NYMBUS®, a leading provider of banking technology solutions, today announced a $3 million financing round led by OFG Ventures, LLC, a subsidiary of OFG Bancorp [NYSE: OFG]. The investment is intended to further support significant demand for Nymbus’ unique financial services model that accelerates digital innovation for creating new products, routes to market and revenue streams for banks and credit unions. “Our mission has remained steadfast to help financial institutions of any size succeed with impactful, intentional...
Higgins will play an instrumental role in the continued development of the A.I. platform, machine learning algorithms designed to enhance the customer experience NOW Insurance (NOW), an AI-enabled insurance platform designed to quickly match small business owners and professionals with affordable coverage plans, announced today the hiring of Matt Higgins as executive vice president of engineering. Higgins, who began his role in June, brings a wide breadth of technology and leadership expertise to NOW Insurance’s leadership...
ForumPay, an international cryptocurrency-to-fiat payment service provider, has established a partnership with the global payments provider Bambora, a Worldline brand, to bring seamless crypto payment solutions to merchants and online shoppers. The partnership will cater to a large global audience and offer expanded payment options for both shoppers and merchants. ForumPay continues its march to dominate the growing crypto payments ecosystem for merchants around the world. “ForumPay provides merchants with a seamless, secure and instant...
Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) (“Peak” or the “Company”), an innovative Fintech service provider to the Chinese commercial lending sector, today released its revenue, EBITDA and earnings guidance for the years 2021, 2022 and 2023. “We’re very pleased to inform our shareholders that our recent capital raise has secured our ability to meet short-term objectives set by the Company both in terms of development and revenue growth,” said Peak CEO Johnson Joseph. “While expecting...
Portage Fintech Acquisition Corporation (the “Company”) today announced that it priced its initial public offering of 24,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Stock Market, LLC (“Nasdaq”) and will trade under the ticker symbol “PFTAU” beginning July 21, 2021. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class...
Entrepreneur Krissy Mashinsky Grows Blockchain Biz Amid Pandemic Working women have been particularly hit hard by the job losses and dislocation wrought by the COVID pandemic. Women have lost close to six million jobs since the pandemic began, according to the Department of Labor. Fortunately, a new trend is emerging, women are starting their own businesses at an unprecedented rate. At the height of the pandemic, Krissy Mashinsky, a former top executive at popular Urban Outfitters,...
CoinPayments, the world’s leading cryptocurrency payment processor, today announced Sara Dube as Global Partnership Development Manager and Marc Bourgeois as Business Development and Sales Manager for Canada. Both will bring their considerable industry experience to CoinPayments’ global business development and partnerships team, supporting the ongoing expansion strategy. “CoinPayments has been making significant strides in the North American market, building relationships with new payment service providers and merchant organizations of all sizes,” said Jason Butcher, CEO of CoinPayments.”Sara and Marc bring a...