Three Firms Excluded From Norweigian Sovereign Wealth Fund over Human Rights Violations
Mivne Real Estate, Shapir Engineering and Industry, and Honeys Holdings have been added to the list of companies excluded from Norway's sovereign wealth fund....
IRS Extends Child Tax Credit to Non-Filers, Low-Income Families
The Internal Revenue Services (IRS) announced Monday, June 14, 2021, that it is extending its child tax credit program to parents and low-income households...
Oyen Digital Pet Healthcare Insurer Secures RM1.7 Million Seed Funding
Oyen, a Malaysia-based digital pet healthcare insurance company, has secured RM1.7 million in a seed funding round led by Hustle Fund. Other global investors...
FamPay Indian Fintech Startup Secured $38 Million In Series A Funding Round
FamPay, a fintech startup based in Bangalore, revealed that the company had secured $38 million in a Series A funding round headed by Elevation...
Cornerstone Home Lending Announces Acquisition of Roscoe State Bank
Cornerstone Home Lending, a residential mortgage lending company based in Houston, is acquiring Roscoe State Bank, situated in Texas.
According to a joint statement, the...
Credit Suisse Loses Top FIG Team
Credit Suisse Group AG has recently lost a top team of financial services bankers (FIG bankers) to a major competitor in Jeffries Financial Group...
Project44 Gains $202M in Series E Investment Round
Chicago-based supply chain technology provider Project44 successfully raised $202 million in its recent Series E investment round. Following the financing round, the company is...
Construction Industry Fintech gets $30M Tiger Global Investment
Series B funding totaling $30 million has been raised by Briq with Tiger Global as the lead financier. Briq is known for creating a...
ProPublica Report Shows Billionaires Paid Low Tax Rates
ProPublica published a report dated Tuesday, June 8, 2021, revealing that the most prominent billionaires in the world paid little to no taxes in...
S&P Global Report $8B Loss for GMIs
According to S&P Global Ratings’ recent report, global multiline insurers have lost US$8 billion in 2020 as a result of the COVID-19 pandemic.
S&P Global...
Alibaba Invests $400M to Grow Vietnam’s Retail Arm Masan
Chinese e-commerce giant Alibaba Group and Baring Private Equity Asia, a private equity firm, announced Tuesday, May 18, 2021, that it will be heading...
New Monthly Child Tax Credit Start Soon
Starting July 15 United States families can expect to start receiving monthly child tax credit payments. These advanced payments from the IRS will be...
Funding Circle Partners With Atom For Lending to SMBs in the UK
According to a press release, Funding Circle, an online business loan provider in the U.K., will partner with Atom, a UK-based digital bank, for...
Singapore Safe Haven for Billionaire’s In Asia
Singapore is the preferred place for Asia’s billionaires to stay in light of the different issues faced by different countries in Asia, reported Bloomberg....
PAG Investments Rebrands as Northpath Investments
PAG Investments, a property investment company, based in the United States, renamed Northpath Investments based on reports on May 11, 2020.
The rebranding relates to...
DIFC FinTech Accelerator Will Fund More FinTechs in 2021
With a modern interactive format for its widely known Fintech Accelerator initiative, the Middle East, Africa, and South Asia (MEASA)-based new fintech startup DIFC...
Tractor Supply, Citi Renew Partnership for a Multi-Year Deal
Tractor Supply Company and Citi Retail Services inked a deal last Monday, May 24, 2021, that they will be embarking on a continued partnership...
USDA to Offer Debt Forgiveness to Minority Farmers
In a historic move, the United States Department of Agriculture (USDA) will start paying off agricultural loans given to minority farmers, reported The Washington...
Sovereign Wealth Funds Sees Boost in Tech, Climate Investments
A report released by the International Forum of Sovereign Wealth Funds (IFSWF) on Tuesday, May 11, 2021, revealed that more sovereign funds are investing...
Super League Shows Interest in Investing in Soccer
Super League, the European Team's biggest team, has been making controversial news in recent days. However, one money manager who owns soccer clubs believes...
AIG Profits Outperform Expectations Of General Insurance And Retirement Returns
On May 7, 2021, AIG tops the first-quarter revenue target. Good results in its insurance policies and life and retirement divisions offset the impact...
Fintech Lender Amartha Gains $28M in Funding from WWB II
Indonesia-based financial technology peer-to-peer (P2P) lending platform Amartha successfully secured a $28 million funding. The investment round was led by Women’s World Banking Capital...
NID Credit Card Receives Questions From the Grand Jury
The Nevada County Grand Jury issued its opinion on an evaluation into charges imposed on credit card and other transaction fees to the Nevada...
Fairway Wholesale Lending Funds AWI Service Dogs For Veterans
A partnership between the American Warrior Initiative (AWI), Fairway Wholesale Lending, and Fairway Independent Mortgage Corporation, aims to gift a service dog for a...
Discord to Integrate with PlayStation Through Sony Partnership
Multinational conglomerate Sony Interactive Entertainment (SIE) recently announced its investment in VoIP platform Discord to provide the chat app’s service to PlayStation, reported Tech...
Greenlight Fintech Raised $260 million in Series D Funding
Greenlight, a children's financial infrastructure startup, revealed on April 27, 2021, that it had secured $260 million in Series D funding.
Andreessen Horowitz led the...
Regulators Oppose Entry of Insurtech Firm Waterdrop
Prior to its release of initial public offerings (IPO), Chinese online insurance firm Waterdrop Inc. is receiving some scrutiny from the China Banking and...
Deserve Releases Digital Credit Card Program
Startup firm Deserve launched its digital-first credit card-as-a-service after a $50 million fund infusion from Goldman Sachs during the Series C round, reported by...
Currencycloud Opens New Headquarters in Singapore
Currencycloud, a London-based fintech firm that provides B2B embedded cross-border payment services, has announced the opening of a new Singapore headquarters.
The new headquarters in...
Stella Insurance Sets Sights On More Female-Centric Products
Australian company Stella Insurance is looking to expand its female-focused offerings by launching coverage for other products said Insurance News. The firm seeks to...