Month : September 2023

Story Protocol Launches With Over $54 Million in Funding Led by Andreessen Horowitz
Cryptocurrency Fintech Funding News

Story Protocol Launches With Over $54 Million in Funding Led by Andreessen Horowitz

Business Wire
Story Protocol is building the infrastructure layer to power a new era of open and collaborative IP. The project launches with filmmaker David S. Goyer as an advisor. Story Protocol, an open infrastructure designed to power a new era of creativity and intellectual property (IP) ownership, has raised over $54 million in......
Applied Industrial Technologies Acquires Bearing Distributors and Cangro Industries
Investment Services News

Applied Industrial Technologies Acquires Bearing Distributors and Cangro Industries

Business Wire
Strategic Investment Within Applied’s Core Service Center Network Applied Industrial Technologies announced the acquisition of both Bearing Distributors, Inc. (Bearing Distributors) and Cangro Industries, Inc. (Cangro), providers of bearings, power transmission, industrial motion, and related service and repair capabilities. Bearing Distributors is based in Columbia, South Carolina, while Cangro is......
Bluevine Expands FDIC Insurance Protection Up To $3 Million For Business Banking Customers
Banking InsurTech News

Bluevine Expands FDIC Insurance Protection Up To $3 Million For Business Banking Customers

Business Wire
Bluevine, the one-stop digital banking platform specifically designed for small businesses, announced expanded FDIC insurance coverage of up to $3 million through Coastal Community Bank, Member FDIC, and program banks in a sweep network, automatically offering Bluevine account holders coverage of up to 12x the industry standard of $250,000. The......
Mujin Secures $85 Million in Series C Funding to Accelerate Adoption of Intelligent Robotic Automation
Investment Services News

Mujin Secures $85 Million in Series C Funding to Accelerate Adoption of Intelligent Robotic Automation

Business Wire
Japan’s fastest-growing intelligent robotics company, Mujin, secures capital to pave the way for a new era of robotic automation Mujin, a leader in intelligent robotics for manufacturing, logistics, and supply chain operations, has successfully raised $85 million in its Series C funding round, reflecting the company’s rise to market leadership.......
Partners Life Launches Medical Claims on the FINEOS Platform
InsurTech News

Partners Life Launches Medical Claims on the FINEOS Platform

Business Wire
Case study shows New Zealand life and health insurer with better outcomes, enhanced client experience in first use of FINEOS LISA for medical claims Partners Life, one of New Zealand’s largest private life and health insurance companies, has become the first insurer to successfully launch medical claims on the FINEOS......
Interactive Brokers Introduces Long-Term Investment (TBSZ) Accounts in Hungary
Investment Services News

Interactive Brokers Introduces Long-Term Investment (TBSZ) Accounts in Hungary

Business Wire
Investors Benefit from Professional Pricing and Global Trading Capabilities Interactive Brokers, an automated global electronic broker, announced the introduction of long-term investment (TBSZ) accounts, offering Hungarian tax residents the opportunity to take advantage of significant tax reductions on their investments. TBSZ accounts provide a favorable tax structure for wealth building......
Gemspring Capital Acquires Midland Industries
Fintech News

Gemspring Capital Acquires Midland Industries

PR Newswire
Gemspring Capital Management, LLC (“Gemspring”), a middle-market private equity firm, is pleased to announce that an affiliate has acquired Midland Industries, LLC (“Midland” or the “Company”), a manufacturer and distributor of pipe, valve, and fitting products across North America. Existing investor Wynnchurch Capital, L.P. (“Wynnchurch”) will retain a minority stake in......
PlanScout Acquires Financial Planning Software SIPS RPS And Launches Outsourced Planning Service For Independent Financial Advisors
Fintech News

PlanScout Acquires Financial Planning Software SIPS RPS And Launches Outsourced Planning Service For Independent Financial Advisors

PR Newswire
PlanScout, a startup founded by fintech and business transformation veterans Raygar Khailany and John Murray, acquired the SIPS Retirement Planning System (SIPS RPS) as part of its strategy to provide outsourced financial planning services to financial advisors. Latest Fintech Interview : Global Fintech Interview with Olivier Thierry “OT”, CRO at HungerRush......
Josys Raises $93 Million in Series B Funding to Revolutionize Global IT Operations
Fintech Funding News

Josys Raises $93 Million in Series B Funding to Revolutionize Global IT Operations

PR Newswire
Josys, a leading SaaS and Device Management Platform, announced a successful Series B funding round of $93 million, bringing its total funding to $125 million. Global Brain and Globis Capital Partners led the round. Since its Series A raise of $32 million last September, the company has witnessed a tenfold increase in revenue......
Glory Star Announces Closing of $20 Million Strategic Investment
Artificial Intelligence Cloud News

Glory Star Announces Closing of $20 Million Strategic Investment

PR Newswire
Glory Star New Media Group Holdings Limited, a leading digital media platform and content-driven e-commerce company in China, announced that it closed its private placement pursuant to the Share Subscription Agreement, dated August 16, 2023, and will issue an aggregate of 8,064,516 ordinary shares, at a purchase price of $2.48 per share for an......
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