Fintech

Charlesbank Named to GrowthCap’s “Top Growth Equity Firms of 2023”

Retrieved on: 
Wednesday, February 28, 2024

BOSTON, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm based in Boston and New York, is pleased to announce that it has been named to GrowthCap’s “Top Growth Equity Firms of 2023.” In its 10th year, the list honors firms that have demonstrated excellence in growth equity investing, specifically recognizing Charlesbank’s Technology Opportunities Fund (“TOF”), which focuses on lower middle-market technology investments.

Key Points: 
  • BOSTON, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm based in Boston and New York, is pleased to announce that it has been named to GrowthCap’s “Top Growth Equity Firms of 2023.” In its 10th year, the list honors firms that have demonstrated excellence in growth equity investing, specifically recognizing Charlesbank’s Technology Opportunities Fund (“TOF”), which focuses on lower middle-market technology investments.
  • Charlesbank’s Technology Opportunities Fund was established in 2018 with a dedicated team that is fully integrated into the overall Charlesbank platform, benefitting from the broader firm’s resources and networks to unlock differentiated sourcing opportunities and drive value creation.
  • The TOF strategy is hyperspecialized in six subsectors: cloud computing, cybersecurity, healthcare IT, fintech, infrastructure software, and application software.
  • “We are honored to be recognized by GrowthCap as a top growth equity firm for our ongoing commitment to supporting founders and management teams looking to transform their companies into market leaders,” said Managing Director Hiren Mankodi.

Oportun to Report Fourth Quarter 2023 Financial Results on Tuesday, March 12, 2024

Retrieved on: 
Wednesday, February 28, 2024

SAN CARLOS, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, will release financial results for its fourth quarter 2023 on Tuesday, March 12, 2024, after market close.

Key Points: 
  • SAN CARLOS, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, will release financial results for its fourth quarter 2023 on Tuesday, March 12, 2024, after market close.
  • Oportun will host a conference call and earnings webcast to discuss results on Tuesday, March 12, 2024, at 5:00 pm ET / 2:00 pm PT.
  • A live webcast of the call will be accessible from Oportun’s investor relations website at investor.oportun.com , and a webcast replay of the call will be available for one year.
  • The dial-in number for the conference call is 1-866-604-1698 (toll-free) or 1-201-389-0844 (international).

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Future FinTech Group Inc. (FTFT)

Retrieved on: 
Wednesday, February 28, 2024

LOS ANGELES, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming March 18, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Future FinTech Group Inc. (“Future FinTech” or the “Company”) (NASDAQ: FTFT ) securities between March 10, 2020 through January 11, 2024, inclusive (the “Class Period”).

Key Points: 
  • LOS ANGELES, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming March 18, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Future FinTech Group Inc. (“Future FinTech” or the “Company”) (NASDAQ: FTFT ) securities between March 10, 2020 through January 11, 2024, inclusive (the “Class Period”).
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • If you purchased or otherwise acquired Future FinTech securities during the Class Period, you may move the Court no later than March 18, 2024 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Climate First Bank Celebrates Breakthrough Year Surpassing $540 Million in Assets

Retrieved on: 
Wednesday, February 28, 2024

The values-based, community-driven bank surpassed $540 million in assets in the last year, making a substantial impact on the banking industry and the environment.

Key Points: 
  • The values-based, community-driven bank surpassed $540 million in assets in the last year, making a substantial impact on the banking industry and the environment.
  • Our mission is to make sustainable finance accessible to everyone," said Ken LaRoe, CEO and Founder of Climate First Bank.
  • Financial and Operational Business Highlights:
    Team Growth – Climate First Bank added experienced team members across the organization, growing to 74 total members.
  • Digital Branch – Climate First Bank invested in its digital-first approach, adding 742 new digital customer accounts, with strong deposit balances of over $44 million.

Norton Rose Fulbright establishes Artificial Intelligence practice and leadership

Retrieved on: 
Tuesday, February 27, 2024

Houston, TX, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Global law firm Norton Rose Fulbright today announced the formalization of its Artificial Intelligence (AI) practice team in the United States.

