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	<title>Updates on Finance Company Statements &amp; Announcements</title>
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		<title>Kinfos Events Launches Agentic Automation in Finance Summit Canada</title>
		<link>https://www.worldfinanceinforms.com/company-statements/kinfos-events-launches-agentic-automation-in-finance-summit-canada/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Fri, 24 Jul 2026 12:15:35 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Company Statements]]></category>
		<category><![CDATA[Technology]]></category>
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					<description><![CDATA[<p>North America’s 7th Edition Agentic Automation in Finance Summit Canada Launches in Toronto, Bringing Together Leaders Shaping the Future of AI-Powered Financial  Services Toronto, Canada &#8211; November 4, 2026 Building on the success of a globally recognized event series spanning New York, Amsterdam, Chicago, Atlanta, Frankfurt, Stockholm, and Toronto, Kinfos Events is proud to present [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/kinfos-events-launches-agentic-automation-in-finance-summit-canada/">Kinfos Events Launches Agentic Automation in Finance Summit Canada</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>North America’s 7th Edition Agentic Automation in Finance Summit Canada Launches in Toronto, Bringing Together Leaders Shaping the Future of AI-Powered Financial  Services</p>
<p><strong>Toronto, Canada &#8211; November 4, 2026</strong></p>
<p>Building on the success of a globally recognized event series spanning New York, Amsterdam, Chicago, Atlanta, Frankfurt, Stockholm, and Toronto, Kinfos Events is proud to present the North America’s 7th Edition Agentic Automation in Finance Summit Canada, a premier gathering of banking, insurance, payments, fintech, and technology leaders focused on the next era of AI-driven transformation in financial services.</p>
<h3><strong>Event Details</strong></h3>
<ul>
<li><strong>Event Name</strong>: Agentic Automation in Finance Summit</li>
<li><strong>Date</strong>: November 04, 2026</li>
<li><strong>Location</strong>: Toronto, Canada</li>
<li><strong>Website</strong>: https://kinfos.events/aicanada/</li>
<li><strong>Audience</strong>: Banking leaders, insurance executives, payments professionals, fintech innovators, AI leaders, regulators, credit unions, and technology providers</li>
</ul>
<p>As financial institutions accelerate investments in Agentic AI, intelligent automation, AI governance, hyperautomation, and digital transformation, the summit will provide a platform for industry leaders to explore how organizations can move beyond experimentation and successfully scale AI across the enterprise.</p>
<h3><strong>Key discussion topics include:</strong></h3>
<ul>
<li><strong>Agentic AI &amp; Autonomous Banking</strong> &#8211; Driving intelligent, autonomous<br />
decision-making and operational efficiency across financial institutions.</li>
<li><strong>AI-Powered Operations &amp; Hyperautomation</strong> &#8211; Transforming business<br />
processes through intelligent workflows, orchestration, and automation.</li>
<li><strong>Data, Infrastructure &amp; AI Readiness</strong> &#8211; Building the modern data and technology foundations required for scalable AI adoption.</li>
<li><strong>AI Governance, Risk &amp; Responsible AI</strong> &#8211; Ensuring trust, compliance, security, and transparency in AI-powered financial services.</li>
<li><strong>The Future Workforce: Humans + AI</strong> &#8211; Exploring how employees and intelligent agents collaborate to create the next-generation operating model for financial services.</li>
<li><strong>Autonomous Finance &amp; Decision Intelligence</strong> – Moving beyond copilots toward intelligent systems capable of executing and optimizing financial processes.</li>
<li><strong>Fraud, Security &amp; Digital Trust</strong> – Leveraging AI to strengthen fraud detection, cyber resilience, identity verification, and risk management.</li>
</ul>
<p>The event will bring together C-suite executives, board-level leaders, heads of AI, technology, data, operations, risk, compliance, and innovation from banks, insurers, credit unions, fintechs, payment providers, regulators, government institutions, and technology companies to discuss the opportunities, challenges, and innovations shaping the future of AI-led financial services in Canada.</p>
<h3><strong>Registration &amp; Participation</strong></h3>
<p>Organizations interested in attending, speaking, sponsoring, or partnering with the event are encouraged to connect with the organizing team.</p>
<p>For speaking opportunities, sponsorship inquiries, and delegate participation, please contact: khushi.chait@kinfos.events</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/kinfos-events-launches-agentic-automation-in-finance-summit-canada/">Kinfos Events Launches Agentic Automation in Finance Summit Canada</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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		<title>AI Financial Assistant by Visa Introduced For AI-Driven Era</title>
		<link>https://www.worldfinanceinforms.com/company-statements/ai-financial-assistant-by-visa-introduced-for-ai-driven-era/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Wed, 15 Jul 2026 13:31:28 +0000</pubDate>
				<category><![CDATA[Company Statements]]></category>
		<category><![CDATA[Technology]]></category>
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					<description><![CDATA[<p>Visa, a world leader when it comes to digital payments, on July 14, 2026, unveiled AI Financial Assistant, an innovative service designed specifically to assist financial institutions in transforming their apps for an artificial intelligence-driven era. This feature allows banks to provide cardholders AI-powered financial knowledge that reflects their brand, feel, and appearance without the [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/ai-financial-assistant-by-visa-introduced-for-ai-driven-era/">AI Financial Assistant by Visa Introduced For AI-Driven Era</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>Visa, a world leader when it comes to digital payments, on July 14, 2026, unveiled AI Financial Assistant, an innovative service designed specifically to assist financial institutions in transforming their apps for an artificial intelligence-driven era. This feature allows banks to provide cardholders AI-powered financial knowledge that reflects their brand, feel, and appearance without the need for custom design.</p>
<p>More than 66% of Americans polled who have used generative AI are seeking financial guidance from it.  However, clients say banks are the most trustworthy organizations to safeguard personal data.  In fact, 85% say they would be willing to exchange additional data with their bank provided that there was a clear AI value proposition.  AI Financial Assistant by Visa enables banks to convert confidence into intuitive, interactive experiences in safe and secure banking environments.</p>
