Cachet Financial SolutionsRSS

Digiliti Money delays earnings report, weighs sale or bankruptcy

Financial trouble in fintech paradise

Instead of reporting its second-quarter earnings, Digiliti Money plans to file for an extension with the US Securities and Exchange Commission (SEC) after its accounting firm flagged problems with its previous financial reports.

Digiliti Money evaluates go forward strategy as founder quits and revenue falls

Digiliti Money logo

US-based fintech Digiliti Money (formerly Cachet Financial Solutions) is pondering its future in the light of financial troubles and the resignation of its founder, chairman and CEO, Jeffrey Mack.

Cachet prices public offering, looks toward $9.3m payday

Cachet Financial Solutions

Minneapolis-based Cachet Financial Solutions expects to raise nearly $9.3 million in its public offering this week, according to a US Securities and Exchange Commission filing. Paybefore (Banking Technology‘s sister publication) reports that Cachet, a remote deposit capture and mobile money solutions provider, priced its offering at $4.50 per share; and plans to use the proceeds […]