Workflow
RegTech
icon
Search documents
Winnow Team Named "Tech Team of the Year" at Banking Tech Awards USA 2025
Prnewswire· 2025-06-03 12:43
Core Insights - Winnow Solutions, LLC has won the "Tech Team of the Year" award at the 2025 Banking Tech Awards USA and received a "Highly Commended" recognition in the "Best as-a-Service Solution - Regulation & Compliance" category [1][2][3] Group 1: Awards and Recognition - This is Winnow's first win and fourth consecutive year of recognition at the Banking Tech Awards [3] - Other finalists in the "Tech Team of the Year" category included major firms such as Bank of America, Morgan Stanley, and Total Expert [3] - Winnow was nominated for a total of five awards across various categories, showcasing its diverse capabilities in the fintech space [3] Group 2: Company Overview - Winnow Solutions, LLC develops a RegTech platform that offers compliance solutions across multiple sectors, including mortgage, auto financing, credit cards, and cybersecurity [4] - The platform catalogs over 80,000 individual state and federal law requirements, maintained by a team of experienced attorneys and professionals [4] - The recent addition of Winnow AI enhances the platform by providing quick answers to basic legal questions, leveraging existing attorney-reviewed content [4] Group 3: Previous Achievements - In 2024, Winnow was awarded "Best RegTech Solution" at the Finovate Awards and recognized in the "Regulatory, Governance, and Compliance Technology" category at the Legalweek Leaders in Tech Law Awards [5] - The company was also named to the HousingWire Tech100 Mortgage list, further establishing its reputation in the industry [5]
His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan acquires Warrants of Diginex Limited to Purchase 6.75 Million Ordinary Shares of Diginex for USD$300 million via a Private Transaction
Globenewswire· 2025-05-06 20:30
Core Insights - Diginex Limited has secured a significant investment from His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan, amounting to USD 300 million for warrants to purchase 6.75 million ordinary shares, reinforcing its position in sustainable finance and innovation [1][4]. Investment Details - The investment was made through Nomas Global Investments L.L.C, with an initial payment of USD 50 million confirmed, and the remaining USD 250 million due by December 31, 2025 [2][3]. - The warrants consist of three tranches, allowing the purchase of 2,250,000 shares each at prices of USD 8.20, USD 10.25, and USD 12.30, with expiration dates ranging from 15 to 24 months after January 23, 2025 [3]. Strategic Alliances - This acquisition follows a strategic alliance announced on March 17, 2025, which includes plans for a dual listing on the Abu Dhabi Securities Exchange and a potential capital raise of up to USD 250 million [4]. - Diginex aims to enhance its commitment to the UAE and contribute to the region's sustainability and economic diversification goals [4][5]. Technological Leadership - Diginex is positioned as a leader in ESG technology, utilizing blockchain, AI, and data analytics to improve transparency and efficiency in ESG reporting [5][8]. - The company supports 17 international frameworks, including GRI, SASB, and TCFD, providing comprehensive solutions for sustainability data management [9]. Vision and Commitment - His Highness expressed confidence in Diginex's potential to impact sustainable finance significantly, emphasizing a shared vision of leveraging technology for sustainability [5][7]. - Diginex is committed to expanding its influence in sustainable finance globally, aligning with regional goals like Vision 2030 and Net Zero by 2050 [6].