Schwab Retirement Plan Services

Payments

Priority Technology Holdings, Inc. Finxera Holdings, Inc. | March 09, 2021

Priority Technology Holdings, Inc., today announced that it merged with Finxera Holdings, Inc. to launch the first Banking as a Service ("BaaS") platforms. They have entered into a definitive agreement to merge where Finxera will operate as a wholly-owned subsidiary of Priority. The transaction platform is expected to start in the third quarter of 2021. Priority Technology Holdings, Inc is a leading payments technology company. Finxera Holdings, Inc. ("Finxera") is a pioneer ...

Core Banking

SMBC Group | August 25, 2022

Sumitomo Mitsui Financial Group, Inc. (SMFG, President and Group CEO Jun Ohta, together with subsidiaries SMBC Group) announced today that it will strengthen its presence in the U.S. with a new digital consumer banking business. Jenius Bank™ will launch and operate as a new division of Manufacturers Bank, a California state-chartered bank that is a wholly-owned subsidiary of SMBC Group. Jenius Bank will launch in the coming months with personal loans and then expand its offe...

Fintech

Ageras Group | February 25, 2021

Ageras Group, also known for its online marketplace as Ageras.com has stood apart from others in helping business owners to save time and money by offering comparable quotes from qualified accountants. Ageras Group is a group of companies. It is backed by Investcorp Technology Partners ("ITP") offering accountancy software solutions to small businesses and finds 73 million more reasons to continue expanding its matchmaking service globally. The Ageras Group is currently ...

Cision PR Newswire | August 19, 2020

Factor, the leader in next-generation solutions for complex legal work at scale, today announced a significant new investment to be provided by Carrick Capital Partners (Carrick), an investment firm focused on software and software-enabled businesses with over $1B in assets under management. As part of the deal, Carrick would be multiplying their original investment to become the majority shareholder of Factor. The deal, expected to close by October 2020, represents one of the biggest net new in...