business news - FinTecBuzz

4Stop Partners With Hexopay

January 28, 20205 min

4Stop a global risk management provider announces partnership with Hexopay for an Innovative Link Between Identity and Payment Services A global risk management provider, 4Stop, announces its exciting partnership with Hexopay, bringing together a shared ethos of single API platforms. Both companies enable merchants to integrate once and access everything they need for truly global coverage, optimization of customer onboarding and authorization, whilst mitigating fraud risk. This partnership firmly bridges the link between identity and...

by Chandrima S.

Payment Platform

Upgrade Pack Flies Past £5m Seed Funding for Travel Upgrade Platform

January 28, 20205 min

UK fintech scaleup Upgrade Pack has surpassed £5m in seed funding after finalizing a new £1.5m private investment round today UK fintech scaleup Upgrade Pack, the first app globally to provide exclusive, discounted flight and hotel upgrades, has surpassed £5m in seed funding after finalizing a new £1.5m private investment round today. The new finance raises swiftly follows the expansion of the organization into APAC in August last year and will fuel further business growth...

by PRNewswire

Payment Platform

MSTS and PACCAR Parts celebrate 10-year global partnership

January 28, 20206 min

Longstanding partnership with MSTS fuels PACCAR Parts’ expansion into 23 countries

by PRNewswire

Business Tools

FMG Suite Launches MarketingCentral for Cetera Financial Group

January 28, 20205 min

Modern marketing solution helps advisors grow AUM with powerful digital marketing tools and a robust content library

by BusinessWire

Personal Finance/Investment

Calibrate Ventures Adds Two Veteran Operators as Venture Partners

January 28, 20208 min

Aimée Leifer and Dan Murray Join Leading Early Stage Investment Firm

by PRNewswire

Analytics/BI

SEI Ventures and ForwardLane Partner to Scale AI Insights for Financial Service Professionals

January 28, 20208 min

ForwardLane, the leader in providing AI driven intelligence to financial services professionals, is thrilled to announce SEI Venture’s strategic investment into the company, to accelerate growth and the provision of powerful, personalized insights for wealth managers, asset managers and commercial banks. SixThirty Global Fintech Fund joined SEI Ventures in the investment round as a follow-on to their first investment in 2018. ForwardLane is a fast-growing, award-winning AI fintech startup that enables proactive, personalized advisory and...

by PRNewswire

Banking Platform

Kurtosys Raises Funding From Vistara Capital to Accelerate Global Growth

January 28, 20205 min

Kurtosys, a leading digital experience platform (DXP) provider for financial service firms, announced today that it has secured growth capital from Vistara Capital Partners. This funding enables the company to accelerate its global growth initiatives and invest further in the automation and delivery of exceptional investor experiences. Kurtosys provides an end-to-end digital experience platform that empowers global financial services firms to easily create, manage, publish and optimize all their financial data, documents, websites and content in...

by Ashish Y.

In-House Features

Brokerage vs Investment Bank – Which is better?

January 27, 202011 min

by Chandrima S.

Payment Platform

Axle Receives $1.4 Million in Pre-Seed Funding

January 27, 20206 min

Trucks Venture Capital, Plug and Play Ventures, 37 Angels, Fontinalis Partners, and Techstars Invest $1.4M in next-generation carrier payments platform Axle, the financial partner for the modern freight broker, today announces that it has received $1.4 million in pre-seed funding led by Trucks Venture Capital. Axle modernizes factoring, an alternative option to lending, which gives small businesses the cash flow needed to pitch, win and service competitive contracts. The round will help grow the Axle...

by PRNewswire

Banking Platform

SVB Financial Group Board of Directors Declares Series A Preferred Stock Dividend

January 27, 20203 min

SVB Financial Group (“SVB”) (NASDAQ: SIVB) today announced that its Board of Directors declared a quarterly cash dividend of $9.625 per share on SVB’s 5.250% fixed-rate non-cumulative perpetual Series A Preferred Stock, liquidation amount $1,000 per share, which are represented by depositary shares (NASDAQ: SIVBP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.240625 per depositary share. The dividend is payable on February 18, 2020 to...

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