Vennex Capital (Zambia)

Fiserv | March 03, 2020

Fiserv has acquired MerchantPro Express as part of the fintech giant's strategy to build up its merchant services business. Financial terms of the deal were not disclosed. A Fiserv distribution partner since 2009, MerchantPro Express provides processing services, POS equipment and merchant cash advances to firms across the US. Fiserv says the acquisition will boost its merchant services business and partner-based distribution, complementing its CoPilot, CardPointe and Clover payment technolo...

JPMorgan, Goldman Sachs | February 20, 2020

Goldman Sachs, JPMorgan and Jane Street Capital are the latest Wall Street heavyweights to back a new equities exchange hoping to take on Nyse, Nasdaq and Cboe Global Markets. The three firms have led a new round of strategic financing for Members Exchange (MEMX), which plans to launch this summer. They join Bank of America Merrill Lynch, Charles Schwab, Citadel Securities, TD Ameritrade, UBS and Virtu Financial, which have all been onboard with the venture since early last year. MEMX is vowing ...

PAYMENTS

Myver | November 27, 2020

Anybody can give an advanced receipt – yet what happens a short time later is totally covered by the Myver™ patent. Myver was encouraged to give a progressive and completely automated corporate expense management system. The new idea is something beyond the next generation frictionless expense handling, and has as of late secured US patent protection (No. 10,515,420). The patent gives Myver the sole option to handle and deal with computerized receipts (likewise message...

FINTECH

Jeeves | November 29, 2021

Mexico is one of the fastest-growing economies in the world, yet its local businesses still struggle to access credit without exorbitant fees and tedious paperwork. Mastercard, the world's leading payments company, and Jeeves, the preferred financial partner for Mexican businesses, have partnered together to solve this issue by launching the first physical card that allows companies to pay in any local currency from all countries Mastercard currently operates. Th...