Techwire


Investview (“INVU”) Reports Second-Quarter Fiscal 2022 Financial Results Posting Strong Quarterly Gross Revenue and Net Income

Gross Revenue of $25.6 million, an increase of $17.5 million or 216% for the Quarter Year-Over-Year Net Revenue of $23.4 million, an increase of $15.6 million or 201% for the Quarter Year-Over-Year Net Income of $8.4 million, an increase of $9.6 million or 805% for the Quarter Year-Over-Year iGenius continues record growth through new enrollments […]

D.A. Davidson Acts as Exclusive Financial Advisor to QuickFee Limited in Establishing a New Multi-Currency, Asset-Backed Financing with Northleaf Capital Partners

NEW YORK–(BUSINESS WIRE)–#finance–D.A. Davidson & Co. announced that it has served as exclusive financial advisor to QuickFee Limited in establishing a new USD equivalent, $70 million multi-currency, asset-backed financing with Northleaf Capital Partners. QuickFee (ASX:QFE) is a fast-growing financial technology company providing an innovative suite of online payment solutions and loan origination offerings to professional, […]

Wall Street guru brings fintech secrets to South Africa

CAPE TOWN, South Africa, Nov. 22, 2021 (GLOBE NEWSWIRE) — The man whose real life story was portrayed by Hollywood superstar Leonardo DiCaprio in the mega Box Office movie, The Wolf of Wall Street, will be in South Africa in December. Jordan Belfort, “The Real Wolf of Wall Street,” will take part in the intensive […]

Insurtech MGA Corvus Insurance Partners With CyberCube

SAN FRANCISCO–(BUSINESS WIRE)–Corvus Insurance, a leading provider of smart commercial insurance products powered by AI-driven risk data, is to use CyberCube’s Portfolio Manager to better analyse and understand cyber risk. In addition to Portfolio Manager, the Boston-based managing general agent (MGA) will also use CyberCube’s Single Point of Failure (SPoF) model and Attritional Loss model […]

CORRECTING and REPLACING Qatar Free Zones and Aspiration Join Forces to Bring Sustainability Services to the MENA Region

Qatar Free Zones Authority signs strategic collaboration agreement with Aspiration Agreement will deliver best-in-class sustainability solutions for governments and businesses to reduce their carbon footprints and combat climate change, and support QFZ to become the world’s first net zero free zones DOHA, Qatar–(BUSINESS WIRE)–$IPVF–Please replace the release with the following corrected version due to multiple […]

Embedded Finance Leader Alviere Runs Ad Campaign Announcing Official Arrival of New Era of Finance

“Bank Is Just a Four Letter Word” NEW YORK–(BUSINESS WIRE)–Alviere, the leading global embedded finance platform enabling any brand to deliver financial products and services to its customers and employees, today unveiled full page newspaper ads that officially announce a new era of financial services that will result in leading consumer brands offering all the […]

Consumers Hungry for Real-Time Payments Offer Opportunities for Financial Institutions, Says Fiserv White Paper

Banks and credit unions can build a competitive market position by offering and highlighting benefits of real-time payments BROOKFIELD, Wis.–(BUSINESS WIRE)–According to a new Fiserv white paper showcasing findings of a survey conducted by Javelin Strategy & Research, consumers are crystal clear on the benefits of real-time payments, yet often lack understanding of what exactly […]

Homeowners of America, a Porch Group Subsidiary, Introduces Services in Oregon

SEATTLE, Nov. 22, 2021 (GLOBE NEWSWIRE) — Homeowners of America (HOA), a property and casualty insurance provider and subsidiary of Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), announced the launch of service in Oregon. Porch, a leading vertical software company reinventing the home services and insurance industries, successfully acquired HOA in April 2021 […]

Alto Invests in Growth with National TV

Alternative investments fintech launches a national TV campaign with Marketing Architects MINNEAPOLIS–(BUSINESS WIRE)–Financial technology company Alto launched their first national TV campaign in partnership with All-Inclusive TV agency Marketing Architects. Founded in 2018, Alto rethinks investing’s traditional complexity and barriers-to-entry. Their self-directed IRA platform provides a simpler way for individuals to invest in alternative assets […]

Ault Global Holdings Plans to Change Name to BitNile Holdings and Split into Two Public Companies

