Workflow
Financial Technology
icon
Search documents
LendingClub to Host and Webcast Investor Day on November 5, 2025
Prnewswire· 2025-10-21 12:05
Core Insights - LendingClub Corporation will host its Investor Day on November 5, 2025, in New York, focusing on strategic direction, growth initiatives, technology, and long-term financial objectives [1][2]. Company Overview - LendingClub is redefining banking by prioritizing member success, utilizing innovative technology to provide a suite of financial products that enhance savings and credit access for over 5 million members [4][5]. - The company emphasizes the importance of credit management, leveraging advanced underwriting models informed by over 150 billion data points from millions of repayment events [5]. Event Details - The Investor Day will feature presentations from the executive leadership team and will be available via live webcast [2][3]. - An archive of the event will be accessible post-event on the company's investor relations website [3].
Finster AI secures $15m funding for New York expansion
Yahoo Finance· 2025-10-21 11:11
Core Insights - Finster AI has secured $15 million in combined Series A and Seed funding to support its expansion and enhance its technology partnerships in the financial sector [1] - The platform is designed to address the unique demands of financial institutions, focusing on secure handling of confidential information and providing accurate, real-time data [2][4] - Finster AI aims to transform workflows in finance from reactive to proactive, insight-driven decision-making [4] Funding Details - The Series A funding round was led by FinTech Collective, while the Seed round was led by Peak XV, with participation from Hoxton Ventures [1] - The funding will facilitate Finster's growth in New York and accelerate team development [1] Company Background - Finster AI was founded in 2023 by Sid Jayakumar, who previously worked at Google DeepMind for seven years [3] - The platform is tailored for various roles and workflows within finance, enhancing tasks such as drafting investment memos and conducting research [3] Strategic Vision - The company emphasizes the importance of AI in finance, aiming to provide a secure and scalable platform that anticipates user needs [4] - Finster AI has established partnerships with leading financial institutions, including tier one global investment banks and asset managers [4][5] Leadership and Team - Chris Andrews has joined as chief operating officer, bringing nearly two decades of experience from Morgan Stanley [6] - The leadership team includes seasoned professionals from various global financial and technology firms, enhancing the company's expertise in AI and finance [5][6]
深圳市长带队赴京揽才 释放超1.8万个高薪岗位
Nan Fang Du Shi Bao· 2025-10-17 23:42
Core Points - The "AI Talent Recruitment Fair" held at Tsinghua University in Shenzhen attracted over 330 employers, offering more than 18,000 quality job positions, particularly in AI, fintech, and smart healthcare sectors [1][2] - More than half of the job positions offer annual salaries exceeding 300,000 yuan, with over 2,800 positions offering salaries above 500,000 yuan, and more than 170 positions offering salaries in the millions [1] - Shenzhen is positioning itself as a hub for AI innovation, with over 2,600 large-scale AI companies established in the city [2] Group 1 - The recruitment fair featured a strong turnout, with students actively engaging with employers and showcasing their resumes [1] - Tsinghua University has seen a significant number of graduates choosing to work in Shenzhen, with over 440 graduates from the 2025 class expected to join the workforce there [1][2] - Shenzhen's government is actively promoting the city as an ideal location for innovation and entrepreneurship, inviting graduates to become partners in the city's development [2] Group 2 - The event included presentations from notable companies like Huawei and BYD, highlighting their growth prospects and talent needs [2] - Shenzhen's government plans to invest over 100 million yuan annually to support more than 1,000 innovative projects and over 100 entrepreneurial projects, further encouraging youth innovation and entrepreneurship [2] - The recruitment fair will continue with an event at Peking University on October 18, extending the invitation to talents nationwide [3]
