Capital Directors

CORE BANKING

Current | January 04, 2021

Current, a main U.S. challenger bank serving Americans ignored by traditional banks, announced it was the first fintech in the country to get the second round of government stimulus payments. Current got the payments before 9 p.m. ET on Tuesday, less than three hours after the U.S. Treasury announced the funds were being issued, and is making all funds fully accessible to all members promptly, as a component of its mission to improve financial outcomes. "We'...

FINTECH

IDT | January 21, 2022

IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, announced today that it has acquired a majority stake in Sochitel, a global hub and digital distribution platform for mobile top-up, electronic vouchers, and other value transfer services. Headquartered in London and Lagos, Sochitel has a deep footprint across Africa interconnecting Mobile Network Operators, banks, and financial service providers. Sochitel&rsqu...

FINTECH

Astorg, Bridgepoint, Fenergo | May 19, 2021

The acquisition comes after a period of rapid growth for Fenergo, and it will fuel investment in the company's SaaS plan, product line creation, and sustain an expanding team as it enters the next step of growth. Fenergo's award-winning SaaS network, which was established in 2009, offers solutions to the world's biggest and most complex financial institutions, assisting in the battle against financial fraud and improving consumer journeys while being compliant at all t...

Capital Report | June 01, 2020

While it is a cliche to observe that data is the gold of the 21st century, few have considered the role of processing in this metaphor: raw data must be processed to become precious. At the scale of most businesses, the volume of data is too great for human...