BitNile to focus on Bitcoin mining, data center operations and decentralized finance opportunities; Ault Alliance to continue legacy operations  Key Takeaways: Ault Global Holdings, Inc. (the “Company”) to change its name to BitNile Holdings, Inc. and stock symbol to NILE by the end of 2021; Company to reorganize operations into two primary subsidiaries, BitNile, Inc. […]

OurCrowd Becomes First Israeli Venture Capital Firm to Operate in Abu Dhabi Global Market

OurCrowd incorporates wholly owned subsidiary OurCrowd Arabia in ADGM, operating as fund manager regulated by ADGM’s Financial Services Regulatory Authority Dr. Sabah al-Binali appointed Senior Executive Officer and Executive Chairman of OurCrowd Arabia JERUSALEM–(BUSINESS WIRE)–OurCrowd, Israel’s most active venture firm1, today announced its approval and licensing by Abu Dhabi Global Market (ADGM), the marquee international […]

Benedictine University Becomes First Illinois Campus to Offer Transact Mobile Student ID on Smart Phones and Wearable Devices

LISLE, Ill.–(BUSINESS WIRE)–Benedictine University students, faculty and staff can now transform their physical Benedictine University BCard (the official university ID card) into a mobile ID. Using their smart phone or wearable device’s mobile wallet, students can conveniently, safely and securely access campus buildings, purchase meals and more. With its launch of a mobile ID on […]

Majic Reports First Consolidated Financials with Revenues of 6.28 Million in Revenues & 173 Million in Assets

$MJWL Majic Reports First Consolidated Financials with Revenues of 6.28 Million in Revenues & 173 Million in Assets $MJWL – Q3 2021 Houston, Texas, Nov. 19, 2021 (GLOBE NEWSWIRE) — Majic Wheels, Corp. (OTC Pink: MJWL) (“Majic” or the “Company”), a Delaware corporation, that is positioning itself as a player in the disruptive industries of […]

Olympia Financial Group Inc. Announces That Exempt Edge Has Been Awarded “Best Regulatory Compliance Solution” by the Canadian RegTech Association

CALGARY, Alberta–(BUSINESS WIRE)–Olympia Financial Group Inc. (“Olympia“) (TSX: OLY) today announces that Exempt Edge, a division of its wholly owned subsidiary, Olympia Benefits Inc., has been awarded “Best Regulatory Compliance Solution” by the Canadian RegTech Association at its first annual awards ceremony. Exempt Edge Vice President, Stephen Preston, stated: “Exempt Edge is extremely proud of […]

Usio Chosen as Program Manager and Processor for the Voyager Debit Mastercard®

Voyager Digital is one of the fastest-growing cryptocurrency platforms in the U.S. with over 1 million funded accounts and 2.7 million verified users SAN ANTONIO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Usio, Inc. (Nasdaq: USIO), a leading FinTech integrated payment solutions provider, today announced that it has been selected by Voyager Digital (TSX: VOYG; OTCQX: […]

Expel Ranked 18th Fastest-Growing Company in North America on the 2021 Deloitte Technology Fast 500™

Recognition for Expel’s 12,858% revenue growth comes on the heels of its Series E fundraise and over $1B valuation HERNDON, Va.–(BUSINESS WIRE)–Following the announcement of its $140.3 million Series E fundraise and over $1B valuation, Expel, the managed detection and response (MDR) provider that aims to make great security as accessible as the internet, today […]

Patriot National Bancorp Extends Maturity of $12 million of Senior Notes

STAMFORD, Conn., Nov. 19, 2021 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot”) (NASDAQ: PNBK) announced today that it has formally extended the maturity of its $12 million of senior notes that were to mature on December 22, 2021. The extension provides for the same terms under the existing senior notes, other than that they […]

Simmons First National Corporation and Spirit of Texas Bancshares, Inc. Announce Intent to Merge

Transaction will significantly enhance Simmons’ scale in the Lone Star State; complement existing footprint while expanding into high-growth metro markets – Austin, Houston, San Antonio, Corpus Christi and Bryan-College Station PINE BLUFF, Ark. and CONROE, Texas, Nov. 19, 2021 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (“Simmons” or “Company”) and Spirit of Texas […]

ICE Benchmark Administration Provides Update Regarding LIBOR® Cessation and "Synthetic" LIBOR

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA), the authorized and regulated administrator of LIBOR®, has provided an update regarding LIBOR cessation and “synthetic” LIBOR following previous announcements from the UK Financial Conduct Authority (FCA). On March 5, 2021, the […]

