Saxo Bank

PAYMENTS

Paystand | July 26, 2021

Paystand, a blockchain-enabled payment network for businesses, announced today a $50 million Series C round of fundraising led by NewView Capital, with participation from SoftBank's Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital. This latest round nearly twice Paystand's previous fundraising and reflects the company's triple-digit growth as it leads the fight for an open commercial finance system. Paystand will invest this new cash in reinventing B2...

Wall Street | April 07, 2020

U.S. stocks are set to push higher at the open Tuesday, continuing Monday’s strong gains, on tentative signs the spread of coronavirus is slowing as well as talk of more funds to support the battered economy. At 7:00 AM ET (1100 GMT), futures for the S&P 500 traded 89 points, or 3.4%, higher, futures for the Nasdaq up 251 points, or 3.1%. The Dow futures contract rose 817 points, or 3.6%. Wall Street closed firmly higher Monday, with all three major cash indices up over 7%, the best se...

CORE BANKING

Jack Henry & Associates | September 23, 2022

Jack Henry™ announced today that Woodsville Guaranty Savings Bank selected Jack Henry to improve efficiencies and user experience for both customers and employees while continuing to provide personal service as the bank grows. Founded in 1889, Woodsville Guaranty Savings Bank has long served small businesses and retail customers in northern New Hampshire. The $630-million-asset bank selected Jack Henry to improve customer experience while increasing its competitive edge with...

Gemspring Capital | July 27, 2020

Gemspring Capital, a middle-market private equity firm, is pleased to announce its acquisition of Cforia Software, LLC (“Cforia”), a leading provider of order-to-cash (OTC) automation software. Based in Westlake Village, CA, Cforia’s OTC automation software platform improves collections and cash management for B2B customers globally. Co-founders Chris Caparon and Dave McIntyre designed the Cforia platform to allow companies to accelerate the conversion of accounts receiv...