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Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrial, and software industries, announced today the sale of Innovative Aftermarket Systems (IAS), a premier marketer, administrator, and underwriter of vehicle protection products, to iA Financial Group (TSX: IAG).Fintech News Headquartered in Austin, IAS is the leading provider of automotive warranties, vehicle services contracts (VSC), training, and related software and services sold across a broad and diverse distribution...

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Massive Mutual Fund Availability at Low or No Cost to Citizens Worldwide Greenwich, Conn., United States: Interactive Brokers Group, Inc. (Nasdaq:IBKR) today announced the launch of its new Mutual Fund Marketplace, which offers availability to more than 25,000 mutual funds, including over 21,000 no load and 8,300 no transaction fee funds, from more than 290 fund families. The marketplace, which can be visited at ibkr.com/funds, is available to residents in over 200 countries and territories.“The Interactive Brokers...

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China Rapid Finance Limited (NYSE: XRF) (the “Company“) today announced the closing of the asset injection and private placement transactions on May 15, 2020. Upon closing of the transactions, Yong Bao Two Ltd. (“YBT“), a holding company that controls SOS Information Technology Co., Ltd. (“SOS“) via contractual arrangements now becomes a wholly owned subsidiary of the Company.Fintech News YBT, through its consolidated subsidiaries, is a significant player in the emergency rescue business providing emergency healthcare services, emergency...

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Beating Wall Street means staying ahead of the curve. Darqube, a London based Fintech start-up, provides the solution that revolutionizes the way retail investors make their decisions. Current trading analytics tools for retail investors provide limited insights, while professional platforms used by financial institutions are too expensive. Studies show that 90% of retail traders lose money, and one of the reasons is the lack of access to technology. Machines perform over 80% of trades in the financial markets. Therefore, to generate profits...

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Wedbush Securities and ETF Managers Group (ETFMG) today announced that Wedbush has made a minority investment in ETFMG to support the continued growth of their innovative thematic ETF platform. The investment is a natural progression of the firms’ commercial relationship, built over the past two years, notably seen in their collaboration on three thematic equity ETFs in the market providing access to cannabis, cloud computing and video game technology. Wedbush’s commitment will fuel significant emerging...

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