Sam Carden Joins Truxton Wealth Management Team

NASHVILLE, Tenn., Nov. 18, 2021 (GLOBE NEWSWIRE) — Truxton Trust Company announced that Samuel F. Carden, CFA, has joined the firm as Associate Portfolio Manager, Wealth Management Services. Having previously worked in equity research at Jefferies, corporate banking at Regions Bank, and counterparty risk at UBS, Mr. Carden brings valuable experience to our team. He […]

Summit Financial Group, Inc. Announces Q4 Common Dividend of $0.18 per Share

MOOREFIELD, W.V. , Nov. 18, 2021 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a fourth quarter 2021 dividend of $0.18 per share payable on December 31, 2021 to common shareholders of record as of the close of business on December 15, 2021. Summit Financial […]

Pushpay Named to Deloitte’s 2021 Technology Fast 500 List

The Company ranked on the list of the fastest growing North American technology companies after recently being ranked #5 on the Deloitte New Zealand Fast 50 Master of Growth Index REDMOND, Wash., Nov. 18, 2021 (GLOBE NEWSWIRE) — Pushpay (NZSX:PPH, ASX:PPH, ‘Pushpay’ or ‘the Company’), the leading payments and engagement solutions provider for the faith-based […]

Boku extends its M1ST Payments Network into Thailand with TrueMoney & Rabbit LINE Pay

Combined, the M1ST Payments Network reaches over 30 million consumer accounts in Thailand alone LONDON, Nov. 18, 2021 (GLOBE NEWSWIRE) — Boku Inc., (AIM: BOKU), provider of M1ST, the world’s largest mobile payments network has today announced the expansion of M1ST into Thailand, with the addition of Thailand’s two most popular mobile wallets, TrueMoney and […]

Instabase Ranked Number 46 Fastest-Growing Company in North America on the 2021 Deloitte Technology Fast 500™

SAN FRANCISCO–(BUSINESS WIRE)–Instabase announced it ranked 46 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 27th year. “Businesses are increasingly looking to digitize some of their most complex business processes underpinned by unstructured data. Instabase […]

Socure Ranked as the Fastest-Growing Identity Verification Company in North America on the 2021 Deloitte Technology Fast 500™

Socure Achieves 783% Increase in Revenue Growth from 2017 to 2020 and is the Market Leader in the Identity Verification Industry NEW YORK–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, today announced it is the fastest-growing identity verification vendor on the Deloitte Technology Fast 500™ for the second year in a […]

Prizeout–Premier Ad-Tech Platform–Launches Free Employee Perks Platform That Features Exclusive, Curated Gift Card Marketplace

Amidst Great Resignation, Prizeout Perks provides a fast, cost-effective, and employee-approved solution just in time for the holiday season NEW YORK–(BUSINESS WIRE)–#employeeengagement—Prizeout Corp. (Prizeout), a digital cashout marketplace that delivers withdrawal solutions to commercial partners across the ecommerce, retail, gaming, finance, neobank and payroll industries, today announced the launch of Prizeout Perks, a free recognition […]

Visual Lease Included in Deloitte Technology Fast 500™ for Second Consecutive Year

Company sustains consistent double-digit growth over four years WOODBRIDGE, N.J.–(BUSINESS WIRE)–Visual Lease, the #1 lease optimization software provider, today announced that it ranked No. 264 on the Deloitte Technology Fast 500™, a list of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America. Visual Lease’s revenue grew by […]

Patriot Bank Obtains Preliminary Investment Grade Rating

STAMFORD, Conn., Nov. 18, 2021 (GLOBE NEWSWIRE) — Kroll Bond Ratings Agency (“KBRA”) assigned a preliminary deposit and issuer rating of BBB, and preferred stock rating of BBB- to the digital-first national bank being created by the proposed merger of American Challenger Development Corp. (“American Challenger”) with Patriot National Bancorp, Inc. (“Patriot”) (NASDAQ: PNBK), the […]

NS1 Named to Deloitte’s 2021 Technology Fast 500™ List of Fastest-Growing Companies in North America

Company attributes 266% revenue growth to demand for solutions that deliver flexibility, performance, and resilience for applications at the distributed edge NEW YORK–(BUSINESS WIRE)–#DeloitteFast500—NS1, the leader in application traffic intelligence and automation, today announced that it is listed on Deloitte’s 2021 Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, […]

