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Hodge Bank and Tramshed Tech partner for new cyber security focused incubator space business-live.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-live.co.uk Daily Mail and Mail on Sunday newspapers.
Hodge hires chief finance officer in expansion drive mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.
One of Wales most promising fintech start-ups secures equity boost to support growth plans Yoello has been backed by the only headquartered bank in Wales, Hodge 10:09, 15 APR 2021 Updated Sign up to FREE email alerts from BusinessLive - Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice One of Wales’ most promising fintech start-ups, Yoello, has secured investment from Hodge to support its ambitious global expansion plans. In its first equity investment, the value of which hasn’t been disclosed, the only headquartered bank in Wales has backed the Cardiff-based developer of an innovative mobile and payment platform that provides pubs and restaurants a cheaper, instantaneous and secure way to manage payments. ....
It will withdraw its products from the market including annuities and equity release Cardiff-based savings bank Hodge has sold its subsidiary Hodge Life Assurance (HLA) to Reinsurance Group of America (RGA). RGA will acquire 100% of the share capital in the life arm, according to the agreement. The financial terms of the deal were not disclosed, and the transaction is subject to regulatory approval. As a result of the acquisition, HLA will withdraw all of its products from the market, meaning that it will also stop selling annuities and equity release mortgages. The market withdrawal will be effective from 19 February 2021 at 5pm (GMT). ....