Hong Leong Group

FINTECH

Visa, TransferWise | February 02, 2021

Visa and TransferWise have agreed and announced a global partnership to successfully launch the first use of Visa Cloud Connect. This new launch is for fintech and partners to securely connect Visa's global processing network, VisaNet, through the cloud. The new technology creates a new global agreement between Visa and TransferWise that will allow TransferWise to expand its multi-currency debit cards, mainly in Europe, Asia Pacific, the Middle East, Latin America, the Caribbean, U.K., and U...

FINTECH

Paysafe | August 23, 2021

Paysafe, a leading specialized payments platform, today announced that it has signed a definitive agreement to acquire market-leading German fintech company, viafintech, in an all-cash transaction. viafintech, known under the brands of Barzahlen/viacash and viacash, offers the largest, bank independent, payments infrastructure in the DACH region, allowing a popular alternative to the traditional banking structure. For Paysafe, this latest acquisition not only boosts its growth opportunities in G...

Investing.com | April 06, 2020

Oil markets fell back Monday, as investors reacted with disappointment to the postponement of a meeting of major oil exporters that had been expected to try and balance a flooded market. AT 8:45 AM ET (1245 GMT), U.S. crude futures traded 3.3% lower at $27.38 a barrel, while the international benchmark Brent contract fell 2.5% to $33.26. The meeting was rescheduled over the weekend to Thursday from Monday, amid a war of words between Russia and Saudi Arabia, indicating that bad blood still exist...

FINANCIAL MANAGEMENT

Stifel | June 08, 2022

Stifel Financial Corp. (NYSE: SF) today announced it has signed a definitive agreement to acquire ACXIT Capital Partners, a leading independent corporate finance and financial advisory firm serving European middle-market clients and entrepreneurs. Terms of the transaction were not disclosed. ACXIT Capital Partners, with a team of about 50 professionals, operates primarily out of offices in Frankfurt, Zurich, and Munich. Since its founding in 1999, the firm has successfully complet...