Category : Investments

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
by Fintech News Desk0
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
by Business Wire0
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
by Business Wire0
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
by Business Wire0
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
by Business Wire0
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
by PR Newswire0
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......
New Study: 99% of Retail Execs Predict Tech Surge With Double-digit Investment Increases
Fintech Investments News

SoftServe Releases New Study on Retailer Technology

Fintech News Desk
by Fintech News Desk0
Tech investments expected to rise 10% on average in 2024, according to new survey results published by SoftServe SoftServe, a IT consulting and digital services provider, announced the results of its newest study on retailer technology, which found 99% of the 100 retail executives from large enterprises surveyed predict a......
Safe Software Receives Strategic Growth Investment from JMI Equity
Fintech Investments News

Safe Software Receives Strategic Growth Investment from JMI Equity

Business Wire
by Business Wire0
The Investment will support continued expansion of safe software’s enterprise solutions offering and the company’s strong growth trajectory Today, Safe Software (Safe), the leading enterprise integration company with unrivalled support for spatial data, announced that JMI Equity (JMI) has made a strategic growth investment in the high growth, enterprise solutions provider. Safe provides solutions......
Investment Opportunities Abound in 2024, Say Natixis Affiliated Investment Managers
Fintech Investments News

Investment Opportunities Abound in 2024, Say Natixis Affiliated Investment Managers

Business Wire
by Business Wire0
Portfolio Managers, Strategists and Executives from Natixis Investment Managers, AEW Capital Management, Flexstone Partners, Gateway Investment Advisers, Harris Associates, Loomis Sayles, Mirova, and Vaughan Nelson Investment Management Provide 2024 Market Outlooks n 2023, a bull market in stocks surprised while bonds saw an uptick in performance during the fourth quarter.......
Knownwell Secures $2 Million in Pre-seed Round Funding to Develop Intelligent Enterprise Operating System for Professional Services
Fintech Investments News

Knownwell Secures $2 Million in Pre-seed Round Funding to Develop Intelligent Enterprise Operating System for Professional Services

PR Newswire
by PR Newswire0
AIaaS platform company will use investment to build an AI-powered platform that helps executives drive client-driven operations and high-level execution Knownwell, a pioneering AIaaS (Artificial Intelligence as a Service) platform company, is proud to announce the successful closure of a $2 million pre-seed round. This funding marks a significant milestone in Knownwell’s......
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