Techwire


Merger Forms New Insurance Holding Company, Universal Shield Insurance Group

New parent of Universal Fire & Casualty Insurance Company and Shield Indemnity will lead an admitted and non-admitted P&C insurance enterprise WATERFORD, Mich., Jan. 11, 2022 (GLOBE NEWSWIRE) — UIM Holding Company and its subsidiary Universal Fire & Casualty Insurance Company (UFCIC) has merged with Shield Indemnity, Inc. (Shield Indemnity), to form a new property and […]

Cogent Bank to offer real-time, blockchain-based payments through TassatPay™

Cogent Bank’s B2B clients to benefit from instantaneous, secure, real-time payments 24/7/365 NEW YORK & ORLANDO, Fla.–(BUSINESS WIRE)–#B2B—Tassat Group Inc., the leading provider of blockchain-based, real-time solutions to banks, and Cogent Bank, a full-service commercial and retail bank, today announce Cogent Bank’s B2B clients will have access to TassatPay™, the only blockchain-based, real-time payment platform […]

Cantaloupe, Inc. Unveils New International Partners Program

Cantaloupe International Partners (CIP) Equips High-Performing Retailers Outside the U.S. with Expertise and Resources to Expand and Deepen Local Unattended Offerings MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #autonomousretail–As the pandemic drives increased demand for unattended retail solutions across the globe, today, Cantaloupe Inc., (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides […]

Tul Announces $181 Million Series B for Further Expansion into Latin America, Supporting the 600,000 Local Hardware Stores That Serve as the Backbone of Their Communities and a Source of Development

BOGOTÁ, Colombia–(BUSINESS WIRE)–Today, Tul, an e-commerce platform that strengthens developing communities by providing locally-run hardware stores with consistent access to construction materials, inventory management capabilities, invoicing services and opportunities to diversify revenue streams, announced it has secured a $181 million Series B. The round was led by 8VC and extended by Avenir, bringing Tul’s total […]

Reduce and Manage Risk with new Guidewire Marketplace App from Risk Control Technologies

TORONTO & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #innovation–Guidewire (NYSE: GWRE) and Risk Control Technologies (RCT) announced that RCT’s new Ready for Guidewire validated accelerator for PolicyCenter is now available to users in the Guidewire Marketplace. RCT provides an end-to-end loss control platform to help insurers maximize claims reduction, increase customer retention, and harness data insights for […]

Legion Capital Announces Securities Offering Sellout and Expansion to $75 Million

Fintech Lender Continues Growth of Portfolio through Bond and Preferred Equity Offering ORLANDO, Jan. 11, 2022 (GLOBE NEWSWIRE) — Legion Capital Corporation (OTCQB: LGCP), a fintech-enabled private equity lender serving small to medium sized businesses and real estate developers, today announced the re-qualification of their Reg A+ offering to incorporate an increased maximum capital raise […]

Mogo Announces Expansion into Metaverse with Investment in NFT Trading Platform NFT Trader

Company operates global peer-to-peer non-fungible token trading platform that generated over US$50M of trading volume in last 30 days Mogo acquires an initial 25% with fixed-price option to increase to 50% VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced a strategic investment in […]

Premier Canadian Cannabis Retailer, Trees Corporation, Goes Public on the NEO Exchange

Company selects NEO to access wider investor base and enhanced liquidity TORONTO–(BUSINESS WIRE)–$TREE #NEOExchange—NEO is proud to welcome Trees Corporation (“Trees” or the “Company”), a premier Canadian cannabis retailer, as they list today on the NEO Exchange. Trees is now available for trading on NEO under the symbol TREE. Deeply rooted in the cannabis community, […]

CAIS Announces $225 Million Financing Round Led by Apollo and Motive Partners, Exceeds $1 Billion Valuation

New Capital, Including Investment from Franklin Templeton, to Accelerate the Digitization of Alternative Investments Access, Education, and Execution Executives of Apollo and Motive Partners Join Fintech Pioneer CAIS Board of Directors NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced a $225 million round of funding led by Apollo (NYSE: APO) and Motive Partners […]

Intrepid Credit Union Chooses Scienaptic’s AI-Powered Platform For Advanced Credit Decisioning

NEW YORK–(BUSINESS WIRE)–#AI—Scienaptic AI, a leading global AI-powered credit decision platform provider, announced today that Mont.-based Intrepid Credit Union has chosen its platform to boost its credit decisions. Established in 1936 as Helena U.S. Employees Federal Credit Union, Intrepid Credit Union has multiplied its member base over the decades, becoming a notable and reliable name […]

