Emergence Capital

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...

TriaGen Wealth Management | May 27, 2020

TriaGen Wealth Management today announces the launch of its registered investment adviser. TriaGen offers a range of professional advice spanning financial planning and portfolio management. Business owners, executives and families. Read More

FINANCIAL MANAGEMENT

Wells Fargo and HSBC Holdings plc | November 18, 2022

Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced that the blockchain-based solution they are using for bilateral FX settlements is expanding to include the offshore yuan (CNH). The offshore yuan marks the fifth currency to be settled between the two banks using a shared settlement ledger that currently encompasses the U.S. dollar, Canadian dollar, British pound sterling, and the euro. Since launching the shared DLT solution in December 2021, HSBC and Wells Fargo have settl...

Cision PR Newswire | August 05, 2020

Patra, a leading provider of technology-enabled solutions for the insurance industry, received a strategic investment from SkyKnight Capital ("SkyKnight"), a San Francisco based private equity firm, and other investors. The SkyKnight investment, which closed in late 2019, will help support Patra as it continues its rapid growth, arising from the market's increasing need for technology-enabled services that bring efficiencies to insurance processing and workflows. The investment in ...