CLPS Incorporation Receives 2018 Fintech Brand Leadership Award from the China Finance Summit

CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), a leading information technology (“IT”) consulting and solutions service provider focusing on the banking, insurance and financial sectors in China and globally, today announced that it received the 2018 Fintech Brand Leadership Award at the China Finance Summit Winter Forum on November 30, 2018, in Beijing, China. “We are honored to receive the China Finance Summit’s 2018 Fintech Brand Leadership Award,” commented Mr. Raymond Lin, Co-Founder and Chief Executive Officer of CLPS. “The...

Averon’s Lea Tarnowski Named Finalist at the Banking Technology Awards

Averon co-founder and chief operating officer, Lea Tarnowski, has been named a finalist in the Banking Technology Awards’ Woman in Technology Leadership category. Acknowledged as one of two ‘Highly Commended’ nominees among a field of thirteen extraordinary global executives, Tarnowski was recognized for her distinguished leadership and for being a female role model who has bridged financial services experience with technology leadership. The Woman in Technology (W.I.T.) Award (in partnership with FemTechGlobal) recognizes an outstanding woman for her distinguished leadership...

Velotrade becomes first Account Receivables Financing Platform to obtain SFC Licence in Hong Kong

Velotrade, the first Account Receivables Financing Platform in Hong Kong to obtain a Type 1 Regulated Activity licence by the Securities and Futures Commission, is now ready to provide leading institutions with access to new investment opportunities in this steadily developing alternative asset class. Since commencing operations in 2017, Velotrade has handled cross-border financing deals in Hong Kong, China, Singapore, Taiwan and Vietnam with automotive; electronics manufacturing; brand name supermarket chains; and leading garment industry players. Now the company is set to deliver...

MPOWER Financing Expands Geographic Coverage to Canada

Mission-driven fintech company now provides education financing to international students studying at top Canadian universities WASHINGTON and TORONTO, Dec. 12, 2018 /PRNewswire/ — MPOWER Financing, the innovative fintech firm focused on removing financial barriers to education in the U.S., is now expanding its merit-based loans to high-promise international students in Canada. MPOWER Financing launched its Canadian international student loan program at 12 universities across Ontario and British Columbia and intends to gradually expand the selection of both schools and provinces. Canadian students will have access...

Jianpu Technology Inc. Appoints New Independent Director

Jianpu Technology Inc. (“Jianpu,” or the “Company”) (NYSE: JT), a leading independent open platform for discovery and recommendation of financial products in China, today announced the board of directors (the “Board”) has appointed Mr. Kuang-Yu (Jeff) Liao as an independent director, effective November 15, based on the unanimous recommendation of the nominating and corporate governance committee of the Board. Mr. Kuang-Yu (Jeff) Liao has been appointed as the chairman of the nominating and corporate governance committee, a member of both the audit...

MPOWER Financing Hires Maureen Klovers as First Director of Social Impact

Maureen Klovers, an executive with over a decade of experience in government, financial services, higher ed and social impact, has been appointed to the new post of director of social impact for MPOWER Financing, the public benefit corporation focused on removing financial barriers to higher education for international students in the U.S. Klovers has more than a decade of experience in government, financial services, higher ed and social impact. At MPOWER Financing, she will be responsible...

MassMutual International Completes Sale of MassMutual Asia to Yunfeng FG and Several Asia-Based Investors

MassMutual International LLC (MassMutual International) – Massachusetts Mutual Life Insurance Company’s (MassMutual) holding company for its international operations – and Yunfeng Financial Group (Yunfeng FG, HKSE: 376) announced today the completion of the sale of Hong Kong-based MassMutual Asia Ltd. (MassMutual Asia) to Yunfeng FG and several Asia-based investors. With this transaction, which was originally announced on August 17, 2017 when the two companies and the other investors signed the agreement, MassMutual International will receive approximately USD 1.01 billion in cash (HKD...

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