Tag : financial technology

Thread Raises $30.5 Million to Continue Building the Future of Embedded Banking
Banking Finance News

Thread Raises $30.5 Million to Continue Building the Future of Embedded Banking

Fintech News Desk
by Fintech News Desk0
New funding round will support further development of pioneering “digital branch” model Thread Bancorp, Inc. (“Thread” or the “Company”), the parent company of Thread Bank (the “Bank”), a wholly-owned subsidiary, today announced it has closed a $30.5 million funding round, consisting of a $27.6 million initial raise and a $2.9 million extension. Portage......
Fiserv Completes StoneCastle Acquisition, Extending Insured Deposit, Liquidity and Digital Asset Solutions to Financial Institutions and Introducing Deposit Liquidity Options for Merchants
Banking Finance News

Fiserv Completes StoneCastle Acquisition, Extending Insured Deposit, Liquidity and Digital Asset Solutions to Financial Institutions and Introducing Deposit Liquidity Options for Merchants

Business Wire
by Business Wire0
Helping merchants access new FDIC-insured liquidity solutions and financial institutions access secure, technology-driven funding options including FIUSD stablecoin Fiserv, Inc., a global leader in payments and financial technology, has completed its acquisition of StoneCastle Cash Management, expanding its ability to deliver innovative insured deposit funding solutions. By integrating StoneCastle’s institutional......
EquiLend Invests in Digital Prime Technologies to Advance Institutional Tokenized-Asset and Digital-Markets Infrastructure
Finance Investments News

EquiLend Invests in Digital Prime Technologies to Advance Institutional Tokenized-Asset and Digital-Markets Infrastructure

PR Newswire
by PR Newswire0
Partnership aligns EquiLend’s infrastructure with tokenized assets, digital securities and stablecoins, delivering connectivity across Trading, Post-Trade and Data & Analytics to address evolving market structure and client workflow needs EquiLend, a global financial technology, data and analytics company for the securities finance industry, announced a strategic investment in Digital Prime Technologies, a U.S.-regulated provider......
Capitolis Appoints Okan Pekin as President
Finance Investment Services News

Capitolis Appoints Okan Pekin as President

Business Wire
by Business Wire0
Former Citi Global Head of Securities Services and longtime Capitolis Board Member brings over three decades of experience driving innovation and scaling global enterprises Capitolis, the financial technology company, announced the appointment of Okan Pekin as President. Based in London and reporting to Gil Mandelzis, Chief Executive Officer and Founder,......
Intellect launches PF Credit in the Philippines powered by Purple Fabric (PF) to help banks enhance lending capabilities
Banking Credit Bureaus News

Intellect launches PF Credit in the Philippines powered by Purple Fabric (PF) to help banks enhance lending capabilities

EIN Presswire
by EIN Presswire0
PF Credit comprises 5 digital experts, each covering a critical stage of the end-to-end lending lifecycle for Retail, SME & Corporate customers Intellect Design Arena Ltd., a global leader in enterprise-grade financial technology, announced the launch of PF Credit specifically designed for the Philippines, after the global launch of PF Credit.......
Klarna Set to Take off With Lufthansa Group, Bringing Flexible Payments to Travellers Across Europe and the U.S.
Digital Payments News

Klarna Set to Take off With Lufthansa Group, Bringing Flexible Payments to Travellers Across Europe and the U.S.

Business Wire
by Business Wire0
Klarna, the global digital bank and flexible payments provider, announces a new multi-market partnership with Lufthansa Group, Europe’s leading airline group. The new agreement is facilitated by Klarna’s integration with Adyen, the financial technology platform of choice for leading businesses. From November, Lufthansa Group customers will be able to choose......
Real X Holding Partners with Cobo to Provide Bank-level Crypto Security to Its Worldwide Clients
Cryptocurrency News

Real X Holding Partners with Cobo to Provide Bank-level Crypto Security to Its Worldwide Clients

GlobeNewswire
by GlobeNewswire0
Real X International Holding, a HK registered financial technology company, recently announced a strategic partnership with Coboa worldwide established crypto asset custody and wallet infrastructure provider, to enhance the security of its global crypto payment and asset management services. Under the partnership, Cobo will provide institutional-grade custody and multi-party computation......
Usio Acquires PostCredit Co
Banking News

Usio Acquires PostCredit Co

GlobeNewswire
by GlobeNewswire0
Usio to Offer Business Banking Services to its Clients1 Usio, a leading provider of fintech payment and card issuing solutions, announced that it has acquired substantially all of the assets of PostCredit, Co (PostCredit), a Los Angeles-based financial technology company in an all-stock transaction. PostCredit developed a modern expense-management and business-banking......
IO DeFi Announces Expansion of Blockchain-Based Structured Digital Yield Services Amid U.S. Economic Volatility
Blockchain Finance News

IO DeFi Announces Expansion of Blockchain-Based Structured Digital Yield Services Amid U.S. Economic Volatility

EIN Presswire
by EIN Presswire0
More users are turning to transparent, blockchain-based structured digital yield tools as U.S. market volatility increases. The United States has experienced notable economic turbulence in recent months, marked by fluctuating equity markets, elevated borrowing costs, and persistent inflation concerns. As these conditions continue, interest in transparent and verifiable digital yield......
Green Dot Corp. Announces Strategic Transactions with Smith Ventures and CommerceOne Financial Corp.
Finance News Technology

Green Dot Corp. Announces Strategic Transactions with Smith Ventures and CommerceOne Financial Corp.

Business Wire
by Business Wire0
Smith Ventures to Acquire and Privatize Green Dot Corp.’s Non-Bank Assets and Operations, to be Run as an Independent Fintech and Embedded Finance Company CommerceOne to Acquire Green Dot Bank and Form a Publicly Traded Bank Holding Company that Serves as Fintech’s Exclusive Issuing Bank Strategic Transactions Unlock Innovation, Diversification......
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