Judo Raises $3M in Seed Funding to Accelerate Growth

Round led by TenOneTen Ventures and Freestyle Capital to address demand for Judo’s platform in new verticals Its platform empowers publishers to efficiently deliver fully native in-app user experiences without app updates Until now, Judo was bootstrapped boasting a host of high-profile clients, including over 50 franchises from the NFL, NBA and NHL TORONTO–(BUSINESS WIRE)–#Judo—Judo, […]

Announcing General Availability of Version 12 of the Market-Leading Majesco P&C Core Suite

New, innovative capabilities to accelerate insurers’ digital transformation, drive operational effectiveness and enable innovation of products, processes, and business models MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced the general availability of the version 12 of the market-leading Majesco P&C Core Suite, including Majesco Policy for […]

Cyware and Flashpoint Expand Partnership to Proactively Mitigate Enterprise Risk

Integration of Cyware Security Orchestration Layer and Flashpoint’s Actionable Threat Intelligence Empowers Security Teams to Automate Threat Response Workflows NEW YORK–(BUSINESS WIRE)–Cyware, the industry’s only Virtual Cyber Fusion platform provider, today announced an expanded partnership with Flashpoint, the global leader in actionable threat intelligence, to deliver intelligent automation to security teams. The partnership now features […]

Keyfactor Named to the Deloitte Technology Fast 500™ List for the Second Consecutive Year

The Market Leader in Machine Identity Management Ranks as the Fastest Growing Digital Key and Certificate Automation Provider in North America CLEVELAND–(BUSINESS WIRE)–#CertificateManagement—Keyfactor, the pioneer of PKI as-a-Service, and leader in machine identity management, today announced it placed as the fastest-growing digital key and certificate automation provider on this year’s Deloitte Technology Fast 500™, a […]

Genesis Trading Partners With Intelliware Development to Accelerate Feature Development for Their Prime Brokerage Platform

Cryptocurrency leader turns to development partner north of the border to accelerate product development. Intelliware Logo Intelliware Logo TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) — Intelliware Development, a Toronto-based Software Development company, is thrilled to announce that they have officially partnered with Genesis Trading to accelerate the development of their Prime Brokerage platform, Genesis Prime. Genesis […]

8fig Raises Combined $50M in Series A to Provide eCommerce Sellers with Flexible Capital and Supply Chain Tools

Latest funding round follows strong year of client growth as global eCommerce infrastructure booms AUSTIN, Texas–(BUSINESS WIRE)–8fig, the provider of equity-free flexible funding and supply chain management tools for eCommerce sellers, today announced the completion of a $50 million Series A funding round. 8fig will use the funds to accelerate growth and expand its lending […]

ICE to Host Carbon Credit Auctions for Permian Global, a Leading Developer of Large-Scale Tropical Forest Protection and Restoration Projects

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to begin carbon credit auctions for Permian Global, a leading developer of large-scale tropical forest protection and restoration projects. The auctions are expected to launch in 2022 and further details on timing will be announced […]

Essent Announces New Integration with OpenClose®

New integration supports mutual lender customers RADNOR, Pa.–(BUSINESS WIRE)–Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI) and subsidiary of Essent Group Ltd. (NYSE: ESNT) announced today they have partnered with OpenClose, a leading fintech provider and developer of enterprise-level mortgage lending software, to offer Essent’s products and services through their LenderAssist™ loan origination […]

International Students Can Now Refinance Their Student Loans

MPOWER Financing launches international student loan refi product WASHINGTON–(BUSINESS WIRE)–MPOWER Financing, a mission-driven fintech firm and the leading provider of education loans to high-promise international and DACA students, has launched an international student loan refinancing program (“Refi”) for international graduates now working in the United States. By launching this program, MPOWER is ensuring that promising […]

Fast Company awards AQUAOSO as honorable mention on first Next Big Things in Tech list

The climate fintech company’s innovative GIS Connect tool provides a richer understanding of disparate datasets in a single geospatial view, empowering agricultural organizations to create long-term resilience DENVER, Nov. 18, 2021 (GLOBE NEWSWIRE) — AQUAOSO, a climate fintech company improving data and risk management through a state-of-the-art data acclimation platform, today announced that it has […]

New Report from Insurify Reveals 12% Increase in Car Insurance Rates and COVID-19’s Impact on Car Insurance and Driving Behaviors

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Insurify, America’s leading car insurance comparison platform, has released its second annual Insuring the American Driver report, revealing a 12% increase in car insurance costs in 2021 compared to 2020. The average American driver is now paying $1,633 a year for coverage—a price the report projects will rise 5% to just over $1,700 […]