Institutional Investment - FinTecBuzz

Levine Leichtman Capital Partners Acquires Resolution Economics in Partnership With Existing Management

January 7, 20205 min

Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced that it has acquired Resolution Economics, LLC (“Resolution” or the “Company”) in partnership with the existing management team. Terms of the transaction were not disclosed. fintech news Resolution is a specialty consulting firm that provides economic and statistical analysis as well as expert testimony to leading law firms and corporations in labor & employment and commercial litigation matters. Resolution specializes in highly complex...

by FTB News Desk

Institutional Investment

PINTEC Joins Forces with Xiaomai Zhujiao to Enable Installment Financing for Education Institutions

February 23, 201911 min

Pintec Technology Holdings Ltd. (“PINTEC”) (NASDAQ: PT), a leading independent technology platform enabling financial services in China, today announced a partnership with Xiaomai Zhujiao, a leading provider of education management software systems in China, to jointly develop a consumer financing solution for education and training institutions. Based on its “SaaS+” service platform, PINTEC will cooperate with Xiaomai Zhujiao to develop a consumer installment payment system. PINTEC will leverage its accumulated experience and customers in the education market to...

by FTB News Desk

Institutional Investment

MPOWER Financing Expands Geographic Coverage to Canada

December 12, 20187 min

Mission-driven fintech company now provides education financing to international students studying at top Canadian universities WASHINGTON and TORONTO, Dec. 12, 2018 /PRNewswire/ — MPOWER Financing, the innovative fintech firm focused on removing financial barriers to education in the U.S., is now expanding its merit-based loans to high-promise international students in Canada. MPOWER Financing launched its Canadian international student loan program at 12 universities across Ontario and British Columbia and intends to gradually expand the selection of both schools and provinces. Canadian students will have access...

by FTB News Desk

Institutional Investment Investments

Wonolo Raises $32M in Series C Financing Led by Bain Capital Ventures to Democratize Gig Work and Streamline Temporary and Seasonal Staffing

November 19, 201810 min

Wonolo, the leading on-demand staffing platform enabling businesses to fill their immediate labor needs, announced today it has closed a $32 million Series C funding round led by Bain Capital Ventures. The round brings Wonolo’s total venture funding to $60 million and includes participation from new investor DAG Ventures and support from existing investors Sequoia Capital, Base10, AMN Healthcare, and Cendana. Wonolo will use the new capital to expand its team and accelerate growth to meet the nation’s high level of...

by FTB News Desk

Institutional Investment Investments

MPOWER Financing Hires Maureen Klovers as First Director of Social Impact

November 19, 20188 min

Maureen Klovers, an executive with over a decade of experience in government, financial services, higher ed and social impact, has been appointed to the new post of director of social impact for MPOWER Financing, the public benefit corporation focused on removing financial barriers to higher education for international students in the U.S. Klovers has more than a decade of experience in government, financial services, higher ed and social impact. At MPOWER Financing, she will be responsible...

by FTB News Desk

Institutional Investment Investments

From Startup to Financial Blockchain Leader: BANKEX Signs Deal With Institutional Investors

November 11, 201811 min

BANKEX’s recent registration in Malta has paved the path to the first sale of BANKEX tokens to a leading institutional investor on the financial assets market. The tokens that are now in the possession of this financial powerhouse are time-locked and will be used within the framework of the BANKEX STO. With this success, BANKEX is now focusing on its main infrastructure services and tech: BANKEX Custody Service, BANKEX Token Exchange, Ethereum Plasma Prime, and an STO...

by FTB News Desk

Institutional Investment Investments

Ideanomics Closes on Purchase of University of Connecticut’s Former West Hartford Campus

October 10, 201815 min

Ideanomics to convert former UCONN campus into Fintech Village: the company’s global headquarters for technology and innovation — A planned $283 million-plus investment will focus on being an ultra high-speed computing facility and laboratory for developing new and leading edge fintech solutions utilizing artificial intelligence, deep learning, IoT, and blockchain. — Fintech Village will stimulate the highest innovation by boasting the finest in urban design, sustainable and green technologies, and community connectivity factors. — Fintech...

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