Tag : financial technology

Group 11 Strikes $50 Million Deal With StepStone Group for Third Fund Holdings
Fintech News

Group 11 Strikes $50 Million Deal With StepStone Group for Third Fund Holdings

Fintech News Desk
by Fintech News Desk0
Among Group 11’s third fund portfolio companies are fintech unicorns Tipalti, TripActions, Next Insurance, HomeLight, and Sunbit Fintech venture capital firm Group 11 has partnered with StepStone Group, a global private markets investment firm, through a $50M secondary transaction to acquire 27% of Group 11’s third fund. The parties closed the deal directly, without the......
Adyen Expands Beyond Payments, Announces Embedded Financial Products
Fintech News

Adyen Expands Beyond Payments, Announces Embedded Financial Products

Fintech News Desk
by Fintech News Desk0
Adyen, the global financial technology platform of choice for leading businesses, has announced its expansion beyond payments to build embedded financial products. These products will enable platforms and marketplaces to create tailored financial experiences for their users such as small business owners or individual sellers. The suite of products will......
BlockFills Announces Integration with Sudrania Fund Services to Provide Fund Administration Services
Cryptocurrency News

BlockFills Announces Integration with Sudrania Fund Services to Provide Fund Administration Services

Fintech News Desk
by Fintech News Desk0
Integration allows Sudrania Seamless Crypto clients to ease reporting and operational lift via BlockFills’ industry-leading API BlockFills, a fast-growing global digital asset trading and financial technology company, announced it has integrated with Sudrania Fund Services Corp. (“Sudrania”), the hyper-growth global leader in digital assets fund administration. The integration pairs two forces......
Waves Labs Announces US Expansion Plan Targeting $10billion TVL by End Of 2022
Blockchain News

Waves Labs Announces US Expansion Plan Targeting $10billion TVL by End Of 2022

Fintech News Desk
by Fintech News Desk0
U.S. based Waves Labs has announced their roadmap, growth strategy, and plan to expand the Waves blockchain ecosystem in 2022. Latest Fintech Insights : Flash Labs Corporation Launches White Label NFT Minting Platform to Bring Businesses to Web 3.0 “Our roadmap for 2022 is incredibly exciting and ambitious. We believe......
BitNile Holdings Issues March Bitcoin Production and Mining Operation Report
Blockchain Cryptocurrency News

BitNile Holdings Issues March Bitcoin Production and Mining Operation Report

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company (“BitNile” or the “Company”) published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro Antminers at the Michigan data center. BitNile’s Bitcoin mining production is currently operating......
Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities
Digital Asset Management Fintech News

Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities

Fintech News Desk
by Fintech News Desk0
Marks key step in executing on Prudential’s strategy, while maintaining consistent experience for customers and deepening focus on protected outcome solutions like FlexGuard and FlexGuard Income Demonstrates Fortitude Re’s leadership and expertise in managing a broad array of long-dated insurance liabilities Prudential Financial, Inc. and Fortitude Group Holdings, LLC, the......
Eastern Bank Welcomes Boston Battery LLC As An Asset Based Lending Customer
Banking Lending News

Eastern Bank Welcomes Boston Battery LLC As An Asset Based Lending Customer

Fintech News Desk
by Fintech News Desk0
Provides $8 Million Of Financing For Working Capital, Real Estate And Equipment Eastern Bank is pleased to announce Boston Battery LLC as a new asset based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years.......
FirstSun Capital Bancorp and Pioneer Bancshares, Inc. Complete Merger
Banking News

FirstSun Capital Bancorp and Pioneer Bancshares, Inc. Complete Merger

Fintech News Desk
by Fintech News Desk0
Colorado-based FirstSun Capital Bancorp (“FirstSun,” or the “Company”), the holding company of Sunflower Bank, N.A. (“Sunflower Bank”), announced that it has completed its previously announced merger with Texas-based Pioneer Bancshares, Inc. (“Pioneer”) effective April 1, 2022. Also effective April 1, 2022, Pioneer’s subsidiary bank, Pioneer Bank, SSB, merged into Sunflower......
The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence
Banking News

The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence

Fintech News Desk
by Fintech News Desk0
The Bank was ranked #31 best-performing community bank between $3 and $10B in assets The Bancorp Bank, a wholly owned subsidiary of The Bancorp Inc., is pleased to announce it has been listed as one of the 50 best-performing community banks with assets between $3B and $10B. Based on its......
Transaction Data Systems Appoints Investment Banking Veteran Al Farrell to CFO
Banking Investment Services News

Transaction Data Systems Appoints Investment Banking Veteran Al Farrell to CFO

Fintech News Desk
by Fintech News Desk0
Brings to pharmacy software leader proven track record of improving overall business performance at top companies worldwide Transaction Data Systems (TDS), the leader in pharmacy software solutions, announced the appointment of Al Farrell to Chief Financial Officer. Farrell will optimize the financial performance of the company as TDS works to......
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