FirstDigital Telecom , a leading fiber-based carrier in the western United States, today announced that it has raise debt financing from a group of leading investors (“the lenders”), including AllianceBernstein, Deutsche Bank, Guggenheim and Webster Bank. As a result of the transaction, FirstDigital has recapitalized its balance sheet with high-quality institutional lenders and consolidated its
TAP Software Holdings, an enterprise software investment vehicle managed by Terminus Capital Partners, today announced the acquisition of Delta Data, a leading FinTech company specializing in providing back-end solutions processing trillions of dollars in assets for the mutual fund, collective investment trust, and broader public pooled investment fund industry. Founded in 1985, Delta Data technology
Oportun , a mission-driven fintech company announced today that it has completed the acquisition of Digit (digit.co), a neobanking platform that provides automated savings, investing, and banking tools. According to the company, the acquisition of Digit further expands its A.I. and digital capabilities to provide hardworking consumers a holistic offering built to address their financial
Laurentian Bank of Canada announced today a strategic partnership with Brim Financial (“Brim”), one of the fastest growing fintech companies in Canada and a licensed credit card issuer, to fuel its digital transformation and enhance its end-to-end customer journey for its suite of VISA products. Through this partnership, Laurentian Bank will integrate Brim’s unique Platform
Visa today announced it has completed the acquisition of Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition will empower Visa and Currencycloud clients and partners to provide greater transparency, flexibility and control for consumers and businesses when making international payments or doing business
Rocket Companies, the Detroit-based platform company consisting of tech-driven real estate, mortgage and financial services businesses – including Rocket Mortgage, Rocket Homes and Rocket Auto – today announced it has entered into an agreement to acquire Truebill, the leading personal finance app that helps consumers manage every aspect of their financial lives, for $1.275 billion
Hearsay Systems, the trusted leader in compliant digital communications that deliver an authentic, human-client experience for the financial services industry, today announced the release of the first AI-powered solution to dramatically reduce the time and effort associated with reviewing videos financial advisors post across their social channels. This new, highly scalable solution is a first
Avant, a leading financial technology company that gives middle-income consumers access to the credit they deserve, announced today the initial launch of Avant Banking.* The debut of Avant Banking expands the company’s financial product portfolio of personal loans, credit cards and auto refinance, and follows its acquisition of Zero Financial, Inc. and its digital banking
Vietnam’s leading IT firm FPT Software and Tokyo-based IFA Co., Ltd. (IFA) have formed a business alliance to develop an information banking platform. The platform, AIre Data Bank, expects to enhance the data exchange experience with the utilization of blockchain technology. Many businesses and services rely on data to operate, but how to exchange data
Linedata , a global provider of asset management and credit technology data and services, today announced that NR Finance México (NRFM), Mexico’s leading automotive financing company, has chosen Linedata to manage its complete back office retail and leasing business for the automotive brands within the Renault-Nissan-Mitsubishi Alliance. Leveraging Linedata’s integration capabilities and with support from
Amadis, a global payment software editor, leading supplier of EMV Level 2 card processing solutions and nexo universal payment acceptance applications, has been selected by eMcREY, a leading financial solution supplier in the Middle-East, for its SoftPOS solution. Amadis will provide eMcREY with its payment card processing software, enabling worldwide contactless payment acceptance on commercial
Zoe, a digital wealth platform that connects clients with fiduciary financial advisors, just announced a new partner joining their exclusive advisor Network. Zoe has a rigorous vetting process that ensures that clients are meticulously connected only with wealth managers among the top 5% of the country. RIAs that partner with Zoe are characterized by the
