McNally Capital

Funding

KodyPay | July 13, 2021

KodyPay, a rapidly expanding payments Fintech that works with Visa, MasterCard, and IBM, recently raised an additional $3.25 million. The funding round was oversubscribed, involving all of the major shareholders as well as additional high-profile investors, bringing the total raised to US$6 million in less than a year. Hank Uberoi (Former Executive Chairman/CEO, Earthport PLC), Paul Rippon (Co-Founder, Monzo Bank), Adam Knight (Chairman, CoinFloor and BeZero Carbon), Alok Sama (Former President ...

Wall Street | February 04, 2020

The Nasdaq hit a record high on Tuesday and the S&P 500 headed for its biggest one-day gain in about six months as fears of a heavy economic impact from the coronavirus outbreak waned after China’s central bank intervened. The Dow was on pace for its biggest single-day rise in about eight months, as the stock market recovered from steep losses in the prior week. The People’s Bank of China (PBOC) injected a total of 1.7 trillion yuan ($242.74 billion) through reverse repos on Mond...

Trading Systems

Broadridge, Itiviti | May 13, 2021

Broadridge Financial Solutions, Inc., a global Fintech pioneer, has completed the previously planned acquisition of Itiviti Holding AB, a leading supplier of capital markets exchange and networking technology. Broadridge's status as a global Fintech pioneer is strengthened by the deal, as is Broadridge's Capital Markets franchise. It expands Broadridge's market-leading back office capability into the front office and deepens its multi-asset class strategies, allowing the firm to furt...

Financial Management, Investments

PR Newswire | August 10, 2023

Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., has developed and launched an Engagement AI Model via its AI Predictive Modeling solution. The new model—the first of its kind in the industry—combines artificial intelligence (AI), machine learning (ML), and Alkami's proprietary Key Lifestyle Indicators® (KLIs) empowering financial institutions to identify account...