Blue Ridge Exchange | FX Trading House

PAYMENTS

Goldfinch | March 02, 2022

Goldfinch Partners LLC and The Baupost Group, LLC announce their milestone achievement by closing the Western Union Business Solutions (WUBS) acquisition for $910 million. WUBS will be renamed Convera as a new standalone B2B global payments company. In 2021, it registered beyond 20 percent revenue gain and payments volume of $170 billion. Patrick Gauthier will be serving as Convera’s CEO. About this news, Mr. Gauthier shared his words. He says, “At Convera, our purpose...

CORE BANKING

Mambu | September 29, 2021

ModusBox is pleased to announce its partnership with Mambu - the Global Fintech Platform. The partnership will support the next generation of financial institutions to challenge the status quo. Mambu and ModusBox bring a combination of local and global experiences and assets to the US market. They will continue to expand their collaboration by integrating Mambu into PortX - ModusBox’s integration platform and connectors for financial institutions. Mambu’s SaaS, API-fir...

Tesla | July 06, 2020

Shares of Tesla Inc. charged higher to a fourth-straight record close Monday, after even the most bearish analyst on Wall Street analyst lifted his price target following the electric vehicle maker’s blowout deliveries results. Tesla rival Nio Inc.’s stock NIO, +22.70% also soared, in the wake of the China-based EV maker’s upbeat June sales report. Meanwhile, among other EV makers, shares of Workhorse Group Inc. WKHS, -15.78% pulled back after a record 11-day win streak and Nik...

FINTECH

Quint | June 01, 2021

Global fintech Quint Group is set to join Bruntwood SciTech’s rapidly growing tech community at Glasshouse, Alderley Park. Quint owns and operates a number of fintech businesses which are focused on improving access to credit. The business, which, as well as in the UK, has operations in San Diego, Warsaw, Foshan, Sydney and Cape Town and clients that include major financial services providers like Goldman Sachs, Shawbrook Bank and Admiral, will move its HQ to Glasshouse to s...