Exit Realty Consultants

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 ...

Ally, CardWorks | February 19, 2020

Ally Financial has struck a $2.65 billion deal to buy CardWorks, enabling it to enter the credit card and merchant acquiring sectors. Ally will pay $1.35 billion in cash and $1.3 billion in stock for CardWorks, a non-prime credit card and consumer finance lender with $4.7 billion in assets and $2.9 billion in deposits. Ally began life as an auto financing outfit before diversifying to offer online banking, mortgage lending and investment-advisory services. The CardWorks acquisition helps to expa...

Financial Management

SellersFunding, Walmart | January 20, 2021

SellersFunding, a worldwide fintech pioneer giving funding solutions to eCommerce businesses, declared the contribution of its full line of financial tools to venders on the Walmart marketplace. Walmart venders would now be able to exploit up to $1 million in working capital, day by day advances to control income and a computerized wallet to smooth out installments to providers around the planet. Walmart has become the second biggest eCommerce marketplace in the US, after Amazon. ...

Payments

OwlTing Group | May 11, 2022

OwlTing Group, a global blockchain services company, today announced a partnership with Nium, the global platform for modern money movement, to power OwlPay, OwlTing's new real-time cross-border payments service for e-commerce and travel platforms in Southeast Asia. OwlPay provides a one-stop financial services integration service for global B2B transactions. The new service covers automatic reconciliation, online currency swaps, and cross-border payment services, to streamlin...