The Citco Group Limited

EVO Payments | April 01, 2020

US merchant acquirer EVO Payments has secured a $150 million equity injection to help it navigate through the Coronavirus pandemic. The investment came from funds associated with long-term partner Madison Dearborn, a private equity firm that has been a significant shareholder of the company since 2012. The proceeds will be used the strengthen EVO's balance sheet, pay down debt and to fund potential future investment opportunities. In a statement, the firm says: "EVO is closely monitorin...

BITCOIN AND CRYPTO

Classy | June 20, 2022

Today, Classy, an online fundraising platform that provides easy and intuitive technology for nonprofits, announces the launch of Crypto Giving. Through an integration with Coinbase Commerce, nonprofit organizations on Classy's platform can receive donations for multiple types of cryptocurrency, as easily as they can accept donations through credit cards, ACH, PayPal or Venmo. Classy's Crypto Giving product allows nonprofits to tap into a new cohort of philanthropic suppor...

INVESTMENTS

Prometheus | June 15, 2022

Prometheus Alternative Investments, Inc., a premier fintech social marketplace and investment opportunities provider, has announced the launch of a new digital fund marketplace and social network focused on alternative investment funds. Based in Los Angeles, California, Prometheus was founded by hedge fund professionals. As a platform, it enables investors of all kinds to connect with well-known investment professionals through a built-in social network. The platform is democratiz...

FINTECH

HES FinTech, Ondato | March 24, 2021

Ondato and HES FinTech, two major technology providers, formed a strategic alliance today to achieve synergy in assisting financial institutions on their digital transformation journey. These tech giants' collaboration would benefit their clients and the software industry as a whole: • HES and Ondato are part of a one-stop-shop trend: banks and fintechs can now combine compliance monitoring and configurable loan origination tools quickly and easily. • The allia...