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Investcorp and Securitize Form Partnership to Tokenize Funds

PRNewswireJune 27, 20244 min
Investcorp, a leading alternative investment firm, and Securitize, the leader in tokenizing real-world assets, announced a strategic partnership to explore fund tokenization opportunities initially within Investcorp’s Strategic Capital Group (“ISCG”). ISCG is focused on acquiring minority interests in alternative asset managers (GPs), particularly GPs who manage longer-duration private capital strategies. The group manages approximately $1.5 billion of AUM and has completed 12 investments since its launch in 2019, placing it among the most active GP stakes investors...

Remote, Nium Partner for Real-time Cross-border Payments

PRNewswireJune 5, 20247 min
Remote, the leading global HR platform for distributed companies, has selected Nium, the global leader in real-time cross-border payments, to enhance its international payroll capabilities. The partnership will be launched on a global scale, enabling businesses to instantly send employee payroll and contractor payments worldwide. As more businesses look at new markets to power growth, the ability to hire and scale across borders is rapidly becoming a key differentiator. But for global companies, managing multi-country payroll...

Wayne Savings Bancshares, Main Street Financial Complete Merger

PRNewswireJune 3, 20244 min
Wayne Savings Bancshares, Inc., the holding company of Wayne Savings Community Bank (“Wayne Savings”) and Main Street Financial Services Corp., the holding company of Main Street Bank Corp. (“Main Street Bank”), jointly announced today the closing of their previously announced merger. Mark R. Witmer, the Executive Chairman of Main Street, the resulting institution, said, “This is an exciting day for us as we combine two community banks with a commitment to bring lasting value to...

Alchemy Pay to Launch Web3 Digital Banking Solution for Enterprises

PRNewswireMay 22, 20246 min
Alchemy Pay, the leading fiat-crypto payment solution provider, is set to launch its latest venture, the Web3 Digital Bank. This new initiative will offer global Web3 businesses a compliant, easy, and reliable means to open and operate multi-fiat accounts, streamline cash flows within a single account, and facilitate seamless conversions between fiat and cryptocurrency. This fresh initiative, inspired by Ripple’s model for cross-border payments, addresses key challenges while introducing innovative solutions. Web3 companies have long faced urgent needs and significant...
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