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4 results for "Genesis"

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Genesis Global Secures $20M from BofA, BNY Mellon, and Citi

Genesis Global, a low-code platform for financial markets, raised $20 million from major banks including Bank of America, BNY Mellon, and Citi. The investment follows a $200 million Series C earlier in 2022 and signals major bank interest in low-code infrastructure for financial services.

Jul 1, 2022

Circle Raises $25M to Expand USDC Stablecoin API Platform Services

Circle raised $25 million from Digital Currency Group to enhance its Platform Services suite, which provides businesses and developers with APIs for USDC stablecoin integration in payments, commerce, and financial applications. The funding supports yield and lending services built on stablecoin infrastructure.

Jul 30, 2020

Genesis Financial Launches Epoint Embedded Finance Program with U.S. Banks

Genesis Financial, Inc. announced the launch of its Epoint program, an integrated suite of embedded financial services delivered through partnerships with regulated U.S. banks. The program bundles secure debit cards for retail and online purchases targeting U.S. and Latin American markets. The company was finalizing agreements with several U.S. banks at the time of its SEC filing.

Feb 22, 2018

Genesis Financial Completes Exchange Agreements with EPOINT and Fintech Holdings

Genesis Financial, Inc. completed a Capital Stock Exchange Agreement with EPOINT Payment Corp. and a Membership Interest Exchange Agreement with Fintech Holdings LLC. The transaction was structured as a reverse business combination under ASC 805. EPOINT also signed a Membership Interest Purchase Agreement for SmartPay Leasing LLC valued at $48.5 million in cash plus assumed liabilities.

Feb 15, 2018