ePayRails Announces Rebrand to Fintainium, Inc.

ePayRails, a financial workflow services company, announces that it has rebranded to Fintainium, Inc. The comprehensive rebrand follows the company’s initiative to create an image that more accurately reflects the strong services and value that the company adds to its target client base. The name change of ePayRails to Fintainium reflects the completion of the first step in the company’s rebranding process.  Following the name change the company will soon unveil its new logo, website...

China Rapid Finance’s Micro Credit Company Just Received Annual Compliance Review Approval

China Rapid Finance Limited (NYSE: XRF) (“XRF” or “the Company”), one of China’s leading fintech companies, today reported that its Micro Credit Company just received the approval from the local regulatory annual compliance review. Several members of the management team plan to buy the Company’s stock during the open trading window, in accordance with applicable rules and regulations. Dr. Zane Wang, Founder, Chairman and Chief Executive Officer of the Company, noted: “When the regulators are closing marketplace lending platform...

JPMorgan Chase Financial Company LLC Announces the Early Redemption of Cushing® 30 MLP Index ETNs

JPMorgan Chase Financial Company LLC (the “Issuer”) announced today that it will redeem all of its outstanding Cushing 30 MLP Index ETNs due June 15, 2037 (the “Redeemed ETNs”) with a CUSIP of 48129G703 (NYSE Arca: PPLN). Terms used but not defined herein shall have the meanings ascribed to those terms in the market-making supplement dated April 5, 2018 related to the Redeemed ETNs (the “Market-Making Supplement”). fintech news The Redemption Valuation Date will be...

Paydesk partners with TransferWise

This Fintech collaboration offers low-cost bank fees and free insurance for global freelancers Paydesk, a leading British freelance payments platform today announced a partnership with TransferWise, the fintech company for moving money worldwide, to offer the most efficient payments to freelance workers. Now more freelancers across the world will be able to access the benefits of Paydesk features such as immediate insurance cover and quick payments for work. Freelancers on the Paydesk platform now benefit...

Qander Consumer Finance Transforms Retail Lending Process With Newgen

Newgen Software, a global provider of low code automation platform managing content, processes, and communication, today announced that Qander Consumer Finance automated its loan origination lifecycle and improved loan volumes using Newgen’s retail loan origination solution. Using Newgen’s solution, Qander created its custom Qander Origination System (QOS). The solution helped Qander achieve end-to-end process automation, effective risk management, straight-through processing, real-time report generation, and enhanced visibility into the lending process. “Together with Newgen, Qander has...

FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank

FinVolution Group (formerly known as “PPDAI,” or the “Company”) (NYSE: FINV), a leading fintech platform in China, today announced the completion of an equity investment in Fujian Haixia Bank (“FHB”). Pursuant to the share purchase agreement, FinVolution Group has subscribed for 281 million of newly issued shares of FHB which accounted for approximately 4.99% of FHB’s total issued shares at the closing of this transaction. Concurrent with the equity investment agreement, FinVolution Group and FHB entered into a strategic partnership,...

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