PRNewswire - FinTecBuzz

Linnovate Partners Closes USD 40 Mn Funding Commitment Led by SeaTown

PRNewswireMay 10, 20244 min

Linnovate Partners (“Linnovate”), a leader in asset servicing and fintech for the alternative investment industry, is pleased to announce the successful closure of USD 40 million funding commitment by SeaTown Private Capital Master Fund. SeaTown Private Capital Master Fund is managed by SeaTown Holdings International Pte. Ltd. (“SeaTown”), a leading Asia-focused alternative investments firm that is owned by Seviora, Temasek’s asset management group. This capital infusion marks a pivotal moment in Linnovate’s journey, enabling the firm to scale...

Banking

Associated Bank adds Chun Schiros as Chief Analytics Officer

PRNewswireMay 10, 20243 min

Schiros brings advanced analytics and marketing optimization capabilities that will support Associated Bank's personalization, acquisition and relationship-deepening efforts

Banking

Continental Finance purchases Today Card portfolio

PRNewswireMay 10, 20243 min

Continental Finance Company LLC, a leading financial technology company specializing in the marketing and servicing of bank-issued credit cards for people with less than perfect credit, announced the successful acquisition of the Today Card Portfolio, a prominent credit card portfolio previously held by Elevate Credit, Inc. & Capital Community Bank, Inc. This acquisition marks a significant milestone in Continental Finance’s strategic expansion efforts. The acquisition of the Today Card Portfolio aligns seamlessly with Continental Finance’s...

Blockchain

DappCon Unveils 2024 Agenda and Speaker Lineup

PRNewswireMay 10, 20246 min

As the cornerstone event of the Berlin Blockchain Week, DappCon 2024 is set to feature an array of prominent speakers from across the Ethereum ecosystem

Platforms

Fintica AI and Spark Systems of Singapore Form Strategic Partnership

PRNewswireMay 9, 20244 min

Fintica AI Ltd, a leading provider of next-generation AI for the financial industry, and Spark Systems Pte. Ltd, a leading global foreign exchange trading platform, have announced a strategic partnership. This strategic partnership will enable Spark Systems to accelerate its business development and market reach in Singapore and globally by bringing Fintica AI’s unique unsupervised artificial intelligence technology to its client base. The finance sector in Singapore has witnessed a remarkable transformation in recent years, with the growing importance...

Compliance & Scoring

AML RightSource Named to FinTech Global’s FinCrimeTech50 List

PRNewswireMay 9, 20244 min

FinTech Global showcases AML RightSource's commitment to integrating cutting-edge technology with a people-first approach, ensuring the highest standards of compliance and risk management in the financial sector.

Direct Lending

Trinity Capital Inc. Unveils Sponsor Finance Vertical with New Hires

PRNewswireMay 9, 20245 min

New business to provide growth capital for private-equity-backed companies

Crypto Currencies

Bitrue Enhances UX Integrating with USDC USDT on NEAR Protocol Network

PRNewswireMay 9, 20245 min

Leading cryptocurrency exchange, Bitrue has announced that it has completed the integration of USD Coin (USDC) and Tether (USDT) on the NEAR Protocol Network. Deposits and withdrawals will be opened at 8:00 UTC, May 10, 2024. NEAR Protocol has integrated native support for USDC and USDT, enhancing its utility and appeal to developers, traders, and institutional players. This strategic move facilitates faster transactions, boosts security, and simplifies the user experience, eliminating reliance on third-party bridges. The integration is...

Blockchain

HTX announced collaboration with Astar Network

PRNewswireMay 9, 20245 min

The leading digital assets exchange HTX has collaborated with Astar Network, a blockchain that aims to become Polkadot’s “smart contract hub” and serves as a parachain for Polkadot, in support of its newly launched “TGE Catalyst Grant. This initiative marks a significant step forward in fostering innovation within the blockchain ecosystem, particularly through the Astar zkEVM platform. The TGE Catalyst Grant is designed to empower emerging projects preparing for their Token Generation Events (TGE) on...

Banking

Sunwest Bank Adds Kevin Cutter as Arizona Regional President

PRNewswireMay 9, 20244 min

Cutter Joins Sunwest with Over 30 Years of Banking Experience

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