Search Results for: strategies

Signet Financial Accelerates Growth Plans With Merchant Investment Management Partnership
Investment Services News Risk Management

Signet Financial Accelerates Growth Plans With Merchant Investment Management Partnership

Fintech News Desk
by Fintech News Desk0
$850 Million RIA secures growth capital to deepen client service and spur new avenues for expansion Signet Financial Management is excited to announce its partnership with Merchant Investment Management, LLC. As part of the deal, Signet will receive a minority equity investment to help drive its sophisticated experience for high-net-worth clients and......
Brazilian Fintech RecargaPay Raises $70 Million Series C Round
Banking Fintech Mobile Banking News

Brazilian Fintech RecargaPay Raises $70 Million Series C Round

Fintech News Desk
by Fintech News Desk0
IDC Ventures and Fuel Venture Capital co-led the round RecargaPay, Brazil’s largest payments and mobile money ecosystem, has raised $70 million to further enhance its all-inclusive payment platform, democratizing access to digital financial services for millions of new users. Currently EBITDA positive and with a revenue run rate of over USD$50 million, RecargaPay has raised over $100 million to date.......
Future FinTech Announces Updates of Potential Acquisitions
Blockchain Fintech News

Future FinTech Announces Updates of Potential Acquisitions

Fintech News Desk
by Fintech News Desk0
Future FinTech Group Inc., a leading blockchain e-commerce company and a service provider for financial technology, announced updates as to three potential acquisitions; a delay in its acquisition of 90% of the issued and outstanding shares of Nice Talent Asset Management Limited (“NTAM”), and the termination of the potential acquisitions......
ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses
Blockchain Business Cryptocurrency Fintech Fintech Funding Investment Services News

ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses

Fintech News Desk
by Fintech News Desk0
ETHA Lend, the chain agnostic yield optimizer powered by Polkadot and Ethereum, raised $1.6 million during their first funding rounds to accelerate yield optimization in DeFi. The investment round was led by AU21 Capital, DFG Group and Privcode Capital, followed shortly by eminent investors including Vector Capital, Chain Capital, PNYX......
Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World's First Bank-Issued Deposit-Based Digital Currency
Artificial Intelligence Blockchain Capital Markets Cryptocurrency Fintech InsurTech News

Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World’s First Bank-Issued Deposit-Based Digital Currency

Fintech News Desk
by Fintech News Desk0
Toronto-based Stablecorp is partnering with a consortium of highly strategic investors led by Canadian Schedule 1 Bank VersaBank, DV Private Investments, Borderless Capital and a major U.S. Bitcoin financial services firm. These new consortium members will join existing strategic investors 3iQ and Mavennet to launch VCAD and catalyze growth of......
Three Ways To Fight Bank Fraud
Artificial Intelligence Banking Fintech Guest Posts Investment Services Risk Management Robotic Process Automation

Three Ways To Fight Bank Fraud

Cheryl Chiodi
by Cheryl Chiodi0
The rise in daily fraud attacks on banks and financial institutions has led to some organizations adding additional resources to their financial crime teams, but if they are still using old tools, is throwing more people at the problem the answer? There is no doubt that Know Your Customer (KYC)......
Western Alliance to Acquire AmeriHome, a Leading National B2B Mortgage Acquirer & Servicer
B2B Banking Fintech Investment Services News Risk Management

Western Alliance to Acquire AmeriHome, a Leading National B2B Mortgage Acquirer & Servicer

Fintech News Desk
by Fintech News Desk0
Western Alliance Bancorporation today announced the execution of a definitive agreement to acquire Aris Mortgage Holding Company, LLC, the parent company of AmeriHome Mortgage Company, LLC (“AmeriHome”) for an estimated purchase price of $1.0 billion in cash, subject to adjustments at closing. Read More:  DeFi Platform OIN Finance Integrates With......
MoneyGram Announces Election of Three New Directors to the Board
Business Digital Fintech News

MoneyGram Announces Election of Three New Directors to the Board

Fintech News Desk
by Fintech News Desk0
MoneyGram elects Alka Gupta, Francisco Lorca and Julie E. Silcock, three executives with diverse experience across fintech, global payments, enterprise technology and investment banking industries MoneyGram International, Inc., today announced the election of Alka Gupta, Co-Founder of and current Director at globaliD, Inc., a venture-backed company building a portable and......
Digital Wallets Eclipse Cash Globally At Point of Sale For First Time During Pandemic, FIS Study Finds
Business Currency Exchange Digital Fintech News

Digital Wallets Eclipse Cash Globally At Point of Sale For First Time During Pandemic, FIS Study Finds

Fintech News Desk
by Fintech News Desk0
Digital Wallets Reach Maturity: Contactless payments made using a digital wallet at the point of sale globally are growing faster than those made with physical cards. Covid’s Toll on Cash: Cash payments dropped below mobile wallet payments for in-store payments for the first time. eCommerce Expands Exponentially: The Global eCommerce market grew 19......
European Financial Institutions Estimated To Lose Over €5bn Every Year On Customer Acquisition
Blockchain Business Fintech Fintech Startups InsurTech News

European Financial Institutions Estimated To Lose Over €5bn Every Year On Customer Acquisition

Fintech News Desk
by Fintech News Desk0
Signicat, the Trusted Digital Identity™ company, today revealed new analysis by P.A.ID Strategies that shows financial institutions are wasting at least €5.7 billion every year due to poor customer onboarding and abandonment. Read More:  Tuvalu Embarks On World’s First National Digital Ledger And Infrastructure Project On Bitcoin SV The analysis follows......
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