Techwire


UPDATE – Properly Expands to Vancouver to Transform West Coast Real Estate Experience

With the brokerage’s first expansion, Properly introduces unique buy before you sell model to B.C. and welcomes renowned real estate expert and Vancouver-local Drew Scott to Agent team Properly Homes Expands to Vancouver and The Fraser Valley. A Properly for sale sign in front of a listing VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) […]

Properly Expands to Vancouver to Transform West Coast Real Estate Experience

With the brokerage’s first expansion, Properly introduces unique buy before you sell model to B.C. and welcomes renowned real estate expert and Vancouver-local Drew Scott to Agent team Properly Homes Expands to Vancouver and The Fraser Valley. A Properly for sale sign in front of a listing VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) […]

UK FinTech Storfund Hires Amazon Executive To Drive Expansion

As the business expands to major marketplaces worldwide, Storfund has made several market leading hires LONDON–(BUSINESS WIRE)–Increasing recognition that ecommerce has a cashflow problem has seen Storfund expand to new marketplaces – and embark on a hiring spree. Storfund, a leading UK fintech, offers retailers immediate payment on sales, eliminating the long wait for payment […]

Stronghold Launches $100 Million Investment Fund

Stronghold Capital’s investments will expand founder representation and access in fintech innovation SAN FRANCISCO–(BUSINESS WIRE)–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 underrepresented founders and fund managers, the payments and fintech ecosystem, and the Web3 and blockchain […]

EML Reports Record GDV Of $31.6BN And Revenues Of $114.4M For The First Half Of FY22

Group Gross Debit Volume of $31.6 billion, up 209% on PCP; Group Revenue1 of $114.4 million, up 20% on PCP; Group Underlying EBITDA2 of $26.9 million, down 4% on PCP; Group Underlying NPATA of $13.1 million, up 6% on PCP; Underlying operating cash inflows of $14.7 million, down 58% on PCP due to timing of […]

Western Union Expands in South Korea with Travel Wallet

Collaboration will Enable Customers to Send and Receive Western Union Money Transfers on the Travel Wallet app SEOUL, South Korea–(BUSINESS WIRE)–Western Union, a global leader in cross-border, cross-currency money movement and payments, and Travel Wallet, one of the leading fintech companies in the country, have announced the launch of Western Union money transfer services on […]

nCino Announces Timing of its Fourth Quarter and Fiscal Year 2022 Financial Results Conference Call

WILMINGTON, N.C., Feb. 15, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, will report financial results for its fourth quarter and fiscal year ended January 31, 2022, after the market close on Thursday, March 31, 2022. nCino will host a […]

Payments-as-a-Service Fintech Finexio Announces Partnership With Autonomous Commerce Leader JAGGAER

JAGGAER Pay Enhances Source-to-Pay Offering with Automated Accounts Payable Solution Finexio + JAGGAER Finexio + JAGGAER ORLANDO, Fla., Feb. 15, 2022 (GLOBE NEWSWIRE) — JAGGAER, the global leader in Autonomous Commerce, and Finexio, the fast-growing digital Accounts Payable (AP) payments-as-a-service company, today announced a strategic partnership that expands JAGGAER’s offerings to include a service-centric solution […]

Central Minnesota Credit Union to Become Magnifi Financial

Name and visual identity change reflects expanding business, customer focus MELROSE, Minn.–(BUSINESS WIRE)–Central Minnesota Credit Union (CMCU), a member-owned financial services cooperative, announced that it is changing its name to Magnifi Financial, effective March 1. As part of the transition, CMCU will unveil a new visual identity, including logo, signage, website and advertising. Magnifi Financial […]

Live Oak Bank Expands Embedded Banking Team

WILMINGTON, N.C., Feb. 15, 2022 (GLOBE NEWSWIRE) —  Live Oak Bank announced today that Jake Tupa will lead the organization’s embedded banking efforts. Tupa, Live Oak’s head of embedded banking, brings a deep understanding of fintech partnership strategy, banking infrastructure and financial technology solutions to the organization. He will report to Live Oak’s EVP of Corporate […]

