Payment Solution Scalapay Raises $155M Series A
September 10, 20219 min
Enabling 3,000+ merchants to provide delightful purchase experiences
Fintech Companies Bring Innovative Thinking to 2021 FIS Accelerator
August 27, 20215 min
The FIS Fintech Accelerator is a key aspect of FIS’ multi-faceted investment program that discovers and nurtures innovative technologies to advance the way the world pays, banks and invests. Long Game named “Audience Choice” for its financial wellness solution, and Tax Status won the “Collins Andrews III Most Valuable Participant” award for its authentication/lending solution. State of Arkansas and FIS announce extension of program for 2022. Hundreds of investors, bankers, fintech decision-makers and community leaders...
PayBito’s Expansion Plans: Invites Franchise Partnerships
August 26, 20214 min
PayBito floats franchise offers, inviting organizations to a profitable venture with a globally reputed brand to effectively promote the concept behind PayBito.
AM Best Affirms Credit Ratings of Korea P&I Club
August 23, 20218 min
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Korea P&I Club (KP&I or the Club) (South Korea). The outlook of these Credit Ratings (ratings) is negative. The ratings reflect KP&I’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. The ratings also acknowledge the wide range of support...
Vesttoo Raises $6 Million Series A Round
August 10, 20215 min
Hanaco Ventures joins Vesttoo through an equity investment of $6 Million USD, leading Vesttoo’s Series A round aimed at further promoting the company’s multi-billion security-based investment portfolio, as well as the world’s first fully digital marketplace for insurers, reinsurers, and pension funds. Vesttoo, a leading global Alternative Reinsurance and Investment platform, announces it has raised $6 million in a Series A funding round led by Hanaco Ventures. The round is part of Hanaco’s broader investment strategy in Vesttoo,...
Harris Williams Advises Social Solutions Global
August 9, 20219 min
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Social Solutions Global (Social Solutions), a portfolio company of Vista Equity Partners (Vista), on its pending sale to Apax Partners LLP (Apax). Social Solutions is a leading cloud software provider for nonprofit and public sector social service organizations. The pending sale of Social Solutions is part of a three-company merger alongside CyberGrants and EveryAction, creating a diversified social impact software...
KuCoin Brings Trading Bot to Web Users
August 5, 20215 min
KuCoin, a global leading crypto exchange, is proud to announce today its new Trading Bot service. As a free intelligent trading tool, it can help increase overall profitability for cryptocurrency traders. The Trading Bot solution is now available to all users on mobile and through the web interface. The KuCoin Trading Bot solution provides numerous benefits to cryptocurrency traders, including convenience, efficiency, and powerful strategies. More importantly, this new tool is accessible to users regardless...
Paysafe To Acquire PagoEfectivo
August 3, 20217 min
The company’s latest investment accelerates the Latin American expansion of its eCash business and exploits the growing online banking opportunities in the region Paysafe (NYSE:PSFE), a leading specialized payments platform, today announces that it has signed a definitive agreement to acquire PagoEfectivo, a market-leading, Peruvian alternative payments (APM) platform. For Paysafe, this latest investment is a strategic foothold in Latin America, one of the world’s fastest-growing online markets where merchants and consumers alike are demonstrating...
Peak Fintech Acquires Minority Stake in China UnionPay Subsidiary
July 30, 20214 min
Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) (“Peak” or the “Company”), an innovative Fintech service provider to the Chinese commercial lending sector, today announced that it has acquired a minority stake in China UnionPay subsidiary Rongbang Technology Ltd. (“Rongbang”). Earlier this year, Peak signed an agreement with Rongbang that allows Peak to use the China UnionPay network to provide fund transfer and payment settlement services within its Lending Hub ecosystem. After working closely with Rongbang (https://www.masget.com/) to connect to...