Hashdex

Fintech

Solvd and Siguler Guff | October 03, 2022

Solvd Inc., a global technology consultancy and software engineering company, today announced that it has secured a majority investment from Siguler Guff & Company, LP (Siguler Guff), a global multi-strategy private markets investment firm with deep experience in the digital product development industry. With Siguler Guff's support, Solvd can continue to expand its distributed development division and will seek to strengthen its advanced capabilities in test automation, application devel...

Financial Management, Fintech

State Street | November 21, 2022

State Street Corporation (NYSE: STT) today announced the launch of the firm’s new peer-to-peer financing platform, Venturi, specifically designed to connect buy-side firms with new sources of liquidity in the global repo space. Venturi, built through a partnership with FinOptSys, a cutting edge FinTech focused on the securities financing market, supports trade negotiations and enhances trade settlement and collateral management, allowing traders to better manage and diversify their counter...

Payments, Blockchain

SGH | June 30, 2022

SMART Global Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH) today announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire Stratus Technologies (“Stratus”), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge. Under the terms of the agreement, SGH will pay $225 million in cash at closing and an earn-out payment of up to $50 million, based...

Payments

SwiftPass, Wallyt, Findora | December 29, 2020

Findora reported today that the organization will coordinate their solutions with SwiftPass, a main mobile payments service provider in Asia, and Wallyt, a Hong Kong based Fintech that gives global mobile payments and open banking solutions. Findora is a blockchain network that use zero-knowledge proof technology to guarantee security for financial transactions while staying auditable. Findora upholds classified exchange processing, verification and asset issuance for any cryptocurrency or finan...