IQST – iQSTEL Technology Portfolio Builds On $1.2 Trillion Market

New York, NY, Feb. 15, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) has built and rapidly expanded a business by being a leader in providing technology enabled services to the global migrant market with an estimated population of over 280 million.  iQSTEL expects to report $64 million in revenue for 2021 generated primarily from […]

SIMON Announces Strategic Investment from Citi

Citi is the latest market participant to make a strategic investment in SIMON, deepening the partnership between the two firms NEW YORK–(BUSINESS WIRE)–#FinTech—SIMON Markets LLC (SIMON), a fintech company that offers an end-to-end digital suite of tools to help financial professionals understand, manage, and analyze complex alternative investment products, today announced Citi as its latest […]

FirstBank Closes Out the Year with Record Income and Growth

Bank Helps Colorado Gives Day Raise More Than $54 Million for 3,000+ Local Nonprofits LAKEWOOD, Colo., Feb. 15, 2022 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced year-over-year double-digit percentage increases in assets, deposits, and income in the fourth quarter of 2021. At […]

Altada Continues Momentum in Market for Data-Driven Decision Making

Ireland’s Leader in AI Builds U.S. Presence With San Francisco Location as Global Demand for Its Fintech, Travel/Security and Healthcare Solutions Grows CORK, Ireland & NEW YORK–(BUSINESS WIRE)–Altada Technology Solutions, a global provider of artificial intelligence (AI) solutions that supercharge data-driven decision making in the financial services, travel/security and healthcare sectors, today announced its recent […]

tastytrade Podcast Host and Research Analyst, Ms. Julia Spina, Pens “The Unlucky Investor’s Guide to Options Trading”

The Unlucky Investor’s Guide to Options Trading shares the fundamentals of applied options trading to empower ambitious traders–minimal luck needed Published by Wiley, this approachable and actionable guide to options trading is available for pre-order now and is set to release on February 23rd CHICAGO–(BUSINESS WIRE)–#optionstrading–New opportunities for retail investors to engage with the market […]

SmartDeFi™ From FEG – DeFi 3.0

GLASGOW, Scotland, Feb. 15, 2022 (GLOBE NEWSWIRE) — via CryptoCurrencyWire — The FEG project (“FEG,” “FEG Token” or “FEGtoken”) launches SmartDeFi™ today, its revolutionary cryptocurrency launchpad platform. SmartDeFi™, the flagship cryptocurrency launchpad of the Feed Every Gorilla (“FEG”) Token project, is now live. SmartDeFi™ is a breakthrough in crypto technology bringing bare, unrivaled protection for […]

Skience Launches New Surveillance Solution

National network Lion Street will be first adopter of the configurable platform that allows easy collaboration along with quick and seamless regulatory adaption HERNDON, Va. & AUSTIN, Texas–(BUSINESS WIRE)–#Clearing—Skience, a leading financial services solution and consulting provider, has debuted its brand-new Surveillance Solution, a tool that allows firms to define approval and exception workflows that […]

Morgan Stanley Selects 8 Startups for 7th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

The Winter 2022 Multicultural Innovation Lab (MCIL) Cohort includes the following companies that have innovative strategies across sectors such as fintech, education, energy, ecommerce, behavioral health and software: BrandXR, Cognitive Talent Solutions, Lab4U, Meytier, Notice Ninja, OPTT, Sesame Solar and TIDY App MCIL portfolio companies reach more than $515M combined valuation and have raised over […]

Fortanix Reports Stellar Year with Record Sales and Customer Wins

Confidential Computing leader fuels growth with powerful new offerings and strategic partnerships, including investment from In-Q-Tel MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the data-first multicloud security™ company, today announced another record year for sales, customer wins and workforce expansion. During the fiscal year ended Jan 31, 2022, Fortanix sales grew 2.5X, the number of customers doubled, […]

Autonomous Commerce Leader JAGGAER Announces Partnership with Payments-as-a-Service Fintech Finexio

JAGGAER Pay Enhances Source-to-Pay Offering with Automated Accounts Payable Solution RESEARCH TRIANGLE, N.C. & ORLANDO, Fla.–(BUSINESS WIRE)–JAGGAER, the global leader in Autonomous Commerce, and Finexio, the fast-growing digital Accounts Payable (AP) payments-as-a-service company, today announced a strategic partnership that expands JAGGAER’s offerings to include a service-centric solution to simplify and optimize business-to-business (B2B) payments. Branded […]

