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Stori, the Mexican unicorn, secures US$212 million investment

PRNewswireAugust 7, 20247 min
Stori, the pioneering Mexican startup dedicated to revolutionizing consumer finance with a suite of groundbreaking products and services, announced a new round of equity and debt financing totaling US$212 million. This includes US$105 million in equity led by Notable Capital and BAI with participation from new and existing investors ACE Redpoint Ventures, GIC, General Catalyst, Goodwater, Lightspeed Ventures, and Tresalia, and US$107 million in new debt financing provided by Goldman Sachs and Davidson Kempner Capital Management LP. This investment represents...

AmInvestment Bank Enhances Securities Finance Services with Broadridge

PRNewswireJuly 22, 20244 min
To transform and expand their prime brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, AmInvestment Bank, a company in the Ambank Group and one of the largest banking groups in Malaysia, has deployed global Fintech leader Broadridge Financial Solutions, Inc.’s (NYSE: BR) Securities Finance and Collateral Management platform to enable their Securities Borrowing and Lending product offerings. This single platform allows AmInvestment Bank to simplify and innovate trading, manage...

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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