Category: Markets

Alkami Acquires Mantl In $400 Million Deal To Expand Digital Banking Services

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Cloud-based digital banking vendor Alkami has agreed to purchase account opening technology provider Mantl in a $400 million deal. Mantl, founded in 2016, provides digital account opening solutions to community banks and credit… Continue reading Alkami Acquires Mantl In $400 Million Deal To Expand Digital Banking Services

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Lantern Finance Raises $1 Million In Seed Funding

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Lantern Finance has announced the completion of a $1 million seed funding round to accelerate the growth of its next-generation crypto-backed lensing solutions. The company noted that the focus is in the US… Continue reading Lantern Finance Raises $1 Million In Seed Funding

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CFPB Ends Case Against Capital One

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Consumer Financial Protection Bureau (CFPB) has dropped its lawsuit against Capital One. The case, filed in 2017, claimed the bank kept customers from earning over $2 billion in interest. The agency said… Continue reading CFPB Ends Case Against Capital One

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Behavox Acquires Mosaic Smart Data To Enhance Financial Compliance Solutions

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Behavox has acquired Mosaic Smart Data, a company that helps financial firms find useful information in their transaction records. The details of the agreement were not shared. Mosaic Smart Data’s software helps firms… Continue reading Behavox Acquires Mosaic Smart Data To Enhance Financial Compliance Solutions

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Betterment Buys Ellevest’s Automated Investing Business

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Betterment, the largest independent digital investment advisor in the United States, said it has taken over the automated investing business of Ellevest. Ellevest, a company built to help women grow their wealth, will… Continue reading Betterment Buys Ellevest’s Automated Investing Business

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Revolut Hits $60 Billion Valuation Barely Six Months After Crossing $45 Billion

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Revolut has now reached an impressive $60 billion valuation. This feat has led to an increase in the demand for the sale of secondary shares from investors. As new investors try to find… Continue reading Revolut Hits $60 Billion Valuation Barely Six Months After Crossing $45 Billion

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ASIC Intensifies Efforts To Combat Fraudulent Investment Websites

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Australian financial market watchdog is shutting down fraudulent investment websites at a rate of 130 per week. The Australian Securities and Investments Commission (ASIC) reported that it had removed 10,240 scam websites.… Continue reading ASIC Intensifies Efforts To Combat Fraudulent Investment Websites

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