一行两局一会将重磅发声 八大看点抢先看
Group 1 - The 2025 Financial Street Forum Annual Conference will be held from October 27 to 30 in Beijing, focusing on "Innovation, Transformation, and Reshaping Global Financial Development," with over 400 important guests from more than 30 countries and regions attending [2] - The main forum will include seven thematic activities, with the opening ceremony scheduled for the afternoon of October 27 and the closing ceremony on the afternoon of October 30 [2] - Key officials from China's financial regulatory bodies, including the People's Bank of China, will deliver keynote speeches during the opening ceremony, and a series of financial policies will be announced during the conference [2][4] Group 2 - The People's Bank of China will host a main forum titled "International Financial Governance and Cooperation in Changing Circumstances" and a Fintech Forum, along with the release of a series of financial standards [2][7] - The Financial Regulatory Administration will hold three events, including the International Advisory Committee meeting, focusing on financial risks and regulatory challenges in a fragmented global economy [3][11] - The China Securities Regulatory Commission will conduct its International Advisory Committee meeting for the first time during the forum, discussing themes related to capital market development and innovation [3][15] Group 3 - The National Foreign Exchange Administration will host the closing ceremony on October 30, themed "International Economic and Trade Resilience Cooperation in a Global Context," featuring discussions on future global investment patterns and the role of central banks [3][18] - The forum aims to enhance international economic cooperation and resilience, particularly in advanced manufacturing, digital technology, and green energy sectors [19]
Max Levchin Elected to Board of Directors of The Coca-Cola Company
Businesswire· 2025-10-16 20:15
Core Viewpoint - The Coca-Cola Company has elected Max Levchin, co-founder of PayPal and founder of Affirm, as a director [1] Group 1: Background of Max Levchin - Max Levchin, aged 50, is recognized as a seasoned technologist and entrepreneur [1] - He co-founded Confinity in 1998, which later became PayPal, where he served as chief technology officer [1] - Levchin remained with PayPal until its acquisition by eBay in 2002 [1] Group 2: Career Highlights - After PayPal, Levchin launched several ventures, including Slide, a personal media company [1]
Fed to boost payments services’ days of operation
Yahoo Finance· 2025-10-16 10:27
Core Insights - The Federal Reserve is planning to expand the operational days of the Fedwire Funds Service and the National Settlement Service to include Sundays and some holidays, with implementation expected by 2028 at the earliest [8]. Group 1: Payment Systems Overview - The Fedwire Funds Service processes approximately $4.7 trillion in global commerce daily and allows electronic transfers of up to $10 million [3]. - The National Settlement Service provides clearing services for private-sector clearinghouses [3]. Group 2: Operational Changes - Current operational hours will remain unchanged, with Fedwire Funds operating 22 hours per day and NSS for 21.5 hours per day, closing a half-hour earlier [4]. - The Federal Reserve has considered expanding operational hours to seven days a week since 2019, with public input sought on this proposal [5][6]. Group 3: Congressional Influence - A bipartisan group of congressional members has urged the Federal Reserve to expedite the expansion of payment services, emphasizing the importance of swift action [6][7].
Grow Capital, Inc. (GRWC) Promotes Brock McKinley to President
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-10-15 14:14
Grow Capital, Inc. (OTCID: GRWC) Promotes Brock McKinley to PresidentGrow Capital, Inc. (OTCID: GRWC) (“Grow Capital” or the “Company”) a Nevada-based fintech company, today announced the promotion of Brock McKinley to President of Grow Capital, Inc., marking a major step in the Company’s strategic realignment to become a full-scale recordkeeping and financial technology firm.McKinley has been a driving force in Grow Capital’s transformation over the past several years, bringing deep experience in financial ...
