Category : Investments

Synthetaic Raises $15 Million in Series B Funding to Unlock Insights from Image Data with AI
Artificial Intelligence Fintech Investments News

Synthetaic Raises $15 Million in Series B Funding

Fintech News Desk
This latest round will accelerate customer acquisition and capture new market opportunities for Synthetaic’s AI-powered data analysis solutions. Synthetaic, a provider of advanced AI solutions, raised $15 million in Series B funding from new and existing investors. The round was co-led by Lupa Systems and TitletownTech, with participation from IBM......
ResearchAndMarkets.com Added “Nigeria Alternative Lending Market Business and Investment Opportunities Databook”
Finance Fintech Investments News

ResearchAndMarkets.com Added “Nigeria Alternative Lending Market Business and Investment Opportunities Databook”

Fintech News Desk
These findings ascertain that Nigeria’s medium to long-term growth narrative in the alternative lending sector is robust, paired with a forecast CAGR of 27.4% from 2023 to 2027. The sector is envisioned to expand from its US$146.6 million mark in 2022, reaching an impressive US$560.4 million by 2027. The “Nigeria......
Walmart.com customers round up to Spark Good for military families, helping raise more than $3.2 million for Operation Homefront
Fintech Investments News

Walmart and its Loyal Customers Raised Over $3.2 Million for Operation Homefront

Fintech News Desk
Customers shopping at Walmart.com support national nonprofit serving America’s military and veteran families Operation Homefront, the national nonprofit whose mission is to build strong, stable, and secure military families, announced today that Walmart and its loyal customers raised over $3.2 million for the organization. From October 23 to November 30, Walmart engaged customers......
ObjectiveHealth Announces Strategic Growth Investment from Vitruvian Partners
Fintech Investments News

ObjectiveHealth Announces Strategic Growth Investment from Vitruvian Partners

Fintech News Desk
Vitruvian’s investment will provide the capacity for ObjectiveHealth to expand its operations and continue its rapid pace of growth. ObjectiveHealth, an integrated specialty research network and technology company, announced  that it has secured a strategic growth investment from Vitruvian Partners, a  global growth-focused investment firm. “As we move into the......
Conning Survey: U.S. Insurers to Embrace More Portfolio Risk in 2024, Welcome AI Tools in Investment Process
Artificial Intelligence Fintech Investments

Conning Risk Assessment Survey of U.S. Insurers Released

Fintech News Desk
62% of U.S. P&C/life insurers expect to add investment risk in 2024 51% expect their allocations to private assets will be at least 20% in the next two years Three in four insurers using or piloting AI in investment process Conning, an insurance asset management firm released its third annual......
Solar Companies Raise $34.3 Billion in Corporate Funding in 2023, the Largest Amount in a Decade, Reports Mercom Capital Group
Fintech Investments News

Solar Companies Raise $34.3 Billion in Corporate Funding in 2023, the Largest Amount in a Decade, Reports Mercom Capital Group

Business Wire
Almost 45.4 GW of solar projects were acquired in 2023 Mercom Capital Group, a global clean energy communications and consulting firm, released its annual report on funding and merger and acquisition (M&A) activity for the solar sector in 2023 Total corporate funding, including venture capital (VC) funding, public market, and......
PredictAP Raises $8 Million in Series-A Funding To Automate Accounts Payable for the Real Estate Industry
Fintech Investments News

PredictAP Raises $8 Million in Series-A Funding To Automate Accounts Payable for the Real Estate Industry

Business Wire
As the company experiences rapid customer growth, this raise will support expansion as the leading Vertical SaaS platform across the U.S. and international markets PredictAP, a machine-learning enabled invoice ingestion & coding solution for real estate accounts payable (AP), today announced the close of its $8-million series A financing round.......
Castle Creek Capital Announces Signing of $30 Million Investment in FirstSun Capital Bancorp
Fintech Investments News

Castle Creek Capital Announces Signing of $30 Million Investment in FirstSun Capital Bancorp

Business Wire
Spencer T. Cohn will become Castle Creek’s board level representative at the Company after the merger closes. Castle Creek Capital, a private equity firm focused on investments in the community banking industry, today announced an agreement to invest $30 million in FirstSun Capital Bancorp (the “Company” or “FirstSun”), alongside other......
Climb Credit Goes Live With Scienaptic AI to Boost Efficiency and Inclusion in Education Funding
Artificial Intelligence Fintech Investments

Climb Credit Goes Live With Scienaptic AI to Boost Efficiency and Inclusion in Education Funding

Business Wire
Integrating Scienaptic’s AI platform with Climb Credit’s LOS empowers Climb Credit to make quicker and more inclusive credit decisions for both schools and students. Scienaptic, announced today that Climb Credit, an innovative student lending platform, has deployed Scienaptic’s AI platform as part of their Climb Credit Score® to improve access......
Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology
Fintech Investments News

Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology

PR Newswire
The round was led by Motive Ventures along with Tokio Marine Future Fund, marking a significant step in Korr’s journey to modernise insurance technology. Korr, an insurtech startup based in New York City, announces the closing of a $3.2 million seed funding round. The round was led by Motive Ventures......
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