Griffon Capital

Morgan Stanley | April 08, 2020

Australian challenger bank 86 400 has closed a $34 million Series A round, taking total equity capital to $90 million as it aims to build a $2 billion mortgage book. The raise, led by international investment bank Morgan Stanley, is one of the largest Australian fintech Series A rounds to date and includes investment from an Australian superannuation fund, fund managers, high net worth individuals and family offices. To date, 86 400 has more than 170,000 accounts on its platform and sees more th...

FINTECH

Alviere, Currencycloud | April 30, 2021

Alviere, a New York-based embedded finance platform provider, announced today a partnership with Currencycloud, a leading provider of B2B cross-border solutions, to provide multi-currency e-wallet features to its enterprise clients with individual IBANs, enabling customers to pay, store, convert, and receive up to 38 currencies at once. Alviere will be able to give its large corporate clients the opportunity to integrate financial services into their companies and deliver a full r...

FINANCIAL MANAGEMENT, FINTECH

FIS | August 26, 2022

With real-time payments increasing, many countries must either modernize outdated payments infrastructure or build entirely new real-time payments networks to move money faster. In response, FIS® has launched its new central infrastructure payment solution, RealNet™ Central, to help central banks transform their markets to digital-first, real-time payment economies. “The global economy has rapidly shifted toward digital-first mindsets and methods. Whi...

Investing.com | April 02, 2020

Oil markets surged Thursday, amid hopes that the price war between Russia and Saudi Arabia, which has flooded the market with extra supply, may be coming to an end. AT 9:20 AM ET (1320 GMT), U.S. crude futures traded 8.9% higher at $22.12 a barrel, while the international benchmark Brent contract rose 8.5% to $26.84. Global oil prices have fallen by roughly two-thirds this year as the coronavirus has slammed global economies at the same time as the world's two largest exporters, Saudi Arabia...