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South State Corporation Announces Merger with Park Sterling Corporation

April 27, 2017 | South State (NASDAQ:SSB) and Park Sterling (NASDAQ:PSTB) have announced the signing of a definitive merger agreement.

As quoted in the press release:
Combining the two companies will create a $14.5 billion in assets franchise operating throughout the Carolinas, Virginia and Georgia.

Headquartered in Charlotte, North Carolina, Park Sterling Corporation is the holding company  … Read More

Net Element’s PayOnline Expands its Suite of Services, Launches Online Instant Credit

April 26, 2017 | Net Element (NASDAQ:NETE) has announced that its PayOnline subsidiary has introduced an “Instant Credit”,  a feature that will allow online merchants sell goods and services on credit.

As quoted in the press release:
By integrating Instant Credit, merchants will receive the same settlement process inclusive of both bankcard and payables due from  … Read More

Mobi724 Global Solutions Announces Closing of Private Placement Offering for Gross Proceeds of Over $10 Million

April 24, 2017 | Mobi724 Global Solutions (CSE:MOS) has announced it has completed its private placement offering of special warrants, previously announced April 4 and April 6, 2017, issuing 29,538,203 special warrants at $0.35 each for gross proceeds of $10,338,371.05.

As quoted in the press release:
…which includes the exercise by GMP Securities L.P. (“GMP”), as  … Read More

First Global Establishes PayQwik™ FINTECH Labs

April 10, 2017 | First Global Data (TSXV:FGD) has announced the establishment of PayQwik™ FINTECH Labs.

As quoted in the press release:
The intent of the lab is to create innovation and disruption in the FINTECH space. The lab will provide a sandbox environment to explore new FINTECH ideas in areas including but not limited to cybersecurity,  … Read More