Search Results for: Investments

Visa Completes Acquisition of YellowPepper
Banking Mobile Banking News

Featured Visa To Acquire Plaid

Fintech News Desk
by Fintech News Desk0
Visa Inc.  announced it has signed a definitive agreement to acquire Plaid, a network that makes it easy for people to securely connect their financial accounts to the apps they use to manage their financial lives. Visa will pay total purchase consideration of $5.3 billion to acquire Plaid. Plaid’s products......
Backbase Debuts ‘Backbase-as-a-Service’ to Help Banks Innovate at Scale & Remove Infrastructure Hurdles
Banking News

Backbase Debuts ‘Backbase-as-a-Service’ to Help Banks Innovate at Scale & Remove Infrastructure Hurdles

Fintech News Desk
by Fintech News Desk0
Digital banking software provider, Backbase, has announced the launch of its next generation Backbase-as-a-Service. This managed cloud platform service covers Backbase’s entire portfolio of banking products, helping banks to innovate with speed whilst reducing their costly operational hurdles. At present, banks face a twofold threat; both from more technologically-capable neo-bank......
Grayscale Bitcoin Trust Announces Resumption of Private Placement
Cryptocurrency Investment Services News

Grayscale Bitcoin Trust Announces Resumption of Private Placement

Fintech News Desk
by Fintech News Desk10
Grayscale Investments, the world’s largest digital currency asset manager and sponsor of Grayscale Bitcoin Trust announced that the Trust will resume the private placement of its shares. The Trust’s private placement is offered on a periodic basis throughout the year and is now currently available to accredited investors for daily......
World FinTech Report 2020: FinTech Collaboration Is Even More Essential Now for Banks to Achieve Customer-Centricity
Banking InsurTech News

Everest Group Names Capgemini a Leader and Star Performer in Insurance IT Services

Fintech News Desk
by Fintech News Desk0
Capgemini announced that it has been named a Leader and Star Performer in Everest Group Life and Annuities (L&A) Insurance Application and Digital Services PEAK Matrix 2020 assessment. As a leader, Capgemini was recognized for its strong value proposition across the consult-to-operate spectrum, deep industry focus, wide breadth of capabilities, meaningful investments......
ePayPolicy, a Market-Leading Electronic Payments Solution for the E&S Insurance Market, Announces Investment from Serent Capital
InsurTech News

ePayPolicy, a Market-Leading Electronic Payments Solution for the E&S Insurance Market, Announces Investment from Serent Capital

Fintech News Desk
by Fintech News Desk0
ePayPolicy, a leading integrated electronic payments solutions in the Excess & Surplus (“E&S”) insurance market, announced it received a significant investment from Serent Capital, a San Francisco and Austin based private equity firm focused on investing in high-growth technology and services businesses. ePayPolicy will leverage the Serent investment to accelerate......
Brewer Lane Ventures Launches and Hires Insurtech Vet Martha Notaras as Managing Partner
Banking Capital Markets News

Brewer Lane Ventures Launches and Hires Insurtech Vet Martha Notaras as Managing Partner

Fintech News Desk
by Fintech News Desk0
Founded by Former Chief Investment Officer of New York Life, John Kim, Brewer Lane Ventures Is a Fund Focused on Investing in Early-Stage Insurtech and Fintech Startups Brewer Lane Ventures, a new venture capital firm focused on investing in the insurtech and fintech industries, announced it has brought on Martha......
ONIMCO Launches the Envestnet Insurance Exchange for its Advisors
Banking InsurTech News

ONIMCO Launches the Envestnet Insurance Exchange for its Advisors

Fintech News Desk
by Fintech News Desk0
ONIMCO Advisors Benefit From Integrated Annuity Solutions on Envestnet’s Unified Advice Platform Envestnet, Inc. has announced that O.N. Investment Management Co. (ONIMCO) launched the Envestnet Insurance Exchange, an insurance network providing access to reputable insurance carriers and their annuity products alongside traditional managed account investments on the Envestnet platform. As......
Greenspring Associates Raises $800 Million for Fourth Secondaries Fund
Banking Fintech News

Greenspring Associates Raises $800 Million for Fourth Secondaries Fund

Fintech News Desk
by Fintech News Desk0
Greenspring Associates, a venture capital investment platform with over $10 billion in assets under management, announced that it has raised $800 million for Greenspring Secondaries Fund IV, L.P. (“GSF IV”), the firm’s fourth secondary venture capital fund. The oversubscribed fund had strong participation from existing investors, as well as select......
Turkey’s Smartest Mobile Assistant from VakıfBank Uses Sestek’s AI-powered Technology
Banking Mobile Banking News

Turkey’s Smartest Mobile Assistant from VakıfBank Uses Sestek’s AI-powered Technology

Fintech News Desk
by Fintech News Desk0
Sestek’s AI-Powered Technologies Contributed to VakıFBank’s New Banking Assistant That Can Answer More Than 5,000 Questions VakıfBank, Turkey’s fourth-largest bank, introduced a new banking assistant, “ViBi” to its mobile banking app, which currently has 4.2 million users. The assistant, developed in partnership with Sestek, a leading AI and speech technologies......
HighRadius Expands Relationship with Commerce Bank to Offer Full Suite of Integrated Receivables and Treasury Management Products
Banking Fintech News

Receivables and Treasury SaaS Leader HighRadius Achieves Unicorn Status with $125 Million Series B Investment

Fintech News Desk
by Fintech News Desk0
ICOINQ Capital Leads Funding Round; Backs Highradius as Market-Leader in the Next Big Fintech Category for the Office of the CFO HighRadius, the leader in Artificial Intelligence-powered Order-to-Cash and Treasury Management software, has raised $125 million in a Series B growth funding round led by ICONIQ Capital, with participation from existing......
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