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Nymbus | March 31, 2020
Florida-based digital and core banking solution provider Nymbus has launched a new programme to help financial institutions faster process the loans US government is entrusting them to distribute to small businesses as part of its coronavirus relief package. As part of the $2 trillion Coronavirus Aid, Relief and Economic Recovery (CARES) Act, US president Donald Trump has set aside $349 billion for Small Business Administration (SBA) ‘Paycheck Protection’ loans. These are designed to...
FINTECH
CB Insights and WireBarley Corp | October 07, 2022
Cross-border payment solution provider WireBarley Corp. was named a winner of the fifth-annual CB Insights Fintech 250 ranking, a prestigious list of the 250 most promising private fintech companies of the year. WireBarley has been recognized for its achievements in the Mobile Wallets & Remittances section. Among South Korea-based financial services platforms, WireBarley and Toss have been selected as the winners of this year. Established in 2016, WireBarley has...
Mastercard | November 26, 2021
Mastercard (NYSE: MA) today announced it has acquired Arcus FI, an alum of the company’s Start Path program, to help support the delivery of bill pay solutions and other real-time payment applications across Latin America. With offices in New York and Mexico City, Arcus helps to enable bill pay and cash-in, cash-out services for some of the biggest billers, retailers, fintechs and traditional financial institutions in the U.S. and Mexico, with expansion into Latin America. I...
CORE BANKING
CIBC | March 10, 2022
CIBC Innovation Banking is excited to announce that it will finance Dublin-based Phorest Salon Software (“Phorest with $12 million) to accelerate business growth. Phorest Salon Software is a leading online booking and management software provider for salon owners. Phorest will expand its market position and accelerate its strategic products with the help of capital. CIBC Innovation Banking has provided incredible support to our team at Phorest over the ...
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