California Financial Services

For 28 years, California Financial Services (CFS) has its mission philosophy that a financial advisor should understand the business of planning, funding and constructing schools.

Related News

FINTECH

CURRENCYCLOUD WILL BE ACQUIRED BY VISA

Visa, Currencycloud | July 23, 2021

news image

Visa announced today that it has entered into a definitive agreement to purchase Currencycloud, a worldwide platform that enables banks and fintechs to provide innovative foreign currency solutions for cross-border payments. Currencycloud is valued at £700 million, including cash and retention incentives, as part of the acquisition, which builds on the two firms' existing strategic cooperation. The financial consideration will be decreased by Visa's existing ownership of Currencycl...

Read More

SOFTBANK LEADS $265 MILLION INVESTMENTS IN TWO U.S.-BASED START-UPS

SoftBank | February 24, 2020

news image

SoftBank on Monday led a new funding round of $165 million in California-based Karius and invested $100 million in New York-headquartered AI company Behavox, as the technology giant builds a portfolio under its second Vision Fund. The two deals come at a time of intense investor scrutiny into SoftBank’s investments. The Japanese company earlier this month reported a second straight quarter of losses at its first Vision Fund, pushing Chief Executive Officer Masayoshi Son to scale back his s...

Read More

FINTECH START-UP TRANSFERWISE TO OFFER RETAIL INVESTMENT SERVICES TO CLIENTS IN 12 MONTHS

TransferWise | June 30, 2020

news image

Financial technology firm TransferWise has obtained a license from the U.K. markets watchdog to offer retail investment services to clients. The London-based firm started life as a means of sending money internationally online. In 2018, it made a deeper push into banking by offering a “borderless” multi-currency account tied to a debit card. Users have so far deposited £2 billion ($2.5 billion) with the account. Now, TransferWise plans to launch a service that let...

Read More

FINTECH

TREASURY PRIME BAAS PARTNERSHIP WITH PIERMONT BANK BUILDS MOMENTUM WITH OVER 30 FINTECH COMPANIES SIGNED

Treasury Prime | October 22, 2021

news image

Treasury Prime, the leading Banking as a Service (BaaS) company, today announced that since launching their partnership with Piermont Bank, a tech-enabled digital commercial bank, they have closed partnerships with over 30 fintech companies, including: Mythia, debit card for gamers (Read the case study) Tuvoli, a platform for the private air charter industry, (Read the case study) Wagestream, the financial well-being app for people in w...

Read More
news image

FINTECH

CURRENCYCLOUD WILL BE ACQUIRED BY VISA

Visa, Currencycloud | July 23, 2021

Visa announced today that it has entered into a definitive agreement to purchase Currencycloud, a worldwide platform that enables banks and fintechs to provide innovative foreign currency solutions for cross-border payments. Currencycloud is valued at £700 million, including cash and retention incentives, as part of the acquisition, which builds on the two firms' existing strategic cooperation. The financial consideration will be decreased by Visa's existing ownership of Currencycl...

Read More
news image

SOFTBANK LEADS $265 MILLION INVESTMENTS IN TWO U.S.-BASED START-UPS

SoftBank | February 24, 2020

SoftBank on Monday led a new funding round of $165 million in California-based Karius and invested $100 million in New York-headquartered AI company Behavox, as the technology giant builds a portfolio under its second Vision Fund. The two deals come at a time of intense investor scrutiny into SoftBank’s investments. The Japanese company earlier this month reported a second straight quarter of losses at its first Vision Fund, pushing Chief Executive Officer Masayoshi Son to scale back his s...

Read More
news image

FINTECH START-UP TRANSFERWISE TO OFFER RETAIL INVESTMENT SERVICES TO CLIENTS IN 12 MONTHS

TransferWise | June 30, 2020

Financial technology firm TransferWise has obtained a license from the U.K. markets watchdog to offer retail investment services to clients. The London-based firm started life as a means of sending money internationally online. In 2018, it made a deeper push into banking by offering a “borderless” multi-currency account tied to a debit card. Users have so far deposited £2 billion ($2.5 billion) with the account. Now, TransferWise plans to launch a service that let...

Read More
news image

FINTECH

TREASURY PRIME BAAS PARTNERSHIP WITH PIERMONT BANK BUILDS MOMENTUM WITH OVER 30 FINTECH COMPANIES SIGNED

Treasury Prime | October 22, 2021

Treasury Prime, the leading Banking as a Service (BaaS) company, today announced that since launching their partnership with Piermont Bank, a tech-enabled digital commercial bank, they have closed partnerships with over 30 fintech companies, including: Mythia, debit card for gamers (Read the case study) Tuvoli, a platform for the private air charter industry, (Read the case study) Wagestream, the financial well-being app for people in w...

Read More