<p>According to Senior Vice President and Head of North America Value-Added Services at Visa, Michele Herron, “Consumers are already turning to AI for financial advice, but banks have the full financial picture, can act on it, and are among the most trusted institutions consumers rely on. “AI Financial Assistant brings those strengths together, combining personalized insights based on a consumer’s own data and pairing it with the ability to act, all right within their bank&#8217;s app. By simply turning on this service, banks can strengthen relationships with their customers and transform from a passive ledger to a generative AI–enabled financial hub.”</p>
<h4><strong>Transforming insights into action in the mobile banking app</strong></h4>
<p>As a component of its first-time rollout, AI Financial Assistant by Visa enables cardholders to &#8211;</p>
<p><strong>Stay on top of your spending automatically &#8211;</strong> Anticipated monthly findings surface significant modifications without any setup or manual effort, helping you.</p>
<p><strong>Ask and learn right away &#8211;</strong> Natural language question answers depend on a cardholder’s own financial transactions.</p>
<p><strong>Take action &#8211;</strong> Lock a card or configure alerts right from the conversation. Future enhancements proposed include linking spending analysis and subscription management together via Enhanced Subscription Manager.</p>
<h4><strong>Today’s smooth digital banking service</strong></h4>
<p>The latest addition to Visa Digital Issuer Solutions is the AI Financial Assistant, an individual chat-based access point within the banking application. Through deep links, financial organizations can link to their FAQs as well as documents to surface relevant banking product data. This way, cardholders can get answers to enquiries such as Are there any car loan advantages for current customers?  Or do you have a high-yield savings account to assist me in saving for a car?</p>
<p>Although financial institutions can use specific capabilities in isolation via the Digital Enablement Software Development Kit &#8211; SDK from Visa, the AI Financial Assistant by Visa provides a single layer of integration that links current and new capabilities as they become available in the SDK.</p>
<p>Powered by the global network that Visa has of over 300 billion transactions per year, its AI Financial Assistant is built on AI and data management standards.  It integrates cardholder behavior, real-time data, and the financial institution&#8217;s own information to provide highly personalized advice with the security, regulatory compliance, and fraud protections financial institutions need.</p>
<p>It is well to be noted that the U.S. financial institutions will be able to use AI Financial Assistant in a trial phase in August 2026, with plans for a worldwide launch thereafter.</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/ai-financial-assistant-by-visa-introduced-for-ai-driven-era/">AI Financial Assistant by Visa Introduced For AI-Driven Era</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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		<title>Commerce Bank to Acquire Nolan to Tap Middle-Market Clients</title>
		<link>https://www.worldfinanceinforms.com/company-statements/commerce-bank-to-acquire-nolan-to-tap-middle-market-clients/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Mon, 06 Jul 2026 12:25:27 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Company Statements]]></category>
		<guid isPermaLink="false">https://www.worldfinanceinforms.com/uncategorized/commerce-bank-to-acquire-nolan-to-tap-middle-market-clients/</guid>

					<description><![CDATA[<p>Commerce Bank, on June 29, 2026, announced that it has entered into a contract to acquire Nolan &#38; Associates, a boutique investment banking firm that is based out of St. Louis with global reach that is specialized in providing capital raise advisory services across middle-market clients, enhancing the bank&#8217;s capacity to serve clients at crucial times within their [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/commerce-bank-to-acquire-nolan-to-tap-middle-market-clients/">Commerce Bank to Acquire Nolan to Tap Middle-Market Clients</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>Commerce Bank, on June 29, 2026, announced that it has entered into a contract to acquire Nolan &amp; Associates, a boutique investment banking firm that is based out of St. Louis with global reach that is specialized in providing capital raise advisory services across middle-market clients, enhancing the bank&#8217;s capacity to serve clients at crucial times within their business cycle.</p>
<p>Nolan offers sell-side and buy-side as well as capital raise advisory services to business owners, private equity firms, and corporations in a variety of industries such as transportation, building products, healthcare, telecom, business services, logistics, energy, manufacturing, and distribution as well as agriculture.</p>
<p>Pat C. Nolan established Nolan in 1976. They are a second-generation, family-owned business that has pretty deep Midwestern roots. The firm has earned a strong reputation for consistent leadership, lasting relationships, and dependable advice through critical business changes for around 50 years. Once the deal is finalized, Nolan will be a wholly owned subsidiary of Commerce Bank.</p>
<p>The two firms developed a relationship of confidence and a common commitment to helping middle-market clients that has resulted in a solid connection that led to this deal. Commerce intends to retain employees and the office of Nolan and provide continuity of service for clients and employees.</p>
<p>The acquisition builds on the current commercial and wealth platforms of Commerce with unique investment banking capabilities, enhancing the bank’s ability to serve clients at critical points in their business lifecycle.</p>
<p>According to Bob Holmes, Chairman and Chief Executive Officer, Commerce Bank – St. Louis, “With the addition of Nolan, we are expanding our ability to serve business owners through some of the most important decisions they will make &#8211; whether that’s growing, acquiring, or transitioning their business. This strengthens our ability to deliver a more seamless, end-to-end experience for our clients.”</p>
<p>It is well to be noted that Commerce will leverage Nolan’s investment banking expertise to offer clients a more intimate relationship, right from building and scaling a business to changing ownership and handling personal wealth. The package additionally broadens the solutions it provides to help Commerce attract and retain as well as deepen connections with both commercial and wealth clients.</p>
