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New report finds that despite a challenging 2020 for the financial sector, remarketing efforts soared 3x and non-organic installs increased 70% globally AppsFlyer, the global marketing measurement leader, today released its 2021 edition of The State of Finance App Marketing. The COVID-19 pandemic directly impacted how consumers interact with financial institutions and how the institutions themselves operate. According to the report, Financial Technology (FinTech) apps are in high demand, experiencing a 132% leap globally in downloads...

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Unchained Capital, Inc. announced today the initial closing of a $25 million Series A capital raise led by institutional bitcoin technology and financial services firm NYDIG and parent company Stone Ridge Holdings Group. In addition to leading the equity round and increasing their minority stake, NYDIG has made an incremental lending commitment of $100 million and will continue to be the principal funding partner to Unchained in support of its leading bitcoin-backed multisig lending platform. This increase brings NYDIG’s...

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Oversubscribed Fund Surpasses $700 Million Target Luminate Capital Partners announced today the closing of Luminate Capital Partners III, LP with $1 billion of committed capital from a broad group of global institutional investors. The oversubscribed fund closed at its hard cap and above its $700 million target, bringing the firm’s total assets under management to $1.7 billion. Since inception, Luminate has built a portfolio of 13 market-leading enterprise software companies, most recently adding Axonify, the leader in frontline employee training software. The firm...

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Amidst growing investor sentiment and exponential growth, Finexio announces Joe Proto, EVP Senior Advisor at Mastercard, as the latest in a string of distinguished fintech executives to align themselves with the AP Payments as a Service company. Orlando-based “AP Payments as a Service” company Finexio today announced the appointment of Joe Proto, EVP Senior Advisor at Mastercard, to its Board of Directors. Proto brings over four decades of executive-level experience scaling multi-million-dollar enterprises in the billing and payments...

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Mukuru Africa (Pty) Ltd was awarded the “Most Innovative Online Remittance App” in South Africa by Global Brands Magazine during 2021 FinTech Awards Program. Mukuru Africa was recognized by the jury for their successful efforts in creating a reliable financial banking ecosystem. Founded in 2004 in the United Kingdom, Mukuru is an Africa-based Fintech company that gives the emerging consumer, access to affordable and reliable financial services. Their foundation is built on international money transfers and today as the largest Money Transfer provider in Africa enables...

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“The program’s objective is to explore new solutions for FE Credit, thereby offering fintech professionals the opportunity to demonstrate their solutions for the commercial market and scale up their business,” says Mr. Xi Giang – Head of Innovation Department of FE Credit. FE Credit – in partnership with Expara – officially announces the launching of FE XCELERATE 2021. Mr. Xi Giang commented – “Prior to 2017, FE Credit focused on growing its physical network. Today, the company is...

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FinTech Automation recognized in the 2021 WealthTech 100, a comprehensive list of the most innovative firms worldwide in the financial technology industry. FinTech Automation, LLC, a Dallas, Texas-based financial technology firm dedicated to creating WealthTech and banking-as-a-service solutions for small- and mid-sized banks and wealth advisors, has been selected to the WealthTech 100 list for 2021. The WealthTech 100 is an annual list of the most innovative tech solution providers for the wealth management and banking...

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