Partnerships
KYN Capital Group, Inc. announces partnership with BW Property Management Group
This partnership could potentially reach over 100,000 homes within 12 months, which immediately impacts the market share currently dominated by Angie, HomeAdvisor, Thumbtack, and other home service platforms. Read More>>
China’s Lufax teams up with Schroders as part of a push into wealth management in Singapore Schroders will bring asset management know-how, while Lu International, or LUI, will bring digital capabilities. Read More>>
Mastercard partners with Instamojo to empower MSMEs and gig workers
Instamojo is a platform that offers small and micro merchants a ready-made virtual platform upon which they can quickly set up an e-commerce business and accept digital payments, following a fast and easy onboarding process.Read More>>
Al Babtain and Kuwait Finance House strengthen partnership
Catering to customers’ growing interests and demands, the new partnership ensures both Nissan Al Babtain and KFH customers are entitled to additional benefits through new leasing solutions available across various models ranging from Nissan Patrol, Nissan X-Terra, Nissan X-Trail, Nissan Altima, and Nissan Kicks. Read More>>
Moneycorp Americas launches cloud API enhancement software to streamline business payments
Through this API integration, financial executives can take their accounting from transactional to strategic by spending less time toggling between programs and more time making financial decisions for their business. Read More>>
Visa partners with Russian bank for facial recognition payments
Customers paying with facial recognition with a linked Visa card in the first four months after the service launch will be given a 20 percent discount on the ordeR. Read More>>
Mergers & Acquisitions
Saudi Group buys Mumzworld in landmark deal led by women
The transaction will provide Mumzworld with the resources and networks to “continue to supercharge our growth” both geographically and in terms of product offerings. Read More>>
JPMorgan Chase invests in NFL owner Robert Kraft’s analytics firm
KAGR, which launched in 2006, was spun off as a standalone company in 2016. It collects a wide array of data—ticketing, concessions, marketing initiatives and more—to analyze fan behavior and help teams and leagues make more strategic decisions to drive more engagement and revenue. Read More>>
Clearlake Capital accelerates deal-making activity
The private equity firm’s merger and acquisition activity has accelerated in recent months as the Covid-19 pandemic has begun to recede in many parts of the country. Read More>>
Visa to buy Tink for USD 2.15 Bn after backing Blockchain Fund with PayPal
Tink is a European open banking platform that provides financial institutions, fintech companies, and retailers. Through its single API, customers can use intelligent financial services like risk insights & account verification, access aggregated financial data, and create personal finance management solutions. Read More>>
Executive Movement
Equifax UK appoints Phil McGilvray as managing director for the firm’s debt services division
An experienced commercial leader with a career of over 20 years focused on the financial services sector, McGilvray will be responsible for managing the growth and development of the Equifax debt services unit in the United Kingdom and Spain. Read More>>
Citi appoints senior trader from Goldman Sachs as director in US high yield trading team
Matt Grosshans spent most of his time at Goldman Sachs in high yield trading, most recently as a senior high yield credit trader. He was previously a structured credit analyst at Goldman Sachs. Read More>>
Anastasia Amoroso joins iCapital Network as chief investment strategist
Amoroso Brings valuable insight into the complexities of alternative investments and reaffirms iCapital’s commitment to providing educational resources to the wealth management industry. Read More>>
Kestra taps Goldman Sachs’ Kara Murphy as first CIO
Murphy, former CIO at Goldman Sachs Personal Financial Management, will be Kestra’s first chief investment officer and will build a team to bring research, investment strategies to its 2,400 financial advisors. Read More>> |