<p>Commerce offers the Nolan team a more comprehensive platform, which includes deeper client relationships, improved capital markets capabilities, and added resources so as to help support combined growth. It opens up new avenues for working together across commercial and wealth businesses of commerce while maintaining the entrepreneurial spirit and client-focused approach of Nolan.</p>
<p>The broader geographic footprint of Commerce, along with its strong market position, will also help Nolan, providing greater chances to initiate and advise routine transactions and strengthen relationships with owners of businesses at major transition points.</p>
<p>Remarks Patrick Nolan, President, Nolan &amp; Associates, “Joining Commerce is an exciting next chapter for our firm. We’ve built Nolan &amp; Associates on long-term relationships, trusted advice, and a strong commitment to our clients and community. Commerce shares those same values and a relationship-driven culture, which made this a natural fit. We’re proud to continue serving our clients with the same team and approach, now backed by the broader capabilities and reach of Commerce.”</p>
<p>As per Managing Director, Nolan &amp; Associates, Brett Pantazi, “Combining forces with Commerce enables us to remain deeply committed to our family-owned business clients while accelerating the growth of our private equity services practice. We are thrilled to partner with the Commerce Bank team.”</p>
<p>Under the terms of the deal, Commerce Bank will purchase Middle-Market Transactions, Inc. &#8211; MMTI, a FINRA-regulated entity via which Nolan &amp; Associates offers advisory services. The terms of the deal have not been disclosed as yet. The acquisition is conditioned on regulatory authorization and the usual closing conditions.</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/commerce-bank-to-acquire-nolan-to-tap-middle-market-clients/">Commerce Bank to Acquire Nolan to Tap Middle-Market Clients</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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		<title>Prosperity Bancshares Finalizes Merger with Stellar Bancorp</title>
		<link>https://www.worldfinanceinforms.com/company-statements/prosperity-bancshares-finalizes-merger-with-stellar-bancorp/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Fri, 03 Jul 2026 12:46:21 +0000</pubDate>
				<category><![CDATA[Company Statements]]></category>
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					<description><![CDATA[<p>Prosperity Bancshares finalizes merger with Stellar Bancorp subject to a merger agreement. Prosperity Bancshares, Inc., which is the parent company of Prosperity Bank®, on July 1, 2026, announced the finalization of the merger of Stellar Bancorp, Inc. with and into Prosperity and the merger of Stellar’s wholly owned subsidiary, Stellar Bank, based in Houston, Texas, with and into [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/prosperity-bancshares-finalizes-merger-with-stellar-bancorp/">Prosperity Bancshares Finalizes Merger with Stellar Bancorp</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>Prosperity Bancshares finalizes merger with Stellar Bancorp subject to a merger agreement. Prosperity Bancshares, Inc., which is the parent company of Prosperity Bank®, on July 1, 2026, announced the finalization of the merger of Stellar Bancorp, Inc. with and into Prosperity and the merger of Stellar’s wholly owned subsidiary, Stellar Bank, based in Houston, Texas, with and into Prosperity Bank, all of which became effective July 1, 2026.</p>
<p>Pursuant to, and subject to the clauses and conditions of, the Merger Agreement by and between Prosperity and Stellar, Prosperity issued 0.3803 shares of Prosperity common stock and agreed to pay $11.36 in cash for each outstanding share of Stellar common stock. Robert R. Franklin, Jr., Stellar’s chief executive officer and executive chairman of Stellar Bank, became vice chairman of Prosperity and Prosperity Bank. Stellar’s president and Stellar Bank’s chief executive officer, Ramon Vitulli, subsequently joined Prosperity Bank as Houston area chairman. Additional Stellar Bank management will continue in positions of leadership in the merged organization. In addition, Mr. Franklin and Joe B. Swinbank, director of Stellar, are now members of the Board of Directors of Prosperity, and Mr. Vitulli and Pat Parsons, director of Stellar Bank, have now become members of the Board of Directors of Prosperity Bank. Stellar has fifty-two &#8211; 52 banking offices, consisting of its main office in Houston as well as banking offices in Houston and Beaumont along with East Texas areas and in Dallas, Texas. As Prosperity Bancshares finalizes merger with Stellar Bancorp, it is worth noting that Stellar Bank locations will keep continuing to operate under the Stellar Bank brand name until operational integration is completed in March 2027. The full-service banking centers of Prosperity Bank will be available to Stellar customers at that time.</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/prosperity-bancshares-finalizes-merger-with-stellar-bancorp/">Prosperity Bancshares Finalizes Merger with Stellar Bancorp</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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		<title>AI-Powered Solutions in Finance from FactSet-Google Cloud</title>
		<link>https://www.worldfinanceinforms.com/company-statements/ai-powered-solutions-in-finance-from-factset-google-cloud/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Wed, 01 Jul 2026 10:18:07 +0000</pubDate>
				<category><![CDATA[Company Statements]]></category>
		<category><![CDATA[Financials]]></category>
		<category><![CDATA[Technology]]></category>
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					<description><![CDATA[<p>FactSet, which is a leading global provider of data as well as AI solutions for financial markets, on June 30, 2026, announced a multi-faceted strategic partnership along with Google Cloud so as to build a new generation of AI-powered solutions in finance. The partnership to enhance new-gen AI-powered solutions in finance addresses an expanding requirement coming from the financial institutions [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/ai-powered-solutions-in-finance-from-factset-google-cloud/">AI-Powered Solutions in Finance from FactSet-Google Cloud</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>FactSet, which is a leading global provider of data as well as AI solutions for financial markets, on June 30, 2026, announced a multi-faceted strategic partnership along with Google Cloud so as to build a new generation of AI-powered solutions in finance.</p>
