Finance News Releases

  • Today July 12
April 08, 2022 11:55
I Squared Capital Closes Its Largest Global Infrastructure Fund to Date at $15 Billion
I Squared Capital, a leading global infrastructure investment manager, has closed its ISQ Global Infrastructure Fund III at the $15 billion legal cap, exceeding an initial target of $12 billion. Inclu
April 08, 2022 10:00
American Express Increases Speed for Fintechs to Launch Cards on the Amex Network, Powered by i2c
American Express (NYSE:AXP) and i2c Inc, a provider of digital payment and banking technology, today announced an expanded global, multi-product agreement that will enable fintechs and financial insti
April 07, 2022 11:45
Lone Star Announces Acquisition of SENQCIA Corporation
Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star has successfully acquired SENQCIA Corporation (“SENQCIA”). Terms of the transaction were not disclosed. Headquartered in
April 07, 2022 09:45
DXC Technology Named a Leader in Everest Group’s Life Insurance and Pensions Report
DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named a Leader by research firm Everest Group in its PEAK Matrix® for Life and Pensions Insurance Busine
April 05, 2022 17:20
Gupshup Acquires Active.Ai, the Leading Conversational AI Platform for Banks and Fintech Companies
Gupshup, a global leader in conversational engagement, announced today the acquisition of Active.Ai, the leading Conversational AI platform used by banks and Fintech firms. The acquisition strengthens
March 29, 2022 15:00
Oil Insurance Limited (OIL) Board of Directors Declares $350 Million Dividend and its Shareholders Broaden the Definition of Energy Operations during the 2022 Annual General Meeting (AGM)
OIL held its March 2022 Board Meeting on Tuesday, March 22nd and its 2022 AGM by virtual means on Thursday, March 24th. During the Board meeting, the directors approved the Company’s 2021 financial
March 29, 2022 14:30
Techstars and J.P. Morgan Partner to Invest in Diverse Entrepreneurs
Techstars today announced a new accelerator program powered by J.P. Morgan that will invest more than $80 million in diverse entrepreneurs and founders across the country. Techstars and J.P. Morgan be
March 25, 2022 16:40
BridgeTower Capital Partners with Global Industry-Leading Art Fund Artemundi to Release NFT Series of Master Spanish Artist Francisco Goya
BridgeTower Capital, an innovator in connecting blockchain markets globally, announced a partnership with Artemundi, a leading global art fund, to release a series of NFTs featuring the work of acclai
March 24, 2022 17:00
Invesco Developing Markets Fund Welcomes Bombay High Court’s Ruling
Invesco Developing Markets Fund (“Invesco”), Zee Entertainment’s (NSI: ZEEL) (“Zee” or the “Company”) largest shareholder with an ownership interest of nearly 18%, today issued the following statement
March 24, 2022 16:30
BridgeTower Capital Teams with Securitize and Chainlink to Expand Offerings in Staking, DeFi and Permissioned Markets on Avalanche
BridgeTower Capital, an innovator in connecting blockchain markets globally, is partnering with Securitize, the leader in digital assets securities, to launch the BridgeTower Global Platform offering
March 24, 2022 14:05
Global Processing Services Announces New Partnership With Mastercard to Power ‘Next Generation Payments’ Technology to Global Fintechs
Global Processing Services (“GPS”), a leading global payment technology platform, today announced a new strategic partnership with Mastercard. Today’s announcement expands on the two firms’ longsta
March 24, 2022 10:40
Alter Domus Appoints Vincent Georgel O’Reilly as Head of FI Strategic Partnerships
Alter Domus, a leading provider of integrated solutions for the alternative investment industry, announces the appointment of Vincent Georgel O’Reilly as Head of Financial Institutions Strategic Partn
March 23, 2022 11:10
Western Union Partners with Artajasa to Offer Money Transfer Payouts into Bank Accounts and Wallets
Western Union, a global leader in cross-border, cross-currency money movement and payments, has announced PT Artajasa Pembayaran Elektronis (Artajasa) as its newest bank account and wallet payout part
March 22, 2022 13:45
American Express Travel: 2022 Global Travel Trends Report Shows People are Ready and Eager to Travel and Booking Trips with More Purpose Than Ever
American Express (NYSE:AXP) released the American Express Travel: 2022 Global Travel Trends Report[1] today, which shows people are looking forward to more trips than last year and planning to spend m
March 21, 2022 11:30
Telenor Myanmar Sale to M1 Group’s Investcom Approved: Providing Essential Telecoms Infrastructure as a Vital Service
