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Lendistry to Deploy $200 Million in Seed Grants to New York Small Businesses

Lendistry, the only nationwide fintech CDFI and the largest minority-led deployer of capital in COVID relief funding, announces today that it will power Empire State Development's NY State Seed Funding Grant Program. This $200 million program will provide grants of $5,000-$25,000 to viable small and micro businesses, for-profit independent arts and cultural organizations, and independent arts contractors that were established on Sept. 1, 2018, or later.

Monday, September 19, 2022 - 16:49
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/news/lending/lendistry-deploy-200-million-seed-grants-new-york-small-businesses
Financial IT
Profile Software: Strong Sales and Profitability Growth in the First Half of 2022

Profile Software has reported a significant increase in revenue and after-tax profitability during the first half of 2022, by 33% and 55% respectively. Despite the general geopolitical economic environment, the Group has continued its rapid growth, at home and abroad, presenting new solutions and significant upgrades to the existing ones, leading to the undertaking of new projects, customer loyalty, as well as the undertaking of specialised projects in the Greek State.

Monday, September 19, 2022 - 14:42
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/news/personal-finance/profile-software-strong-sales-and-profitability-growth-first-half-2022
Financial IT
BOSS Money and UBA Partner to Expand Remittance Options to Nigeria

BOSS Money, the money remittance and payments brand of IDT Corporation, and Africa Global Bank (United Bank for Africa), a leading pan-African financial institution, today announced a collaboration to expand disbursement options for money transfers from the U.S. to Nigeria.

Monday, September 19, 2022 - 13:51
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/news/payments/boss-money-and-uba-partner-expand-remittance-options-nigeria
Financial IT
ComplyCube Enhances SaaS Platform with Codeless KYC Outreach

ComplyCube, the leading identity verification platform, has announced that it has enhanced its Web Portal with the ability to perform seamless customer data outreach without the need for deploying software or writing a single line of code.

Monday, September 19, 2022 - 13:43
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/news/digital-identity/complycube-enhances-saas-platform-codeless-kyc-outreach
Financial IT
Crypto Exchange Platform Yellow Card Secures $40M in Series B

Yellow Card Financial, the Pan-African cryptocurrency exchange, has announced the close of its $40M Series B funding. The round was led by Polychain Capital, with participation from Valar Ventures, Third Prime Ventures, Sozo Ventures, Castle Island Ventures, Fabric Ventures, DG Daiwa Ventures, The Raba Partnership, Jon Weiner, Alex Wilson, Pat Duffy, and more.

Monday, September 19, 2022 - 11:59
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/news/fundraising-news/crypto-exchange-platform-yellow-card-secures-40m-series-b
Financial IT
Adhesion Wealth Wins Two WealthManagement.com Industry Awards

Adhesion Wealth® won two awards at the eighth annual WealthManagement.com Industry Awards on Sept. 8, taking home honours for excellence in Model Marketplaces in the Technology Providers category, and as RIA Innovator of the Year in the Individual RIA Firm Leaders category for President Barrett Ayers.

Monday, September 19, 2022 - 10:59
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/news/wealth-management/adhesion-wealth-wins-two-wealthmanagementcom-industry-awards
Financial IT
Curinos Recognized in Prominent 2022 IDC FinTech Top 100 Rankings List by IDC Financial Insights

Curinos, a global data intelligence business serving global financial institutions across lending, deposits and digital banking solutions, today announced that it has placed 74th on the 2022 IDC FinTech Top 100 Rankings list for the second consecutive year.

Monday, September 19, 2022 - 10:51
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/news/lending/curinos-recognized-prominent-2022-idc-fintech-top-100-rankings-list-idc-financial
Financial IT
WeLab and Astra Complete the Acquisition of Bank Jasa Jakarta

WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies. The completion is marked by the issuance of acquisition approval by the Financial Services Authority (OJK).

Monday, September 19, 2022 - 10:46
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/news/digital-banking/welab-and-astra-complete-acquisition-bank-jasa-jakarta
Financial IT
Gulf Capital Capitalises on Unprecedented Growth and Unique Investment Opportunities Across the New East-West Asia Corridor

Gulf Capital, a leading thematic Private Equity buyout firm operating across the GCC and Southeast Asia, predicts that the East-West Asia investment corridor will drive global economic growth for the next three decades. The GDP of the Gulf Cooperation Council (GCC) countries, the ASEAN countries, and India will grow by 220%, 270% and 410% respectively by 2050, in contrast to slower growth of 50% for the European economies and 80% for the US economy over the next three decades.

Monday, September 19, 2022 - 10:15
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/news/investment/gulf-capital-capitalises-unprecedented-growth-and-unique-investment-opportunities
Financial IT
19/09 – Weekly Investment & Fundraising News

Ratio Emerges From Stealth; Secures $411M to Transform B2B SaaS Payments, Financing, and Pricing

Monday, September 19, 2022 - 09:37
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/news/fundraising-news/1909-weekly-investment-fundraising-news
Financial IT

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