<p>The partnership to enhance new-gen AI-powered solutions in finance addresses an expanding requirement coming from the financial institutions for workflow-tailored agentic solutions, which are driven by trusted data and are completely sourced and auditable as well as defensible when it comes to regulated environments. The partnership will serve to further the broader AI vision of FactSet of providing agentic experiences throughout the investment as well as deal-making life cycles.</p>
<p>The collaboration has three areas of focus &#8211;</p>
<p><strong>FactSet AI modified Gemini models</strong> FactSet is introducing the next generation of agents when it comes to finance using enterprise search from Google as well as its Gemini model features in its Workstation via the Gemini Enterprise Agent Platform.</p>
<p>This collaboration will speed up the creation of new workstation products via deep research functionality as well as multi-modal experiences, taking advantage of the broad spectrum of AI capabilities from Google Cloud.</p>
<p>Direct integration with Google grounding will complement the financial data of FactSet and elevate the breadth and depth of AI-enhanced insights from FactSet.</p>
<p><strong>Deeper financial intelligence in Gemini Enterprise</strong> Following the already announced partnership with Google DeepMind, MCP and agent sharing functionality from FactSet is sure to add deeper financial insight in Gemini Enterprise which is Google Cloud&#8217;s AI platform when it comes to building, managing, and implementing agents. This synchronization will allow for seamless interoperability among the FactSet Workstation as well as Gemini Enterprise for financial professionals.</p>
<p><strong>Co-developed agentic workflows</strong> FactSet and Google Cloud will launch a next-generation set of agents, which are built on the Gemini Enterprise Agent Platform, in order to help enhance efficiency, implementation, and decision-making processes throughout portfolio activities, deal advisory services, and corporate finance.</p>
<p>FactSet will also expand its portfolio of cloud providers with the inclusion of Google Cloud, allowing FactSet to keep striving to improve its infrastructure features while offering higher levels of reliability and scalability as well as innovation to clients.</p>
<p>According to Sanoke Viswanathan, chief executive officer of FactSet, &#8220;AI is fundamentally shifting how financial professionals access data, derive insights, and make decisions. Together with Google Cloud, we are putting trusted financial data and advanced AI capabilities to work, empowering our clients with more intuitive, connected, and intelligent agents.&#8221;</p>
<p>Says Karthik Narain, chief product and business officer of Google Cloud, &#8220;Financial institutions require AI tools that anchor advanced technology in reliable, industry-specific intelligence. By combining Google Cloud&#8217;s agentic AI capabilities with FactSet&#8217;s deep financial expertise, we are enabling investment professionals to surface insights faster, automate complex workflows, and realize commercial value from AI.&#8221;</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/ai-powered-solutions-in-finance-from-factset-google-cloud/">AI-Powered Solutions in Finance from FactSet-Google Cloud</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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		<title>Revolut Business in New Zealand Formally Launched</title>
		<link>https://www.worldfinanceinforms.com/company-statements/revolut-business-in-new-zealand-formally-launched/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Thu, 25 Jun 2026 08:03:25 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Company Statements]]></category>
		<guid isPermaLink="false">https://www.worldfinanceinforms.com/uncategorized/revolut-business-in-new-zealand-formally-launched/</guid>

					<description><![CDATA[<p>In a latest development from the world of finance, Kiwi businesses can now go ahead and open a business account online from 23 June 2026 so as to access multi-currency accounts and interbank FX rates as well as smart spending management and controls through Revolut Business. Revolut Business aims to solve high costs and branch-heavy onboarding as [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/revolut-business-in-new-zealand-formally-launched/">Revolut Business in New Zealand Formally Launched</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>In a latest development from the world of finance, Kiwi businesses can now go ahead and open a business account online from 23 June 2026 so as to access multi-currency accounts and interbank FX rates as well as smart spending management and controls through Revolut Business.</p>
<p>Revolut Business aims to solve high costs and branch-heavy onboarding as well as disorganised tooling provided by traditional banks.</p>
<p>New Zealand businesses will be able to handle key functions like accounts, cards, and supplier payments as well as expense management in one system and will not be required to work with several providers.</p>
<p>Revolut, which is the global financial app with over 75 million customers worldwide, on June 23, 2026, announced the formal launch of its exclusive business platform named Revolut Business in New Zealand.</p>
<p>The launch in New Zealand represents a major expansion of the APAC footprint from Revolut Business, reinforcing its position as a global B2B fintech leader with annualized revenues recently in excess of $1.65 billion NZD and serving more than 800,000 businesses globally. The expansion comes after a period of substantial momentum when it comes to local retail for Revolut, which has recently marked its best financial year to-date in New Zealand, with FY25 revenue increasing by 99% year-over-year.</p>
<p>It is well to be noted that Revolut Business is an automated and all-in-one financial platform that helps businesses be more efficient and assists in addressing high costs and friction in the financial sector of New Zealand, which is largely controlled by the incumbent banks with more than 90% share. NZ SMEs face mandatory branch visits, excessive international remittance fees with an avg. of 3.9%, and large FX markups, as well as fragmented software.</p>
<p>Revolut Business is meeting the challenge with a frictionless, fully digital onboarding experience combined with a single platform.</p>
<h3><strong>New Zealand SME Business Finance Reimagined</strong></h3>
<p>Revolut Business will be the first platform in New Zealand to combine basic business finance workflows such as spend management, team controls, approvals, and accounts with interbank foreign exchange. For the first time in New Zealand, SMEs are going to be able to run critical functions such as payroll and cards as well as expense management in one system, rather than having to use a range of providers. This centralized approach means a quicker onboarding experience, fewer tools needed and less FX leakage, in turn saving Kiwi businesses both money and time in the process.</p>