M1 Group has been informed that the Myanmar Investment Commission has approved Telenor Group’s application for the sale of Telenor Myanmar to Investcom PTE Ltd., an M1 Group affiliate. M1 Group wil
March 18, 2022 15:10
InvestaX Secures Funding From Major Crypto Investment and Capital Markets Firms
InvestaX, a leading MAS (Monetary Authority of Singapore) licensed digital securities platform, announces today that new strategic investors including Coinbase Ventures, Gate Ventures, Token Bay Capit
March 18, 2022 11:30
Société Générale’s GEFA BANK Taps DXC Technology in Journey to Public Cloud
GEFA BANK, a leading financing partner for German SMEs and subsidiary of Société Générale, has selected DXC Technology (NYSE:DXC) for a ground-breaking digital transformation project. With the "G-Rock
March 17, 2022 09:40
Venture Capital Firm, Galaxy Interactive, Appoints Ryan You, 游镕畅, as Partner and Managing Director
Galaxy Interactive, a subsidiary of Galaxy Digital Holdings, Ltd., the largest fund dedicated to the interactive sector, today announced the appointment of 游镕畅, Ryan (Rongchang) You as Partner and Man
March 15, 2022 15:50
Encina Announces $55 Million of Committed Financing Supported by IMM Investment Global Limited
Encina Development Group (“Encina” or the “Company”), a producer of circular chemicals from waste materials, announced today that it has secured a total of $55 Million of equity capital which included
March 11, 2022 15:50
Western Union Suspends Operations in Russia and Belarus
The Western Union Company (NYSE: WU) stands with the world in condemning the unprovoked and unjustified invasion of Ukraine. All of us share the shock, disbelief, and sadness around this tragedy and h
March 11, 2022 10:40
Visa Completes Acquisition of Tink
Visa (NYSE: V) today announced it has completed its acquisition of Tink - an open banking platform that enables financial institutions, fintechs and merchants to build financial products and services
March 10, 2022 10:50
Interactive Brokers Introduces Simple Mobile App for Global Stock Trading
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today launched IBKR GlobalTrader, a simple mobile trading application for investors to trade stocks around the world. With a
March 07, 2022 11:45
Visa Suspends All Russia Operations
Visa Inc. (NYSE:V) today announced it is suspending its Russia operations. Effective immediately, Visa will work with its clients and partners within Russia to cease all Visa transactions over the
March 07, 2022 11:40
Western Union Completes First Closing of its Business Solutions Divestiture
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced the Company has completed the first closing of the divestiture of its
March 04, 2022 15:00
Moody’s Profiles Latest Innovations and Achievements in New Video Series for Upcoming Investor Day Event
Moody’s Corporation (NYSE:MCO) today launched a new series of pre-recorded insights for stockholders in anticipation of its Investor Day event to be held on March 10, 2022 at the New York Stock Exchan
March 03, 2022 16:50
Visa Names Frank Cooper III Global Chief Marketing Officer
Visa (NYSE: V) today announced that Frank Cooper III will join the company as Chief Marketing Officer (CMO) in May 2022. Mr. Cooper will also serve as a member of the company’s Executive Committee and
March 03, 2022 16:38
MSCI to Reclassify the MSCI Russia Indexes from Emerging Markets to Standalone Markets Status
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that the MSCI Russia Indexes will be reclassified from E
March 03, 2022 12:00
Investor Group Led by Advent International and Permira Completes Acquisition of McAfee
McAfee Corp. (NASDAQ:MCFE, “McAfee”), a global leader in online protection, today announced the completion of its acquisition by an investor group led by Advent International Corporation (“Advent”) an
March 02, 2022 10:40
Hiro Capital Launches Second €300m (/$340m) Videogames and Metaverse Technologies Venture Fund
Hiro Capital - the leading specialist European VC focused on Videogames, Metaverse Technologies, Creator Platforms and Gamified Fitness - today announces the launch of HIRO CAPITAL II, a €300m ($340m)
February 28, 2022 13:40
SKAT Unsuccessful in Court of Appeal against ED&F Man Capital Markets
The Court of Appeal today upheld last year’s High Court decision dismissing claims brought by Denmark’s Customs and Tax Division (‘SKAT’) against ED&F Man Capital Markets. SKAT’s appeal of the High Co
February 24, 2022 11:35
Cohere Capital Completes Strategic Growth Investment in Boostability, a Leading Digital Marketing Technology and Services Company
