Category : Finance

Business Finance News

Profi Launches All-in-One Solution for Professional Service Providers

Fintech News Desk
by Fintech News Desk0
Veteran tech executives launch vertical SaaS platform for professionals, from solopreneurs to professional services firms Profi, Inc. announced the launch of an innovative, secure, modern professional services solution for collaboration, program management, scheduling, billing, reporting, client and team management, and more. The Profi platform is a cloud-based service that helps......
Banking Finance Fintech News

Citi Releases 2020 Environmental, Social and Governance (ESG) Report

Fintech News Desk
by Fintech News Desk0
Citi released today its 2020 Environmental, Social and Governance (ESG) Report, an annual report that highlights the ways in which Citi is enabling progress and sustainable growth in communities across the world. This report and related summary not only detail the progress Citi has made on its longstanding ESG priorities over the past year,......
Finance Fintech News

Greenlight Raises $260 Million Led By Andreessen Horowitz To Expand Its Family Finance Platform And Improve Financial Literacy For The Next Generation

Fintech News Desk
by Fintech News Desk0
Valuation jumps from $1.2 billion to $2.3 billion in six months following record-setting growth Greenlight® Financial Technology, Inc., the fintech company on a mission to help parents raise financially-smart kids, announces the close of $260 million in Series D funding. The series was led by Andreessen Horowitz with participation from return......
Finance Fintech News

BANK OF AFRICA Selects Conpend TRADE AI App, via Finastra, to Digitize Trade Processes

Fintech News Desk
by Fintech News Desk0
Conpend’s TRADE AI app will help reduce risk and speed up trade finance transactions Finastra has announced BANK OF AFRICA, a pan-African financial group, has selected Conpend’s TRADE AI app from its open innovation platform, FusionFabric.cloud. The app extends the functionality of Finastra’s Fusion Trade Innovation technology and enables users to reduce document......
Finance Fintech Investment Services Investments News

Principal Financial Group Names Claudio Muruzábal to Board of Directors

Fintech News Desk
by Fintech News Desk0
Investor Day to be held on June 29 Principal Financial Group® announced that Claudio Muruzábal, president of SAP South Europe, Middle East, Africa and chairman of SAP Latin America & Caribbean, has been elected to the Principal® Board of Directors, effective July 1, 2021. “Best Places to Work in Money Management”......
Cryptocurrency Finance Fintech News

ShapeShift Publishes Report On Emerging Field Of Decentralized Insurance

Fintech News Desk
by Fintech News Desk0
Analysis reviews innovative, decentralized applications that help offset the financial risk associated with decentralized finance ShapeShift, an international, non-custodial cryptocurrency leader, released a new report in their “New Frontiers” series called “Spreading the Risk: Decentralized Insurance.” Each month, more money is locked into decentralized finance (DeFi) vehicles; and while many of these......
Banking Finance Fintech News

BGL Announces Closing of Multi-Acquisition Financing for Evercast

Fintech News Desk
by Fintech News Desk0
Brown Gibbons Lang & Company (BGL), a leading independent investment banking and financial advisory firm, is pleased to announce the closing of financing used to support two acquisitions by Evercast, a portfolio company of PNC Mezzanine Capital and Cornerstone Capital Partners. BGL’s Debt Capital Markets team served as the exclusive financial advisor......
Finance Fintech News

OpenFin Launches Workspace To Accelerate The Standardization And Openness Of The Industry

Chandni Maske
by Chandni Maske0
OpenFin, the operating system (OS) for enterprise productivity, today announced the launch of OpenFin Workspace, a revolutionary product that accelerates the vision of a truly open ecosystem within the financial industry. OpenFin is now used by 90% of global financial institutions and has more than 3,500 apps on 300,000 desktops. OpenFin......
Analytics Finance Fintech News

Arturo Raises $25 Million in Series B Funding For AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties

Fintech News Desk
by Fintech News Desk0
Already serving several leading property and casualty insurers globally, Arturo aims to further expand its geographic reach, while breaking into lending and other business sectors Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, raised $25 million in a Series B funding round......
Finance Fintech News

Vena Raises $300 Million in Series C Funding To Transform How Businesses Plan To Grow

Fintech News Desk
by Fintech News Desk0
Vista Equity Partners leads the round, one of the largest in Canadian tech Vena, the Complete Planning platform loved by finance and trusted by business, today announced it has raised $300 million in Series C funding. The minority round is one of the largest for a Canadian tech company and......
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