Key Points: 
  • Houston, TX, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Global law firm Norton Rose Fulbright today announced the formalization of its Artificial Intelligence (AI) practice team in the United States.
  • The AI team will continue to provide practical legal advice from Chambers- and Legal 500-ranked lawyers with deep technology and subject matter knowledge.
  • These lawyers practice in areas that include regulatory, intellectual property, outsourcing and technology, cybersecurity and privacy and FinTech, among others.
  • Norton Rose Fulbright provides a full scope of legal services to the world’s preeminent corporations and financial institutions.

AgencyBloc Honored as a Top 20 Insurtech Pioneer

Retrieved on: 
Tuesday, February 27, 2024

CEDAR FALLS, Iowa, Feb. 27, 2024 (GLOBE NEWSWIRE) -- AgencyBloc , provider of growth-focused insurtech solutions catering to the health, senior, and benefits industries, has been honored as a top 20 insurtech pioneer by Enterprise Viewpoint .

Key Points: 
  • CEDAR FALLS, Iowa, Feb. 27, 2024 (GLOBE NEWSWIRE) -- AgencyBloc , provider of growth-focused insurtech solutions catering to the health, senior, and benefits industries, has been honored as a top 20 insurtech pioneer by Enterprise Viewpoint .
  • Enterprise Viewpoint's comprehensive evaluation process considers factors, such as innovation, impact, and industry leadership.
  • AgencyBloc is a standout insurtech player in these categories.
  • “We are incredibly honored to be recognized among the top 20 insurtech pioneers," expressed Tim Robinson, CEO at AgencyBloc .

Enzo Villani, Veteran Fintech Entrepreneur, Joins MarketMind as Chairman and Co-Founder

Retrieved on: 
Tuesday, February 27, 2024

MarketMind is a generative AI-based investor relations platform for public companies as well as Reg A and crowdfunded ventures.

Key Points: 
  • MarketMind is a generative AI-based investor relations platform for public companies as well as Reg A and crowdfunded ventures.
  • Retail investors, fund managers and investment advisors are increasingly using AI algorithms and AI-generated content to make investment decisions.
  • Jeff Maser , Co-Founder and CEO, MarketMind, said, “Many technology platforms exist for identifying and soliciting institutional investors, family offices and other large investors.
  • GDA Capital, a Toronto-based boutique investment and advisory firm that specializes in fintech and digital assets, assisted with the transaction.

CompoSecure Chief Product and Innovation Officer to Speak on Digital Transformation for Financial Institutions at Finovate Europe 2024

Retrieved on: 
Tuesday, February 27, 2024

LONDON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced that Dr. Adam Lowe, Chief Product and Innovation Officer, will speak on a panel at Finovate Europe 2024 in London on February 28 at 9:40 am GMT.

Key Points: 
  • LONDON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced that Dr. Adam Lowe, Chief Product and Innovation Officer, will speak on a panel at Finovate Europe 2024 in London on February 28 at 9:40 am GMT.
  • Finovate brings together financial institutions, fintech startups and industry experts to explore the latest trends and innovations in the financial technology sector.
  • The panel, titled " Power Panel: Finding New Opportunities Through Digital Transformation ," will discuss innovative approaches and embedded solutions to digital payment security that will help financial institutions grow and future-proof their business without changing customer behavior.
  • "Digital transformation is the single most significant trend in banking being fueled by the dramatic rise in cybersecurity threats and growing demand for convenient and secure digital services,” said Lowe.

DEADLINE ALERT for MBLY, FTFT, BIVI, and BTI: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Tuesday, February 27, 2024

LOS ANGELES, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • LOS ANGELES, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected] .
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
  • The Law Offices of Frank R. Cruz, Los Angeles

Zapp EV Reports Fiscal Year 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024

LONDON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today reported financial results for the fiscal year ended September 30, 2023.

Key Points: 
  • LONDON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today reported financial results for the fiscal year ended September 30, 2023.
  • 2023 results reflected primarily other expenses of $213.7 million, which related to the business combination completed in April 2023.
  • Swin Chatsuwan, Founder and Chief Executive Officer of Zapp EV, said: “We’ve taken a well-researched approach from day one and the start of production is a major tipping point for Zapp.
  • Zapp uses this website as a means for complying with its disclosure obligations.