AtlasClear Holdings Closes $20,000,000 Financing Investment Led by Funicular Funds, LP with Insider Participation from Sixth Borough Capital
Globenewswire· 2025-10-15 12:00
Core Viewpoint - AtlasClear Holdings, Inc. has successfully closed a $20 million financing round, which includes convertible debt and equity units, aimed at accelerating its growth strategy and expanding its operations [1][4]. Financing Details - The financing consists of $10 million in convertible debt with a 5-year term at an 11% coupon and a conversion price of $0.75 per share [2]. - An additional $10 million was raised through units sold at $0.60 per unit, with each unit comprising one share of common stock and one warrant [2]. - After accounting for the rollover of recent debt financing, the transaction yielded gross cash proceeds of $15.75 million, excluding placement agent fees and other transaction expenses [3]. Strategic Implications - The capital raised will enable the company to onboard new correspondents and expand into additional revenue lines, enhancing its operational capabilities [4]. - The financing is viewed as a strong vote of confidence from existing investors, which will support the company's growth strategy and technological advancements [4]. Company Overview - AtlasClear Holdings is focused on modernizing financial services through a technology-enabled platform, targeting small- and middle-market financial institutions [6]. - The company combines its expertise with established infrastructure, including Wilson-Davis & Co., Inc., a full-service correspondent securities broker-dealer, and plans to acquire Commercial Bancorp of Wyoming [6]. - The leadership team comprises industry veterans with extensive experience in financial services, positioning AtlasClear to deliver a comprehensive suite of brokerage, clearing, risk management, and banking solutions [6].
AtlasClear Holdings Announces $20,000,000 Financing
Globenewswire· 2025-10-09 13:09
Core Viewpoint - AtlasClear Holdings, Inc. has announced a $20,000,000 financing deal, which includes a reinvestment led by Funicular Funds, LP and participation from Sixth Borough Capital, aimed at accelerating its business model and expanding revenue streams [2][4]. Financing Details - The financing consists of a rollover of $4,250,000 from recent debt financing, resulting in gross proceeds of $15,750,000 after accounting for placement agent fees and other transaction expenses [2][6]. - The investment includes $10,000,000 in convertible debt with a 5-year term at an 11% coupon and a conversion price of $0.75, and $10,000,000 in units sold at $0.60 per unit, which include one share of common stock and one warrant with a strike price of $0.75 [6]. Business Expansion Plans - The capital raised will enable the company to increase its staff, enhance its capabilities, and deploy various technologies to create competitive advantages [3][4]. - The company aims to onboard new correspondents and expand into additional lines of revenue as part of its growth strategy [2][4]. Company Overview - AtlasClear Holdings is focused on building a technology-enabled financial services platform to modernize trading, clearing, settlement, and banking for small- and middle-market financial institutions [4]. - The company combines industry expertise with established infrastructure through its subsidiary, Wilson-Davis & Co., Inc., and plans to acquire Commercial Bancorp of Wyoming, enhancing its service offerings [4]. Leadership and Expertise - The leadership team of AtlasClear includes industry veterans with experience in founding and leading notable companies in the financial services sector, positioning the company for future growth [4].
**OEXN平台:全球市场趋势下的战略定位**
Sou Hu Cai Jing· 2025-10-08 15:14
Core Insights - OEXN platform is strategically positioned to embrace changes in the global financial market, focusing on providing safe, efficient, and convenient financial services to investors [1][11] - The platform identifies key trends such as digital penetration, market volatility, personalized investor demands, and increasing transparency and compliance requirements as critical factors shaping the current financial landscape [2][11] Technological Innovation - OEXN emphasizes deep investment in technological innovation, recognizing AI, big data, cloud computing, and blockchain as essential drivers for enhancing efficiency and reshaping service models [7] - Continuous investment in technology research and development aims to optimize service response speed and ensure user information and asset security through advanced data mining and secure underlying technology architecture [7][11] Global Resource Integration - The platform adopts a "global vision, local depth" strategy, focusing on building a service network that integrates liquidity resources and market information across major markets [8] - OEXN prioritizes local understanding and compliance, establishing localized teams to cater to specific market needs and regulatory requirements, thus enhancing resilience in diverse market environments [8][11] Talent and Compliance Management - OEXN's competitive edge lies in its ability to attract top talent from leading financial institutions and technology sectors, forming a multidisciplinary team that drives innovation and risk management [9] - The platform places a strong emphasis on compliance and security, adhering to global regulatory requirements and establishing a comprehensive risk management framework to protect user assets and data [9][11] Customer-Centric Approach - OEXN is committed to a customer-centric philosophy, prioritizing user needs, experience, and satisfaction in its service offerings [10] - The platform continuously optimizes service processes and product features based on customer feedback, ensuring a personalized and engaging investment journey for users [10][11]