Short Term Finance Limited

Payments, Fintech

Marqeta | January 31, 2023

On January 30, 2023, Marqeta, the world's leading modern card issuing platform, announced that it reached an agreement to acquire Power Finance, Inc. ('Power'), a provider of software for managing credit card programs. The transaction is anticipated to close in the first quarter of 2023, subject to the fulfillment of customary closing conditions. Simon Khalaf, the newly-appointed CEO at Marqeta, expressed, "We're thrilled to welcome the Power team and produc...

Core Banking

BlockSpaces | June 24, 2022

On June 23rd, Cogent Bank, a full-service commercial and retail bank, and BlockSpaces, a B2B integration platform that links business applications to blockchain networks, announced their banking partnership. The news was made at the annual conference of the Florida Bankers Association (FBA), which has been operating since 1888 and is one of Florida's oldest trade organizations. Cogent Bank's awareness of the blockchain business, which includes a thorough grasp of the dange...

Cision PR Newswire | October 21, 2020

Global fintech infrastructure platform Nium and Unifimoney, a San Francisco-based neobank, have entered into a partnership that will enhance the outbound money transfer experience for Unifimoney users. The partnership will expand Unifimoney's capabilities, introducing convenient, secure, and real-time[2] global payment capabilities to customers of Unifimoney. While new technological advances and the continuing inefficiencies of traditional banks have given rise to dozens of neobanks, ...

Alphabet, Google | February 04, 2020

Alphabet (NASDAQ:GOOGL) missed on revenue and its stock is paying the price on Tuesday, but the weakness is unlikely too last for long, with several analysts giving the tech giant a thumbs up. The company reported fourth-quarter results that missed revenue estimates, sending its share price 3% down. But the miss was driven by "lower-quality" areas like other bets, RBC said and upgraded its price target on the stock to $1,550 from $1,500. One of the biggest surprises to come out from Go...