Financials

CardChamp will work out of its downtown Pittsburgh headquarters. CardChamp president and founder, Jimi Romanus, will continue to oversee CardChamp business and operations. The acquisition provides CardChamp with access to Pineapple Payments’ proprietary payments technology and suite of omni-channel payment...

World Council of Credit Unions (WOCCU) invited a dozen executives from Peru’s Cooperativa de Ahorro y Credito Santo Cristo de Bagazan and El Salvador’s Federation of Savings and Loan Cooperative Associations (FEDECACES) to take part in the three-day Pasantia...

Brex, the credit card built for scaling business announced it closed a $100m (£78.5m) investment round led by Kleiner Perkins Digital Growth Fund, with participation from all existing major investors including Y Combinator Continuity, Ribbit Capital, DST Global, Greenoaks...

Capital Institutional Services (CAPIS), an institutional securities broker/dealer, has completed the acquisition of Financial Technology Securities from Innovest Systems. Effective January 2, 2019, FinTech Securities, an Atlanta, Georgia-based broker/dealer that provides trading solutions to institutional money managers, was acquired by...

Oracle has moved to add bandwidth and security to its cloud portfolio with the acquisition of Talari Networks, a software-defined networking specialist. Terms of the acquisition announced on Thursday (Nov. 15) were not disclosed. Oracle expects the deal to close...

Mizuho Financial Group, Inc. (President & CEO: Tatsufumi Sakai), Cyberport (Chief Executive Officer: Peter Yan), and Hong Kong Science & Technology Parks Corporation (HKSTP; Chief Executive Officer: Albert Wong) have concluded a memorandum of understanding (MOU) for business cooperation...

Lower taxes and strong results from its insurance operations helped Warren Buffett's Berkshire Hathaway (BRK) double operating profit in the quarter ended Sept. 30. Berkshire reported an operating profit of $6.88 billion, up from $3.44 billion from the same...