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Spindle woes drag on

Spindle, Inc. ( OTCQB : SPDL ) ("Spindle" or "Company"), a leading provider of Unified Commerce solutions, today provided a shareholder update on the heels of filing its third quarter financial results.

Digital wealth manager Nutmeg raises £30m

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Digital wealth manager Nutmeg raises £30m

UK digital wealth management startup Nutmeg has raised £30 million in a funding round led by Hong Kong-based independent financial advisory firm Convoy.

Andreessen Horowitz invests in crowdsourced quant investment firm Quantopian

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Andreessen Horowitz invests in crowdsourced quant investment firm Quantopian

VC royalty Andreessen Horowitz has led a $25 million Series C funding round for Quantopian, a platform that crowdsources investment algorithms from its online community of amateurs.

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Vantiv agrees $425m Moneris USA acquisition

Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions, announced today its agreement to acquire Moneris Solutions, Inc. (Moneris USA) from Moneris Solutions Corporation (Moneris) for $425 million USD, subject to certain adjustments.

Overstock invests in blockchain voting firm SettleMint

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Overstock invests in blockchain voting firm SettleMint

Online retailer Overstock is furthering its efforts to build a crypto-trading platform by taking a stake in Belgian blockchain startup SettleMint.

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Paysafe on track to deliver improved revenues

Paysafe Group plc (LSE: PAYS, “Paysafe” or the “Group”), a leading global provider of payment solutions, issues the following scheduled trading update covering the period since the release of the Group’s Half-Year Results on 10 August, 2016.

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Zafin raises $10m

Zafin, a leading financial technology company serving financial institutions of all sizes, is pleased to announce the completion of a private financing arrangement with Vancouver-based Vistara Capital Partners and Beedie Capital Partners, committing a total of USD $10 million in additional growth capital to Zafin.

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First Data swings back into profit

First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, today reported financial results for the third quarter ended September 30, 2016. Consolidated revenue for the third quarter was $2.9 billion, up 1% versus the prior year period, or up 2% excluding currency impacts.

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CoInvestor secures seven figures in pre-series A funding round

CoInvestor, the alternative investment platform for sophisticated private investors, has raised £1.1million in additional capital in under two weeks as it seeks to accelerate growth following a successful six months since full launch.

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Arex raises EUR3 million to build invoice financing marketplace

AREX, a trading platform on which small and medium-sized businesses (SMBs) can sell their unpaid invoices to boost vital cash flow, today announces that it has raised €3m (£2.7m) in a round led by Finland’s Lifeline Ventures, alongside Robin Klein, general partner and co-founder at renowned London-based investors LocalGlobe.

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Wealthify hits £1m crowdfunding target

Wealthify, the online investment service, has exceeded its target to raise £1m through the crowd with a week still left of their campaign.

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ACI Worldwide revises guidance as renewals drag

ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced financial results for the quarter ended September 30, 2016.

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ING talks up tech in Q3 results statement

ING Bank 3Q16 underlying net result EUR 1,336 million, up 22.3% year-on-year, reflecting solid commercial momentum

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ION Investment Group closes Reval acquisition

ION Investment Group announced today that it completed its acquisition of Reval, a global provider of cloud-based solutions for treasury and risk management, on November 1st. Financial terms were not disclosed.

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Bats buys Javelin SEF

Bats Global Markets, Inc. (BATS) today completed its acquisition of Javelin SEF, LLC (Javelin), a swap execution facility (SEF).

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Goldman Sachs joins $16m funding round for regtech outfit Droit

Goldman Sachs, Pivot Investment Partners and Wells Fargo are leading a $16 million investment in Droit Financial Technologies (“Droit”), with participation from DRW, a principal trading firm.

Thomson Reuters to cut 2000 jobs

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Thomson Reuters to cut 2000 jobs

News and data giant Thomson Reuters is axing around 2000 jobs, mainly at its financial and risk business and the recently created enterprise, technology and operations group.

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AinFin raises £200K seed investment

The recently formed start-up AinFin Ltd has raised £200k seed investment.

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Mastercard third quarter net income jumps 21%

Mastercard Incorporated (MA) today announced financial results for the third quarter of 2016. The company reported net income of $1.2 billion, an increase of 21% versus the year-ago period, or 15% excluding a special item related to the termination of the U.S. employee pension plan taken in last year’s third quarter.

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NBC restructuring sees 600 jobs disappear and the creation of 500 knowledge-economy posts

National Bank of Canada ("National Bank") today announced that it expects to take a charge in its fiscal 2016 fourth quarter earnings relating to certain restructuring initiatives and write-offs of intangible assets totalling approximately $175 million, or $128 million after tax ($0.38 per share).

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