Search Results for: business insurance

Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023
Finance Fintech News

Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023

PR Newswire
by PR Newswire0
The company’s focus on client trust, automation, and an expanded product line have created a highly profitable and growing business Wealthfront, a leading consumer fintech and pioneer of the robo-advisor industry, is proud to announce that the company now oversees more than $50 billion in assets for over 700,000 clients, largely young......
Fidelity National Financial, Announces Intent to Invest Approximately $250 Million In Majority-Owned Subsidiary F&G
Investment Services News Uncategorized

Fidelity National Financial, Announces Intent to Invest Approximately $250 Million In Majority-Owned Subsidiary F&G

PR Newswire
by PR Newswire0
Fidelity National Financial, announced its intent to invest approximately $250 million in F&G Annuities & Life, . (F&G).  FNF held approximately 85% ownership in F&G as of September 30, 2023. F&G will use net proceeds from the investment to support the growth of assets under management, as it capitalizes on opportunities in......
Global Times: Beijing’s Innovation, Opening-up Efforts in Financial Sector More Attractive for Foreign Players
Fintech News

Global Times: Beijing’s Innovation, Opening-up Efforts in Financial Sector More Attractive for Foreign Players

PR Newswire
by PR Newswire0
With more than two hundred driverless logistical vehicles running in designated parks in Beijing, Yu Enyuan, CEO of Neolix, a start-up specializing in making these vehicles, expressed gratitude for the burgeoning business when looking at a huge screen which vividly displayed the busy scene in Neolix’s exhibition room in southeastern Beijing’s Yizhuang area.......
Bumble Inc. Announces Third Quarter 2023 Results
Finance Fintech News

Bumble Inc. Announces Third Quarter 2023 Results

Business Wire
by Business Wire0
Total Revenue Increased 18% to $276 Million Bumble App Revenue Increased 23% to $222 Million Bumble App Paying Users Increased 25% to 2.6 Million; Grew 147,000 Quarter Over Quarter Net Earnings of $23.1 Million, Adjusted EBITDA of $75.3 Million Share Repurchase Program Increased to $300 Million Bumble Inc. today reported financial......
Brillio Collaborates with Microsoft to Build Innovative Industry Solutions Using Microsoft Azure OpenAI Service
Artificial Intelligence Fintech News

Brillio Collaborates with Microsoft to Build Innovative Industry Solutions Using Microsoft Azure OpenAI Service

PR Newswire
by PR Newswire0
Brillio, a leading digital transformation services and solutions provider, today announced that it is collaborating with Microsoft to co-develop cutting-edge industry and horizontal solutions using the power of Microsoft Azure OpenAI Service. Combining Brillio’s extensive industry and digital expertise with Microsoft’s AI and analytics platforms, these intelligent solutions ─ to......
Uber Announces Results for Third Quarter 2023
Finance Fintech News

Uber Announces Results for Third Quarter 2023

Business Wire
by Business Wire0
Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency basis Net income of $221 million; Income from operations of $394 million; Adjusted EBITDA margin at all-time high Operating cash flow of $966 million;......
Lingang Supports Foreign Companies To Achieve High-quality Growth In China
News Trading

Lingang Supports Foreign Companies To Achieve High-quality Growth In China

PR Newswire
by PR Newswire0
The Sixth China International Import Expo (CIIE) will be held from November 5 till 10 in Shanghai. It is not only a platform for exhibitors and purchasers to meet and exchange ideas, but also a great venue for Chinese park operators to show their capabilities and services. At the Lingang Group Exhibition......
Boston Financial Closes $164 Million National Multi-Investor Fund
Fintech Investments News

Boston Financial Closes $164 Million National Multi-Investor Fund

Business Wire
by Business Wire0
Boston Financial, the largest and most established syndicator of U.S. Low-Income Housing Tax Credits (“LIHTC”), today announced the closing of Boston Financial Institutional Tax Credits 59 Limited Partnership (“ITC 59”), a $164 million LIHTC fund. ITC 59 is the second multi-investor LIHTC fund syndicated by Boston Financial this year, representing......
Cost of Living: Report Reveals Most Expensive and Most Affordable Largest U.S. Cities
Finance Fintech

Cost of Living: Report Reveals Most Expensive and Most Affordable Largest U.S. Cities

Business Wire
by Business Wire0
While the Average American Spends $2,046 per Month on Household Bills, San Jose, CA is the Most Expensive City at $3,504 per Month, and Detroit, MI is the Most Affordable at $1,571 per Month A new report released today by doxo uncovers Americans’ cost of living based on the amount spent on......
Risk Strategies Acquires Fairmount Benefits Company
InsurTech News

Risk Strategies Acquires Fairmount Benefits Company

GlobeNewswire
by GlobeNewswire0
Specialty firm adds to the expertise of rapidly growing national employee benefits practice Risk Strategies, a leading national specialty insurance brokerage and risk management firm, announced it has acquired Fairmount Benefits Company, a Pennsylvania-based specialty firm focused on developing and administering employee benefit programs for corporate employers. Terms of the......
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