Deal is Immediately Accretive with Pro Forma 2021 Revenue of approximately $540 million and Adjusted EBITDA of approximately $130 million $300 million of Equity Investments from a combination of funds managed by Ares Management and Finxera Shareholders Financing Includes Refinancing of Priority Debt to 4.25x Priority Technology Holdings, Inc., a......
Adds Instant Card Testing Capabilities to Treasury Prime Developer Portal Treasury Prime, the leading Banking as a Service (BaaS) company, announced today that it has partnered with Marqeta, the global modern card issuing platform, to bring Marqeta’s modern card issuing capabilities to the Treasury Prime API. For the first time, fintechs......
Collaboration creates an innovative banking solution and broadens access to a large market of consumers seeking a complete digital solution Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp, today announced that it is working with Google to offer digital checking and savings accounts through the Google Pay......
Green Dot Corporation today announced Amit Parikh is joining the company as Executive Vice President of its Banking as a Service division. In this role, Parikh will lead the organization responsible for delivering end-to-end technology and program management to Green Dot’s banking as a service partners, and building innovative, seamless,......
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced today that Lead Bank has implemented Finzly’s Payment Hub to enhance the bank’s payment and digital capabilities. Payment Hub is part of Finzly’s open, cloud-based bank operating system, BankOS, positioning Lead......
Banking as a service has picked up momentum the last few years, in today’s largely digital banking environment, it’s now safe to say that the future of banking is one where strong tech backed infrastructures and integrated systems will be the driving force behind how businesses and individual users interact......
“At its core, banking is not simply about profit, but about personal relationships – Felix Rohatyn.” The competition in the banking industry is intensifying. Where neobanks are giving brick and mortar branches competition, it is a daunting task for banks to stay updated. This is the point where Fintech is......
SBI Investment, Sony Innovation Fund by IGV and existing investors back Token to unlock new value in open banking digital payments Leading open banking payments platform, Token, today announces $15m in Series B financing, welcoming investment from SBI Investment Co. Ltd. and Sony Innovation Fund by IGV as well as......
Leading European Banking-as-a Service and payments provider, Contis, is delighted to announce its partnership with Pin4, an international fintech pioneering access to cash. This collaboration will enable account holders to access cash via their mobile phones which they can instantly collect at any enabled ATM, including any of 12,000 Cardtronics......