moneycorp

Provident Financial Services | March 12, 2020

Provident Financial Services, Inc. (NYSE: PFS), the parent company of Provident Bank, and SB One Bancorp (NASDAQ: SBBX), the parent company of SB One Bank, today announced that they have entered into a definitive merger agreement under which Provident will acquire SB One. The combined organization will have approximately $12 billion in assets and will rank as the 3rd largest bank headquartered in New Jersey. The merger brings together two high-performing companies with complementary geogra...

Payments

Mogo, Carta Worldwide | February 22, 2021

Mogo Inc. a popular digital payments and financial technology company has announced its expansion. The expansion is going to take place of its wholly-owned subsidiary, Carta Worldwide (“Carta”), which is a modern card issuing platform in the U.S. – the world’s largest payments market. In this, Carta will commence deploying innovative card products for its initial group of clients in Q1 2021. By doing this, it can expect to further expand its customer base of banks and fin...

Financial Management

BlackRock, Inc. | January 15, 2024

BlackRock, Inc. and Global Infrastructure Partners a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for BlackRock to acquire GIP for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock. A $1 trillion market today, infrastructure is forecast to be one of the fastest growing segments of private markets in the years ahead. A number of long-term structural trends support a...

Financial Management

Quavo, Inc | December 02, 2021

Today, FinTech provider Quavo Fraud & Disputes announced the company completed a Series A financing round led by FINTOP Capital. The Series A completion is a testament to Quavo's recent and potential growth as the world's only provider of fully automated, cloud-based fraud and dispute management SaaS offerings for issuers. Quavo's chargeback management offering for issuing FinTechs and financial institutions is unique in requiring zero upfront implementation costs ...