GBT is Developing an Internet Based Licensing System to Potentially to Offer its Microchip Analysis Technology Through a Secured Web Portal Interface

SAN DIEGO, Jan. 11, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), is developing an Internet based system to potentially license its microchip analysis technology through a web portal interface. Using a secured portal, fabless IC design firms will be able to license and use GBT’s IC analysis programs per […]

OLB Group Inc. Signs Long Term Lease for 10,000 Square Foot Cryptocurrency Mining Facility in Bradford, PA  

DMint, a Wholly Owned Subsidiary Dedicated to Cryptocurrency Mining, Building Out Second Data Center Facility to be Powered from the Local Power Grid NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (“OLB,” “we,” “us,” “our,” or the “Company”), a diversified Fintech eCommerce merchant services provider and Bitcoin crypto mining enterprise, has announced the company has signed a […]

Record Volume of Environmental Contracts Traded on ICE in 2021 Equivalent to an Estimated $1 Trillion in Notional Value

AMSTERDAM & LONDON & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record volume of environmental contracts traded in 2021. A total of 18 billion tons of carbon allowances traded in 2021, equivalent to an estimated $1 trillion in notional value and equal to […]

Arkose Labs Capped Monumental Year with 2X Revenue Growth, Demonstrating Standout Sector Leadership in Fast-Growing, Fraud-Prevention Market

Customer growth accelerated across all industries, led by fintech, retail/ecommerce, and travel segments Strong financial performance and significant company milestones were achieved; demand from global enterprises surged for its fraud prevention and account security platform Global fraud detection and prevention market is projected to grow from $26.97 billion in 2021 to $141.75 billion in 2028, […]

HighRadius Expands Partnership with Genpact to Deliver Digital Transformation Outcomes

Deepening Relationship Couples Autonomous Receivables Software with AR Business Process and Delivery Expertise from Genpact NEW YORK & HOUSTON–(BUSINESS WIRE)–#AI—Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, and HighRadius, the Artificial Intelligence-powered Order to Cash, Treasury Management and Record to Report software provider, today announced the expansion of their strategic […]

Outlook on the Smart Card Global Market to 2026 – New Mode of Information Security of Users Enabled by Blockchain Presents Opportunities

Dublin, Jan. 11, 2022 (GLOBE NEWSWIRE) — The “Global Smart Card Market (2021-2026) by Type, Interface, Functionality, Access control, Offering, Component, Vertical, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The Global Smart Card Market is estimated to be USD 14.4 Bn in 2020 and […]

Purlin Closes Seed Round and Announces Strategic Relationship With Douglas Elliman

Company Also Announces Launch of First-Ever Combination of AI, Image Recognition and Natural Language Processing to Power Residential Real Estate Search and Client Conversion LOS ANGELES, Jan. 11, 2022 (GLOBE NEWSWIRE) — Purlin Co. (www.purlin.com) announced today that New Valley Ventures, the property technology investment vehicle of Douglas Elliman Inc. (NYSE: DOUG), along with Redwood Trust […]

Twig Raises $35M Series A Round to Fuel Web 3.0 Green Payment Infrastructure

Investment will help accelerate Twigs product and international expansion LONDON–(BUSINESS WIRE)–Twig, a London, UK circular economy fintech scaleup, announces its $35 million Series A round of financing. The investment will help the company accelerate delivering its Web 3.0 green payment infrastructure and boosting the roll out of its current suite of financial products. The Series […]

Acuity Knowledge Partners Adds 2,000 Employees to Near Double in Size as It Exceeds 2021 Growth Projections

LONDON–(BUSINESS WIRE)–#acuityknowledgepartners–Today, Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, analytics and technology solutions to the financial services sector, reveals the rapid growth that the firm experienced in 2021, across its global business. Acuity now supports over 400 banking, asset management, commercial banks and consulting firms. In 2021, the firm saw a substantial […]

Trulioo Improves Identity Verification Services in Ireland

With more extensive data coverage, organizations can reliably verify over 5 million consumers in the Irish market VANCOUVER, British Columbia–(BUSINESS WIRE)–#AML–Today Trulioo announced the enhancement of identity verification services in Ireland via Trulioo GlobalGateway, the world’s largest network of identity data and services. With GlobalGateway, organizations can securely access over 450 data types to perform […]

