Digiliti MoneyRSS

Digiliti Money plans to delist from Nasdaq

Financial trouble in fintech paradise

Digiliti Money (DGLT), which is in merger negotiations with Urban FT, is planning to delist from the Nasdaq, according to its most recent SEC filing. Paybefore (Banking Technology‘s sister publication) reports that the Minneapolis-based mobile banking technology provider said it received notice from Nasdaq’s Listing Qualifications Department indicating its noncompliance with the stock market’s majority […]

Digiliti Money filing reveals deal progress

Financial trouble in fintech paradise

Digiliti Money may have gotten knocked down, but it’s not out. And neither is a revised bid from prospective buyer Urban FT.

Top fintech stories this week – 1 September 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Digiliti Money rejects Urban FT offer

Financial trouble in fintech paradise

Prospective buyer Urban FT, which first announced its desire to acquire mobile app technology company Digiliti Money (DGLT) on 16 August, reports that its revised offer for the company has been rebuffed. Paybefore (Banking Technology‘s sister publication) reports that DGLT has been silent since 14 August when it announced the delay of its second-quarter earnings […]

Urban FT throws Digiliti Money a life raft

Financial trouble in fintech paradise

Digiliti Money may be able to breathe a much-needed sigh of relief after a tumultuous few weeks, including declining revenues, appointing an interim CEO and the delay of its Q2 earnings report, writes Banking Technology‘s sister publication Paybefore. The Minneapolis-based company, which sells mobile financial services app technology, has an offer on the table from […]

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