Dynamic Funds

Reuters | March 23, 2020

U.S. stocks futures pared losses on Monday after the Federal Reserve launched unprecedented measures to support U.S. households and companies, seeking to blunt the economic damage from the coronavrius pandemic. At 8:03 a.m. ET, Dow e-minis 1YMcv1 were down 233 points, or 1.22%. S&P 500 e-minis EScv1 were down 27.5 points, or 1.2% and Nasdaq 100 e-minis NQcv1 were down 53.5 points, or 0.77%....

FINANCIAL MANAGEMENT

Finvasia | December 15, 2021

Finvasia Group today announced the acquisition of Zulu Trade Group, the world’s largest and oldest social network for trading and investing. It’s supremacy as the largest “broker agnostic” social trading platform remains unchallenged even after 14 years of its operations. ZuluTrade has helped over a million investors across more than 100 countries and has traded in excess of USD 2 trillion worth of trades. In addition to ZuluTrade, the deal also includes AA...

CORE BANKING

Five Degrees,Swishfund | May 17, 2021

Five Degrees is excited to introduce Swishfund as the first client on °neo, its latest cloud based central banking network. Fintech Swishfund was created in 2016 and offers direct lending products to SME companies in the Netherlands and the United Kingdom. Swishfund will move its current customer base to °neo in order to concentrate on growing its market. Swishfund CEO Jeroen Sonsma says, "At Swishfund, our goal is to provide business lending products in an extremely ...

FINTECH

Melio | September 15, 2021

Melio, a leading B2B payments platform for small businesses, today announced it has raised an additional $250 million, tripling the company's valuation to $4 billion since January 2021. The capital raised will accelerate the company's expansion through partnerships with leading financial institutions, software providers, and marketplaces interested in enabling B2B payments for their customers. The Series D round, which comes as the company grew its monthly processing volum...