<p>Revolut Business is a fast and transparent alternative with a modern digital infrastructure. The vertical wants to not only manage the money of the business but also serve as their operating system for expansion. The expansion of Revolut Business is driven by automation, control, and limitless scale.</p>
<p>When launched, Kiwi businesses will be able to use essential characteristics such as the following &#8211;</p>
<ul>
<li>Digital onboarding &#8211; Revolut Business delivers a completely digital onboarding experience, removing the standard weeks-long wait times and manual processing as well as the branch visits or manual callbacks that 4 out of 5 local incumbents require</li>
<li>Simplified Global Money &#8211; Complete multi-currency accounts with acceptance as well as settlement in 39 currencies. Local businesses may send and receive money worldwide at open and transparent interbank FX rates as per the plan allowances during market hours, avoiding the conventional 2% to 5% bank margins and fixed $5–$35 transfer fees.</li>
<li>Smarter Spending Management &#8211; Manage spending efficiently with physical as well as virtual corporate cards that work with both Apple Pay and Google Pay. Features such as in-app OCR receipt capture and advanced analytics allow for real-time spend tracking. The solution also offers automated and customizable approval processes and customizable spend limits for easier management.</li>
<li>Native Local Integrations &#8211; Direct and native accounting integrations with Xero to remove spreadsheets that are manually created and seamlessly match expenses to policy controls.</li>
</ul>
<p>The Head of New Zealand at Revolut, Georgia Grange, said that “We’re excited to build on the great momentum our retail product has seen since launching for Kiwis in 2023. We understand New Zealand’s SMEs are globally ambitious, but many are still dealing with slow onboarding, fragmented financial management tools, and expensive international payments. We’ve built Revolut Business to remove that friction: giving businesses a faster, more flexible way to manage money locally and internationally, all from a single platform.”</p>
<p>According to the Global Head of Revolut Business, James Gibson, “We’re thrilled to officially launch Revolut Business in New Zealand. This product has established a proven growth trajectory globally, consistently outperforming traditional options to become the primary choice for fast-growing companies and startups. New Zealand businesses can now access world-class, battle-tested financial infrastructure through our platform, which processes over NZD $60 billion globally each month. We are committed to the New Zealand market for the long term, offering a mature, integrated alternative that empowers Kiwi businesses to scale without borders.”</p>
<h3><strong>Transparent Pricing &amp; Local Safety</strong></h3>
<p>Revolut Business is launching with a scalable subscription tier model &#8211;  Basic, Grow, Scale, as well as Enterprise and Custom plans in the works. This allows local enterprises to choose the specific feature sets, transfer limits and, at the same time, support models for their scale of operations.</p>
<p>The platform provides global-class security of assets and anti-money laundering &#8211; AML protections.</p>
<p>From today, New Zealand businesses can formally sign up and create an account with Revolut Business through the company’s website.</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/revolut-business-in-new-zealand-formally-launched/">Revolut Business in New Zealand Formally Launched</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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		<title>International Payment Transfer to Germany Made Easy</title>
		<link>https://www.worldfinanceinforms.com/company-statements/international-payment-transfer-to-germany-made-easy/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Thu, 25 Jun 2026 07:44:49 +0000</pubDate>
				<category><![CDATA[Cards & Payments]]></category>
		<category><![CDATA[Company Statements]]></category>
		<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://www.worldfinanceinforms.com/uncategorized/international-payment-transfer-to-germany-made-easy/</guid>

					<description><![CDATA[<p>Swift, the organization that powers the worldwide network linking over 11,500 financial institutions in more than 200 markets, announced a new consumer payments campaign that will give people in Germany receiving money from family, friends as well as businesses abroad a significantly better experience. Deutsche Bank is bringing the new service live that allows standard international payment [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/international-payment-transfer-to-germany-made-easy/">International Payment Transfer to Germany Made Easy</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>Swift, the organization that powers the worldwide network linking over 11,500 financial institutions in more than 200 markets, announced a new consumer payments campaign that will give people in Germany receiving money from family, friends as well as businesses abroad a significantly better experience. Deutsche Bank is bringing the new service live that allows standard international payment transfer to Germany at the end customer’s account in just a matter of seconds.</p>
<p>This effort sets a fresh benchmark for global retail transfers so that consumers can take advantage of a number of key perks-</p>
<ul>
<li>The entire amount is received. When you get money from outside the country, the sum that arrives in your account is the sum you were sent no surprises.</li>
<li>It is faster. In a lot of instances, money will come in a matter of minutes. Where local banking systems allow, transfers can be instantaneous.</li>
<li>You know the cost in advance. Before you hit confirm, the sender gets to see the fee as well as the exchange rate, so there are no unexpected surprises.</li>
<li>Trackable. The recipient has the same ability as a parcel to track every stage of the transfer until it is received.</li>
</ul>
<p>It is worth noting that Deutsche Bank is one of the first financial institutions to carry out the international payment transfer to Germany through this mode and the first in Germany, thus first providing a better experience for customers when they receive money from Brazil and Australia as well as Turkey. More than 60 banks in 25 countries have signed up to the scheme, which was launched only in 2025.</p>
