Business Tools - FinTecBuzz

Peak 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

Financial Software

Portage 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

Financial Software

Fintech 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

Financial Software

FinTech 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

Financial Software

Buy 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

Financial Software

Luminate 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

Financial Software

Fintech 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...

by PRNewswire

Financial Software

Mukuru Wins for its Innovative Online Remittance Fintech App

May 14, 20215 min

Mukuru Africa (Pty) Ltd was awarded the “Most Innovative Online Remittance App” in South Africa by Global Brands Magazine during 2021 FinTech Awards Program. Mukuru Africa was recognized by the jury for their successful efforts in creating a reliable financial banking ecosystem. Founded in 2004 in the United Kingdom, Mukuru is an Africa-based Fintech company that gives the emerging consumer, access to affordable and reliable financial services. Their foundation is built on international money transfers and today as the largest Money Transfer provider in Africa enables...

by PRNewswire

Financial Software

FE Credit Launches Fintech Accelerator Program – FE XCELERATE 2021

May 13, 20215 min

“The program’s objective is to explore new solutions for FE Credit, thereby offering fintech professionals the opportunity to demonstrate their solutions for the commercial market and scale up their business,” says Mr. Xi Giang – Head of Innovation Department of FE Credit. FE Credit – in partnership with Expara – officially announces the launching of FE XCELERATE 2021. Mr. Xi Giang commented – “Prior to 2017, FE Credit focused on growing its physical network. Today, the company is...

by PRNewswire

Financial Software

FinTech Automation Named to WealthTech 100 List

May 10, 20213 min

FinTech Automation recognized in the 2021 WealthTech 100, a comprehensive list of the most innovative firms worldwide in the financial technology industry. FinTech Automation, LLC, a Dallas, Texas-based financial technology firm dedicated to creating WealthTech and banking-as-a-service solutions for small- and mid-sized banks and wealth advisors, has been selected to the WealthTech 100 list for 2021. The WealthTech 100 is an annual list of the most innovative tech solution providers for the wealth management and banking...

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