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Inswitch becomes the official provider for n1co

Inswitch, a global leader in embedded finance technology, and n1co Technologies, a Salvadoran fintech company with a mission to integrate more people into the financial future, announced a new partnership. Inswitch provides n1co with the service of issuing and processing their new VISA debit cards. Thanks to this agreement, n1co users can now make their payments online or at physical points quickly and securely, not only in El Salvador but internationally as well. Using Inswitch’s platform, n1co offers its clients a...

David Nicol Joins GLMX to Spearhead Commercial Operations

GLMX, a leading provider of securities finance technology, announced that David Nicol has joined the Company as Head of Commercial Operations. Based in London, David brings more than a decade of experience driving innovation and commercial growth in fintech businesses. Mr. Nicol comes to GLMX after serving as a Commercial Consultant for the Company. Previously, he Co-Founded and served as CEO at LedgerEdge, an innovative corporate bond trading ecosystem. Before LedgerEdge, David led commercial and...

TransNetwork announced the acquisition of Inswitch

TransNetwork, a B2B payments infrastructure platform for instant money movement in the Americas, announced the acquisition of Inswitch, a provider of embedded finance technology. This strategic acquisition combines TransNetwork’s payments network and instant money movement capabilities with Inswitch’s financial technology solutions offered via an API-based core platform. The transaction will accelerate the development of TransNetwork’s digital product suite for cross-border payments in Latin America. Together, TransNetwork and Inswitch will offer a range of financial technology products for enterprises and...

Resolute Capital Partners Announces $20 Million Investment Commitment in Finance Technology Leverage LLC

Resolute Capital Partners, announced today the company has committed to a $20 million investment in Finance Technology Leverage LLC, a global private equity firm, to finance technological innovations in energy, life sciences, industrial technology, and aerospace that strives to redefine the future FinTech News. “Rarely is a company created with the vision of solving some of the world’s greatest challenges,” said Thomas Powell, senior managing partner and founder of Resolute Capital Partners. “Finance Technology Leverage believes no challenge is...

OneConnect conducted POV workshop on National Digital Trade Platform

OneConnect Financial Technology Co. Ltd. (OneConnect), an associate company of Ping An Group, recently conducted a Proof-of-Value workshop for the National Digital Trade Platform (NDTP) Working Group from the Joint Standing Committee on Commerce, Industry and Banking of Thailand (JSCCIB). JSCCIB, comprising Thai Chamber of Commerce, Board of Trade, Federation of Thai Industries and Thai Bankers Association, has been identified by the cabinet of the government of Thailand as one of the parties that will jointly work with the Office of the Public Sector Development...

China Rapid Finance Announces Strategic Partnership with Chengdu Qiye Technology

China Rapid Finance Limited (NYSE: XRF) (“XRF” or the “Company”) today announced the signing of Letters of Intent (the “LOIs”) with Chengdu Qiye Technology Co., Ltd., (“Qiye”) outlining how the Companies will partner to offer services for institutionally-funded lending to small and medium sized businesses (“SMB”). This new partnership marks another important milestone in the Company’s business transformation since withdrawing from the P2P lending business. Under the planned partnership, XRF will provide technology development and...

Fenergo Wins Deloitte Financial Services Innovation Award

26 September 2019, Dublin – Fenergo, a leading provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, has jointly won the RegTech category at the Deloitte Financial Services Innovation Awards. The award is in recognition of Fenergo’s track record in enabling financial institutions to transform client experiences while ensuring regulatory certainty. Conor Coughlan, Chief Marketing Officer, Fenergo, said: “Ireland has become a melting pot for regulatory technology innovation and this award reinforces Fenergo’s position as the market...

Horizon Technology Finance Provides $8 Million Venture Loan to OutboundEngine

Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries, announced today it has provided an $8 million venture loan to OutboundEngine, Inc. (“OutboundEngine”). OutboundEngine is an all-in-one marketing software that includes a responsive website, relevant content created and sent automatically across email and social media, and hands-free social advertising...

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