ABBANK

INVESTMENT MANAGEMENT, INVESTMENTS

Permira and Reorg | August 02, 2022

Permira, the global private equity firm, today announced that funds advised by Permira have agreed to make a strategic investment in Reorg (“Reorg” or the “Company”), a leading global provider of data, analytics and intelligence for the credit markets. As part of the transaction, Warburg Pincus will sell its majority shareholding in Reorg to Permira, and the Reorg team will retain a significant ownership interest. Financial terms of the transaction were not disclosed.
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Welcome Technologies, | May 29, 2020

Welcome Technologies announced the launch of a bank account in partnership with Green Dot Corporation. The account and Visa card, PODERcard, aim to help close the banking gap for immigrants and will be offered first to U.S. Hispanic consumers. ...

BITCOIN AND CRYPTO

KuCoin | May 31, 2022

KuCoin leading global currency exchange, announced a strategic partnership with Pyth network, a cutting-edge Oracle solution developed on the Solana blockchain. Following the partnership, thePyth network will receive prices for trading pairs from KuCoin in real-time. This will bring crypto market prices on chain. As the People‘s Exchange, KuCoin is committed to providing users with a better crypto experience while also joining forces with more organizat...

Revolut | February 05, 2020

When London-based Revolut opens its virtual doors in America this year, it will be the latest European digital bank to challenge incumbent U.S. lending giants after forays by Monzo and N26, but the challenges it faces have not diminished. While the start-ups are experiencing fast growth at home, a crowded market, complex regulatory environment and different customer needs make it hard to stand out in the United States, financial-technology executives, investors and analysts say. Revolut and its ...