Galileo’s Technology Powers H&R Block’s New Mobile Banking App, Spruce

Full-suite app leverages Galileo’s powerful financial technology platform and flexible APIs to create seamless digital banking experiences for customers SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that its API-enabled financial technology powers Spruce℠, the mobile banking platform1 built by […]

Zendrive Joins AXA XL’s Construction Ecosystem Technology Library

Leading global commercial insurer taps Zendrive’s cutting-edge mobility risk intelligence platform to join its industry-leading technology partner ecosystem SAN FRANCISCO, Feb. 15, 2022 (GLOBE NEWSWIRE) — Zendrive, a mission-driven company making roads safer with data and analytics, today announced a new partnership with AXA XL, a leading provider of global commercial insurance and reinsurance to […]

Auto Super App Way.com Gives Roadside Assistance the Full Digital Experience with Way+

Real-time tracking and an Uber ride are included in the experience. Featured Image for Way.com Featured Image for Way.com FREMONT, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) — Number one-rated auto app Way.com is giving new meaning to “help is on the way” as customers are set to receive a dynamic digital experience via the company’s […]

Nuvei Donates to Youth Development Now in Latest Social Responsibility Initiative

Nuvei Payment Technology Partner MONTREAL, Feb. 15, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, has today announced that, in association with its partner SMB Global and its client SOLE Fitness, it has made a donation to North American non-profit leadership foundation, […]

VizyPay Achieves $2B in Payments Processed in Four Years; Expects to Surpass $4B in 2022

The company is the fastest-growing privately held payment processor in America with 8,000% growth WAUKEE, Iowa, Feb. 15, 2022 (GLOBE NEWSWIRE) — VizyPay, an industry-leading payment processing company for small and medium-sized businesses (SMBs), today announces it has surpassed the $2 billion milestone in payments processed since its founding in 2017. Impressively, over half, approximately […]

LendingUSA® Introduces 1% Earning Program for Funeral Partners

LendingUSA, one of the nation’s leading point-of-sale financing solutions, introduces the 1% Earning Program, a new pricing structure that pays funeral partners an extra 1% on every funded loan. 1% Earning Program details 1% Earning Program details SHERMAN OAKS, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) — Point-of-sale financing company LendingUSA recently improved its services for […]

Boost Insurance Powers First and Only Crypto Wallet Insurance Product for Retail Investors

Breach Insurance leveraged Boost’s infrastructure-as-a-service platform to develop the only crypto insurance product available to retail wallet holders NEW YORK–(BUSINESS WIRE)–Boost Insurance (“Boost”) alongside go-to-market partner, Breach Insurance (“Breach”), an insurtech that provides insurance technology and regulated insurance products for the cryptocurrency market, today announced the launch of Crypto Shield, the first insurance product for […]

Kenya Banking Industry Report 2021: Influencing Factors, Competitive Environment, Outlook, Industry Associations, Company Profiles

Dublin, Feb. 15, 2022 (GLOBE NEWSWIRE) — The “The Banking Industry in Kenya 2021” report has been added to ResearchAndMarkets.com’s offering. The Banking Industry in Kenya This report covers the Kenyan banking industry, focusing on commercial banks and also including the central bank, microfinance and mutual funds such as local credit and savings unions and […]

Legion Capital Corporation Announces 2022 Annual Meeting Of Shareholders

ORLANDO, Fla., Feb. 15, 2022 (GLOBE NEWSWIRE) — Legion Capital (OTCQB:LGCP), a FinTech driven, publicly traded specialized business lender providing growth capital to small and medium sized companies and real estate developers, today announced that its Annual Shareholders’ Meeting will be held on Tuesday, June 14, 2022 via video conference. Members of the Board and […]

Egypt Banking Industry Report 2021: Influencing Factors, Competitive Environment, Outlook, Industry Associations, Company Profiles

Dublin, Feb. 15, 2022 (GLOBE NEWSWIRE) — The “The Banking Industry in Egypt 2021” report has been added to ResearchAndMarkets.com’s offering. This report on the Egyptian banking industry covers deposit-taking institutions, as well as central banking. It includes information on the country and legislation and regulations relevant to the banking industry, and details of the […]

