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GREATAMERICA ACQUIRES FRANCHISE FINANCING FIRM IRH CAPITAL


GreatAmerica Financial Services, which works closely with MSPs and channel partners, has acquired IRH Capital LLC, a provider of financing to franchises. Financial terms of the deal were not disclosed. This is technology M&A deal number 106 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals for 2022, 2021,

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MONESE LAUNCHES NEW CREDIT BUILDER


Monese, the leading pan-European fintech, is expanding its offering with the launch of a new Credit Builder service for its customers in the UK. Having opened a waitlist in 2021, Credit Builder is now available and being used by selected customers in an early access programme ahead of being made generally available to UK customers

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LOANS CANADA AND EVEN FINANCIAL ANNOUNCE STRATEGIC PARTNERSHIP TO HELP CANADIAN BORROWERS


Even Financial (“Even”), the category-leading embedded finance marketplace, and LoansCanada.ca (“Loans Canada”), the leading loan comparison site in Canada, have announced a strategic partnership to help Canadian borrowers find optimal loans and credit solutions.”As the online financial services ecosystem continues to grow rapidly in both the US and Canada, the infrastructure for financial services providers to distribute

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CANADIAN DOLLAR FALLS BELOW 1.25


The Canadian dollar continues to push higher and USD/CAD has dropped below the symbolic 1.25 line. The pair is currently trading at 1.2476 and is close to 1.2553, its lowest level since November 10th. US Treasury rates continue to move higher. After punching past 1.80% on Tuesday, a 2-year high, the 10-year rate has climbed

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CANADIAN FINTECH FIRM LAUNCHES NIGERIAN ARM


Canadian fintech startup and credit assessment company, Periculum, has announced its launch in Nigeria. According to a statement, the company aims to tackle the challenge of domestic credit in underserved markets by automating credit assessment tools to close the consumer credit gap and help financial institutions provide credit facilities to the financially excluded. Read More

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SINGAPORE REITS DOUBLE THEIR OVERSEAS INVESTMENT TO US$12.3B


Singapore’s property managers are accelerating their push abroad as a slow reopening and diminishing returns at home force them to look for growth opportunities elsewhere.Foreign acquisitions by real estate investment trusts in the city-state jumped to an all-time high of 61 last year, data compiled by Bloomberg show. The total value of such deals also

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CHETWOOD FINANCIAL LAUNCHES FIRST CREDIT CARD, WAVE


Chetwood Financial today announces the launch of Wave, the digital bank’s first-ever credit card, empowering customers to control their spending and manage their finances over the long term. Designed by customers for customers, the Wave credit card offers flexibility and ease for near-prime consumers who typically have fewer credit options available to them, with less functionality.

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COUPA SOTWARE TO OFFER HSBC VIRTUAL CARDS TO EUROPEAN BUSINESSES


Coupa Software (NASDAQ: COUP), a leader in Business Spend Management, today announced a strategic collaboration with HSBC under its Coupa Pay offering. Commencing with virtual cards, the collaboration will provide European companies with access to a fast, seamless, and secure way to manage payments as part of their comprehensive Business Spend Management strategy. Read More

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INFOSYS SHARES: BROKERAGES RAISE TARGET PRICE POST Q3 RESULTS


Infosys shares surged over 1% to ₹1,898 apiece on the BSE in Thursday’s opening session after the IT giant raised its revenue forecast as it expects 19.5%-20% revenue growth for the financial year to end-March 2022, compared with a previous 16.5%-17.5% predicted earlier, while retaining its operating margin guidance. Read More