Business - FinTecBuzz

KFin Technologies Announces Leadership Transition

June 16, 20206 min

KFin Technologies Private Limited. (“KFin” or the “Company”, formerly known as Karvy Fintech Pvt. Ltd.), one of India’s largest Registrars and a market leader in the investor servicing industry, has appointed Sreekanth Nadella, presently the COO of KFin, to take charge as Chief Executive Officer (CEO) of the Company with effect from June 15th, 2020 FinTech News. Sreekanth takes over from Ganesh Venkatachalam, the current Managing Director & CEO of KFin, who leaves the Company on June 12th, 2020, after...

by PRNewswire

Risk Management

Open Lending and Nebula Acquisition Corporation Announce Business Combination Agreement

January 7, 202018 min

Open Lending to be Publicly Listed Company with Estimated $1.3 Billion Enterprise Value upon Consummation of Transaction

by FTB News Desk

Payments

Wirex Reveals WXT, a new Native Cryptocurrency

June 10, 20197 min

LONDON, June 10, 2019 /PRNewswire/ — Wirex, a market-leading digital payment platform, today announced the release of the Wirex Token (WXT), their first native cryptocurrency, in an Initial Exchange Offering (IEO) on OKEx. The new token is designed to help users access unique rewards, save on fees and own their own share of Wirex. Pavel Matveev, Wirex CEO, explains: “We believe that the nascent token economy will eventually replace conventional fiat currency as the dominant form of payment. The...

by FTB News Desk

Asset Management Investments

AB Announces New Leadership Roles

June 6, 20195 min

Kate Burke appointed Chief Administrative Officer; Karl Sprules named Head of Global Technology and Operations

by FTB News Desk

Asset Management

Personal Capital Raises $50M in Series F Funding

February 6, 201910 min

Personal Capital, a leading digital wealth management company, today announced that it has raised $50 million in a Series F funding round led by IGM Financial Inc., the largest investor and member of the Power Financial Corporation group of companies, at a higher valuation than prior rounds. The additional investment comes amidst a flurry of development and growth for the business and reflects IGM Financial’s confidence in the business. Personal Capital has recently surpassed $8.5 billion in assets under...

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