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Pareto Capital Acquires Crescita Investment Managers.

Mumbai-based Pareto Capital, which is in the business of Investment Banking, Investor Relations advisory and Asset Management, have ventured into PMS business by acquiring equity stake in Crescita Investment Management Private Limited. Crescita Investment Management, founded in 2016 by an industry veteran Vijay Sarda, is a PMS firm that offers Portfolio Management Service, Investment Advisory Services to High Net Worth individuals (HNIs), Ultra HNIs, Family offices and institutions. 

Friday, November 22, 2019 - 08:53
30931
/news/ma-deals/pareto-capital-acquires-crescita-investment-managers
Financial IT
Capitolis Raises $40 Million
Capitolis

Capitolis, a 'next generation' provider of capital markets technology founded by Gil Mandelzis, ex-Traiana, and Icap, Tom Glocer, ex-CEO of Thomson Reuters, and Igor Teleshevksy, formerly Traiana, has raised $40 million in financing from Spark Capital and SVB Capital.

Friday, November 22, 2019 - 07:05
30930
/news/wholesale-banking/capitolis-raises-40-million
Financial IT
PayPal to Buy Online Rewards Platform Honey for $4bn

PayPal has agreed its largest ever acquisition - a $4 billion deal to buy Honey Science Corporation, the firm behind a browser extension and app that helps people find online shopping rewards and deals.

Friday, November 22, 2019 - 07:02
30929
/news/payments/paypal-buy-online-rewards-platform-honey-4bn
Financial IT
Cornèrcard Launches Biometric Credit Card
Cornèrcard

Switzerland's Cornèrcard has teamed up with Gemalto and Visa to launch the country's first credit card featuring a biometric fingerprint reader.

To register a fingerprint on the limited edition Cornèrcard biometric gold Visa credit card, users touch a sensor, with an LED signalling the successful capture.

Then, for the first transaction with the card, users enter a PIN. After this, they can confirm payments at the point of sale by touching the sensor on the card with their finger.

Friday, November 22, 2019 - 06:28
30928
/news/payments/cornercard-launches-biometric-credit-card
Financial IT
Brazilian Neobank Neon Raises $93.5 Million in Bid to Triple Account Base
Brazilian neobank Neon

Fast-growing Brazilian neobank Neon has raised $93.5 million in a Series B round led by General Atlantic and Banco Votorantim as it seeks to grow its two million customer base beyond the Rio-Sao Paulo corridor.

This is Neon's second round of funding. The first investment, valued at $22 million, was made in May 2018 by venture capital funds Monashees, Omidyar Network, BBVA's Propel, Quona and Mabi, who have each returned for the current round.

Friday, November 22, 2019 - 06:24
30927
/news/fintech-startups/brazilian-neobank-neon-raises-935-million-bid-triple-account-base
Financial IT
FDX Managing Director Don Cardinal Testifies Before Congress on Big Data in Banking and Financial Data Security
Financial Data Exchange

 Financial Data Exchange Managing Director Don Cardinal testified before the U.S. House Committee on Financial Services Task Force on Financial Technology, regarding the role of big data in financial services and the protection of consumer privacy.  

 

Friday, November 22, 2019 - 05:34
30926
/news/big-data/fdx-managing-director-don-cardinal-testifies-congress-big-data-banking-and-financial
Financial IT
Lisa Fiondella joins Finastra as Chief Data Officer

Finastra has hired Lisa Fiondella as Chief Data Officer to lead its comprehensive data strategy, including how data collected through the FusionFabric.cloud platform and various cloud-based solutions, can be best utilized. She will be responsible for developing a data product roadmap and manage the process of bringing new data products to market.

Thursday, November 21, 2019 - 14:17
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/news/people-moves/lisa-fiondella-joins-finastra-chief-data-officer
Financial IT
tomas.pazur@mail.de
Thursday, November 21, 2019 - 13:43
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/content/tomaspazurmailde
FinTech Connect arrives in Canada May 2020

IQPC Ltd the organiser of FinTech Connect, the UK’s biggest fintech event, is launching a new show in Toronto, Canada, next year following five successful years in London.

Thursday, November 21, 2019 - 12:41
30922
/news/fintech-startups/fintech-connect-arrives-canada-may-2020
Financial IT
Jakub Piotrowski, CRO and Head of Customer Engagement, Meniga at FinTECHTalents 2019

Jakub Piotrowski, CRO and Head of Customer Engagement, Meniga at FinTECHTalents 2019 shares details on company's latest AI solution for transaction management and spendings, the correlation between CO2 emissions and consumer behavior and banks social responsibility.

Thursday, November 21, 2019 - 12:01
30920
/content/jakub-piotrowski-cro-and-head-customer-engagement-meniga-fintechtalents-2019
Financial IT

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