Tagged: t. rowe price

Financial Institutions Join Avalanche “Evergreen” Subnet to Support On-Chain Finance Innovation

The Evergreen Subnet, “Spruce,” has been launched with an initial cohort of institutional partners that includes T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland. Participating institutions will be using Spruce “as a testnet for a variety of applications and assets to measure the benefits… Read More

Indian Digital Payments Firm Paytm’s Parent One 97 Communications Secures $660 Million from AliPay, Softbank’s SVF Panther, Others

Indian online payments company Paytm’s parent has secured 4,724 Crore (appr. $660 million) from several large investors including Alibaba’s Alipay, SoftBank’s SVF Panther (Cayman) and investments are overseen by T Rowe Price. The board members of One 97 Communications Ltd, Paytm’s parent, will be allocating… Read More

Cloud-based Bank Operating Solution Provider nCino Raises $80 Million in Latest Funding Round

North Carolina-headquartered nCino, which has created a cloud-based operating system for financial service providers, raised $80 million through an investment round led by T. Rowe Price Associates Inc. San Francisco-based Salesforce Ventures also took part in nCino’s funding round, which brings the Wilmington company’s total… Read More

Lending Club P2P Platform Acquires Springstone

P2P lending platform Lending Club has announced the acquisition of Springstone Financial for $140 million in stock and cash.  Springstone is a financial service business that provides affordable options for consumers looking to finance private education and medical procedures.  Springstone brings along a network of over… Read More

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