Tag : EBITDA

BharatPe Appoints Nalin Negi as Chief Financial Officer
Fintech News

BharatPe Appoints Nalin Negi as Chief Financial Officer

Fintech News Desk
BharatPe, one of India’s largest fintech companies, announced the appointment of Nalin Negi as its Chief Financial Officer. In his new role, Nalin will be spearheading the finance function for BharatPe and will be working towards making the company EBITDA positive by March 2023. Additionally, he will be leading financial readiness for......
Global Payments Enters Definitive Agreement to Acquire EVO Payments
Digital Payments News

Global Payments Enters Definitive Agreement to Acquire EVO Payments

Fintech News Desk
Accelerates technology-enabled, software-driven strategy through further penetration into integrated and business-to-business (B2B) payments Enhances exposure to faster growth markets through entry into new geographies and by adding further scale to existing businesses Generates combined customer base of more than 4.5 million merchant locations and over 1,500 financial institutions globally Provides......
Early Warning Services and The Clearing House Now Enable Zelle Payments on the RTP Network
Digital Fintech Investment Services Mobile Banking News

Brazilian Fintech RecargaPay Raises $70m Series C Round

Fintech News Desk
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......
GreenBox POS To Acquire ChargeSavvy, A Specialty Retail Payment Processing Company - Update
Blockchain Business Fintech News

GreenBox POS To Acquire ChargeSavvy, A Specialty Retail Payment Processing Company – Update

Fintech News Desk
GreenBox POS, an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions, has entered into a non-binding MOU to acquire ChargeSavvy LLC, a financial technology company specializing in payment processing and POS systems, for total consideration of $31.2 million in restricted GreenBox POS common stock. Read......
Perion Raises Financial Outlook, Expects 31% Year over Year Revenue Growth in the Fourth Quarter of 2020
Fintech Mobile Banking News

Perion Raises Financial Outlook, Expects 31% Year over Year Revenue Growth in the Fourth Quarter of 2020

Fintech News Desk
Customers Momentum for Connected TV and “Full-Funnel” Solution Propel Advertising Business Perion Network Ltd., a global technology company that delivers its Synchronized Digital Branding solution across the three main pillars of digital advertising – ad search, social media and display / video advertising – increased its revenue and Adjusted EBITDA......
KPMG Launches "Elevate" to Help Companies Enhance Performance, Realize Savings and Build New Capabilities
Business Fintech News

KPMG Launches “Elevate” to Help Companies Enhance Performance, Realize Savings and Build New Capabilities

Fintech News Desk
Nearly 75 Percent of All Business Transformation Initiatives Fail to Achieve Revenue and Margin Goals COVID-19 has exacerbated existing business challenges for some companies while creating new ones for others. Both circumstances require agile, precise enterprise-wide assessment and improvement. Elevate, the next generation of KPMG is Performance Improvement offering, provides proprietary......
PayPoint announces the acquisition of Handepay and Merchant Rentals
Business Fintech News

PayPoint announces the acquisition of Handepay and Merchant Rentals

Fintech News Desk
PayPoint is pleased to announce that it has signed an agreement to acquire Handepay Limited (“Handepay”) and Merchant Rentals Limited (“Merchant Rentals”), leading card payments and card terminal leasing businesses, from a consortium of private investors. The cash consideration for the acquisition is expected to be £70 million on a......
FDCTech Signs Term Sheet to Acquire 100% Equity Interest in Genesis Financial, Inc.
Business Fintech Investment Services News

Genesis Financial, Inc. Completes Acquisition of Ballast Group and Cosight Financial Limited

Fintech News Desk
Genesis Financial, a globally diversified financial services company with a focus on Fintech Investment, Wealth Management and Lending Platforms, announced that it successfully completed its acquisition of Ballast Holdings Pty Ltd. (Ballast Group) on June 30, 2020. Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition Ballast operates as......
Brandon Thompson Joins Green Dot Corporation as Executive Vice President of Retail, Tax and PayCard Divisions
Banking Fintech News

Brandon Thompson Joins Green Dot Corporation as Executive Vice President of Retail, Tax and PayCard Divisions

Fintech News Desk
Fintech leader and bank holding company, Green Dot Corporation announced that Brandon Thompson has been appointed Executive Vice President of Retail, Tax and PayCard, effective June 8. Mr. Thompson will be a member of the executive management team and will report to Green Dot President and Chief Executive Officer, Dan......
Bridge Financial Technology Expands Leadership Team, Names Industry Veteran Christopher Haley as Board Chairman
Fintech Investment Services News Risk Management

CEPRES Highlights Best Sectors for Post-Coronavirus Market

Fintech News Desk
Latest analysis from the CEPRES Investment Platform highlights major sectors that could be winners and losers from the Coronavirus crisis. By evaluating current value creation and revenue growth opportunities in PE-backed companies and contrasting with the GFC (Global Financial Crisis) period the CEPRES Platform is able to identify potential outcomes from the COVID-19......
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