Cohere Capital, a Boston-based private equity firm focused on investing in leading tech-enabled middle market companies, announced that it has made a strategic growth investment in Boostability (the “
February 22, 2022 11:55
Lenovo Selected as a Constituent Stock of the Hang Seng Index
The Hang Seng Indexes Company Limited has announced that effective 7th March 2022, Lenovo Group (HKSE: 992) (ADR: LNVGY) will be included as a constituent stock on the Hang Seng Index - Hong Kong’s be
February 18, 2022 16:45
TANAAKK Placed US$100M Commitment to New Launched HITSERIES FUND
TANAAKK K.K. (Headquarters: Tokyo, Japan; CEO: Shoichiro Tanaka, “TANAAKK”) announced US$100 million initial commitment to new launched HITSERIES FUND investing Fortune Global 500 in-house SaaS startu
February 18, 2022 15:45
FINEOS Announces Strong Adoption in 2021 of Updated Purpose-Built FINEOS Platform Among Tier-1&2 Employee Benefits Insurance Carrier Clients
In 2021, the FINEOS Corporation (ASX:FCL) continued to display its dominance in the global life, accident and health insurance market by supporting new and existing clients with the completion of 15 n
February 18, 2022 11:33
Arthur D. Little: New Book Disruption Sounds Wake-Up Call For The Traditional Banking System
Disruption, a new book from leading business publisher LID, explores the future of banking in a market where the rules have fundamentally changed. The authors - Ignacio Garcia Alves, Philippe de Backe
February 17, 2022 14:15
Stronghold Launches $100 Million Investment Fund
Stronghold, a payments and financial infrastructure company, has launched Stronghold Capital to invest $100 Million in pioneering companies and funds across three core areas: overlooked and underrepre
February 16, 2022 09:40
Blackstone Announces €21 Billion Recapitalization of Mileway
Blackstone (NYSE: BX) today announced that existing investors in Mileway, its 14.7 million square meter pan-European last mile logistics company, have agreed to recapitalize the company for €21 billio
February 15, 2022 16:00
ACI Worldwide Launches Innovative Global BNPL Solution With Access to 70+ BNPL Lenders via Single Integration
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software, today announced ACI PayAfter™ (https://www.aciworldwide.com/solutions/aci-payafter), a new solution that
February 15, 2022 09:11
Intesa Sanpaolo Invests £40 Million into Thought Machine and Selects Vault to Power New Digital Banking Platform
Intesa Sanpaolo, Italy’s largest bank by total assets and one of Europe’s most profitable and sustainable financial institutions, has selected Thought Machine, the UK-headquartered core banking techno
February 10, 2022 15:27
i2c Partners with Wirex to Expand Prepaid Crypto Card to the US
i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with Wirex, a leading borderless cryptocurrency and fiat payment platform to deliver its prepaid
February 10, 2022 09:41
Turkey's 1st Multidisciplinary NFT Collection Beeing Hope Aims to Save Endangered Bees, Local Pine Honey Production
Last summer’s destructive forest fires, which ravaged Turkey’s fertile Mediterranean and Aegean regions, left an indelible mark on the local ecosystem and devastated several local industries. Accordin
February 09, 2022 16:43
Infinity Ventures Crypto Announces Close of Its First Fund at $70 Million
Infinity Ventures Crypto (IVC) has announced the closing of its inaugural fund capped at $70 million. The focus of the fund is to jumpstart and accelerate the growth of global GameFi, DeFi and Web 3 i
February 08, 2022 17:15
Taiyo Pacific Partners L.P. Joins the Yamauchi No.10 Family Office Group
Taiyo Pacific Partners (TPP) is excited to announce it has formed a partnership and will become a part of the Yamauchi No.10 Family Office (YFO). The Yamauchi family famously started and built up the
February 08, 2022 13:55
Fintech Innovator Streetbeat Raises $10M Round, Exceeds 35,000 Clients During One-Month Beta and 125,000 Trading Orders in First Week
Streetbeat, a free investing and trading app for stock and cryptocurrencies with a proprietary marketplace of professional investment strategies, today announced that it has closed $10M in seed fundin
February 08, 2022 13:20
Qredo Announces an $80mm Series A Raise Led by 10T Holdings, with Strategic Investment from Coinbase, Avalanche and Terra
Qredo, the decentralized Layer 2 infrastructure for the custody and settlement of digital assets, today announced the close of one of the largest Series A rounds completed to date in crypto and blockc
February 04, 2022 10:10
Moody’s to Acquire Majority Stake in GCR Ratings, Expanding Presence in Africa