Breach Launches Crypto Shield, the Industry’s First Regulated Insurance Product for Retail Crypto Investors

Featured Image for Breach Insurance Featured Image for Breach Insurance BOSTON, Feb. 15, 2022 (GLOBE NEWSWIRE) — Breach Insurance, a Boston-based crypto insurtech that provides insurance technology and regulated insurance products for the cryptocurrency market, announced the launch of Crypto Shield. The retail crypto investor product covers theft of crypto while in the custody of […]

Akur8 Teams up With Pet Health Unicorn Bought By Many / ManyPets

PARIS & NEW YORK & LONDON–(BUSINESS WIRE)–Akur8 is pleased to announce the collaboration with pet health and insurance company Bought By Many to help boost the insurtech’s pricing capabilities. Through the partnership, Akur8 reinforces its presence in the UK, and further expands its area of expertise with a new line of business: pet health and […]

MOCA Financial Enhances Its Digital-First NextGen Card-Based Payment Platform With Atomic’s Automated Direct Deposit Acquisition Solution

MOCA clients can now provide a seamless, easy method for their customers to switch their payroll direct deposits to their client-branded MOCA accounts and get paid up to 2 days early AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a Digital-First Next-Generation Card-Based Payment Platform provider, is pleased to announce that it has partnered with Atomic to provide automated direct […]

Hildred Capital Management Closes Hildred Equity Partners II Fund at $363 Million

Oversubscribed Debut Institutional Fund Reinforces Hildred’s Commitment to Healthcare Middle Market NEW YORK–(BUSINESS WIRE)–Hildred Capital Management LLC (“Hildred”), a New York based private equity firm, today announced that it has closed its first institutional fund, Hildred Equity Partners II (the “Fund”) with total commitments of $362.5 million, exceeding its target. Hildred will continue to focus […]

Kyriba Selected by Barilla to Provide a Global Working Capital, Treasury and Risk Management Platform

SAN DIEGO & MILAN–(BUSINESS WIRE)–Kyriba (“the Company”), a global leader in cloud treasury, payments and finance solutions, today announced that Barilla, a leading global food company, has selected the Company’s Enterprise Liquidity Management platform to support its treasury, risk management and supply chain finance operations. The integration will centralize Barilla’s multiple supply chain finance programs […]

Rocket Financial Inc. Selects Scienaptic’s AI-Powered Platform For RocketBNK

NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Rocket Financial Inc. has selected its platform to launch its new product RocketBNK. Rocket Financial delivers technology-led products and services that directly innovate within the payments and banking markets. The company’s latest product, RocketBNK, serves a variety of financial features such […]

GBT Seeks to Develop an AI Empowered Technology for Automatic Compaction of Integrated Circuit Layout Data IPs

Aiming for significant reduction of microchip’s layout blocks area and improved overall silicon yield SAN DIEGO, Feb. 15, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH ) (“GBT” or the “Company”), is developing an AI empowered technology for automatic compaction of integrated circuit (IC) layout blocks. As modern ICs are ever growing in complexity and […]

Asenso Facilitates Inclusive Small Business Community Lending through Financial Technology and “Social Borrowing Circles” 

Startup launches Wefunder campaign to attract Early Bird investors to fund their digital lending system for Community Banks and CDFIs. Asenso Social Borrowing Circle Asenso is helping banks manage risk and costs for small business zero collateral loans through a peer-to-peer loan structure called “The Social Borrowing Circle” via an Asenso app. LOS ANGELES, Feb. […]

IMM Accelerating Digital Transformation into 2022

It’s a new year, and IMM is still the number one eSignature partner for financial institutions RAHWAY, N.J.–(BUSINESS WIRE)–#banks—IMM, the only eSignature provider specializing in eSignature and digital transaction solutions exclusively for financial institutions (FIs), announced today more than 1,600 FIs now use IMM’s products and solutions for eSignatures, which reflects a growth in the […]

CoreCard Corporation Reports Fourth Quarter 2021 Results

NORCROSS, Ga., Feb. 15, 2022 (GLOBE NEWSWIRE) — CoreCard Corporation [NYSE: CCRD], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended December 31, 2021. “CoreCard’s strong performance continued in the fourth quarter and resulted in full year […]