technology - FinTecBuzz

Linqto Surpasses Fifty Thousand Investor members

May 23, 20224 min

Private investing made simple on Linqto Linqto, the Main Street investment platform for private technology market securities, announced a significant milestone in the company’s growth. With a 100% increase in the past four months, Linqto has doubled its private investment community to 50,000 members. Linqto’s growth has been driven by the increase in investors evaluating private markets as they look to diversify traditional portfolios allocations. Facing open questions on cryptocurrency drops, bear market, recession, and...

by BusinessWire

Blockchain

Global Web 3.0 Blockchain Market Competition Forecast

May 23, 20229 min

The “Global Web 3.0 Blockchain Market, By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application, By Vertical, By Organization Size, By Region, Competition Forecast and Opportunities, 2017-2027″ report has been added to ResearchAndMarkets.com’s offering. The global web 3.0 blockchain market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the continuous evolution of technologies and shifts in data ownership toward users. Web 3.0 blockchain, also known as the...

by PRNewswire

Banking

ClearScore Becomes Significant Enabler of Open Banking in the UK

May 20, 20227 min

The ClearScore Group, which owns ClearScore, the UK’s leading credit marketplace, today announced that it has hit a milestone of over 1.5m users having enabled Open Banking functionality through its platform. This puts ClearScore as one of the largest enablers of Open Banking in the UK, in just six months. In November 2021, ClearScore launched its unique Affordability Score. Based on analysis of transaction history, it gives users – for the first time – a clearer sense of...

by PRNewswire

Payments

Globant Launches Smart Payments Studio

May 19, 20224 min

Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today launched its Smart Payments Studio, which provides strategic business and technical consultancy to help organizations analyze and develop payments solutions. By leveraging Metaverse, Blockchain, and Gamification technologies, among others, this Studio aims to deliver experiences that are seamless, personalized, and engaging. “Today’s consumers have more payment options than ever before. This trend represents a great opportunity for the reinvention of businesses, bringing...

by PRNewswire

Investments

Clearlake Capital Closes Seventh Flagship Private Equity Fund

May 19, 20228 min

Clearlake Capital Group, L.P. (“Clearlake“), an investment firm that focuses on technology, industrials, and consumer industries, announced today it has completed fundraising for its seventh flagship private equity fund, Clearlake Capital Partners VII (“Fund VII”), with more than $14.1 billion in commitments. With an initial target of $10 billion, Fund VII reached its hard cap and was significantly oversubscribed including commitments from the General Partner and affiliates. “It is gratifying to have the support of such a large...

by PRNewswire

Banking

Agility Bank Opens as First Minority Depository Institution in U.S.

May 19, 20228 min

Agility Bank, N.A. announced that it has received all regulatory approvals to open as the first bank in the U.S. primarily owned and led by women under a special charter by the Office of the Comptroller of the Currency. Through this Minority Depository Institution (MDI) charter, Agility’s focus will be on serving women and all small and mid-size businesses. “This is a historic event for banking, our country, and Houston,” said Lauren Sparks, founder. president and CEO...

by PRNewswire

Insurance

Hi Marley Announces Formation of Insurance Advisory Council

May 18, 20224 min

The Council Brings Together Industry Leaders to Advise on the Next Era of Insurance and Technology Hi Marley, creators of the only AI-powered collaboration platform purpose-built for P&C insurance carriers, today announced the establishment of the inaugural Insurance Advisory Council. The Council will guide and inform Hi Marley’s product and go-to-market strategies with background in claims, customer experience, innovation and technology. Their expertise also includes industry suppliers who offer products and services to carriers enabling them...

by PRNewswire

Banking

Banking-as-a-Service Platform Unit Announces $100 Million Series C

May 18, 20227 min

Unit, the first banking-as-a-service platform to achieve unicorn status, announces its expansion into credit products. Unit, the leading banking-as-a-service platform that empowers companies to embed financial services in their products, today announced it has raised a $100 million in a Series C round led by global software investor Insight Partners, with participation from existing investors including Accel, Better Tomorrow Ventures, and Flourish Ventures. New investors Moving Capital and Stepstone also joined the round. The latest infusion of...

by PRNewswire

Investments

Piper Sandler Hires Shiva Kumar as MD & Head of Mobility Tech

May 17, 20224 min

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Shiva Kumar as managing director and head of mobility technology based in the San Francisco office. Shiva joins the team with over 20 years of investment banking, finance and corporate development & strategy experience in mobility and technology. “Significant advancement in software and hardware is disrupting the mobility sector at a rapid pace, driving fundamental shift in the way we...

by PRNewswire

Payments

Mindtree & Finastra to Deliver Managed Services Payments Solns

May 17, 20224 min

Mindtree, a global technology services and digital transformation company, and Finastra, a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service. As part of the partnership, Mindtree will host Finastra’s proven payments solution in the cloud and handle integration of the technology across the rest of the banks’ existing solutions, minimizing risk and boosting efficiency for users...

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