Paystand Raises $20M to Give Businesses a Frictionless, Open Infrastructure for Commercial Finance
February 7, 20207 min
Blockchain payments leader accelerates expansion of zero-fee, Payments-as-a-Service platform for the B2B enterprise cash cycle.
Broadridge Appoints Chris Perry President
February 7, 20207 min
Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader and part of the S&P 500® Index, today announced that its Board of Directors has appointed Chris Perry as President of Broadridge Financial Solutions, Inc., effective March 2, 2020. Mr. Perry is assuming the title of President from Broadridge’s Chief Executive Officer Tim Gokey, who remains Chief Executive Officer and a Director of the Company. Mr. Perry currently leads Broadridge’s Global Sales, Marketing and Client...
Cielo Global Holdings Announces Financial Partnership between CieloAlliance and Barrington Consulting
February 5, 20203 min
Cielo Global Holdings (CGH) has announced a strategic investment partnership between CieloAlliance, their management consulting portfolio company, and Barrington Consulting, a transformational business and IT service firm based out of Nova Scotia, Canada. The investment of Barrington Consulting by their managing partner, Andrew Creaser, and his team of associates is instrumental in helping to grow CieloAlliance by combining their knowledge, expertise, and insight with the leadership and industry experience of CieloAlliance president, Michelle Stash. “Partnering with Andrew and...
Affinity Relationships with Major Card Issuers Will Give Rise to New Super-Cobranded Opportunities in 2020
February 4, 202012 min
Affinity relationships with major card issuers and brands is on the rise for 2020. In the “Age of The Credit Card Bonus,” there is an endless and growing list of card issuers with a long list of cards creating a highly competitive environment to attract customers.(1) Special introductory bonuses with their plastic has become not only the norm but has proliferated into a legal, but industry-detested byproduct called “credit card churning,” referring to the practice...
Lincoln International promotes eight to Managing Director
February 3, 20209 min
Lincoln International, a global investment banking advisory firm, is pleased to announce its 2019 promotions to the Managing Director level The promotions of eight professionals – the most in firm history – reinforces Lincoln’s dedication to developing talent, bolstering its global leadership ranks and deepening sector and service expertise. The new Managing Directors are Joerg Brunner (Frankfurt), Arnaud Dudognon (Paris), Michael Fineman (Chicago), Brian Garfield (New York), Adam Gifford (Chicago), Aaron Goldstein (Chicago), Harry Kalmanowicz...
DIMONT Promotes Laura MacIntyre to Chief Executive Officer
February 1, 20205 min
DIMONT, the largest provider of Hazard insurance claims and loan administration services to the residential mortgage industry, announced the promotion of Laura MacIntyre to Chief Executive Officer (CEO). MacIntyre has a proven record of leading mortgage and business development organizations throughout her career and has been an essential part of DIMONT’s success since her hiring over two years ago, as DIMONT’s Chief Revenue Officer. MacIntyre, an industry veteran bringing over 25 years of mortgage industry...
Figure Names Financial Services Veteran Asiff Hirji as President
January 30, 20205 min
Hirji’s C-Level Roles at Coinbase, TD Ameritrade, & HP Bring New Capabilities to Global Financial Services Blockchain Leader
Ideanomics’ MEG Sales Subsidiary Receives Investment from Qingdao City at 2 Billion RMB valuation
January 30, 20203 min
Ideanomics, (NASDAQ: IDEX) (“Ideanomics” or the “Company”), has today announced that its MEG Group subsidiary Qingdao Mobile New Energy Vehicle Sales Co. Ltd. has received an initial investment of ¥50 Million RMB (approx. $7.2M US) from Qingdao Xingyang City Investment Co., Ltd. as part of a series of investments valuing the subsidiary at ¥2 Billion RMB (approx. $288M US). The follow-on investments will come as the newly formed MEG-owned sales group realizes sales targets of ¥10 Billion RMB per additional investment tranche of 50...
Allintus and Netspend Announce Strategic Partnership to Offer Clients Paycard
January 29, 20202 min
Allintus, the national alliance for independent benefit brokers, today announced a strategic partnership with Netspend®, a leading provider of FDIC-insured Visa® Prepaid, Prepaid Mastercard®, and corporate prepaid card solutions through issuing banks in the United States, to offer a paperless payroll option to all clients. Allintus partner firms now have access to the Visa/MasterCard branded Paycard managed by Netspend, Inc. and can offer it to any client, with or without payroll services. The Netspend Paycard...
Axle Receives $1.4 Million in Pre-Seed Funding
January 27, 20206 min
Trucks Venture Capital, Plug and Play Ventures, 37 Angels, Fontinalis Partners, and Techstars Invest $1.4M in next-generation carrier payments platform Axle, the financial partner for the modern freight broker, today announces that it has received $1.4 million in pre-seed funding led by Trucks Venture Capital. Axle modernizes factoring, an alternative option to lending, which gives small businesses the cash flow needed to pitch, win and service competitive contracts. The round will help grow the Axle...