M1 Finance Announces $150M Funding Round Led by SoftBank Vision Fund 2
- 4 years 8 months ago
- Fund Management
M1 Finance, the fast-growing Finance Super App offering automated investing, borrowing, and banking products, today announced a $150 million Series E funding round. SoftBank’s Vision Fund 2 led the round, with participation from existing investors.
EQONEX Announces Unaudited First Quarter of Fiscal Year 2022 Financial Results & Business Updates
- 4 years 8 months ago
- Management, Asset Management, IT Innovations
Management Call to Discuss Fiscal Year 2021 Financial Results and Business Updates for the First Quarter of Fiscal Year 2022 on July 14, 2021 Singapore: Diginex Limited (Nasdaq: EQOS), recently rebranded as EQONEX Group (“EQONEX” or the “Company”), a digital assets financial services company, today announced business updates for the first quarter ended June 30, 2021 of fiscal year 2022. First Quarter of Fiscal Year 2022 Business Update... more
Digital Revolution: 50% of Customers Now want to Purchase Banking Products Digitally
- 4 years 8 months ago
- Management, Core Banking, Consultancy
2020 Retail Banking Radar revealed 25% of bank branches expected to close in the next three years Only 30% of European consumers surveyed anticipate using a branch for product advisory or purchases Customers willing to purchase products digitally increased to 50% from 33% a year before Up to 18% of consumers use price comparison websites to research financial products
Three Quarters of IFAs Believe Business Relief Investments will Increase, According to New Survey
- 4 years 8 months ago
- Investment, Management
Business Relief is already considered for most or every client by 78% of advisers, the second most commonly utilised Inheritance Tax (IHT) planning tool after gifting Demand for IHT tax planning is set to increase significantly as latest HRMC receipts were £340 million higher than in the same period a year earlier
Smart Engines AI Digitalizes Onboarding for New Investors of Alfa Capital
- 4 years 8 months ago
- Artificial Intelligence, Asset Management
Alfa Capital, one of the largest asset management companies in Russia, a member of the Alfa Group Consortium, selected an AI-based solution from Smart Engines for scanning new clients’ IDs to boost its remote service. Smart ID Engine software product enables Alfa Capital to significantly simplify data entry in their mobile app.
State Street and Korea’s NPS Extend Global Equity and Alternatives Custody and Middle-Office Servicing Agreement
- 4 years 8 months ago
- Trading Systems, Investment, Investment Management
State Street Corporation today announced that its service contract with the National Pension Service of Korea (NPS), the world’s third largest pension fund[1], has been renewed. State Street will continue to provide back-office and middle-office services for the
Nukkleus Seeks UK EMI License to Expand Crypto-Powered Service Offerings
- 4 years 8 months ago
- Asset Management, Cryptocurrencies
Top-tier digital financial services firm Nukkleus, Inc. (OTCMKTS: NUKK) is announcing the submission of an application to the UK’s Financial Conduct Authority (FCA) for an Electronic Money Institution (license). The license, if granted, would enable Nukkleus to provide seamless crypto conversions of regulated fiat money transfers within traditional banking infrastructure. “NUKK’s Strategy Is a Simple One: to Invest in the Future of Digital... more
FDCTech Appoints Charles R. Provini as the New Independent Director
- 4 years 8 months ago
- Management, Wealth Management
FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fully integrated financial technology company with a full suite of digital financial services solutions, today announced the Board of Directors of the Company increased the size of its Board from four to five directors and appointed Charles R. Provini, age 74, to the vacancy. Mr.
Kantox and Silicon Valley Bank Expand Partnership to Provide Innovative Currency Risk Management Technology to US Clients
- 4 years 8 months ago
- Management, Risk Management, Banking
Kantox, a European fintech and leader in Currency Management Automation software, has announced an expansion of their partnership with Silicon Valley Bank (SVB), the bank of the world's most innovative companies and their investors. Through this expansion, SVB’s corporate clients across t
Global Supply Chain Issues can no Longer be Dlassified as Outlier Events, According to Taulia
- 4 years 8 months ago
- Management
The ability to adapt to higher levels of supply chain uncertainty is now essential for global companies and their suppliers
EQONEX Partners with Intelligence Squared to Launch a Series of Crypto Debate
- 4 years 8 months ago
- Asset Management, Cryptocurrencies
Intelligence Squared launches a special series of debates titled “Intelligence Squared Crypto: Debates Within Cryptocurrency”, in partnership with EQONEX Group, the Nasdaq-listed digital asset financial services company.
Creditspring hits Key Customer Milestone as UK Consumers Seek Support to Manage Finances
- 4 years 8 months ago
- Management, e-Payments, Credit Cards
Creditspring reaches 50,000 members since its launch. Revenues and customer base have more than doubled in the last 6 months. Members benefit from two loans per year, with capped costs and no hidden charges. Members have so far made savings worth almost £3 million.
TORA Integrates Glimpse Bond Data Solution to Empower the Buy-Side
- 4 years 8 months ago
- Trading Systems, Investment, Management, Cloud
TORA, provider of the industry’s most advanced cloud-based order and execution management system (OEMS) has announced they are integrating the Glimpse Markets buy-side data sharing tool for fixed income int
GoCardless Announces Partnership with Pennylane to Enable Small businesses and Start-ups to Automate Invoices, Accounting and Payments
- 4 years 8 months ago
- Management, Payments, FinTech StartUps
GoCardless, a leading fintech in account-to-account payments, has joined forces with Pennylane, the first financial management and accounting platform designed for companies and their accountants, to offer SMEs and start-ups a seamless way to manage and collect recurring payments.
Research Reveals Finance Wants to Direct its Own Digital and Data Literacy Futures
- 4 years 8 months ago
- Management, Consultancy
A research report from financial performance management and business intelligence consultancy, MHR Analytics shows that finance teams want to be in control of their own digital and data futures, rather than being led by IT or external consultants.
