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Finance Investment Services News

Relativity6 Announces $5.25 Million Round Led by Fin Capital

Fintech News Desk
by Fintech News Desk0
Relativity6, the leading AI platform for industry classification, announced that it has raised a $5.25m seed round led by Fin Capital with participation from State Auto Labs Fund, Vectr Ventures, Cortado Ventures, Angel Ventures, and several strategic individuals in the insurance, financial services, and data space. The funding will be used to......
CLARA Analytics Optics Empowers Claims Managers With Intelligent Alerts and Analytics
Analytics Artificial Intelligence News

CLARA Analytics Optics Empowers Claims Managers With Intelligent Alerts and Analytics

Fintech News Desk
by Fintech News Desk0
CLARA Analytics, the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, announced the release of CLARA Optics, which uses AI and machine learning to scan, sort and analyze bills and medical documents to create a claim-based medical record. CLARA Optics not only lowers claims operating expenses......
Guaranteed Rate Companies Acquires Attorneys' Title Guaranty Fund Inc.
Finance News

Guaranteed Rate Companies Acquires Attorneys’ Title Guaranty Fund Inc.

Fintech News Desk
by Fintech News Desk0
Purchase of title insurance underwriter will create more seamless end-to-end residential transactions Guaranteed Rate Companies, a leader in mortgage lending and digital financial services, announces that it has closed on its acquisition of Attorneys’ Title Guaranty Fund Inc. (ATG), a Chicago-based title insurance underwriter. “Adding ATG’s team to the Guaranteed Rate......
WorkWave Launches WorkWave Financial Services, a Collection of Unprecedented Financial Offerings
Finance Fintech News

WorkWave Launches WorkWave Financial Services, a Collection of Unprecedented Financial Offerings

Fintech News Desk
by Fintech News Desk0
WorkWave’s Business Builder Visa credit card is its newest offering under WorkWave Financial Services, aimed to help small businesses build strong credit in their company’s name WorkWave, a leading provider of SaaS software solutions that support every stage of a service business’s life cycle, announces the launch of WorkWave Financial......
Zaggle Partners With Tata Capital’s Moneyfy Platform to Offer Investment Products to Its 4.5+ Million Users
Fintech Investment Services News

Zaggle Partners With Tata Capital’s Moneyfy Platform to Offer Investment Products to Its 4.5+ Million Users

Fintech News Desk
by Fintech News Desk0
The partnership earmarks Zaggle’s foray into offering investment products Zaggle, a profitable SaaS FinTech company and a pioneer in digitizing business spends, partners with Tata Capital’s digital wealth management platform – Moneyfy. This will greatly benefit Zaggle users, who can now get easy access to a plethora of investment options......
Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital
Fintech Funding Lending News

Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital

Fintech News Desk
by Fintech News Desk0
Freeport Financial Partners, LLC, a U.S. lower middle market direct lending manager, announced the successful final close of its fifth direct lending fund, Freeport First Lien Loan Fund V, raising $1.5 billion in investable capital including targeted leverage and separately managed accounts investing alongside the fund. Fund V was oversubscribed,......
Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities
Digital Asset Management Fintech News

Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities

Fintech News Desk
by Fintech News Desk0
Marks key step in executing on Prudential’s strategy, while maintaining consistent experience for customers and deepening focus on protected outcome solutions like FlexGuard and FlexGuard Income Demonstrates Fortitude Re’s leadership and expertise in managing a broad array of long-dated insurance liabilities Prudential Financial, Inc. and Fortitude Group Holdings, LLC, the......
Eagle Financial Services, Inc. Completes $30.0 Million Subordinated Notes Offering
Fintech News

Eagle Financial Services, Inc. Completes $30.0 Million Subordinated Notes Offering

Fintech News Desk
by Fintech News Desk0
Eagle Financial Services, Inc. (the “Company”), the holding company for Bank of Clarke County (the “Bank”), announced the completion of a private placement offering of 4.50% Fixed-to-Floating Rate Subordinated Notes due 2032 (the “Notes”), in the aggregate principal amount of $30.0 million, to certain qualified institutional buyers and accredited institutional investors.  The......
CNO Financial Group Announces the 2022 Invested in Giving Back Charity Program Winners and Honors its Volunteer of the Year
Investment Services News Security

CNO Financial Group Announces the 2022 Invested in Giving Back Charity Program Winners and Honors its Volunteer of the Year

Fintech News Desk
by Fintech News Desk0
CNO Financial Group, Inc. announced its 2022 Invested in Giving Back program winners and CNO associate Meg Meek as its Volunteer of the Year. This year, sixteen nonprofit organizations received a total of $200,000 in donations through the annual CNO Invested in Giving Back program. Now in its fourth year, the program allows CNO associates to......
NAIC Executive Committee Appoints Beth Dwyer to Financial Stability Oversight Council
Banking InsurTech News

NAIC Executive Committee Appoints Beth Dwyer to Financial Stability Oversight Council

Fintech News Desk
by Fintech News Desk0
Superintendent Dwyer to represent state insurance regulators nationally The Executive Committee of the National Association of Insurance Commissioners (NAIC) has appointed Beth Dwyer, Superintendent of Banking and Insurance for Rhode Island’s Department of Business Regulation, to serve as NAIC members’ representative on the Financial Stability Oversight Council (FSOC). She will succeed recently retired......
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