Tag : transaction

Euroclear Completes Acquisition of MFEX Group
Featured Investments News

Euroclear Completes Acquisition of MFEX Group

Fintech Staff Writer
Euroclear has announced its acquisition of MFEX Group. MFEX Group is a leading global digital fund distribution platform, completed yesterday. Euroclear announced its intent to acquire MFEX on March 26, 2021. The financial terms of the transaction were not disclosed. The combination of MFEX’s innovative distribution platform with Euroclear’s FundSettle......
Lument Securities Advises Philadelphia-Area Continuing Care Retirement Community on Sale
Finance News

Lument Securities Advises Philadelphia-Area Continuing Care Retirement Community on Sale

Fintech News Desk
Lument Securities (Lument) recently advised the board of directors of Bryn Mawr Terrace, a continuing care retirement community (CCRC) located in Bryn Mawr, Pennsylvania, on its sale to a private operator. Laca Wong-Hammond and Dominic Porretta led the transaction for Lument Securities. Located roughly 10-miles from downtown Philadelphia in the Main Line and operated by Main Line......
WebBank Provides New Asset-Backed Revolving Credit Facility to Libertas Funding Affiliate
Fintech News

WebBank Provides New Asset-Backed Revolving Credit Facility to Libertas Funding Affiliate

Fintech News Desk
WebBank announced it has provided a new senior secured, asset-backed revolving credit facility to an affiliate of Libertas Funding, LLC (together, “Libertas”). WebBank is the sole arranger and lender under the facility. “We are thrilled to expand our partnership with WebBank, a true digital banking leader whom we greatly respect......
Goldman Sachs to Acquire GreenSky
Banking Fintech News

Goldman Sachs to Acquire GreenSky

Fintech News Desk
Accelerates Strategy to Drive Higher, More Durable Returns Offers Simple and Transparent Lending Solutions That Meet Customers Where They Transact and Help Merchants Drive Growth The Goldman Sachs Group, Inc. and GreenSky, Inc. announced that they have entered into a definitive agreement pursuant to which Goldman Sachs will acquire GreenSky,......
Novo Hires Executive Vice President of Engineering and Chief of Staff
Banking Fintech Mobile Banking News

Novo Hires Executive Vice President of Engineering and Chief of Staff

Fintech News Desk
Digital banking platform grows global headcount by more than 150% percent in 2021  Novo, the powerfully simple small business banking platform, announced that it has hired Micayla Ryan as chief of staff, and Justin Potts as executive vice president of engineering. In total, the company has added 60 full-time staff......
Cardknox Adds Support for 3-D Secure 2.0 to Combat E-Commerce Fraud and Reduce Chargebacks
Digital Payments E-commerce News

Cardknox Adds Support for 3-D Secure 2.0 to Combat E-Commerce Fraud and Reduce Chargebacks

Fintech News Desk
Real-time cardholder identity authentication decreases online fraud and chargebacks while ensuring a frictionless checkout experience Cardknox, a leading developer-friendly, omnichannel payment gateway, announced its support for 3-D Secure 2.0 (3DS2) technology, a next-generation e-commerce payment security protocol developed by EMVco. 3DS2 authenticates cardholder identities in real-time during the checkout process,......
Huobi Launches Derivatives Warrant, Further Expanding its Suite of Trading Services
Digital Asset Management News Trading

Huobi Launches Derivatives Warrant, Further Expanding its Suite of Trading Services

Fintech News Desk
Huobi Global, one of the leading digital asset trading platforms, announced the extension of Huobi Derivatives Warrant trading services to all its global markets at the end of September. Since its debut in Vietnam on September 3, the product was also launched in markets including India, Europe, and Oceania (comprising Australia, New Zealand, and other Pacific Island......
Singapore-Based Crypto Lending Platform Hodlnaut Partners with Leading Crypto Exchange Okcoin
Currency Exchange News

Singapore-Based Crypto Lending Platform Hodlnaut Partners with Leading Crypto Exchange Okcoin

Fintech News Desk
Starting from 15 September, Hodlnaut users will be able to earn $10 in BTC when they create an account, deposit and trade with Okcoin Hodlnaut, a crypto lending and interest-earning platform based in Singapore, partners with leading U.S. crypto exchange, Okcoin. The new partnership is set to significantly improve users’ investment options and earning potential. The......
edatanetworks Inc. Granted Automated Cause Marketing Patent for Financial Services and Local Communities from USTPO
Fintech Investments News

edatanetworks Inc. Granted Automated Cause Marketing Patent for Financial Services and Local Communities from USTPO

Fintech News Desk
edatanetworks Inc. announced the approval of patent 17/086,844 from the United States Patent and Trademark Office. This patent further enhances edatanetworks’ patent protection relating to automated cause marketing through financial services. The approved automated cause marketing patent ensures that local businesses will benefit from a measurable return on marketing spend......
New York Community Bank Provides Real-Time Payment Processing Utilizing The Provenance Blockchain For Figure Technologies Inc. Secondary Trading
Banking Digital Payments News

New York Community Bank Provides Real-Time Payment Processing Utilizing The Provenance Blockchain For Figure Technologies Inc. Secondary Trading

Fintech News Desk
New York Community Bancorp, Inc.  announced that its banking subsidiary, New York Community Bank (the “Bank”), successfully completed a groundbreaking digital payment process through the creation of a blockchain-based digital marker, allowing Figure Technologies, Inc. (“Figure” or “FTI”) to conduct real-time secondary trading in digital shares of its stock utilizing Figure......
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