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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...

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KPMG China announced top 50 leading companies in Fintech, and 360 Finance, Inc., a leading digital consumer finance platform, awarded one of the top 50 companies of the year. KPMG China Leading 50 Fintech Companies is an authoritative list which is devoted to promote Chinese fintech companies to be researching and learning examples in the worldwide. This list makes the application of the latest technology, financial model innovation, transformation to the traditional finance and improvement of financial efficiency as...

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Think Finance, a provider of credit and financial wellness tools receives an exit plan and settlement approval from Bankruptcy Court On December 7, 2019, the business operations of Think Finance, and its subsidiaries emerged from Chapter 11 bankruptcy proceedings as reorganized entities following approval of their joint Chapter 11 plan by the United States Bankruptcy Court for the Northern District of Texas. As part of the ruling, the Think Finance entities resolved all governmental and...

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Vista Capital Company is a Los Angeles-based, real estate investment banking firm Closes $22,500,000 of Financing for Two Hotels in Indiana Vista Capital Company, a Los Angeles-based, real estate investment banking firm that arranges financing for hotels announced that it recently arranged $22,500,000 of financing for the Candlewood Suites located in Terre Haute, Indiana and the Holiday Inn Express in downtown Indianapolis. The loans were funded separately and were not cross-collateralized. Zak Selbert, founding principal...

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Pintec Technology Holdings Ltd. (“Pintec”;NASDAQ: PT), a leading independent fintech solutions provider, today announced a strategic alliance with Industrial and Commercial Bank of China (ICBC) to jointly leverage financial technologies to improve the efficiency of lending services for small and micro-sized enterprises (SMEs). ICBC is one of China’s “Big Four” state-owned commercial banks and the world’s largest bank and public company by total assets. As of 2019, ICBC tops the rankings of Top 1000 World...

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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...

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