Welcome to our dedicated page for Enfusion news (Ticker: ENFN), a resource for investors and traders seeking the latest updates and insights on Enfusion stock.
Enfusion Inc (ENFN) delivers cloud-native investment management solutions through its integrated SaaS platform, serving hedge funds and institutional investors worldwide. This news hub provides investors and financial professionals with timely updates on corporate developments, product innovations, and strategic initiatives shaping the fintech landscape.
Access official press releases covering earnings announcements, leadership changes, and platform enhancements alongside curated analysis of ENFN's market position. Our repository tracks critical updates including regulatory compliance milestones, partnership agreements, and technology expansions across global markets.
Key content categories include quarterly financial results, risk management feature releases, and executive commentary on industry trends. The curated collection enables users to monitor how ENFN addresses operational challenges in portfolio management while maintaining compliance across multiple jurisdictions.
Bookmark this page for streamlined access to verified information about Enfusion's cloud-based solutions. Check regularly for updates demonstrating the company's commitment to unifying investment workflows through real-time analytics and data integrity.
Plate IQ appoints Andy Roberts as chairman of the board to accelerate its growth in the hospitality software and payments sector. With over 40 years of B2B payments experience, Roberts previously led VPay and Fleet One. His leadership is expected to enhance Plate IQ's strategy in digital payments, targeting verticals like restaurants and hotels. The company processes over $1 billion in vendor payments annually and serves more than 20,000 customers. This appointment is seen as pivotal for capitalizing on the shift to automated workflows amid ongoing labor shortages.
Enfusion reported strong fourth-quarter revenue growth of 41% year-over-year, totaling $31.9 million. The company's Platform Subscriptions revenue rose 39% to $28.9 million, driven by new client additions and existing client growth. Despite the revenue increase, Enfusion posted a net loss of $293.9 million for the quarter, compared to a net income of $12.2 million a year earlier. For 2022, Enfusion anticipates total revenue between $147 million and $150 million, with a projected Adjusted EBITDA of $32.8 million to $33.8 million.
FTV Capital has successfully closed FTV VII, its largest fund to date, with commitments of
Enfusion, a leader in cloud-native investment management software, will release its fourth quarter fiscal year 2021 financial results post-market on March 24, 2022. A conference call will follow at 2:00 PM PT / 5:00 PM ET to discuss results and offer financial guidance. Investors can access the call by dialing (844) 200-6205 domestically or (929) 526-1599 internationally, using conference ID 738165. Enfusion serves over 650 investment managers globally, facilitating real-time data-driven intelligence across all office teams.
Enfusion, Inc. (NYSE: ENFN) announces the retirement of founder Tarek Hammoud from its Board of Directors. Hammoud, who founded the company over 25 years ago, expressed pride in the firm's achievements and confidence in its leadership team for future growth. CEO Thomas Kim praised Hammoud's contributions and emphasized the importance of continuing the company's strategic initiatives. Enfusion provides cloud-native investment management software services, partnering with over 650 investment managers globally.
Enfusion, Inc. (NYSE: ENFN) has announced the promotion of Iris Xinwei Wang to Chief Strategy Officer and Lotte Tønsberg to Head of Sales for EMEA. These promotions underscore Enfusion’s commitment to global expansion and internal talent development. Iris, based in New York, will drive strategic initiatives and has a robust background in strategy, including tenure at Bridgewater Associates and Boston Consulting Group. Lotte will focus on business development across Europe, the Middle East, and Africa, building on her successful track record since joining Enfusion in 2020.
Enfusion, Inc. has partnered with Coinbase Global Inc. to integrate systems for seamless cryptocurrency trading, marking Coinbase's first collaboration with an OEMS provider. This connection will enable financial institutions to view and trade crypto alongside traditional assets using Enfusion's platform. Expected to be completed in Q2 2022, this integration aims to meet rising institutional demand for crypto exposure. Enfusion supports diverse asset classes and has established itself as a leader in investment management software.
Enfusion, Inc. (NYSE: ENFN) has launched significant updates to its mobile app, enhancing its front-to-back-office investment management platform. The app now offers real-time access to portfolio management, compliance monitoring, and secure document sharing for portfolio managers and traders. With over 680 investment managers utilizing their cloud-based services, the app's functionalities include robust order and execution management, enabling seamless trading regardless of physical location. This innovation aligns with industry trends towards increased decentralization and flexibility in asset management.
Enfusion, a cloud-based investment management software provider, has announced the opening of its first office in Sydney, Australia. This expansion aims to meet the growing demand for operational solutions from investment managers in Australia and New Zealand. CEO Thomas Kim highlighted the company's commitment to enhancing service for existing clients and expanding their global presence, having already entered the Asia-Pacific market in 2019. The Sydney office marks their tenth global location, reinforcing Enfusion’s strategy to offer customized SaaS solutions worldwide.
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