ADB and Global Insurers to Unlock $2.5 Billion for Small Businesses and Affordable Housing
- 6 hours 26 min ago
- Infrastructure
The Asian Development Bank (ADB) will work with some of the world's largest insurance companies to jumpstart financing for small businesses, affordable housing, and other underserved borrowers across Asia and the Pacific by unlocking up to $2.5 billion in lending.
Cboe Completes Sale of Cboe Australia to TMX Group
- 6 hours 37 min ago
- Infrastructure
Cboe Global Markets, Inc., a leading global markets operator and pioneer in equity and index derivatives, today announced it has completed the sale of Cboe Australia (now TMX Australia Exchange) to TMX Group Limited (TMX Group).
Aviva Completes £300M Buy-In Deal with the Elementis Group Pension Scheme
- 8 hours 12 min ago
- Infrastructure
Aviva has completed a £300 million bulk purchase annuity buy-in with the Trustee of Elementis Group Pension Scheme, securing the benefits of 4,500 members. The transaction covers defined benefit liabilities and enables a subset of members to access additional voluntary contributions as a primary source of tax-free cash through Aviva’s integrated DB&C Master Trust solution.
BMO Announces the Launch of New BMO ETF
- 3 days 8 hours ago
- Infrastructure
BMO Asset Management Inc., the manager of the BMO ETFs, today announced the launch of BMO Credit Stress Opportunities ETF (the "BMO ETF"), offering CAD Units and USD Units. BMO Credit Stress Opportunities ETF has closed its initial offering of Units and is listed and trading on the Toronto Stock Exchange.
BMO Announces the Launch of New BMO ETF
- 3 days 8 hours ago
- Infrastructure
BMO Asset Management Inc., the manager of the BMO ETFs, today announced the launch of BMO Credit Stress Opportunities ETF (the "BMO ETF"), offering CAD Units and USD Units. BMO Credit Stress Opportunities ETF has closed its initial offering of Units and is listed and trading on the Toronto Stock Exchange.
Wayflyer and Fortress Announce $1.5 Billion Forward-Flow Agreement to Fund Small Businesses
- 4 days 3 hours ago
- Infrastructure
Wayflyer, the global working capital provider for small businesses, today announces a new forward flow agreement with funds managed by affiliates of Fortress Investment Group (“Fortress”). The agreement will further fuel Wayflyer’s mission to deploy more capital to small businesses globally.
Bloomberg to Acquire Canoe Intelligence, Taking a Defining Step in Its Mission to Transform Private Markets Investing
- 4 days 7 hours ago
- Infrastructure
Bloomberg today announced it has entered into a definitive agreement to acquire Canoe Intelligence (“Canoe”), a leading AI-powered data management and intelligence platform for automating private markets data collection and delivery. The acquisition is the latest step in Bloomberg’s multi-year commitment to transform how institutional investors engage with private markets — accelerating its strategy to deliver unified data, analytics, and tools... more
Unlimit Secures Licence to Provide Digital-Asset Services Across the EU
- 4 days 7 hours ago
- Infrastructure
Unlimit, a global financial infrastructure company, today announced that Unlimit Crypto has been granted a Crypto-Asset Service Provider licence by the Cyprus Securities and Exchange Commission under the EU's Markets in Crypto-Assets Regulation (MiCA).
75% of Small Business Owners Tapped Personal Credit for Business Expenses, Bluevine Study Finds
- 4 days 13 hours ago
- Infrastructure
A new national survey published today by Bluevine—the largest digital banking platform for small businesses in the U.S.—reveals that small business financing challenges are often driven by a gap in preparation and financial literacy rather than a lack of available capital. According to the study of more than 800 U.S. small business owners, 25% of their recent business financing applications were delayed or denied due to avoidable application... more
Tipalti’s New Payout Infrastructure Gap Report Reveals Outdated Payout Infrastructure Is Slowing Business Growth
- 4 days 13 hours ago
- Infrastructure
New research from Tipalti, the AI-powered platform for finance automation, finds that as businesses increasingly rely on distributed business networks to fuel growth, many are being held back by payout infrastructure that has not kept pace with the scale and complexity of today's global economy.
Ramp Expands Canadian Offering; Opens New Toronto Office
- 5 days 9 hours ago
- Infrastructure
Ramp today announced its entry into the Canadian market, making its finance platform available to businesses in Canada. With Ramp, companies can manage spend across currencies in one place, including cards in CAD and USD, CAD bill payments and reimbursements, automated GST, HST, PST, and QST coding, and shared controls, approvals, and accounting workflows.
Citi Is Now Live With a Trade Digitization Solution Integrating Supply Chain Solutions
- 5 days 10 hours ago
- Infrastructure
Citi has launched Citi Consolidate™, a new invoice processing solution powered by Infor, the Industry Cloud Complete company. Designed for buyers and their suppliers, Citi Consolidate™ streamlines and digitizes the invoice approval, purchase order, and payables processes, creating a fully end-to-end digital solution for clients leveraging Infor Nexus, Infor’s multi-enterprise supply chain business network.
Payward to Acquire Magic Labs' Wallet Infrastructure Business to Expand B2B Offering with Embedded Wallets
- 6 days 7 hours ago
- Infrastructure
Payward, Inc., a unified financial infrastructure platform advancing an open, global financial system, today announced it has entered into a definitive agreement to acquire the wallet-as-a-service business of Magic Labs ("Magic"), a leading non-custodial wallet infrastructure provider that has powered more than 60 million wallets and $10 billion-plus in stablecoin volume for over 200,000 developers.
Goldwise Adopts Integral Technology to Power 24/7 Institutional Precious Metals Trading
- 6 days 9 hours ago
- Infrastructure
Goldwise, the UK-based precious metals fintech, has partnered with Integral, a leading currency technology provider, to launch 24/7 institutional trading for physical gold, silver, platinum, and palladium.
Embedded Capital Where Payments Are Processed: YouLend and REA Card Launch Strategic Partnership in Germany
- 1 week 5 hours ago
- Infrastructure
YouLend, the world’s leading embedded financing platforms, and REA Card, a provider of cashless payment solutions for brick-and-mortar retail, are entering into a strategic partnership in Germany. The aim is to give small and medium-sized enterprises (SMEs) quick, straightforward access to working capital.