Moody’s Corporation (NYSE: MCO) announced today that it has agreed to acquire a majority (51%) stake in Global Credit Rating Company Limited (GCR). GCR is a leading credit rating agency in Africa with
February 03, 2022 18:10
Interactive Kiosk Sales to Total 45.8 Bn in 2032 As Demand for Automated Systems Burgeons
Surging demand for automated systems for better customer experience in various sectors in the Asia Pacific is expected to push sales in the interactive kiosks market at 5.3% CAGR between 2022 and 2032
February 02, 2022 15:40
Lightsmith Group Closes Inaugural $186 Million Growth Equity Climate Fund, the First to Focus on Climate Resilience and Adaptation
Lightsmith Group (“Lightsmith”), a global sustainable private equity firm, is pleased to announce the final closing of Lightsmith Climate Resilience Partners SCSp RAIF (“Lightsmith Climate Resilience”
February 02, 2022 11:15
Alpha Blue Ocean Announces a Financing of €3M With ADTHINK/NFTY
Alpha Blue Ocean, the family office and leading specialist in alternative financing founded by Pierre Vannineuse, has announced the signing of a new financing agreement of three million Euros through
January 28, 2022 14:30
SoftBank Group Announces Management Transition
SoftBank Group Corp. (“SoftBank”) today announced that the company and Marcelo Claure have mutually agreed to part ways after a successful nine-year partnership. In conjunction with Mr. Claure’s depar
January 27, 2022 16:58
Moody’s Named to Bloomberg Gender-Equality Index for Third Consecutive Year
Moody’s Corporation (NYSE:MCO) today announced that it has been included in the Bloomberg Gender-Equality Index (GEI) for the third year in a row. Moody’s was recognized for ongoing leadership in prom
January 27, 2022 15:45
ABO - Óskare Capital: Partnership Announcement
Alpha Blue Ocean (ABO) and Óskare Capital are announcing today the formation of a strategic partnership to collaborate on investment opportunities associated with cannabis plant-based medicines as wel
January 26, 2022 14:27
The Recharge Labs Introduces Its First NFT Edition ‘Recharge neon car’
A decentralized Finance Protocol, The Recharge starts its journey to NFT by introducing its first NFT edition, ‘Recharge neon car.’ The Recharge is an interoperability-focused project that offers
January 21, 2022 10:30
Alpha Blue Ocean Reaffirms its Commitment to the French Group Europlasma, the Auvergne-Rhône-Alpes Region and the Ministry of Economy for the Re-industrialization of the Forges de Gerzat
As a dedicated financial partner to Europlasma (Ticker: ALEUP FP) for the past four years, Alpha Blue Ocean, the family office founded by Pierre Vannineuse, has reaffirmed its support to the Landes-ba
January 20, 2022 17:10
Enviva Prices Offering of Common Stock
Enviva Inc. (NYSE: EVA) (“Enviva,” “we,” “us,” or “our”) today announced that it has priced an underwritten public offering (the “Offering”) of 4,300,000 common shares at $70.00 per share. Enviva has
January 20, 2022 16:50
Enviva Announces Public Offering of Common Stock
Enviva Inc. (NYSE: EVA) (“Enviva,” “we,” “us,” or “our”) today announced that it has commenced an underwritten public offering (the “Offering”) of 4,300,000 common shares. Enviva expects to grant the
January 20, 2022 14:20
Thematic, Climate and ESG ETFs Drive Expansion in ICE’s Asian Index Business
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced strong 2021 growth in assets under management (AUM) for thematic,
January 19, 2022 21:00
Personetics Secures Over $160 Million in 2021 and Accelerates the Global Expansion of its AI-Driven Personalization and Engagement Solutions for Financial Institutions With $85 Million Investment From Thoma Bravo
Personetics, the leading global provider of financial-data-driven personalization and customer engagement solutions for banks and financial services providers, today announced it has raised $85m in gr
January 19, 2022 12:00
MSCI Announces Strategic Alliance With Menai Financial Group
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today its collaboration with Menai Financial Group (“Menai”),
January 14, 2022 15:40
The NAGA Group AG delivers EUR 55,3 million Group revenue beating FY 2021 guidance and announces the world's first Web3 crypto social trading platform NAGAX
NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for trading, cryptocurrencies and payments NAGA.com, has exceeded its revenue guidance for 2021 according to unaudited pr
January 14, 2022 14:30
The Future of the Point of Sale Is Here: Visa Pioneers Cloud-based Payment Acceptance
