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Morgan Stanley Investment Management Provides $125 Million Debt Financing to FreshBooks
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management announced today that funds managed by Morgan Stanley Expansion Capital and Morgan Stanley Private Credit have provided $125 million in senior debt financing to FreshBooks, one of the leaders in cloud-based accounting software for small businesses. This investment will refinance existing debt and is expected to fuel the company’s continued growth. Toronto-based FreshBooks provides SaaS software that is built for service-based SMBs w...
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Viamericas Launches Cash-to-Cash Money Transfer Service for Quick and Easy U.S. Money Transfers
CORAL GABLES, Fla.--(BUSINESS WIRE)--Viamericas announced the launch of domestic cash-to-cash money transfer service, available at thousands of agent locations across the United States....
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The Digital Dollar Project Publishes Comprehensive Review of Digital Modernization of U.S. Dollar
WASHINGTON--(BUSINESS WIRE)--The Digital Dollar Project today announced the publication of its latest whitepaper which explores years of research on the need to digitally modernize the U.S. Dollar, preserve US Dollar primacy and integrate new technologies to create efficiencies in the US financial system. The digital asset revolution of the past several years has thrust the evolving world of modern money into the spotlight. Despite these advancements, the technology through which the Dollar cur...
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WEX Extends Partnership with Circle K to Drive Innovation in Fleet Management, Customer Experience
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced a multi-year extension of its relationship with global convenience retailer Circle K. Building on over 15 years of collaboration, this agreement aims to propel the growth of its existing business fuel card programs and to develop software customized for evolving fleet needs and customer onboarding. Additionally, Circle K is now an accepting merchant of 10...
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Mogo Reports Results for Q4 & FY 2024
VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced its financial and operational results for the fourth quarter and fiscal year ended December 31, 2024. “Our Q4 2024 results represent a pivotal moment for our Wealth business. We saw an acceleration in Wealth revenue growth to 19% in Q4, pushing our Total Wealth revenue to nearly a $12 million annual run rate,” said David Feller, Mogo...
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Handle Acquires CUES, Pioneering Instant Pay for Technicians & Expanding Premium Home Concierge Services
DALLAS--(BUSINESS WIRE)--Handle, the premier home concierge company, has acquired CUES, a leader in workforce transformation and instant recognition technology. This strategic acquisition reinforces Handle’s mission to become the fastest-paying home services platform, setting a new industry benchmark for technician compensation, operational efficiency, and overall service quality. By integrating CUES’ instant payment and workforce recognition technology, Handle is eliminating payment delays, st...
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Optum Rx to Modernize Pharmacy Payment Models
--(BUSINESS WIRE)--Rising prices set by pharmaceutical companies are causing pharmacies across the United States to pay more for many drugs, impacting their ability to maintain high-quality care for patients. Effective immediately and with full implementation by January 2028, Optum Rx will align payment models more closely to the costs pharmacies may face due to manufacturer pricing actions. This change will positively impact Optum Rx non-affiliated network pharmacies, including the more than 2...
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Affirm and Adyen Bring Longstanding Partnership to UK
LONDON--(BUSINESS WIRE)--Adyen, the global financial technology platform of choice for leading businesses, today announced that it has expanded its partnership with Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, to the U.K. Adyen’s U.K. merchants looking to provide their customers access to flexible, pay-over-time plans can now seamlessly integrate and offer Affirm at checkout. Affirm provides consumers with a wider range of i...
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Samenvatting: Bregal Milestone kondigt een strategische groei-investering in Ridango aan
LONDEN--(BUSINESS WIRE)--Bregal Milestone, een vooraanstaand Europees private equity-bedrijf gespecialiseerd in softwaregroei, kondigde vandaag een strategische groei-investering aan in een meerderheidsbelang in Ridango, een internationale leverancier van missiekritieke software voor openbaar vervoer. Deze investering werd gedaan in partnerschap met oprichter Erki Lipre en het beheersteam van Ridango. Er werden geen voorwaarden voor de transactie vrijgegeven. Ridango werd in 2009 opgericht en i...
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Bakkt Announces Akshay Naheta as co-CEO of Bakkt and Strategic Partnership with Distributed Technologies Research
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that, effective March 21, 2025, it will bring on Akshay Naheta, a seasoned executive with a proven track record in the finance and technology industries, to serve as co-CEO of Bakkt, alongside Andy Main, current CEO. With over 20 years of experience, Akshay brings an intricate understanding of blockchain, financial markets, and payment systems to Bakkt. Previously, he held senior executive roles at SoftBank Grou...