Search Results for: tech solutions

Alphacredit Enters Into an Agreement to Raise up to USD$125 Million From an Investor Group Led by SoftBank's Latin America Fund
Banking News

Alphacredit Enters Into an Agreement to Raise up to USD$125 Million From an Investor Group Led by SoftBank’s Latin America Fund

Fintech News Desk
AlphaCredit, a Latin American-focused FinTech platform that specializes in consumer lending and financial solutions for SMEs, has signed an equity round for up to USD$125 million led by SoftBank’s Latin America Fund, one of the leading technology investors in the world. The equity infusion will allow AlphaCredit to consolidate its place as......
WEX Announces a $400 Million Investment From Warburg Pincus and Amendment to the Credit Agreement
Banking Business News

WEX Signs Definitive Agreement to Acquire eNett and Optal

Fintech News Desk
Aligns with WEX’s global growth strategy by extending the Company’s leadership position in the attractive Travel market Accelerates WEX’s revenue growth and is accretive to adjusted net income EPS in the first 12 months Provides significant global geographic diversification while reducing WEX’s exposure to macro-economic fluctuations Complements WEX’s technology and......
MTrac 2020 – An Improved Platform to Increase Compliance
Banking News

MTrac 2020 – An Improved Platform to Increase Compliance

Fintech News Desk
Global Payout Inc. and its wholly owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that the beta phase of the system improvements to MTrac 2020 has been completed. The platform was augmented to accommodate the growing demands of the regulatory agencies that oversee the financial industry. The MTrac team......
MUFG Union Bank Launches Real-Time Payments for Clients on the RTP Network
Banking News

MUFG Union Bank Launches Real-Time Payments for Clients on the RTP Network

Fintech News Desk
MUFG Union Bank N.A., announced that receipt of real-time payments is available for its corporate, commercial, and retail clients via the RTP® network, operated by The Clearing House. The RTP network provides instantaneous receipt of payments, which increases payment certainty and funds availability, with funds immediately available for use. Real-time payments enable MUFG......
Magna Finance Company Selects Input 1 Premium Billing System as Their Platform for the Future
Banking Business News

Magna Finance Company Selects Input 1 Premium Billing System as Their Platform for the Future

Fintech News Desk
Input 1, a digital billing and payments provider to the insurance industry, is pleased to announce that Magna Finance Company has selected Input 1’s Premium Billing System as the digital cloud platform for its insurance premium finance business. Headquartered in Worcester, MA, Magna Finance has been a provider of premium financing......
Socotra Raises $15.2 Million in Series B Funding to Transform Insurance IT
InsurTech News

Socotra Raises $15.2 Million in Series B Funding to Transform Insurance IT

Fintech News Desk
Former New York Life President John Kim Joins Socotra Board Socotra, a San Francisco-based company with the only cloud-native core platform that enables insurance companies to rapidly develop and deploy new products, announced that it has raised $15.2 million in a Series B funding round led by Brewer Lane Ventures with......
Verizon to Offer New Credit Card in Partnership with Synchrony
Business Fintech News

Verizon to Offer New Credit Card in Partnership with Synchrony

Fintech News Desk
Synchrony announced a partnership in which Synchrony will become the exclusive provider of Verizon’s co-branded consumer credit card. Together, the companies will launch the first credit card designed specifically for Verizon customers. “We are thrilled to be working with Verizon as they continue to bring innovation to their customers. This......
Syscoin Foundation and Blockchain Foundry join 2Token Project as Partners
Blockchain News

Syscoin Foundation and Blockchain Foundry join 2Token Project as Partners

Fintech News Desk
Blockchain Foundry Inc., a leading North American blockchain development firm, is pleased to announce that it has joined the 2Token project, partnering with other industry leaders such as the Syscoin Foundation, Ocean Protocol, Dusk, Odyssey and more, with the support of the European Union and the Dutch government. The purpose......
BitPay Taps Simplex to Make BitPay App an All-In-One Solution
Capital Markets Fintech News

BitPay Taps Simplex to Make BitPay App an All-In-One Solution

Fintech News Desk
Crypto Purchasing With Credit Cards Brings New Usability to the Bitpay App BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, announced a partnership with Simplex, the best-in-class processor of fiat-to-crypto transactions, that gives BitPay app users the ability to buy Bitcoin and other supported cryptocurrencies directly in......
2020 Crypto World Summit “The Future of Security Tokens” to Address Latest Blockchain Developments with Leading Industry Experts
Blockchain Capital Markets News

2020 Crypto World Summit “The Future of Security Tokens” to Address Latest Blockchain Developments with Leading Industry Experts

Fintech News Desk
Leading experts in the digital money sector will gather at the Crypto World Summit in New York on February 20, 2020 to discuss the latest developments in security token offerings and digital assets, amongst other rising blockchain and alternative financing topics. The most current SEC laws, rules, regulations, and compliance will be......
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