iMotorbike Raises RM12mil in Series A Round, accelerating preowned motorcycles trading
iMotorbike, Southeast Asia’s pioneer e-commerce platform for buying and selling preowned motorcycles, today announced that it has raised RM12 million (US$2.6 million) (US$1 = RM4.6125) in its Series A funding round led by Gobi Partners and Ondine Capital. The funding round saw returning participation from Penjana Kapital, The Hive Southeast Asia, 500 Global, SOSV’s Orbit […]
Viamericas and Banco GyT collaborate to support Viamistad in Guatemala
Viamericas Corporation, a licensed, international remittance company, has recently launched their Viamistad campaign with Banco GyT, a Guatemalan financial organization, to raise money for people with severe disabilities to attend the educational and recreational camps of Viamistad in Guatemala. With every money transfer made to Guatemala through Viamericas and Banco GyT, the two companies will donate a portion […]
Simplify announces the launch of Opportunistic Income ETF (CRDT)
Simplify Asset Management (“Simplify”), an innovative provider of Exchange Traded Funds (“ETFs”), yesterday announced the launch of the Simplify Opportunistic Income ETF (NYSE Arca: CRDT). The Fund is built around an actively managed, opportunistic credit strategy that focuses on security selection within the high yield, investment grade, and distressed debt universes. CRDT is sub-advised by Asterozoa Capital […]
Palm Tree LLC appoints Derek Alderton as the new Vice Chairman
Palm Tree LLC (“Palm Tree”), the modern M&A advisor that provides integrated investment banking, transaction support, and strategic finance services for private equity firms and businesses worldwide, yesterday announced the appointment of Derek J. Alderton to the newly created role of Vice Chairman. Mr. Alderton was an early investor in Palm Tree, has been a trusted strategic advisor […]
John B. Berding elected as President of American Financial Group
American Financial Group, Inc. (NYSE: AFG) announced yesterday that John B. Berding has been elected President of AFG, effective immediately. Mr. Berding will continue to serve as President of American Money Management Corporation (“AMMC”), AFG’s subsidiary providing investment management services to AFG, its insurance subsidiaries and certain third-party investment entities, in addition to his new […]
Audax Private Debt participates in the iCapital Marketplace
Audax Private Debt (“Audax”), a leading provider of financing solutions for middle market private equity sponsors, announced yesterday the firm’s participation in the iCapital Marketplace, a platform launched by iCapital in June that connects financial advisors and their clients with a broad array of alternative investment offerings from select asset managers. iCapital Marketplace provides an […]
Belvo and FICO partner to augment credit access in Brazil
FICO, a global analytic software company and recognized leader in AI decisioning platforms, and Belvo, the leading open finance data and payments platform in Latin America, yesterday announced a strategic partnership aimed at expanding credit access in Latin America. The two firms are developing an interpretable and explainable machine learning model that will provide a […]
Mascoma Bank collaborates with VSoft to implement its OnView Deposit Suite
VSoft Corporation, a global leader in providing information and technology solutions for financial institutions, announced yesterday that Mascoma Bank has chosen to implement the company’s OnView Deposit product suite, which includes its Teller Deposit, Branch Deposit, and ATM Deposit solutions. Founded in 1899 by community members aiming to establish a healthy local economy, Mascoma Bank is an […]
CrossFirst Bank announces appointment of Brendon Maguffee as Market President
CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc. (NASDAQ: CFB), announced that Brendon Maguffee has joined the Bank as the Market President in Tulsa, Oklahoma. “Brendon’s experience and trusted reputation in banking makes him the perfect candidate to spearhead our continued growth in Tulsa,” commented Steve Foskin, Regional President of CrossFirst Bank’s Oklahoma and Southern Kansas […]
Eutelsat collaborates with du to drive broadcast services in MENA
Eutelsat Communications (Euronext Paris: ETL) announced its partnership with du, Emirates Integrated Telecommunications Company (EITC), to upgrade its Direct-to-Home satellite services across the Middle East and North Africa (MENA) region. With this partnership, du is increasing capacity at the 7/8° West orbital position, enabling its media customers to seamlessly deliver high-definition content to viewers, with […]
