Finance

GraceKennedy makes strategic acquisition of another Nova Scotia subsidiary

Grace Kennedy Limited (GK) is acquiring Scotia Insurance Caribbean Limited which is a subsidiary of the overall Nova Scotia conglomerate of companies. The declaration comes a year after GK's procurement of one more Bank of Nova Scotia auxiliary, Scotia Insurance...

Sagicor is on the verge of Acquiring Canadian insurance firm Ivari

Sagicor Financial Company Limited (SFC) is entering the Canadian protection market in the wake of going into a conclusive consent to obtain center market individual life back up plan Ivari in an exchange esteemed at CA$325 million (US$251.27 million)...

Canopy Insurance is expanding into the individual insurance market

Canopy Insurance has uncovered plans to enter the singular extra security business as soon as the second quarter of the following year. Individual extra security alludes to a life coverage strategy covering a solitary life, rather than bunch disaster protection,...

Rita Humphries-Lewin: A Pivotal Figure In The Shaping Of Jamaica’s Modern Finance

If you travel around Jamaica, you might notice one of those Barita billboards advertising to clients the potential of good returns if they invest with their company. Barita Investments Ltd (BIL) is a vital investment company within Jamaica, recently...

NCB looking to raise USD $300 million on the international market

National Commercial Bank Jamaica (NCBJ), plans to bring US$300 million up in new obligations on the global market, to be gotten by future receipts from two worldwide card organizations. NCBJ has used the financing structure for a long time, bringing...

iCreate Limited steadily grows profits as the company looks to expand

iCreate income for the subsequent quarter (April to June) improved by 123% to $34.50 million emerging from a blend of new business clients alongside existing open doors in its pipeline which was shut during the period. They bought a majority...

Latin American fintech company “Rebill” gets major boost from Tiger Global and Y Combinator in funding  

Rebill, an Argentina-based startup, raised $3.6 million to keep building automated payment collection and subscription management tools for Latin America. The subsidizing declaration incorporates $600,000 from a pre-seed tranche. The $3 million seed round was driven by Tiger Global Management...

Sagicor X Fund outperforms last year’s numbers

The Sagicor real estate and hospitality venture vehicle Sagicor Real Estate X Fund Limited is revealing better monetary execution from January to June, with a net benefit of $110 million, a circle back from its more than $47-million deficit...

Dolla Financial sends takeover bid to Access Financial

Dolla Financial Services Limited (DOLLA) has shown keen interest in Access Financial Limited (AFS), reports are coming out that a letter was sent to Access Financial's board of directors which suggests a takeover bid is insights from Dolla. These two...

Access Financial gets approval to provide microcredit services

Access Financial Services Limited (AFS) has been given the green light from the Bank of Jamaica (BOJ) to operate as a microfinance institution. This license also ensures that Access Financial Services will operate under the Microcredit Act, 2021, and...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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