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Financial service provider PayTabs Group launched its card issuing solution PayTabs Issuance for its PayTabs Orchestration service on Monday, with an aim to empower companies, across the market to become self-reliant in money transaction technology. The fintech firm said this solution is framed for businesses to seamlessly acquire, issue, manage, and control payments. This solution […]
Stock-market informer Arab Finance launched its investment application GuROW in Egypt region, partnering with a wealth management platform Optofolio, metal producer Dahab Masr, and a media company, AF Securities. The newly built application GuROW, is launched with an aim to attract young investors and entrepreneurs. The app features daily news updates focusing periodical reports and […]
Business services provider Jacobs Solutions said it will spin off its subsidiaries Critical Mission Solutions and Cyber (CMS) along with Intelligence Government Services. The split companies will combine with Amentum, technology solution provider, to create a new, publicly-traded firm in the government services sector. Jacobs said it will receive $1 billion cash dividend at closing of the […]
Insurance provider Amwins Group completed $1 billion shares purchase of a significant recapitalization deal with its existing shareholder groups, on Wednesday. The company said in connection with the deal of private equity firms like Dragoneer Investment Group, Genstar Capital, SkyKnight Capital and employee shareholders, it purchased $1 billion in equity from more than 375 Amwins employee shareholders […]
Financial service provider Pineapple Financial said it went public on New York Stock Exchange (NYSE American), on Wednesday. The Canadian firm said it is the first to launch an initial public offering (IPO) at NYSE. The brokerage firm said with the capital raised from IPO, it will use the fund for growth initiatives, research and […]
Business process automation firm MCCI acquired GovBuilt, customer service provider, on Monday, with an aim to strengthen MCCI’s portfolio and reinforce its position as a leader in GovTech. The company’s acquisition is taking place after its earlier identification as a GovTech100 company for 2023, which the company said the deal reaffirmed its commitment to delivering […]
Private equity firm Gulf Capital said on Monday, the company completed its exit from investment in iSON Xperiences, tech-enabled emerging markets partner, also offers Business Process Outsourcing (BPO) services across India and Africa. Gulf Capital and another equity firm AfricInvest had invested around $50 million in iSON to accelerate the company’s growth. The company said […]
MoneyHero Ltd, formerly known as Hyphen Group completed its merger with special purpose acquisition firm Bridgetown Holdings Ltd on Thursday in a deal valued at $283 million. Bridgetown Holding is the result of a collaboration of between Pacific Century Group and Thiel Capital LLC. Bridgetown shareholders approved the merger with MoneyHero, on Tuesday. MoneyHero said […]
Singapore-based Primech Holdings Ltd said it set the initial public offering of 3 million shares at $4 per share, on Monday, which are approved for listing on the US-based Nasdaq Capital Market under the ticker symbol ‘PMEC’. The company initially registered to go public by filing Form F-1 with U.S. Securities and Exchange Commission (SEC), […]
Saudi Arabia-based SAL Logistics Pvt Ltd said it set the price of initial public offering (IPO) at SAR 106 ($28.26) per share, implying a market capitalization of SAR 8,480 million at listing, on Friday. The company said along with its financial advisor HSBC Holdings Plc offered its price range in September. The process of IPO […]
Canadian fintech company Nuvei Corp said it has established a new operational office in China with a vision to expand its presence in Asia-Pacific (APAC) region, on Monday. The company said it has a pre-established cross border clients as well as provide services and partnered with Chinese businesses like Geekbuying, an e-commerce platform, and Vakatrip, […]
Finance firm England and Co said it has extended its corporate advisory business in Asia-Pacific region by establishing an office in Singapore. Patrick O’Shea, managing director of New York office will head the company’s newly established Singapore space. The independent investment bank specializes in offering global financial guidance. The newly designated Patrick O’Shea, previously was a […]
