Fortis Announces Launch of Equipment Financing Banking Product

Furthering its commitment to providing the best banking solutions for their clients, Fortis, a high-growth commercial bank serving small- to medium-sized privately held businesses in Colorado and Utah, announced the launch of its Equipment Financing product offering. Chris Case will be responsible for the development and execution of this new product at Fortis, aligning with the bank’s growth goals by originating and structuring equipment loans that provide significant value to existing and new clients. He joins Fortis with a...

DeFiato Completes First Round of Private Fundraise

Strong investor interest and participation from prominent Decentralised Finance-focused funds such as DAO Maker and Mirana Ventures Surpassed 80,000 international users within 6 months DeFiato, a next-generation fintech platform for Decentralised Finance (DeFi), successfully completed the first round of its private token sale. Participating investors include leading DeFi-focused funds DAO Maker, Mirana Ventures (a venture partner of Bybit and BitDAO), CRC Capital, Double Peak Group, Dweb3 Capital and 7 O’Clock Capital. The strong interest and...

Prophecy DeFi Provides Operational Update on Layer2 Blockchain

Prophecy DeFi Inc. (“Prophecy DeFi“, “PDFI” or the “Company“) (CSE: PDFI) is pleased to provide an operational update, further to its press release dated October 19, 2021, on its wholly owned subsidiary, Layer2 Blockchain Inc. (“Layer2” or the “Subsidiary“) Layer2 Blockchain Investment Update Since our press release of October 19th highlighting the first 90 days of operations, Layer2 has continued to produce significant returns from existing positions, generating yield and capital gains of $2.98M from its original $3.65M in deployed capital in...

Celsius launches crypto-backed loans in California at 0% APR

Celsius, the leading global cryptocurrency earning and borrowing platform, announced today the opening of its retail-lending services to customers in California. Earlier this month, Celsius received its Finance Lender license in California, enabling the company to expand its operations in the state and provide Californians with even more industry-leading financial tools. Currently, borrowers in California can request a Celsius loan issued in USD and stablecoins against 39 cryptocurrencies at 0% APR (25% LTV). With a minimum request amount of...

MBO Partners® Announces New CFO to Advance Platform and Fuel Growth

Company adds fintech and SaaS expert, Eric Dutcher to executive team MBO Partners, a deep job platform powering relationships between independent professionals and enterprise organizations, today announced that Eric Dutcher will join the company as Chief Financial Officer. “Eric’s expertise in SaaS and long track record of driving operational excellence are a perfect match for our vision and culture,” said Miles Everson, MBO Partners CEO. “As a platform at the forefront of the future of work, we are...

KFin Technologies Announces Leadership Transition

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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