business investment - FinTecBuzz

China Rapid Finance Announces Completion of Asset Injection with YBT/SOS and Private Placement

May 19, 20204 min

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...

by PRNewswire

Payment Platform

Deep Labs Announces $16 Million Investment to Drive Next Phase of Growth

May 16, 20205 min

Financing from Leading Fintech Investors Will Support Continued Expansion of Groundbreaking Persona-Based Intelligence Decisioning and Security Platform

by BusinessWire

Brokers/Trading

Mérieux Equity Partners and Korys Announce the Launch of OMX Europe Venture Fund

May 9, 20208 min

Mérieux Equity Partners and Korys announce the launch of a new investment platform in Venture Capital to support innovative companies in the healthcare and nutrition sectors, in Europe and North America. OMX Europe Venture Fund FPCI (“OMX Europe”) was launched with a significant financial commitment representing more than two thirds of the target size of the fund (EUR 90 million) with the support of Korys and Mérieux Développement as sponsors and the contribution of new...

by PRNewswire

Investment Platforms

Darqube – Democratizing Financial Technology for Smarter Investing

May 8, 20205 min

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...

by BusinessWire

Investment Platforms

Wedbush Securities Announces Minority Investment in ETF Managers Group

May 8, 20205 min

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...

by BusinessWire

Investment Platforms

Tegra118 Welcomes Tito Singh as Chief Revenue Officer

May 6, 20205 min

Financial services and technology executive to lead global sales and business development

by PRNewswire

Investment Platforms

PCS Retirement, LLC Becomes Wealth Management Group’s Exclusive Provider

May 5, 20202 min

PCS Retirement, LLC Teams Up With WEI

by BusinessWire

Investment Platforms

SRAX Announces Rebrand of Investor Intelligence Platform, SRAX IR, to Sequire

May 4, 20202 min

Sequire reflects the company’s drive to stand out in the marketplace by way of bold brands and innovative technologies across various verticals.

by BusinessWire

Investment Platforms

Houlihan Lokey Further Builds Its Corporate Finance Capabilities in Australia

May 2, 20203 min

Christian Lunny Joins Sydney Office as a Managing Director

by PRNewswire

Investment Platforms

Phoenix American Financial Services Inc. Announces the Hiring of Tony Olivo

May 1, 20205 min

Phoenix American Financial Services Inc. (Phoenix) announced today that the company has hired Tony Olivo as Vice President of Sales. Mr. Olivo will be responsible for implementing the company’s sales strategy, developing and maintaining an expanded client base for the fund accounting, investor services, back office outsourcing and technology solutions Phoenix provides to alternative investment funds. Mr. Olivo brings to Phoenix American fourteen years of industry experience, over ten of which were with Phoenix American. He began his financial...

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