Category : Finance

Capital Markets Finance News

Charles Fisher Joins Turo as Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Leading peer-to-peer car sharing marketplace, Turo, announced that Charles Fisher will be joining the company as its new Chief Financial Officer. Fisher will lead all aspects of the company’s finance, investor relations, and accounting functions and will be responsible for optimizing financial operations and delivering profitable growth. “Chuck deeply believes in our......
Finance News

Principal Financial Group Migrates to the FINEOS Platform to Deliver Advanced Digital Capability

Fintech News Desk
by Fintech News Desk0
The cloud-based FINEOS Platform will enable the carrier to streamline their customer experience and adapt to changing customer expectations FINEOS Corporation, a leading core system provider for the global life, accident and health insurance industry, announced that Principal Financial Group will be migrating from their on-premise FINEOS Claims system to......
Finance Fintech Investment Services News

Prudential Financial releases first Environmental, Social and Governance (ESG) Summary Report

Fintech News Desk
by Fintech News Desk0
Report details newly disclosed EEO-1 and pay equity data Prudential Financial, Inc. has released an Environmental, Social and Governance (ESG) Summary Report, which highlights sustainable actions by the company related to its environmental footprint, diversity and inclusion, talent and governance. The report, published alongside Prudential’s 2020 Annual Report and Proxy Statement,......
Finance Fintech News

Traverse Fund Portfolio Company Cloud Elements Acquired by UiPath

Fintech News Desk
by Fintech News Desk0
The acquisition is the first in 2021 for Mercato Partners’ Traverse Fund Traverse, Mercato Partners’ growth fund, announced the acquisition of Cloud Elements, by UiPath, a global leader in enterprise automation software for an undisclosed sum.  Part of the Mercato Traverse Growth Fund III, Denver-based Cloud Elements specializes in API integration and management and complements UiPath’s comprehensive portfolio of solutions. “Cloud Elements has......
Finance Investment Services Investments News Trading

ServiceTitan Announces $500 Million Investment Led By Tiger Global Management and Sequoia Capital Global Equities

Fintech News Desk
by Fintech News Desk0
The Series F financing values the company at $8.3 billion ServiceTitan, the world’s leading provider of software for the trades, announced a $500 million round at an $8.3 billion valuation. The round was led by Tiger Global Management and Sequoia Capital Global Equities with participation from H.I.G. Growth Partners. Existing investors participated, including......
Banking Business Finance News

Non-Bank Lender Leading the Way in Small Business Funding

Fintech News Desk
by Fintech News Desk0
As many enterprising small business owners would know, getting finance can be a major thorn in the side, with one in every four small and medium enterprises (SMEs) getting rejected by banks. According to the Australian Banking Association, 60 per cent of aspiring small business owners say that access to......
Finance Fintech News

Discover Announced as 2021 CIO 100 Award Winner for Cloud Data Fabric Platform

Fintech News Desk
by Fintech News Desk0
CIO 100 award recognizes excellence and innovation in IT Discover Financial Services was selected as a 2021 CIO 100 award winner. For over 30 years, the CIO 100 awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT. “We are......
Cryptocurrency Finance Fintech News

MiMo DeFi Protocol World’s First Decentralized Lending Platform to Mint Euro Stablecoin PAR

Fintech News Desk
by Fintech News Desk0
Lock up your WBTC, ETH and USDC to mint PAR tokens and earn high-yield APYs through Liquidity Mining Pools MiMo DeFi has recently revamped its Web App and Wallet with a simple and straightforward UI/UX and added more cryptocurrencies, such as ETH, WBTC and USDC, for vault lockup to mint Euro......
Finance Fintech News

Personetics Patents Automated Cash-Flow Based Savings US Bank First to US Market

Fintech News Desk
by Fintech News Desk0
Personetics, the leading global provider of AI-powered personalization used by the world’s top Financial Institutions, announced that it has patented a solution that automatically helps customers intelligently save or invest funds based on their cash flow patterns. “Pay Yourself First” (PYF) addresses a need in the market for customers that......
Finance Investment Services Investments News

Slate Asset Management Announces US$2.33 Billion Portfolio and Platform Acquisition from Annaly Capital Management, Inc.

Fintech News Desk
by Fintech News Desk0
Transaction demonstrates Slate Asset Management’s ability to execute complex transaction at opportunistic time in the market cycle Slate Asset Management (“Slate”), a leading alternative asset management platform with a focus on real estate, has announced the acquisition of the Commercial Real Estate Business (“ACREG”) of Annaly Capital Management, Inc. (“Annaly”)......
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