Uzum Increases Net Income by 50% in H1 2024, Gears Up for Series B Funding Round
Uzum Reports 50% Net Income Growth in H1 2024 and Plans Series B Funding Round Uzum, a leading digital services ecosystem in Uzbekistan, has announced its performance highlights for the six months ending June 30, 2024. Key Operating and Financial…
Lincoln Private Market Index Rises in Q2, But Private Company Earnings Growth Decelerates
The Lincoln Private Market Index (LPMI), the sole index tracking the enterprise value of U.S. privately held companies, climbed 1.9% in the second quarter of 2024, reaching a new peak. This growth, as with most periods since the index’s launch,…
Stronghold Becomes a Nacha Preferred Partner
tronghold, a leading fintech company, has joined Nacha’s Preferred Partner Program, marking a significant step in its commitment to enhancing digital payments. As part of this prestigious program, Stronghold will collaborate with Nacha to offer innovative solutions that improve the…
L4CP: New Debt Advisory Platform Launched by Private Credit Investors
Lane Four Capital Partners, LLC (L4CP), an independent debt capital markets advisory firm, was established on August 1, 2024, by private credit investors Rob Chuchla and Robert Buckwalter. L4CP acts as an outsourced director of capital markets for its clients,…
Russell Investments Introduces Global Equity ETF Series
Russell Investments Canada Limited (Russell Investments) has announced the launch of the Russell Investments Global Equity Pool ETF Series, set to begin trading on the Toronto Stock Exchange (TSX) under the ticker symbol RIGE on August 9, 2024. This new…
Firstcard, a Top Credit-Building Platform, Rebrands and Expands Services to Immigrant and Underserved Credit Markets
Firstcard Expands Credit-Building Services to Immigrants and Underserved Communities, Unveils New Brand Identity Firstcard, a leading credit-building platform, has announced its expansion into new markets to support a broader range of communities in building credit. Originally focused on helping college…
Pulse® Study Reveals Growing Importance of Debit for Consumers
U.S. consumers are increasingly relying on debit cards for more transactions and higher spending, according to the 2024 PULSE Debit Issuer Study. This study, commissioned by Discover® Financial Services’ PULSE debit network and conducted by Banking & Payments Group, highlights…
Rand Capital Announces 18% Growth in Q2 2024 Total Investment Income
Rand Capital Corporation (Nasdaq: RAND) (“Rand” or “the Company”), a business development company providing alternative financing for lower middle market companies, announced its results for the second quarter ended June 30, 2024. Daniel P. Penberthy, President and Chief Executive Officer…
EarnIn Introduces $2.99 Expedited Earned Wage Access Transfers
EarnIn, a pioneer in Earned Wage Access (EWA) or on-demand pay, announced today the launch of $2.99 expedited transfers, known as Lightning Speed, positioning itself as a leader in low-cost EWA solutions. This new, affordable transfer option is available to…
O2 Investment Partners Appoints Saif Khan
O2 Investment Partners (www.o2investment.com) announced today the appointment of Saif Khan as the firm’s newest Associate. Luke Plumpton, Managing Partner, expressed enthusiasm about the addition, stating, “The firm is excited to welcome Saif to the team. He brings valuable transaction…
NCR Voyix Agrees to Sell Digital Banking Division to Veritas Capital for $2.45 Billion
a global leader in digital commerce solutions, announced today that it has signed a definitive agreement to sell its cloud-based digital banking business to an affiliate of Veritas Capital (“Veritas”) for $2.45 billion in cash, with an additional contingent consideration…
Zafin and 10x Banking Partner Globally to Streamline and Speed Up Core Banking System Transformations
Zafin, a leading provider of SaaS solutions for core modernization and transformation, has joined forces with 10x Banking, a cutting-edge cloud-native core banking platform. This strategic global collaboration aims to drive innovation in the banking sector by offering an integrated…