Business Tools | FinTecBuzz

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Financial SoftwarePeak Fintech Acquires Minority Stake in China UnionPay Subsidiary

July 30, 20214 min

Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) (“Peak” or the “Company”), an innovative Fintech service provider to the Chinese commercial lending sector, today announced that it has acquired a minority stake in China UnionPay subsidiary Rongbang Technology Ltd. (“Rongbang”). Earlier this year, Peak signed an agreement with Rongbang that allows Peak to use the China UnionPay network to provide fund transfer and payment settlement services within its Lending Hub ecosystem. After working closely with Rongbang (https://www.masget.com/) to connect to...

by BusinessWire

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Financial SoftwareSRAX To Host the LD Micro Main Event

July 27, 20213 min

SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, will host the 2021 LD Micro Main Event, both in-person in Los Angeles and virtually via their Sequire Virtual Events platform, on October 12-14. LD Micro is the host of the most influential conferences in the small and microcap world. The LD events have been presented virtually since the start of the pandemic....

by PRNewswire

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Financial SoftwareFinTech Startup TiiCKER Closes $2 Million Pre-Seed Round

July 23, 20216 min

Funding Earmarked for Software Development, Talent, New AI Features to Keep Pace with Client Growth Retail investor engagement, marketing and stock perks startup TiiCKER™ announced the closing of $2 million in pre-seed funding from a group of venture capital and high net worth investors, including Red Cedar Ventures and several YPO (Young Presidents’ Organization) members interested in backing one of their own. Investor relations and consumer marketing veteran Jeff Lambert (Tii: JEFE) founded TiiCKER in 2019, inspired by his YPO...

by PRNewswire

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Financial SoftwarePeak Fintech Releases Revenue and Earnings Guidance

July 21, 20218 min

Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) (“Peak” or the “Company”), an innovative Fintech service provider to the Chinese commercial lending sector, today released its revenue, EBITDA and earnings guidance for the years 2021, 2022 and 2023. “We’re very pleased to inform our shareholders that our recent capital raise has secured our ability to meet short-term objectives set by the Company both in terms of development and revenue growth,” said Peak CEO Johnson Joseph. “While expecting...

by PRNewswire

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Financial SoftwarePortage Fintech Acquisition Corporation Announces IPO

July 21, 20219 min

Portage Fintech Acquisition Corporation (the “Company”) today announced that it priced its initial public offering of 24,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Stock Market, LLC (“Nasdaq”) and will trade under the ticker symbol “PFTAU” beginning July 21, 2021. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class...

by BusinessWire

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Financial SoftwareFintech Company OneConnect to Announce Q2 Financial Results

July 12, 20212 min

OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) (“OneConnect” or the “Company”), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release financial results for the second quarter 2021 after U.S. markets close on Tuesday, August 3, 2021. A conference call will follow on the same day. Date/Time Tuesday, August 3, 2021 at 9:00 p.m., U.S. Eastern Time Wednesday, August 4, 2021 at 9:00 a.m., Beijing Time Online registration http://www.directeventreg.com/registration/event/2197096 Please...

by BusinessWire

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Financial SoftwareFinTech Marketers Invested $3B on User Acquisition in 2020

June 10, 20218 min

New report finds that despite a challenging 2020 for the financial sector, remarketing efforts soared 3x and non-organic installs increased 70% globally AppsFlyer, the global marketing measurement leader, today released its 2021 edition of The State of Finance App Marketing. The COVID-19 pandemic directly impacted how consumers interact with financial institutions and how the institutions themselves operate. According to the report, Financial Technology (FinTech) apps are in high demand, experiencing a 132% leap globally in downloads...

by PRNewswire

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Financial SoftwareBuy Now Pay Later Platform Divido Raises $30 million Series B

June 3, 20214 min

Funding Round Led by HSBC and ING Will Drive International Expansion

by PRNewswire

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Financial SoftwareLuminate Capital Partners Closes $1 Billion Fund III

June 1, 20213 min

Oversubscribed Fund Surpasses $700 Million Target Luminate Capital Partners announced today the closing of Luminate Capital Partners III, LP with $1 billion of committed capital from a broad group of global institutional investors. The oversubscribed fund closed at its hard cap and above its $700 million target, bringing the firm’s total assets under management to $1.7 billion. Since inception, Luminate has built a portfolio of 13 market-leading enterprise software companies, most recently adding Axonify, the leader in frontline employee training software. The firm...

by PRNewswire

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Financial SoftwareFintech Firm Finexio Appoints Joe Proto to Board of Directors

May 17, 20216 min

Amidst growing investor sentiment and exponential growth, Finexio announces Joe Proto, EVP Senior Advisor at Mastercard, as the latest in a string of distinguished fintech executives to align themselves with the AP Payments as a Service company. Orlando-based “AP Payments as a Service” company Finexio today announced the appointment of Joe Proto, EVP Senior Advisor at Mastercard, to its Board of Directors. Proto brings over four decades of executive-level experience scaling multi-million-dollar enterprises in the billing and payments...

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