<p>According to the Global Product &amp; Client Solutions Head, Institutional Cash Management at Deutsche Bank, Ciaran Byrne, “Given the importance of the German market in global cross-border flows, it was critical to enable a scalable and standardized framework for incoming payments. As a gateway intermediary, Deutsche Bank is supporting financial institutions globally in sending payments into Germany while enabling retail and SME clients to benefit from a more transparent, predictable, and efficient payment experience.”</p>
<p>Germany comes under the top 10 countries for remittances received, as per the UN.</p>
<p>The Head of Central and Eastern Europe at Swift, Olivier Lens, said that “The rollout of this initiative represents a key development for Germany’s payments landscape. Customers expect international payments to be as transparent and predictable as those made domestically, and these standards help deliver on those expectations. This framework will enable a more trusted cross-border payments experience for businesses and consumers alike.”</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/international-payment-transfer-to-germany-made-easy/">International Payment Transfer to Germany Made Easy</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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		<title>Mastercard Introduces Agent Pay for Machines &#8211; AP4M</title>
		<link>https://www.worldfinanceinforms.com/company-statements/mastercard-introduces-agent-pay-for-machines-ap4m/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Mon, 15 Jun 2026 08:44:16 +0000</pubDate>
				<category><![CDATA[Cards & Payments]]></category>
		<category><![CDATA[Company Statements]]></category>
		<guid isPermaLink="false">https://www.worldfinanceinforms.com/uncategorized/mastercard-introduces-agent-pay-for-machines-ap4m/</guid>

					<description><![CDATA[<p>The rise of AI has gone on to create novel ways to buy as well as sell goods and also services. Now it needs to have a new class of payments. Mastercard looks forward to having a future where businesses go on to develop services for AI agents to buy as well as use. Functioning at machine [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/mastercard-introduces-agent-pay-for-machines-ap4m/">Mastercard Introduces Agent Pay for Machines – AP4M</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>The rise of AI has gone on to create novel ways to buy as well as sell goods and also services. Now it needs to have a new class of payments.</p>
<p>Mastercard looks forward to having a future where businesses go on to develop services for AI agents to buy as well as use. Functioning at machine speed, these agents could as well transact with each other consistently and that too at high velocity, implementing chains of transactions such as microtransactions.</p>
<p>This kind of a transition could as well unlock a whole new wave of innovation and business models along with economic activity wherein any company, from solopreneurs to even the largest enterprises, can go on to become a virtual powerhouse. In order to enable this new form of commerce, Mastercard has developed a novel way to pay for such services &#8211; payments, some just fractions of a cent, to be accomplished quickly and programmatically as well as securely.</p>
<p>Now the company is coming up with Agent Pay for Machines &#8211; AP4M, which apparently is a new service that enables these transactions to be permissioned, orchestrated, and also settled at machine speed throughout its global payments network.</p>
<p>According to Jorn Lambert, the chief product officer of Mastercard, “Agent Pay for Machines will create the conditions for a superbloom of AI business models. Machine payments can make it possible for services to be bought and sold among agents at fundamentally different scales than payments today &#8211; very high volumes, very small values, very fast, and at extremely low latency.”</p>
<p>Unlike the traditional point-of-sale or person-to-merchant payments, which happen to be discrete and user-initiated, these transactions are indeed programmatic, always-on, and implemented between systems in the fabric of digital commerce. It is well to be noted that Agent Pay for Machines helps Mastercard network participants to get the trust and controls of the global network of the company for machine-driven commerce, thereby helping the AI innovators enable safe, dependable payments as software starts to transact on its own.</p>
<h3><strong>Building a new set of payments </strong></h3>
<p>The fact is that AI agents are no longer only assisting decisions. They are able to perform on human intent with coordination of services and complete transactions that are customized for their users.</p>
<p>For instance, an entrepreneur opening a flower shop could as well instruct an AI agent to go ahead and build as well as launch the web presence of the store, buying a domain name, hosting service, and images along with checkout pages within a specified budget, therefore turning one human-initiated requirement into a chain of transactions implemented automatically through providers.</p>
<p>Another instance would be a logistics agent managing one of the delivery routes could go ahead and pay for freight, reserve the loading bay access, buy temporary cold-chain tracking data, and settle the warehouse handling fees automatically as a shipment transits from origin to destination.</p>
<p>The fact is that payments don’t just increase. They change their form. They go on to become continuous, embedded, and permissioned as well as implemented at machine speed. And which is what creates a new need &#8211; infrastructure that can keep up.</p>
<p>In this fresh environment, businesses look out for peace of mind. Agents require the transactions to move instantly, with every transaction completed safely and as anticipated. Mastercard Agent Pay for Machines happens to be designed to go ahead and meet these requirements.</p>
<p>The service builds on Agent Pay of MasterCard program, which was introduced in 2025, by offering a system to enhance high-frequency, low-latency, low-value payments that are implemented by agents as well as machines. Where Agent Pay goes on to define how trusted AI agents participate in payments, Agent Pay for Machines is crafted for a complementary choice &#8211; automated, micro- and machine-driven transactions that go ahead and happen consistently in the background of digital commerce.</p>
<p>This is where the global network of MasterCard plays a major role. Mastercard Agent Pay for Machines happens to support credentialing and controls along with guaranteed settlement throughout multiple payment types, right from cards to stablecoins, helping organizations to roll out automated payments with the interoperability, dependability, and governance that the digital economy needs.</p>
<h3><strong>How it functions </strong></h3>
<p>Mastercard Agent Pay for Machines happens to establish a dependable system for machine-driven transactions by way of a set of foundational capabilities &#8211;</p>
<ul>
