Future FinTech Group Inc. (NASDAQ: FTFT) (“hereinafter referred to as “Future FinTech”, “FTFT” or “the Company”), a leading blockchain-based e-commerce business and a fintech service provider, announced today that it has incorporated a new subsidiary, FTFT UK Limited (“FTFT UK”), as an operating base from which to develop fintech business in Europe. FTFT UK plans
FUSE Autotech, a fintech software platform that redefines the car buying process, today announced the completion of its $10 million Series A round of financing, led by Target Global with participation from PICO Venture Partners, Christopher Muhr, former COO of Auto1 (FSE: AG1), and Escavel Capital. This new round of funding will be used to
Drips, the founders of Conversational Texting®, today announced that, concurrently with its previously announced growth investment, they established a credit facility with Wells Fargo Capital Finance’s Technology Finance group. The Wells Fargo facility will support Drips’ intense growth as it expands its team and improves its already advanced conversational SMS messaging platform. Drips differentiates itself
Varicent, the industry-leading provider of incentive compensation and sales performance management solutions, has acquired Concert Finance (Concert), an innovative provider of commissions software designed by compensation experts. The move to acquire Concert Finance first started in May when Concert was looking to scale its rapid growth, and Varicent was looking to expand its Incentive Compensation
There are many reasons why DX shortfalls occur, painful lessons many in fintech know all too well. A significant one is companies not understanding their needs or what the technology can offer. Read More
American Electric Power (Nasdaq: AEP) has developed a Sustainable Finance Framework, which will allow the company and its subsidiaries to issue green, social and sustainability bonds, loans or other financial instruments and allocate the funds to investments that enable positive social and environmental change. The framework strengthens the link between AEP’s finance strategy and its
eCapital Corp. (“eCapital” or “the Company”), a leading capital solutions provider for small and medium-sized businesses in North America and the UK, today announced the launch of a new commercial credit card program with Visa, the world leader in digital payments. The eCapital platform provides clients with direct connections to the funds in their eCapital
Launching today, fin-tech platform CredEvolv revolutionizes the path to achieving and maintaining good credit, offering millions of consumers a path to financial stability. CredEvolv’s mission is to turn “no” in to “not yet” by breaking down the barriers to credit equity and guiding consumers seeking improved credit on a journey to sustainable, lifelong credit well-being.
Recent adoption of collaborative open source strategies across financial services and fintech is a direct result of the demand to solve business problems in order to stay competitive. The Fintech Open Source Foundation (FINOS) is the catalyst for this movement and today announced that five new members have joined the foundation, which is evidence of
Tegria, a next-generation healthcare technology and services company, and Cedar, a market-leading healthcare financial technology platform, today announced the formation of a strategic partnership. The partnership will bring Cedar’s consumer-facing financial engagement platform to Tegria customers and deliver Tegria’s robust revenue cycle management expertise to Cedar’s extensive client base, enabling a seamless, intuitive and dependable
Sensibill, the leading provider of everyday financial tools and SKU-level insights, and CAARY, a new credit and financial platform for small and medium-sized enterprises (SMEs), today announced their partnership. Together, the companies will offer a seamless, end-to-end financial services solution for SMEs that includes credit, payment solutions, receipt capture, expense management and automated reconciliation. “We
The DU® validation service gives lenders freedom from paper-based processes by allowing them to digitally verify a borrower’s income, employment, and assets. Learn why Guild Mortgage decided to implement the tool into their workflow.
