Strike Receives BitLicense and Money Transmitter License from NYDFS
Strike, a leading Bitcoin financial services company, recently announced that it has been granted a BitLicense and Money Transmitter License by the New York State Department of Financial Services (NYDFS). The approvals authorize Strike to offer its suite of Bitcoin products and services to individuals and businesses across the state of New York. New York […]
Polestar Secures Equity Financing of USD 400mn
Polestar recently announced a USD 400 million equity investment by Feathertop Funding Limited, a special purpose vehicle consolidated to Sumitomo Mitsui Banking Corporation, and Standard Chartered Bank (Hong Kong) Limited, with USD 200 million each. Concurrent with the purchase, these financial institutions have each entered into a put option arrangement with a wholly-owned subsidiary of […]
Merchants & Marine Bancorp, Inc. Announces Leadership Appointment
Merchants & Marine Bancorp, Inc. and its wholly owned subsidiary Merchants & Marine Bank has announced Board leadership changes following the Company’s 2025 Annual Shareholder Meeting held on Thursday, May 1, 2025. Clayton Legear, who has served as President & Chief Executive Officer of the Company, the Bank, and its Family of Brands since 2019, […]
What Is a Retirement Custodian and Why Do You Need One?
Retirement comes with its own set of decisions and strategies. One of these is the basics of a retirement custodian. Many people are confused about what a custodian does, what it is, and what the advantages are, if any, of using one for retirement funds. In this post, we will answer these questions and discuss what you […]
Exchange Bank Onboards Bahar Ozgur as VP and CRM
Exchange Bank has announced the appointment of Bahar Ozgur as Vice President(VP)and Commercial Relationship Manager(CRM). In this role, Ozgur will focus on strengthening relationships with commercial lending customers while aligning branch and commercial banking efforts to support the Bank’s strategic growth in the North Bay and San Francisco. Ozgur brings extensive experience in commercial banking, […]
The African Energy Finance Summit
The African Energy Finance Summit galvanizes financial support for African energy growth by providing a platform to sign deals and enhance an environment conducive to investment in Africa. Africa’s largest energy event – the African Energy Week (AEW): Invest in African Energy conference – will feature the African Energy Finance Summit during this year’s edition […]
Med-Metrix acquires HBCS
Med-Metrix, LLC, a leading provider of technology-enabled, Revenue Cycle Management (“RCM”) solutions that is backed by A&M Capital Partners (“AMCP”), announced it has acquired Hospital Billing & Collection Service, Ltd (“HBCS”). HBCS is a premier, tech-enabled RCM company that offers a comprehensive suite of RCM solutions. This acquisition significantly bolsters Med-Metrix’s end-to-end RCM offerings with […]
Texas Bay Credit Union partners with Upstart for personal finance
Texas Bay Credit Union, a credit union and community development financial institution (CDFI) serving the greater Houston market, announced yesterday that it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, to provide personal loans to more members. “As a CDFI credit union in the heart of the fastest growing metropolitan area […]
Lending SaaS firm ‘Cloudbankin’ raises USD400K funding from Angel Investors
Cloudbankin, a complete end-to-end digital lending software company headquartered in Chennai, Tamil Nadu, today announced it has successfully raised $400K in funding from Angel investors, Upekkha, SaaS accelerator and fund, and Kube VC – a global venture capital firm. Prominent Fintech angel investors including Mr. Ramanathan RV, CEO at Hyperface, Mr. Mohan Karuppiah, CEO at […]
SkyPoint FCU to launch their Business Banking service in three phases
SkyPoint Federal Credit Union,one of the premier, member-owned financial institution, announces the three-phased launch of their official Business Banking service, complete with a full array of products to meet the wide-ranging needs of businesses. “Our members with businesses have been asking for services specific to operating a business, and we have been discussing the possibilities and […]