MonetaGo Commences Japan Operations led by Munetoshi Yamada

TOKYO, SINGAPORE & NEW YORK–(BUSINESS WIRE)–#MonetaGo—MonetaGo is pleased to announce the launch of operations in Japan beginning effective immediately. The Japanese business is led by Mr. Munetoshi Yamada, Managing Director Japan, based in Tokyo. Yamada-san brings with him a wealth of experience in the thriving Japanese financial sector having proven himself a senior leader at […]

Nuvei Integrates with Dapper Labs’ Flow to Become One of the First FUSD Stablecoin Processors

Nuvei Payment Technology Partner MONTREAL, Jan. 10, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI) the global payment technology partner of thriving brands, has announced it has integrated with Flow, a Web3 platform designed for consumer-friendly blockchain applications. This is a significant milestone in accessible NFT purchasing and unique stablecoin […]

New Faces on Board at First Guaranty Bank

As FGB moves into the Mideast Market, they recruit experienced, successful team HAMMOND, La., Jan. 10, 2022 (GLOBE NEWSWIRE) — First Guaranty Bank welcomes a very experienced team to lead their new Mideast market located in Kentucky and West Virginia. The move into the Mideastern part of the United States is a natural progression as […]

North Dallas Bank & Trust Co. Announces Fourth Quarter Earnings

DALLAS, Jan. 10, 2022 (GLOBE NEWSWIRE) — NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced net earnings of $1,310,944 or $0.51 per share for the three months ending December 31, 2021, compared to $2,319,733 or $0.90 per share for the same period in 2020. Net earnings for […]

Banking as a Service Market Projected to Register 25.4% CAGR by 2027 – Report by Market Research Future (MRFR)

Growing Awareness about Internet Banking to Boost Banking as a Service (BaaS) Market Growth New York, US, Jan. 10, 2022 (GLOBE NEWSWIRE) — Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Banking as a Service Market information by Type, by Organization Size, by Application and Region – forecast to 2027” […]

Liberty Tax 2022 Brand Campaign Addresses “Taxiety” Head On

Campaign is led by two new marketing executives at Liberty Tax DALLAS–(BUSINESS WIRE)–$refund #2021taxseason—Liberty Tax, one of North America’s leading tax preparation companies, is further differentiating the brand in the financial industry with its new 2022 marketing campaign, “Taxiety.” Informed by research on culture and community, the more than 12,000 Liberty Tax professionals are armed […]

CBANC Launches Online B2B Fintech Marketplace for Credit Unions and Community Banks

CBANC Marketplace enables financial institutions to connect with hundreds of vendors to improve the purchase process AUSTIN, Texas–(BUSINESS WIRE)–#fintech—CBANC, the financial industry’s largest verified online community of banking and credit union professionals, announced today the launch of it’s comprehensive platform that includes the industry’s largest online marketplace of products and solutions designed specifically to meet […]

Tusk Strategies Launches First of Its Kind Crypto + FinTech Practice, Led by Eric Soufer

NEW YORK–(BUSINESS WIRE)–Building off a decade of helping the world’s fastest growing start-ups succeed by solving major regulatory and public affairs challenges, Tusk Strategies today announced the launch of a new practice area focused on Crypto + FinTech. The firm announced that the practice group will be led by Eric Soufer, a Tusk veteran who’s […]

TurbineOne Raises $3 Million to Deliver to Ground Forces the Information They Need to Navigate Dangerous Environments

Department of Defense organizations, including the U.S. Navy and U.S. Air Force, as well as commercial customers like Siemens choose TurbineOne for wearable AI and new levels of situational awareness TurbineOne’s Frontline Perception System breaks down data silos and delivers “Smart Alerts” at the tactical edge to keep people safe and boost mission success SAN […]

SRAX Announces Full Year and Q1 2022 Revenue Guidance

Full Year 2022 guidance of $46-48M, an increase of 46% – 52% over 2021 unaudited revenue of approximately $31.5M. Q1 2022 guidance of $11.5M, a 111% Increase over Q1 2021 revenue. Q4 2021 booking meets expectations. LOS ANGELES, Jan. 10, 2022 (GLOBE NEWSWIRE) — via InvestorWire — SRAX, Inc. (NASDAQ: SRAX), a financial technology company […]