<li><strong>Credentialing &#8211;</strong> Every agent happens to be credentialed, and with the help of Verifiable Intent can indeed be recognized and transact with dependability across ecosystems.</li>
<li><strong>Permissioning &#8211;</strong> Organizations can set authorization rules as well as spending limits, which are programmatically enforced, making sure that transactions stay well within the defined parameters.</li>
<li><strong>Transacting &#8211;</strong> Verified participants can go ahead and connect and even transact throughout providers and systems, helping with continuous, high-frequency automated commerce.</li>
<li><strong>Settling &#8211;</strong> Supports dependable, guaranteed multi-rail settlement throughout cards and accounts as well as stablecoins.</li>
</ul>
<p>With all this, the transactions transit predictably, elevating the transparency and consistency levels.</p>
<h3><strong>Collaborating to scale an open ecosystem </strong></h3>
<p>Mastercard is partnering with a broad set of partners in order to validate priority usage cases, set up common rules and speed up adoption throughout the industries.</p>
<h3><strong>Supporting the forthcoming phase of digital commerce </strong></h3>
<p>Mastercard Agent Pay for Machines broadens efforts by Mastercard to help with trusted digital interactions, right from identity and authentication to dependable exchange of data, so that the businesses can go ahead and adopt new technologies sans compromising security, dependability, and reach they anticipate from the global network as big as Mastercard’s.</p>
<p>Together along with Agent Pay as well as Verifiable Intent, Mastercard Agent Pay for Machines happens to reflect continued investment by Mastercard in building trusted as well as open infrastructure for payments that are autonomous, agent-driven, and also machine-driven.</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/mastercard-introduces-agent-pay-for-machines-ap4m/">Mastercard Introduces Agent Pay for Machines – AP4M</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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		<title>New Nature Transition Model for the Finance Sector</title>
		<link>https://www.worldfinanceinforms.com/company-statements/new-nature-transition-model-for-the-finance-sector/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Sat, 13 Jun 2026 07:23:01 +0000</pubDate>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Company Statements]]></category>
		<guid isPermaLink="false">https://www.worldfinanceinforms.com/uncategorized/new-nature-transition-model-for-the-finance-sector/</guid>

					<description><![CDATA[<p>The finance sector adopts a nature transition model Paris and Oslo are pushing biodiversity deeper into investment mainstream as BNP Paribas Asset Management collaborates with Storebrand Asset Management to lead a new working group for the Finance for Biodiversity Foundation. The group will develop a nature transition model when it comes to financial institutions. It will be [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/new-nature-transition-model-for-the-finance-sector/">New Nature Transition Model for the Finance Sector</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<h2><strong>The finance sector adopts a nature transition model</strong></h2>
<p>Paris and Oslo are pushing biodiversity deeper into investment mainstream as BNP Paribas Asset Management collaborates with Storebrand Asset Management to lead a new working group for the Finance for Biodiversity Foundation.</p>
<p>The group will develop a nature transition model when it comes to financial institutions. It will be co-chaired by the head of climate and environment at Storebrand Asset Management, Emine Isciel, and Robert-Alexandre Poujade, biodiversity lead, BNP Paribas Asset Management. Julen Gonzalez, technical director of the Finance for Biodiversity Foundation, is going to coordinate the work.</p>
<p>The move comes as investors are increasingly being urged to consider the loss of nature as a financial risk, not just an environmental one. Biodiversity loss impacts food systems, land values, access to water, infrastructure, and insurance as well as supply chains. This creates both a portfolio exposure and a governance risk for asset managers as well as banks.</p>
<p>Biodiversity is a key pillar of the sustainability strategy of BNP Paribas Asset Management. In 2021, the firm launched its Biodiversity Roadmap. Its latest role builds on that work as part of a wider finance-sector effort aimed at practical tools for investment teams, asset owners, banks, and other financial institutions.</p>
<h3><strong>New Framework to Support Nature-Positive Finance</strong></h3>
<p>The Finance for Biodiversity Foundation working group will discuss how financial institutions can grow credible nature transition finance worldwide.</p>
<p>It will focus its work in three main areas. The first is to define the role of financial institutions in enabling nature-positive economic activity. The second is to convert that role into a practical framework for financial decision-making. Third, make sure the framework is consistent with the global nature-positive target.</p>
<p>The framework is designed to help investors recognize companies that are making credible progress towards better alignment with nature goals. It will draw on existing climate and nature guidance and emerging practice from the Finance for Biodiversity Foundation and the wider finance community.</p>
<p>The nature transition finance is still less developed than the climate transition finance for executives and investors. Many institutions have more explicit models for evaluating net-zero commitments than for assessing nature-based corporate action. The new framework is intended to fill that gap.</p>
<p>The work could raise expectations for companies around governance, disclosure, capital allocation, and operational change. For investors, it could allow for more consistent engagement with issuers across sectors exposed to nature risks.</p>
<h3><strong>BNP Paribas AM Sees Use Case Throughout Investment Platforms</strong></h3>
<p>It said the new framework could help investment teams at BNP Paribas Asset Management establish dedicated, standardized approaches across various investment platforms and fund offerings.</p>
<p>The firm said more clarity on the corporate nature of transition would help asset owners as well as clients. This could become more crucial as institutional investors respond to biodiversity loss, regulation, and demand for credible sustainability products.</p>
