Citi Enhances FX Execution for Investor Clients with Order Scheduling

Today Citi announced the enhancement of its single-dealer foreign exchange platform, CitiFX¼ Pulse, with new functionality that provides investor clients with the flexibility to stage orders directly from their own execution management system for automatic local market execution at a specified time. Previously, clients could only send FX orders manually to the platform for immediate execution FinTech News. “CitiFX Pulse is a platform that was designed for professional traders, in partnership with our clients,” said...

Motive Partners Raises $473 Million for Inaugural Fund and Recruits Fundraising Veteran Robert Brown

Motive Partners today announced the final close of its inaugural fund, Motive Capital Fund I (MCFI), of more than $473 million. MCFI is managed by Motive Partners and is the firm’s debut private equity fund focusing on growth and buyout opportunities in financial and business services technology companies. Capital commitments came from public pension plans, sovereign wealth funds, alternative asset managers, family offices, endowments and foundations across North America, Europe, the Middle East and Australasia. The Fund has already invested in...

GoCardless Banks on NetSuite to Support International Expansion

NetSuite Helps Innovative UK Fintech Company Enhance Financial Operations and Reshape Global Payments Industry GoCardless, a global direct debit network headquartered in the UK, has selected Oracle NetSuite to support its mission to take the pain out of getting paid for businesses with recurring revenue. With NetSuite, the fintech company, which grew by 60 percent in the last year, has been able to automate financial management and help reduce the complexities of operating across multiple...

Small Business Technology Leader Broadly Acquires about.me

Broadly, the leading mobile-first productivity platform for small businesses, today announced it has acquired about.me, the web profile platform that enables people and companies to easily showcase their professional accomplishments, skills, and experience. “Our goal is to help on-the-go, on-their-feet business owners connect more quickly with modern consumers, who expect Amazon-like speed and responsiveness,” said Josh Melick, CEO and Co-founder of Broadly, which creates simple, easy-to-use technology tools that help small, local business owners stay visible,...

Ping An Explained the Structure of the Company’s Value and the Application of Technology in its Traditional Businesses

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or “the Group” or “the Company”, HKEx: 2318; SSE: 601318) held its Investor Day, in Shenzhen, themed “Core Finance”. Mr. Jason Yao, Chief Financial Officer and Chief Actuary of the Group; Mr. Xie Yonglin, Vice President of the Group and Chairman of Ping An Bank; Mr. Timothy Chan, Chief Investment Officer of the Group; and Ms. Yu Hong, President of Ping An Life, respectively, delivered presentations and analyses of Ping An’s value, retail banking...

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