“Despite all the good assurances of St. John’s remaining the head-office city, it means we have lost another Canadian champion, with the potential to be one of the foundations of a homegrown technology sector with oomph and significance.”. Verafin Inc. filed as a Foreign For-Profit Corporation in the State of Texas on Monday, December 20, 2010 and is approximately eleven years old, as recorded in documents filed with Texas Secretary of State.A corporate filing is called a foreign filing when an existing corporate entity files in a state other than the state they originally filed in. SME. Thank you for your patience. Nasdaq Inc. NDAQ, -1.28% announced Thursday a deal to buy privately held anti-financial crime management company Verafin … Within the next four years it will be Volkswagen competing with Tesla for the crown of most EV sales globally, according to UBS. Top 100. The purchase price, at 19.5 times expected 2021 revenue, reflects Verafin’s rapid expansion, with a compound annual revenue growth of approximately 30 per cent over the past three years. That means: If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour. Market Activity. NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the “Company”) (Nasdaq: NDAQ) today announced that it priced a public offering of $600,000,000 aggregate principal amount of … We aim to create a safe and valuable space for discussion and debate. Welcome to The Globe and Mail’s comment community. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Welcome to The Globe and Mail’s comment community. Verafin, the world’s largest financial crime management software company, announced today the completion of a C$515 million equity and debt recapitali Nasdaq Inc. Verafin will become a key part of Nasdaq’s fraud-detection infrastructure, and the U.S. exchange operator intends to introduce Verafin technology to larger banks as well as to banking customers across Europe. Nasdaq Inc. agreed to acquire Verafin, a provider of technology that fights financial fraud and money laundering, for YS$2.75 billion in cash. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? NDAQ Quick Quote. It began by providing fraud-detection software to local banks and credit unions, and now serves more than 2,000 customers in Canada and the United States. Viewed 29,462 times 2021 Winner. Verafin employs about 600 people in St. John’s and its executive team will stay on to lead the next phase of growth. With shares up 18% so far this year, the average price target of $145.28, implies another 15% upside potential lies ahead over the coming year. Nasdaq borrows $1.9 billion to buy financial crime-fighting platform Verafin Published: Dec. 7, 2020 at 7:45 p.m.