Guidewire Announces Aspire Systems, Inc. as new Consulting Alliance Partner

Global technology services company becomes the latest Guidewire PartnerConnect Consulting alliance member, providing P&C insurers digital transformation expertise OAK BROOK, Ill. & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireJutro–Guidewire (NYSE: GWRE) announced that Aspire Systems, Inc., a global technology services firm providing digital transformation services, has joined Guidewire PartnerConnect as a Consulting alliance member at the Select […]

Advantage One Credit Union Selects Scienaptic’s AI-Powered Credit Underwriting Platform

NEW YORK–(BUSINESS WIRE)–#AI–Leading AI-powered credit decision platform provider, Scienaptic announced today that Advantage One Credit Union has chosen its AI-based underwriting platform to complement its lending process and make advanced loan decisions. Founded in 1952, Advantage One Credit Union started with serving employees of McLouth Steel Corporation. Over the decades, the credit union has grown, […]

nCino Completes Acquisition of SimpleNexus

Extends cloud-based platform with leading homeownership point-of-sale and mobile-first capabilities WILMINGTON, N.C., Jan. 10, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that it has completed its acquisition of SimpleNexus, a leading cloud-based, mobile-first homeownership software company, for total consideration of approximately […]

EbixCash Announces Appointment of Eminent Financial Luminary & Former RBI Executive Director – Ms. Uma Shankar to Its Board of Directors

NOIDA, India and JOHNS CREEK, Ga., Jan. 10, 2022 (GLOBE NEWSWIRE) — EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced the appointment of Ms. Uma Shankar, as a new independent director to the […]

KKR Closes $4.0 Billion Health Care Strategic Growth Fund II

Successor Fund Reaffirms Firm’s Commitment to Investing in Innovative Health Care Growth Companies MENLO PARK, Calif. & NEW YORK–(BUSINESS WIRE)–KKR, a leading global investment firm, today announced the final closing of KKR Health Care Strategic Growth Fund II (“HCSG II” or the “Fund”), a $4.0 billion fund dedicated to health care growth equity investment opportunities […]

BitNile Holdings’ Subsidiary, TurnOnGreen, Completes Initial Stage of a Multi-Phase Installation of EV Chargers at a Premier California Resort Destination

LAS VEGAS–(BUSINESS WIRE)–$AGH #AlisalGuestRanch—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has completed phase one of a multi-phase electric vehicle (“EV”) charger installation project at The Alisal Guest Ranch and Resort (“The Alisal”), in Solvang, California. The […]

Global $18.89 Billion RegTech Markets to 2025 & 2030

Dublin, Jan. 10, 2022 (GLOBE NEWSWIRE) — The “Global RegTech Market Report 2021: COVID-19 Implications and Growth” report has been added to ResearchAndMarkets.com’s offering. The global RegTech market is expected to grow from $6.26 billion in 2020 to $7.90 billion in 2021 at a compound annual growth rate (CAGR) of 26.2%. The market is expected […]

EML’s Partner REPX Launches AS Roma’s Official Prepaid Card For Its European Soccer Fans

EML expands its sports-related digital footprint through REPX’s exclusive partnership with the Italian football team, AS Roma. LONDON–(BUSINESS WIRE)–EML Payments (ASX: EML) (S&P/ASX 200) powers REPX’s (CSE: REPX) innovative digital and physical payment product for fans in Europe of the Italian Serie A TIM soccer team, AS Roma. The beloved Yellow And Reds (Giallorossi) Head […]

PolarBearX [PBX] is partnering with Clover Power PCL (SET: CV) to work on Green Crypto Mining Innovation project in 2022

PBX specializes in creating financial robots and automated robotic trading platforms for Stock, FX, Futures, and Cryptocurrency markets by incorporating AI, Machine Learning, and Blockchain technology Singapore, Singapore, Jan. 09, 2022 (GLOBE NEWSWIRE) — PolarBearX [PBX], a WealthTech start-up specializing in creating financial robots and automated robotic trading platforms for Stock, FX, Futures, and Cryptocurrency […]

AppTech Payments Corp. Announces Closing of $15.0 Million Underwritten Public Offering and Nasdaq Listing

CARLSBAD, Calif., Jan. 07, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”)(NASDAQ: APCX), a fintech company powering commerce experiences, today announced the closing of its underwritten public offering of 3,614,458 units, each unit consisting of one share of common stock (the “Common Stock”) and one warrant (the “Warrants”) to purchase one share of Common Stock, […]