Tag : profitability

Oracle Helps Financial Institutions Manage Balance Sheet Risk and Fuel Growth in New Treasury and Finance Solutions
Finance Fintech News

Oracle Helps Financial Institutions Manage Balance Sheet Risk and Fuel Growth in New Treasury and Finance Solutions

PR Newswire
by PR Newswire0
Solutions enable banks with deep insights and complex reporting on profitability, interest rate risk, and balance sheet trends Helping financial institutions boost profitability, grow revenue, and manage balance sheet risk, Oracle announced Oracle Financial Services Profitability and Balance Sheet Management Cloud Services. With Asset Liability Management, Cash Flow Engine, Funds Transfer......
Zilch Surges to Profitability, Surpasses $130M in Revenue, and Welcomes Mark Wilson to the Board
Digital Payments News

Zilch Surges to Profitability, Surpasses $130M in Revenue, and Welcomes Mark Wilson to the Board

Business Wire
by Business Wire0
Zilch turns profitable within just four years post-launch. CEO announces $130m (£100m) annual revenue run rate — 100% YoY growth. Mark Wilson, former CEO of Aviva and AIA and current BlackRock Board member, joins Zilch’s Board. Rapid revenue growth beats average UK and US tech industry growth by over 10......
ChargePoint Raises $232M to Support Path to Profitability in 2024
Fintech Investments News

ChargePoint Raises $232M to Support Path to Profitability in 2024

Business Wire
by Business Wire0
$175M of new equity committed by institutional investors via the Company’s “at-the-market” offering facility $57M of new equity raised in Q3 of FY2024 via the ATM Adjustment to terms of outstanding $300M convertible notes ChargePoint Holdings, Inc., a leading provider of networked solutions for charging electric vehicles, has secured a......
Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term
Fintech Fintech Funding News

Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term

Fintech News Desk
by Fintech News Desk0
Atom, the UK’s first app-based bank, is to raise £40m from existing shareholders as it moves to profitability from its mortgage and business lending within a year, and to IPO the year after. Read More: Aurus Technologies Brings Gold Tokenization to Chile and Latin America Atom’s revenues are growing strongly......
Bank-of-Prairie-du-Sac-selects-Finastra's-Fusion-Phoenix-core-to-improve-customer-experience-and-support-growth-strategy
Artificial Intelligence Fintech Investment Services Mobile Banking News

Bank of Prairie du Sac selects Finastra’s Fusion Phoenix Core To Improve Customer Experience And Support Growth Strategy

Fintech News Desk
by Fintech News Desk0
Finastra today announced that Bank of Prairie du Sac, a community bank outside of Madison, WI, will upgrade its core operating system to Fusion Phoenix to future-proof its technology. The open, modern core built on Microsoft technology, cloud delivery, and seamless integration with other technologies provided by Finastra, will improve......
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