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Oaktree and Thomas H. Lee will still have large positions in the company after the planned sales.
February 2 -
Andrew Lo straps sensors to traders and watches how their pulses and body temperatures change when markets dive or trades go bad. The technology could be used elsewhere in a bank to address problems before they escalate.
January 30 -
Nyca is one of the most active venture capital firms in fintech globally and its second fund should give it plenty of dry powder to pursue further deals.
January 30 -
Loyalty programs can be a mixed blessing. When they work as advertised, they can lock in consumers and build relationships; when they fail, they vex shoppers and sour relationships.
January 20 -
Mastercard has announced a partnership with billionaire investor George Soros to work on a for-profit humanitarian project called Humanity Ventures that could bring aid to migrants and refugees around the world.
January 19 -
FIS is forming a network for the inaugural class of its VC Fintech Accelerator program.
January 17 -
Letgo, an online marketplace for buying and selling used goods, said it raised $175 million to invest in growth plans and grab market share from EBay Inc. and Craigslist.
January 17 -
Hong Kong-based OKLink, a blockchain-based digital payments network specializing in international remittances, is now available in Vietnam, the twenty-first country it's reached since launching six months ago.
January 13 -
Kasisto, a provider of chatbots to banks, announced Thursday a $9.2 million Series A funding round led by Propel Venture Partners with participation from Mastercard and Commerce Ventures.
January 12