<p>The Biodiversity Lead, BNP Paribas Asset Management, said, “I am honoured to co-chair this new working group, which aims to harness the energy and ideas of the FfB community and partners. We heard the call that we need the equivalent of net zero for nature. That insight sparked the genesis of this initiative. Working towards a nature-positive financial system is an ambitious goal but could be difficult to achieve if nature remains absent from transition discussions and corporates lack financial incentives to transition. I look forward to implementing this nature transition model alongside our investment teams.”</p>
<p>His comments highlight a fundamental market issue. Without clear financial incentives, companies may find it difficult to act on nature. It may also be difficult for investors to judge progress without a common definition of credible shift.</p>
<p>A decision-useful framework might provide a clearer structure on both sides. It could also help finance teams tell the difference between high-level nature commitments and transition plans that are backed by measurable action.</p>
<h3><strong>Biodiversity &#8211; A Portfolio and Boardroom Issue</strong></h3>
<p>According to Global Head of Sustainability at BNP Paribas Asset Management, Jane Ambachtsheer, “There is growing awareness of the critical impact of biodiversity loss on the economy. By co-chairing this new working group, BNPP AM reinforces its commitment to be a leading player in the transition to a more sustainable economy. We look forward to continuing to evolve our partnership with the FfB Foundation, and to providing our clients with the tools and resources they need to take action.”</p>
<p>The message is loud and clear for the C-suite. Nature is stepping into the same strategic ring as climate and supply chain resilience as well as long-term capital planning.</p>
<p>The move also reflects a broader trend in sustainable finance. Investors are starting to ask companies if they can demonstrate solid transition strategies for all environmental systems, not just carbon. This involves land use, water, pollution, and impacts on ecosystems, as well as dependencies on biodiversity.</p>
<p>The framework could support the promotion of uniformity in market practice for policymakers as well as regulators. For asset owners, it could assist in stewardship priorities, manager selection, and product due diligence.</p>
<p>The global finance industry has been developing frameworks for climate risk as well as net-zero alignment for years. Nature now calls for an equivalent discipline. The participation by BNP Paribas Asset Management in the new working group is an example of how biodiversity is transitioning from specialist sustainability teams to the heart of investment decision-making.</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/new-nature-transition-model-for-the-finance-sector/">New Nature Transition Model for the Finance Sector</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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		<title>$300mn Financing for Digital Banking in Mexico by Banco Plata</title>
		<link>https://www.worldfinanceinforms.com/company-statements/300mn-financing-for-digital-banking-in-mexico-by-banco-plata/</link>
		
		<dc:creator><![CDATA[API WFI]]></dc:creator>
		<pubDate>Mon, 08 Jun 2026 13:11:35 +0000</pubDate>
				<category><![CDATA[Company Statements]]></category>
		<category><![CDATA[Technology]]></category>
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					<description><![CDATA[<p>In a recent update, Banco Plata announced commitments from Oaktree, Macquarie Group, and Fasanara Capital as well as Banco Covalto to a private credit facility of a maximum of $500 million, initially executed in December 2025 and led by Nomura. With this, $300mn financing for digital banking in Mexico is now a reality. The new [&#8230;]</p>
<p>The post <a href="https://www.worldfinanceinforms.com/company-statements/300mn-financing-for-digital-banking-in-mexico-by-banco-plata/">$300mn Financing for Digital Banking in Mexico by Banco Plata</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>In a recent update, Banco Plata announced commitments from Oaktree, Macquarie Group, and Fasanara Capital as well as Banco Covalto to a private credit facility of a maximum of $500 million, initially executed in December 2025 and led by Nomura. With this, $300mn financing for digital banking in Mexico is now a reality.</p>
<p>The new commitments are an extension of initial participation by Nomura and are designed to enhance the funding profile of the company as it embarks on its next phase of expansion.</p>
<p>It is well to be noted that this $300mn financing for digital banking in Mexico follows two major landmarks for the company. Banco Plata began full banking activities in Mexico in March 2026, and its parent company just closed a $405 million Series C financing round at a $5 billion valuation. The extra institutional debt capital improves the diverse funding strategy of the company, which is a mix of equity and customer deposits as well as institutional financing, remarked the company.</p>
<p>Plata intends to use the proceeds to aid in the continued growth of its banking activities across Mexico. The company said expanding its capital base happens to be a major part of its plan for long-term expansion as it expands its services along with its client base.</p>
<p>Interestingly, Plata was founded three years back and has become a technology-driven financial institution with more than 4 million active customers. The company has raised over $2B when it comes to debt and equity financing and built its own proprietary technology stack, which includes a core banking system, a platform related to customer relationship management and an AI-driven risk engine. It built its technology infrastructure in-house with a team of over 800 STEM professionals.</p>
<p>The lenders are a diverse array of institutional investors and financial organisations. Oaktree manages around $224 billion in assets and is known for its alternative investment approaches in credit and equity as well as real estate.</p>
<p>Fasanara Capital is an asset manager with over $4 billion in assets under management, specializing in fintech lending investments while encouraging over 140 fintech lenders in more than 60 countries. Banco Covalto, on the other hand, is a Mexican digital bank serving small- and mid-sized enterprises and mid-market companies with lending, banking, and payments as well as analytics solutions.</p>
<p>Plata stated the fact that these institutions joining the facility indicates a growing trust in the business model of the company and its funding structure as it aims to establish one of the leading digital banking platforms in Latin America.</p><p>The post <a href="https://www.worldfinanceinforms.com/company-statements/300mn-financing-for-digital-banking-in-mexico-by-banco-plata/">$300mn Financing for Digital Banking in Mexico by Banco Plata</a> first appeared on <a href="https://www.worldfinanceinforms.com">World Finance Informs</a>.</p>]]></content:encoded>
					
		
		
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