Longbridge Group Singapore has announced a significant boost in its funding, having secured over USD $100 million from various investment institutions, including prominent Singaporean consortia. This follows a successful Pre-A round that brought the company’s total financing to over USD $150 million. With these funds, Longbridge aims to accelerate its expansion into key global markets, […]
Q2 Holdings, Inc. (NYSE: QTWO), a leader in digital transformation solutions for financial services, has been chosen by Avidia Bank to enhance its digital banking platform, signaling a significant shift in how the bank interacts with and serves its customers. Established in 1869, Avidia Bank, a $2.6 billion mutual community bank, has embarked on a […]
CSG Systems International, Inc. (NASDAQ: CSGS) announced today its acquisition of iCheckGateway.com, LLC (iCG Pay), a prominent North American company specializing in ACH and credit card payment processing, for a purchase price of $17 million with additional performance-based earn-outs. This strategic acquisition is set to significantly boost CSG’s footprint in the payment processing landscape and […]
TabaPay, Inc., a leader in instant money movement platforms for the fintech industry, today revealed its plans to acquire assets and affiliates of Synapse Financial Technologies, Inc., following Synapse’s recent voluntary Chapter 11 bankruptcy filing. This acquisition, pending approval by the bankruptcy court, promises to significantly broaden TabaPay’s financial service offerings, enhancing its position as […]
Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) has announced a significant move in the fintech industry with its acquisition of Arya.ai, a Platform as a Service (PaaS) startup specializing in banking and insurance. This strategic acquisition, costing approximately 16.5 million USD, includes a combination of share purchases from existing shareholders and new equity capital, marking […]
Objectway, a global leader among the Top 100 FinTech providers of software-as-a-service solutions, has formed a strategic partnership with Kinsted Wealth, an independent wealth manager based in Calgary, Canada. This collaboration aims to revolutionize Kinsted Wealth’s operations by integrating Objectway’s advanced digital solutions to manage their business in a fully integrated and centralized manner. This […]
In a significant move within the global payments industry, Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI) has announced a definitive arrangement to go private, with Advent International spearheading the all-cash transaction. The deal, valued at approximately US$6.3 billion, marks a pivotal shift for Nuvei, emphasizing its robust position in the fintech sector. This transition underlines the […]
In a significant move that underscores the growing intersection of technology and finance, Angel One, one of India’s leading fintech entities, has announced its venture into the private wealth management sector. This strategic expansion is led by a team of seasoned wealth managers, including Srikanth Subramanium, who takes the helm as Co-Founder and CEO of […]
Veefin Solutions Ltd., renowned as the premier technology vendor for Supply Chain Finance (SCF) in India, has recently announced its latest collaboration with FinnUp, a dynamic multi-lender platform, marking a significant expansion in the fintech sector. This partnership is poised to revolutionize the way small and medium-sized enterprises (SMEs) and corporates access financial services, by […]
Ericsson (NASDAQ: ERIC) and Telenor Microfinance Bank (TMB) have reaffirmed their commitment to enhancing financial inclusion in Pakistan through a multi-year extension of their partnership. This collaboration is set to further develop TMB’s easypaisa platform, propelling the fintech sector forward by expanding its financial services offerings. Central to this partnership is the deployment of Ericsson’s […]