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SUSTAINABLE FINTECH CARBONPAY LAUNCHES PREPAID BUSINESS PAYMENT CARD: HELPING COMPANIES TO AUTOMATICALLY OFFSET THEIR CARBON FOOTPRINT WITH EVERY TRANSACTION


CarbonPay, a sustainable fintech platform that offers the planet’s most impactful payment cards and makes everyday climate action simpler, today announced the launch of its corporate prepaid offering, CarbonPay Business Ctrl. With this launch, CarbonPay offers a prepaid card for businesses in the U.S. and U.K. that helps offset their carbon footprint automatically with every


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KLARNA COMPLETES ACQUISITION OF PRICERUNNER


Klarna, a leading global retail bank, payments, and shopping service today announced the completion of its acquisition of PriceRunner, the leading comparison shopping service in the Nordic region with operations in Sweden, Denmark, Norway and the United Kingdom. Read More


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ENCORE CAPITAL GROUP, INC. AMENDS AND EXTENDS ITS GLOBAL SENIOR FACILITY


Encore Capital Group, Inc., an international specialty finance company, today announced that it had amended and restated its existing global senior secured revolving credit facility agreement to, among other things, increase the size of the facility by $90 million to $1.14 billion and extend the termination date of the facility from September 2025 to September


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FIRST EAGLE INVESTMENTS TO ACQUIRE NAPIER PARK GLOBAL CAPITAL, EXPANDING ALTERNATIVE CREDIT CAPABILITIES


First Eagle Investments today announced a definitive agreement to acquire Napier Park Global Capital, a leading alternative credit manager with approximately $18.7 billion in assets under management as of December 31, 2021, predominantly for institutions through credit funds, US and European collateralized loan obligations, and real assets. As an autonomous, wholly owned unit of First Eagle Investments, Napier


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SEACOAST ANNOUNCES THE ACQUISITION OF APOLLO BANCSHARES, INC.


Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, announced today that it has signed a definitive agreement to acquire Apollo Bancshares, Inc., parent company of Apollo Bank based in Miami, FL. The proposed transaction will expand Seacoast’s presence in Miami-Dade County, part of the Miami-Fort Lauderdale-Pompano Beach metropolitan statistical area, Florida’s


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MIZUHO FINANCIAL GROUP ANNOUNCES STRATEGIC COLLABORATION WITH GOOGLE


Mizuho Financial Group, Inc. and Google Cloud have announced a strategic collaboration to accelerate the Group’s digital transformation and retail innovation strategy. “The global spread of COVID-19, along with megatrends such as digitalization, the aging population, and globalization, have led to significant changes in our lifestyles and economies. To deliver on the needs of our customers in this


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APPLE ACQUIRES UK FINTECH STARTUP CREDIT KUDOS


Apple is acquiring the UK-based fintech startup Credit Kudos for an undisclosed amount, as Apple typically doesn’t disclose the price of its acquisitions. Credit Kudos last raised £5 million ($6.5 million) in funding back in April 2020. Neither Credit Kudos or Apple could be reached to confirm the deal, which was first reported by the crypto-focused publication The


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ELEPHANT INSURANCE PARTNERS WITH SMART CHOICE


Elephant Insurance, a Virginia-based, digital-first auto insurance company, today announced a new partnership with Smart Choice, a network providing independent insurance agents with access to top-rated markets, product training, and sales and marketing support. Elephant’s auto insurance policies will now be offered by Smart Choice agency partners. Read More


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CLEARWATER ANALYTICS ANNOUNCES PARTNERSHIP WITH FLYER FINANCIAL TECHNOLOGIES


Clearwater Analytics , a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, announced a strategic partnership with Flyer Financial Technologies, a cloud-based portfolio management and order management system provider, to help Clearwater’s asset management clients and prospects build a comprehensive front-to-back office platform. Read More


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CROSSFIRST BANK EXPANDS RESTAURANT FINANCE GROUP


CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc., announced today that it will expand its restaurant finance group that will focus on building trusted relationships with established and high-growth restaurant chains. The Bank hired Bobby Oliver to lead the restaurant finance group as Executive Director, Restaurant Finance Group. Read More