Search Results for: e-commerce platform

Bluon Completes Series B with $37 Million in Financing
E-commerce News

Bluon Completes Series B with $37 Million in Financing

Fintech News Desk
by Fintech News Desk0
Set to become the first viable e-commerce solution in HVAC-R Bluon, Inc. a rapidly growing company in the HVAC-R space, with a wildly popular support app for HVAC technicians, announced the closing of its Series B round with $27.6 million in equity financing. This adds to its recently completed $9......
AM Best Places Credit Ratings of SILAC Insurance Company Under Review
InsurTech Investments News

AM Best Places Credit Ratings of SILAC Insurance Company Under Review

Fintech News Desk
by Fintech News Desk0
AM Besthas placed under review with developing implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of SILAC Insurance Company (SILAC) (Salt Lake City, UT). SILAC has been placed under review with developing implications as the company’s risk-adjusted capital, as measured by......
Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation
Banking News

Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation

Fintech News Desk
by Fintech News Desk0
Mercantile Bank Corporation’s subsidiary bank Mercantile Bank of Michigan announced that it has formed The Mercantile Bank Foundation, a private charitable foundation to fund and administer Mercantile Bank’s charitable giving activities. In conjunction with the formation, Mercantile Bank is making a $4.0 million initial capital contribution, which will be recorded as noninterest expense during......
Alpha Cubed Investments Announces the Acquisition of Empowerment Financial Group
Investment Services News

Alpha Cubed Investments Announces the Acquisition of Empowerment Financial Group

Fintech News Desk
by Fintech News Desk0
Alpha Cubed Investments (“ACI”), a Registered Investment Adviser (RIA), announced the acquisition of Empowerment Financial Group (“EFG”), a respected RIA located in Scottsdale, Arizona Alpha Cubed Investments, a Registered Investment Adviser (RIA), announced the acquisition of Empowerment Financial Group, a respected RIA located in Scottsdale, Arizona. EFG serves clients primarily......
Automation Anywhere to Acquire FortressIQ to Reimagine Intelligent Automation
News Robotic Process Automation

Automation Anywhere to Acquire FortressIQ to Reimagine Intelligent Automation

Fintech News Desk
by Fintech News Desk0
Redefining the future of AI-powered intelligent automation and process discovery Automation Anywhere, a global leader in robotic process automation (RPA), announced that it has entered into a definitive agreement to acquire cloud pioneer FortressIQ, a leading process discovery and mining company based in San Francisco. Combining FortressIQ with Automation Anywhere......
Best Egg Announces Free $25,000 Better Credit Sweepstakes
Fintech News

Best Egg Announces Free $25,000 Better Credit Sweepstakes

Fintech News Desk
by Fintech News Desk0
Fintech Company Announces Sweepstakes Following Launch of Financial Health Platform Best Egg, an online financial platform that is owned and operated by Marlette Holdings, Inc, announced that it is launching the $25,000 Better Credit Sweepstakes, which will run from January 1, 2022 to January 31, 2022. This announcement follows the introduction of the......
Multiply Group to Invest $75 Million in Additional Pipe Investment in Connection With Getty Images’ Business Combination
Investment Services News

Multiply Group to Invest $75 Million in Additional PIPE Investment in Connection With Getty Images’ Business Combination

Fintech News Desk
by Fintech News Desk0
Tech-focused holding company signs binding commitment to invest at $10 per share, on the same terms as the existing $150 million PIPE committed in the aggregate by a CC Neuberger affiliate and by the Getty Family, bringing total anticipated PIPE proceeds to $225 million Tech-focused holding company Multiply Group and......
KBRA Assigns Insurance Financial Strength Rating to Tower Hill Insurance Exchange
Finance InsurTech News

KBRA Assigns Insurance Financial Strength Rating to Tower Hill Insurance Exchange

Fintech News Desk
by Fintech News Desk0
Kroll Bond Rating Agency (KBRA) assigns an Insurance Financial Strength Rating of BBB+ with a Stable Outlook to Tower Hill Insurance Exchange (THIE). THIE was formed as a Florida reciprocal exchange and will begin writing residential property insurance in Florida within its first year of operation and continue to expand......
Snapdeal Appoints Retail Veteran Himanshu Chakrawarti as President
E-commerce News

Snapdeal Appoints Retail Veteran Himanshu Chakrawarti as President

Fintech News Desk
by Fintech News Desk0
Snapdeal Limited, India’s leading value e-commerce platform, announced the appointment of Himanshu Chakrawarti as President of the company. Himanshu will lead various functions at Snapdeal to drive the company’s Bharat-focused, value commerce strategy and steer various growth-related and operational initiatives. Prior to joining Snapdeal, Himanshu was the CEO of Unlimited Fashion......
Hepsiburada Announces Plans to Acquire Consumer Finance Company in Turkey
Finance News

Hepsiburada Announces Plans to Acquire Consumer Finance Company in Turkey

Fintech News Desk
by Fintech News Desk0
D-MARKET Electronic Services & Trading, a leading Turkish e-commerce platform, announces the entry into a definitive agreement to acquire Doruk Finansman A.Ş., a Turkish consumer finance company (“Doruk Finansman”). In line with its strategy to add incremental fintech capabilities to Hepsipay Wallet and its embedded value offerings, Hepsiburada takes a......
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