenization driven company has launched asset tokenization opportunities in Sao Paulo, Brazil. The real estate market is one of the most traditional economic sectors in the world. Considered a safe investment with a guaranteed return, it is seen as a great balancer of investment portfolios.......
B2B Markets News

Grove Announces Refinancing Of Existing Debt, Extending Maturity With Principal Payments Beginning in 2025

Fintech News Desk
by Fintech News Desk0
Grove Collaborative Holdings, Inc. , a leading sustainable consumer products company and certified B Corp™, today announced that it has entered into a new Loan and Security Agreement (the “Loan Agreement”) providing for a four-year $72.0 million term loan. “This transaction aligns our capital structure to our ongoing improvements to......
High-Profile Investors and Celebrities Back Metagood, Creator of OnChainMonkey, with $5+ Million Funding Round
Blockchain News

High-Profile Investors and Celebrities Back Metagood, Creator of OnChainMonkey, with $5+ Million Funding Round

Fintech News Desk
by Fintech News Desk0
Metagood, the company that built the OnChainMonkey (OCM) NFT ecosystem, has completed a pre-seed funding round of more than $5 million. “Our DAO has empowered so many builders while raising 2000 ETH in just one year. Our investors see the promise Web3 has for effecting change, and they are supporting that.......
Banking Fintech News

First Sound Bank Announces Termination Of BMTX Merger

Fintech News Desk
by Fintech News Desk0
First Sound Bank announced that it has reached a mutual agreement with BM Technologies, Inc. (“BMTX”) to terminate our previously-announced merger agreement. The Bank will continue to do business as a locally owned, independent community bank, providing commercial and private banking services to our target customer base consisting of small......
Fintech News

Japanese Fintech Leader Smartpay First To Launch The Next Phase Of Digital Consumer Finance Through Open Banking

Fintech News Desk
by Fintech News Desk0
Japan-based fintech Smartpay has launched Smartpay Bank Direct, the country’s first digital consumer finance service that allows customers to pay for online installment purchases straight from their bank accounts. Smartpay Bank Direct emphasizes user security while delivering convenience for the consumer, through a network of 67 partner banks across Japan[1]. Smartpay......
Banking Finance News

Akulaku Announces $200 Million Investment From MUFG

Fintech News Desk
by Fintech News Desk0
Akulaku (“the Company”), a leading banking and digital finance platform in Southeast Asia, announced a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG). The investment provides additional support for Akulaku’s projected growth as it advances towards its mission of providing banking services across Southeast Asia with an emphasis on reaching underserved......
Big Data Cloud News

MADworld And Space Frontier Studio KIBO To Launch The First NFT Of 2023 Featuring The First Space Sunrise Of The New Year

Fintech News Desk
by Fintech News Desk0
MADworld, the innovative Web3 ecosystem, and the Space Frontier Studio KIBO (produced, designed, developed by Bascule Inc.) are blasting off into the new year by launching the first NFT of 2023 alongside a livestream the first space sunrise of the year. The space sunrise live program will be captured by......
BITPOINT Launches Japanese Weeks for Crypto Users in Latin America
Cryptocurrency News

BITPOINT Launches Japanese Weeks for Crypto Users in Latin America

Fintech News Desk
by Fintech News Desk0
BITPOINT Latam is continuing to expand its services in Latin America, a market that is seeing rapid growth in cryptocurrency adoption. BITPOINT’s executives have stated that their recent focus on the Japanese market is part of their plan to increase education and commercial activity in the cryptocurrency space BITPOINT Latam,......
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