Today Visa (NYSE: V) announced a new platform, Visa Acceptance Cloud (VAC), set to revolutionize the way businesses accept payments from their customers. Following the success of the company’s popular
January 14, 2022 10:00
EH Group Raises Over CHF5m to Advance Its Zero-Emission Fuel Cell Technology
EH Group Engineering AG (“EH Group”), a developer and manufacturer of innovative low-cost and energy-dense fuel cells, today announced it had raised over CHF5m in Pre-Series A funding. AP Ventures, a
January 13, 2022 14:10
i2c Appoints Serena Smith as Chief Client Officer
i2c Inc., a leading provider of digital payment and banking technology, today named Serena Smith as their new Chief Client Officer. Reporting to Amir Wain, founder and CEO of i2c Inc., Smith oversees
January 13, 2022 13:40
Options Expands Ultra-Low Latency Hosting Capabilities Across HKEX Equities and Derivatives Markets
Options, the leading provider of managed trading infrastructure and connectivity to the global Capital Markets, has today announced the expansion of hosting capabilities in the Hong Kong Exchange for
January 13, 2022 11:40
Lloyd’s and London Market Insurance Companies Tap DXC Technology to Transform the World’s Largest Insurance Marketplace
DXC Technology (NYSE: DXC), Lloyd’s, the world’s leading marketplace for commercial, corporate and specialty risk solutions, and the International Underwriting Association (IUA), have announced the si
January 13, 2022 09:15
Visa Study: Small Businesses Optimistic, Looking to Digital Payments for Growth in New Year
As Visa (NYSE: V) continues toward its goal of digitally-enabling 50 million small and micro businesses (SMBs), a new research study released today - the “Visa Global Back to Business Study - 2022 SMB
January 12, 2022 17:00
Rockefeller Capital Management: David Harris Named Chairman of Rockefeller Asset Management; Casey Clark to Succeed Harris as President & CIO
Rockefeller Capital Management today announced the appointment of Casey Clark as President and Chief Investment Officer of Rockefeller Asset Management (RAM). Clark succeeds David Harris, who will bec
January 11, 2022 01:00
Qraft Technologies Closes US$146 Million Investment from SoftBank Group Entering into a Strategic Partnership to Accelerate AI in the Asset Management Industry
AI enabled fintech company Qraft Technologies, Inc. (“Qraft” or “the company”) today announced that it has closed a US$146 million investment from SoftBank Group Corp. (“SoftBank”), which includes pri
January 10, 2022 11:40
Loomis Sayles Launches New Private Credit Group Led by Industry Veteran Chris Gudmastad
Loomis, Sayles & Company, an affiliate of Natixis Investment Managers, today announced the launch of the Loomis Sayles Private Credit Group along with the hiring of Chris Gudmastad, CFA, who will lead
January 07, 2022 14:10
Guidewire to Appoint John Mullen President and Chief Revenue Officer
Guidewire (NYSE: GWRE) is pleased to announce the appointment of John Mullen, former Head, North American Markets at Capgemini, as President and Chief Revenue Officer (CRO). In this newly created role
December 29, 2021 11:20
Saudi Fund for Development Inaugurates and Lays a Foundation Stone for Two Vital Projects in Sri Lanka
The Saudi Fund for Development represented by the CEO Mr. Sultan Abdulrahman Al-Marshad, inaugurated the completion of the development of Peradeniya-Badulla-Chenkaladi Road Project in the Democratic S
December 22, 2021 13:50
Visa Expands Global Investment in Women’s Football as First Ever FIFA Women’s Football Partner
Visa (NYSE:V) today announced it has further expanded its support of women’s football by becoming the first Women’s Football Partner for the FIFA Women’s World Cup 2023™. This investment builds on lon
December 17, 2021 10:35
Blue Cloud Ventures Closes Oversubscribed Fourth Fund
Blue Cloud Ventures (BCV) is pleased to announce the final close of its fourth fund, Blue Cloud Ventures IV LP. With the oversubscribed fund and co-investment commitments from its LPs, BCV has raised
December 15, 2021 11:10
Finvasia Group Acquires ZuluTrade, the World's Largest Social Trading Network
Finvasia Group today announced the acquisition of Zulu Trade Group, the world’s largest and oldest social network for trading and investing. It’s supremacy as the largest “broker agnostic” social trad
December 10, 2021 16:40
Accel-KKR Backs Entersekt, A Leader in Frictionless Authentication Solutions
Entersekt, a global leader in device identity and authentication solutions headquartered in Cape Town, today announced a significant investment from Accel-KKR, a leading technology-focused private equ
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