Evertec to acquire Sinqia

Advances Evertec’s growth strategy, drives geographic diversification, and offers complementary products, Significant opportunity to provide Sinqia customers with access to Evertec’s best-in-class payments solutions, Increases share repurchase authorization. Evertec to host conference call tomorrow at 8:00 AM ET, EVERTEC, Inc and Sinqia jointly announced a definitive agreement for Evertec to acquire Sinqia, a leading player in the market of software for financial services in Brazil for consideration with a value of R$27.19 per share, increased...

Ascenda appoints Gautam Thapar as Chief Product Officer

Ascenda, the rewards infrastructure company for the world, announced the appointment of Gautam Thapar as the company’s Chief Product Officer (CPO). Gautam joins their executive team to lead their product vision as the company addresses the growing demand from financial services brands across the globe for Ascenda’s best-in-class rewards infrastructure. Thapar brings nearly two decades of technology and product leadership experience at big tech firms like Microsoft, Meta and Amazon. At Microsoft, he incubated their low...

First Bank and Malvern Bancorp, Inc. complete merger

Expanded Presence in Highly Desirable New York City to Philadelphia Corridor. First Bank announced that its acquisition of  Malvern Bancorp, Inc was completed before the open of business on July 17, 2023. The combined stock and cash transaction was valued at approximately $129.7 million and will expand First Bank’s footprint in the highly desirable New York City to Philadelphia corridor. The consolidated assets of the combined company equal approximately $3.8 billion. “We are pleased to...

DreamStart Labs wins “Best Digital Banking Technology”

DreamSave Platform Recognized for Fintech Innovations to Serve Unbanked Billions in Emerging Markets. DreamStart Labs, an award-winning provider of digital banking technology for emerging markets, is pleased to announce it has been named “Best Digital Banking Technology” at the 2023 Worldwide Finance Awards. The annual awards competition, now in its eleventh year, showcases market leading companies that have achieved breakthrough innovations in global financial services. The company’s flagship DreamSave app changes the game for unbanked...

Craig Ault joins Honour Capital as Chief Revenue Officer & EVP

Honour Capital Co-Founders Brian Slipka and Shea Huston announced the hiring Craig Ault as chief revenue officer and executive vice president. “We are pleased to announce that we have added Craig to our team,” said Slipka. “Initially as the chief revenue officer, Craig will be a member of our executive team and will have responsibility for all aspects of the sales and business development efforts at Honour Capital.” “Craig is a proven leader with many ideas for how...

BTIG Adds Jay Magee to Financial Institutions Group

BTIG announced that Jay Magee has joined the firm as a Managing Director within Investment Banking’s Financial Institutions Group. Mr. Magee will support the firm’s efforts to deliver a complete set of advisory and capital solutions to BTIG’s corporate, institutional and financial sponsor clients globally. Mr. Magee brings more than 20 years of industry experience to the firm. Prior to joining BTIG, he was a Managing Director and Co-Head of the Financial Services Group at JMP...

Agora Services Named to AIFinTech100 2023

Agora Services, the next generation of bank as a service / embedded fintech provider announced its inclusion in the 2023 AIFinTech100 list.– a select global listing reflecting “the world’s most innovative solution providers” who are “using artificial intelligence (AI) to transform financial services.” The standout companies were chosen by a panel of industry experts and analysts who reviewed a study of over 2,000 fintech companies undertaken by FinTech Global, a data and research firm. The...

Blackrock & Coinbase available for 24/7 trading on regulated DeFi

Regulated blockchain platform Swarm announces seven companies its community selected are live for trading. Following a community vote, seven real-world assets were selected to be tokenized and added to Swarm’s decentralized trading platform. The selection includes Blackrock, Coinbase, Coupang, Intel, Microsoft, Microstrategy and NVIDIA. Philipp Pieper, Co-founder of Swarm said: “Swarm is a hybrid between the wild west of crypto and traditional centralized exchanges. Whilst we need to satisfy compliance concerns, we are a DeFi community at...

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