Search Results for: legacy

KBRA Releases Research – Private Credit: 2024 Maturity Wall Is a Myth
Fintech News

KBRA Releases Research – Private Credit: 2024 Maturity Wall Is a Myth

Business Wire
KBRA addresses one of the more frequently mentioned macro risks for the industry: a so-called maturity wall. The private credit industry is amid its first “cycle” while in its relatively new capacity as a major component and driving force of global credit markets. In this first of a series of......
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......
Temenos Launched End-To-End Temenos Enterprise Services on Temenos Banking Cloud
Banking News

Temenos Launches End-to-End SaaS Services for Retail, Business and Corporate Banking for Faster Time to Value

GlobeNewswire
New Temenos Enterprise Services with over 120 pre-configured products, processes and 700 APIs now enable banks to drastically reduce modernization cost, complexity and risk and dramatically accelerate time to value Temenos launched end-to-end Temenos Enterprise Services on Temenos Banking Cloud to enable banks to deploy software solutions in just 24 hours......
Insurtech Hyperexponential Raises $73 Million Series B; Announces US Expansion
InsurTech News

Insurtech Hyperexponential Raises $73 Million Series B; Announces US Expansion

Fintech News Desk
Battery Ventures leads, Andreessen Horowitz (a16z) co-invests, and Highland Europe increases position Hyperexponential, a global leader in pricing decision intelligence (PDI) software, announced completion of its $73m Series B funding round led by global technology-focused investment firm Battery Ventures, with participation from leading Silicon Valley investor a16z, and existing Series......
Chainverge: Where Unified DeFi Meets True Decentralization and Exciting Game-Fi
DeFi News

Chainverge Unifies Decentralised Finance with Gaming

GlobeNewswire
This will allow users to deposit their crypto funds from any wallet of their choice into industry-standard cards that can then be used at millions of stores across the globe. Chainverge is unifying the isolated elements of decentralized finance into a unified package with a dash of thrilling game-fi experiences......
American Express's Digital Transformation and Innovation Strategies Unveiled - ResearchAndMarkets.com
Digital Fintech News

American Express’s Digital Transformation and Innovation Strategies Unveiled – ResearchAndMarkets.com

Business Wire
Digital transformation strategies” report has been added to ResearchAndMarkets.com’s offering. Global Report Provides Comprehensive Analysis of American Express’s FinTech Activities and ICT Spend A groundbreaking study shedding light on the digital transformation strategies of American Express (Amex) has been meticulously assembled, detailing the company’s pursuit of innovation within the financial technology space. Industry......
PureTech Founded Entity Karuna Therapeutics to be Acquired by Bristol Myers Squibb for $14 Billion
Finance Fintech News

“Bristol Myers Squibb Acquires Karuna Therapeutics “

Business Wire
The company definitive merger agreement under which Bristol Myers Squibb has agreed to acquire Karuna for $330.00 per share in cash, for a total equity value of $14.0 billion, or $12.7 billion net of estimated cash acquired. PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) (“PureTech” or the “Company”), a clinical-stage biotherapeutics......
VESTWELL RAISES $125M SERIES D
Fintech Investments News

VESTWELL RAISES $125M SERIES D

Fintech News Desk
Vestwell, the leading employer and individual savings platform, has raised its Series D round, totaling $125 million. The large preempted equity financing is a testament to the conviction these investors have in Vestwell’s trajectory and its future; the funding round also firmly establishes Vestwell as one of the biggest US......
CNX Provides Update on Hydrogen Project Location and 45V Hydrogen Production Tax Credit Rules
Fintech News

CNX Provides Update on Hydrogen Project Location and 45V Hydrogen Production Tax Credit Rules

PR Newswire
Citing delays and increasing uncertainty over implementation rules guiding the use of the 45V hydrogen production tax credit provisions of the IRA, CNX announced it has ended coordination with the Adams Fork project and is evaluating several viable alternative sites in southern West Virginia for clean hydrogen projects. Citing delays......
EY Survey: AI Adoption Among Financial Services Leaders Universal, Amid Mixed Signals of Readiness
Fintech News

EY Survey: AI Adoption Among Financial Services Leaders Universal, Amid Mixed Signals of Readiness

PR Newswire
One in five are not confident that their organizations are well-positioned to take advantage of the potential benefits AI might bring Ernst & Young LLP (EY US) released its 2023 Financial Services GenAI Survey. Nearly all (99%) of the financial services leaders surveyed reported that their organizations were deploying artificial......
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