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Archive by category Financial

OSL and Solomon Strengthen Partnership to Facilitate Hong Kong’s Innovative Spot Crypto ETFs with In-kind Subscription and Redemption

HONG KONG, April 26, 2024 (Korea Bizwire) – Hong Kong licensed and regulated digital assets exchange platform OSL Digital Securities (“OSL”), alongside its partner versatile securities brokerage Solomon JFZ (Asia) Holdings Limited (“Solomon”), is expanding beyond their existing omnibus brokerage model. This advanced partnership now includes comprehensive advisory and operational support, specifically tailored to facilitate the in-kind subscription and [...]

Deriv Promotes Rakshit Choudhary from COO to co-CEO

Rakshit Choudhary promoted to co-CEO, partnering with Founder and CEO Jean-Yves Sireau Deriv refreshes its leadership model as it gets set to celebrate its 25th anniversary CYBERJAYA, Malaysia, April 26, 2024 (Korea Bizwire) – In a significant move for the online trading company, as it approaches its 25th anniversary, Deriv has announced the promotion of [...]

EMGA Secures US$ 15M Financing for Banco Improsa in Costa Rica

LONDON, Apr. 22 (Korea Bizwire) — Emerging Markets Global Advisory LLP (EMGA), in partnership with Banco Improsa, announces that it has secured a US$15 million line of credit from The Japan International Cooperation Agency (JICA). EMGA’s Head of Investment Banking and Managing Director of EMGA, Sajeev Chakkalakal, stated: “In spite of a challenging global macroeconomic [...]

Pluxee Delivers Strong Performance in the First Half and Raises Fiscal 2024 Organic Revenue Growth and Recurring EBITDA Margin Objectives

First Half Fiscal 2024 Results Issy-les-Moulineaux, France – April 19, 2024 First Half Fiscal 2024 highlights Successful spin-off and listing on Euronext Paris on February 1, 2024 Organic revenue growth of +24% incl. +26% in Q2, reflecting buoyant performance across all regions Strong Recurring EBITDA at €201 million, i.e. +28% organic growth; 34.4% margin at constant rates Net profit of €68 [...]

Duck Creek Hosts Annual One Duck Creek Summit to Build Connection, Belonging and Community

COLUMBIA, S.C., April 17, 2024 (Korea Bizwire) – Today, Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, hosts its One Duck Creek Summit in Columbia, South Carolina, bringing employees together from across the globe. Attendees are recognized for their roles in the many councils and [...]

TokenEx and IXOPAY to Merge, Enabling Merchants to Optimize the Use of Multiple Payment Processors

Payments Optimization Platform for Global Commerce Delivers Omnichannel Tokenization, Payments Orchestration, and Card Lifecycle Management TULSA, Okla. and VIENNA, Austria, April 17, 2024 (Korea Bizwire) – TokenEx, the leading cloud tokenization provider, and IXOPAY, the leading independent payments orchestration platform, today are announcing their definitive agreement to merge, creating a new leader in global payments [...]

Gen II Fund Services Transforms Its Global Service Capabilities with Successful Acquisition of Crestbridge

Gen II Finalizes Acquisition, Expanding Its Private Capital Servicing Capabilities in Key European Jurisdictions. Assets Under Administration Now More Than $1 Trillion NEW YORK and ST. HELIER, Jersey, April 16, 2024 (Korea Bizwire) – Gen II Fund Services (“Gen II”), a leading independent private capital fund administrator, today announced the successful close of the acquisition of Crestbridge, a [...]

MoneyHero Group Hosts Singapore’s Largest Personal Finance Festival for Seventh Straight Year

The iconic annual event, which was held on April 6th and is produced by Seedly, the Company’s market-leading platform in Singapore, drew over 5,000 attendees Featured speakers included: Dr. Tan See Leng, Singapore’s Minister for Manpower and Second Minister for Trade and Industry; Mr. Nelson Neo, Head of Financial Planning Advisory & Head of POSB, DBS [...]

Nasdaq Launches Futures on the OMX Sweden Small Cap 30 ESG Responsible Index™

STOCKHOLM, Sweden, April 10, 2024 (Korea Bizwire) – Nasdaq (Nasdaq: NDAQ) today announced the launch of Nasdaq futures on the OMX Sweden Small Cap 30 ESG Responsible Index™ (Nasdaq: OMXSS30ESG™) (Bloomberg Ticker: OMXSMLGI). With over 300 billion SEK in Assets under Management (AUM) of equity funds in Sweden that track the Swedish small cap market [...]

Verisk Pioneers New Approach to Catastrophe Risk with Release of Next Generation Models

New release provides insurers and reinsurers with tools to make informed decisions and mitigate potential losses effectively JERSEY CITY, N.J., April 08, 2024 (Korea Bizwire) – Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced a monumental leap forward in global catastrophe modeling and risk analysis with the launch of Verisk’s [...]