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Lincoln International, a global investment banking advisory firm, is pleased to announce the expansion of the firm’s capabilities with the opening of an office in Bangalore, India. The Bangalore office is Lincoln International’s 22nd location globally and second in India. The Bangalore office opens under the leadership of Sathya Ramanathan, Director, and Tigmanshu Dubey, Vice President, who each bring extensive mergers and acquisitions (M&A) advisory experience on behalf of technology and technology-enabled service companies. They are a complement to the firm’s growing global...

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Holt Fintech Accelerator is currently receiving applications for their 2020 cohort – version 3.0. This will be the third cohort following active investments in 18 top fintechs, enabling 30+ deals for their startups (ie. half with financial institutions as customers / partners, half with institutional investors), resulting in companies raising an additional $30 M following the program, up from $12 million prior to entering the program. Of Holt’s 18 active portfolio companies, 6 are from Canada, and 8 are now incorporated in Canada....

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MassMutual International LLC (MassMutual International) – Massachusetts Mutual Life Insurance Company’s (MassMutual) holding company for its international operations – and Yunfeng Financial Group (Yunfeng FG, HKSE: 376) announced today the completion of the sale of Hong Kong-based MassMutual Asia Ltd. (MassMutual Asia) to Yunfeng FG and several Asia-based investors. With this transaction, which was originally announced on August 17, 2017 when the two companies and the other investors signed the agreement, MassMutual International will receive approximately USD 1.01 billion in cash (HKD...

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d1g1t Inc., the enterprise financial technology company serving the wealth management industry, announced today that it has closed its second round, Series A financing to fund the continued growth of its enterprise digital wealth management platform. Powered by advanced analytics and risk management tools, the d1g1t platform offers transparent portfolio management services to professional advisors and their clients. d1g1t has raised over CAD $9 million in two private investment rounds lead by Purpose Financial, headed by Som Seif and backed by the...

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Invited by Singapore Government, Ning Tang, Founder & CEO of CreditEase, sat on the Government’s International Technology Advisory Panel (ITAP) from November 2018. The ITAP was set up by the Monetary Authority of Singapore (MAS) in 2016 to advise on international developments in FinTech and how Singapore can harness new technologies to enhance the provision of financial services. Advisors of the ITAP have a two-year term of appointment. The new ITAP comprises industry leaders from 7 countries including China, US, UK, Germany, Israel, Japan and India. Other...

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Clearbanc, a company that funds marketing for fast-growing ecommerce brands, at Techonomy today announced it has closed a $70M USD investment from a group of investors including Emergence Capital, Social Capital, CoVenture, Founders Fund, 8VC, iNovia Capital, Real Ventures, Portag3, Precursor, WTI, Berggruen, and FJ Labs. Emergence Capital Partner Santi Subotovsky will join the company’s board of directors. The company was founded in 2015 by serial entrepreneurs and angel investors Andrew D’Souza and Michele Romanow, who is also a Dragon...

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Instant Access to Loans Loaded on Cards, i2c Payments Processing Technology Integrated with MO Credit Suite, Giving Consumers Access to Digital Payments and Instant ‘Loan-to-Card’ MO Tecnologias LLC (MO), a leading Fintech who has developed an innovative patent-pending proprietary credit scoring technology and loan management platform, is pleased to announce that it has selected payments processing services provider i2c as its technology partner to integrate advanced card functionality with MO’s credit suite and loan management digital platforms. This...

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Figure Technologies, Inc. (FigureTM), a FinTech company creating innovative products and tools that empower homeowners to improve their finances, announced today its first product, the Figure Home Equity LoanPLUS.  Figure’s flagship product allows consumers to borrow against the equity in their home without the paperwork-intensive, 45-day process most lenders require. Figure offers approval in five minutes, funding in five days — all online. According to a recent Home Equity Report by CoreLogic, homeowners with mortgages have seen their...

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