WILMINGTON- Fintech nCino Inc. (NASDAQ: NCNO), which sells cloud banking and digital transformation solutions for the global financial services industry, says Mitsubishi UFJ Capital has acquired an equity stake in its Tokyo subsidiary.
Mitsubishi Capital is the venture capital arm of the Mitsubishi UFJ Financial Group, and SMBC Venture Capital Co., Ltd., an affiliate of Sumitomo Mitsui Banking Corp.
The company also said it has named Itsuki Nomura, formerly of Dell Technologies, has been named general manager of nCino’s Tokyo office.
nCino partnered with Japan Cloud in 2019 to establish nCino K.K., after previously opening offices in London, Toronto and Sydney, to expand its international presence and help transform the Japanese financial services industry.
Japan Doesn t Want to Be Late with a Digital Currency paymentsjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentsjournal.com Daily Mail and Mail on Sunday newspapers.
FOCUS: Japan prepares for digital currency, in line with China and others
Japan is gearing up preparation for the issuance of digital currency in both public and private sectors following swift moves by China and some other countries to do the same.
Virtual money issued by central banks around the world is called central bank digital currency or CBDC, and is used for cashless payments via smartphones or electronic cards just as cash, while some private organizations, including one established by Facebook Inc., also plan to introduce their own digital currencies.
Different from credit cards and cashless payment services, digital currencies are expected to provide retailers commission-free payment systems while end-users are able to not only settle payments at stores but also quickly send money to others via their smartphone apps.
Japan prepares for digital currency, in line with China and others mainichi.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainichi.jp Daily Mail and Mail on Sunday newspapers.
Renewables Infrastructure Secures GBP500 Million ESG-Linked Facility
Fri, 18th Dec 2020 09:49
(Alliance News) - Renewables Infrastructure Group Ltd on Friday announced that it has refinanced and expanded its revolving credit facility at lower rates to support investments in renewable energy projects.
The GBP500 million facility is available to the investment firm for a three-year term, and the interest will be charged in respect of the renewed facility is linked to the company s Environmental, Social and Governance performance.
Performance targets include an increase in the number of homes powered by clean energy from Renewables Infrastructure s portfolio, a rise in the number of community funds supported, and the maintenance of a low Lost Time Accident Frequency Rate.