Search Results for: Commercial Banking

CIBC Innovation Banking Provides €12m Financing Package to Language Technology Business Phrase
Banking News

CIBC Innovation Banking Provides Growth Capital to ConnectCPA

Business Wire
by Business Wire0
CIBC Innovation Banking is pleased to announce it has provided growth capital financing to ConnectCPA, an industry leading provider of cloud-based accounting and bookkeeping services. The financing will be used to propel ConnectCPA’s product development and expand its market footprint. Latest Fintech Interview: Global Fintech Interview with Ramy Ashour, Global......
CIBC Innovation Banking Provides €12 Million Financing Package to Language Technology Business Phrase
Banking Finance News

CIBC Innovation Banking Provides €12 Million Financing Package to Language Technology Business Phrase

Business Wire
by Business Wire0
CIBC Innovation Banking announced that it has provided €12m in debt financing to Phrase, a global cloud-based localisation software provider, headquartered in Prague, that helps brands localise and translate content more efficiently and manage the end-to-end process at scale. Phrase will use the funds to further develop the next generation of......
Accel-KKR to Sell Kerridge Commercial Systems Ltd
Investment Services News

Accel-KKR to Sell Kerridge Commercial Systems Ltd

PR Newswire
by PR Newswire0
Accel-KKR, a global technology-focused private equity firm, announced that it has signed a definitive agreement to sell Kerridge Commercial Systems Ltd, an ERP and business management software provider for distributors, wholesalers and related trades, to CapVest Partners LLP, an international private equity firm. KCS, headquartered in Berkshire, England, provides software to over......
Foresight Commercial Insurance Selects CLARA Analytics to Improve Claim Outcomes
Artificial Intelligence News

Foresight Commercial Insurance Selects CLARA Analytics to Improve Claim Outcomes

Business Wire
by Business Wire0
Innovative Workers’ Comp MGU Leverages the CLARA Artificial Intelligence Platform After a competitive selection process, Foresight Commercial Insurance (“Foresight”), an innovative managing general underwriter (MGU) of workers’ compensation insurance, has named CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, as their partner in a new initiative that......
The Bank of London Formally Applies for European Union Banking Licence and Announces 200M Euros Investment
Banking Investment Services News

The Bank of London Formally Applies for European Union Banking Licence and Announces 200M Euros Investment

Business Wire
by Business Wire0
The Bank of London announces it has submitted its formal application for a European Union (EU) Banking Licence and commits to 200M euros investment and hiring 300 people in Luxembourg over the next five years. Read More About Fintech Interview: Global Fintech Interview with Michael Rangel, Founder and CEO at Novo......
CIBC Innovation Banking Provides $7 Million in Growth Capital Financing to Bridgit
Banking Finance News

CIBC Innovation Banking Provides $7 Million in Growth Capital Financing to Bridgit

Business Wire
by Business Wire0
CIBC Innovation Banking announced that it has provided an extension to its existing growth capital financing to construction-software company, Bridgit. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development “Post-closing, Amy and her team have continued to support us with their extensive industry experience.”......
Customers Bank Onboards Former Signature Venture Banking Team
Banking Finance News

Customers Bank Onboards Former Signature Venture Banking Team

Business Wire
by Business Wire0
Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, announced it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking......
Extraco Banks Partners with Teslar Software to Modernize Commercial Lending
Lending News

Extraco Banks Partners with Teslar Software to Modernize Commercial Lending

Fintech News Desk
by Fintech News Desk0
Texas-based bank selects fintech to better support local businesses Extraco Banks and Teslar Software announced their partnership to streamline the bank’s commercial lending process and more effectively balance their portfolio. Extraco Banks is the largest and most comprehensive independent financial institution headquartered in central Texas with more than $2 billion in assets. They’ve recently set a......
Republic Bank Completes Merger With Commercial Industrial Finance
Banking Finance News

Republic Bank Completes Merger With Commercial Industrial Finance

Business Wire
by Business Wire0
St. Louis-based Commercial Industrial Finance, Inc. (“CIF”) became Republic Bank Finance effective July 1, 2023, coinciding with the final merger of the two companies. CIF was acquired by Republic Bank & Trust Company and its parent company Republic Bancorp, Inc., on March 15, 2023, as part of the acquisition of......
HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy
Banking News

HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy

Business Wire
by Business Wire0
HSBC has launched its Global Private Banking (GPB) business in India to serve high-net-worth (HNW) and ultra-high-net-worth (UHNW) professionals, entrepreneurs and their families. The new business is aimed at clients with investable assets of more than $2 million. “Entrepreneurialism and innovation are fuelling both economic growth and significant wealth creation......
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