Search Results for: Principal

Smartsheet Reaches $1 Billion in Annualized Recurring Revenue
Finance Fintech News

Smartsheet Reaches $1 Billion in Annualized Recurring Revenue

Business Wire
by Business Wire0
The company is the first in the collaborative work management category to achieve this milestone Smartsheet, the enterprise work management platform, announced today that it reached $1 billion in annualized recurring revenue (ARR) earlier in Q4, a significant milestone in the company’s history that comes on the heels of being......
Castle Creek Capital Announces Signing of $30 Million Investment in FirstSun Capital Bancorp
Fintech Investments News

Castle Creek Capital Announces Signing of $30 Million Investment in FirstSun Capital Bancorp

Business Wire
by Business Wire0
Spencer T. Cohn will become Castle Creek’s board level representative at the Company after the merger closes. Castle Creek Capital, a private equity firm focused on investments in the community banking industry, today announced an agreement to invest $30 million in FirstSun Capital Bancorp (the “Company” or “FirstSun”), alongside other......
New Deloitte Survey Finds Expectations for Gen AI Remain High, but Many Are Feeling Pressure to Quickly Realize Value While Managing Risks
Artificial Intelligence News

New Deloitte Survey Finds Expectations for Gen AI Remain High, but Many Are Feeling Pressure to Quickly Realize Value While Managing Risks

PR Newswire
by PR Newswire0
Three-quarters of respondents expect Generative AI (Gen AI) to transform their organizations within three years Only a quarter of leaders believe their organizations are “highly” or “very highly” prepared to address governance and risk issues related to Gen AI adoption Only 47% agree that their organizations are sufficiently educating employees......
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
by PR Newswire0
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......
ACI Worldwide To Power Payments for U.K. Retailer Co-op in Cloud
Cloud Fintech News

ACI Worldwide To Power Payments for U.K. Retailer Co-op in Cloud

Business Wire
by Business Wire0
U.K. retailer Co-op has successfully moved its full stack of payments and fraud prevention software into ACI’s multi-tenant cloud platform hosted in Microsoft Azure. Migration will enable Co-op to run its operations more efficiently, providing scalability, security and enhanced data protection. ACI Worldwide, a global leader in mission-critical, real-time payments......
Investment Opportunities Abound in 2024, Say Natixis Affiliated Investment Managers
Fintech Investments News

Investment Opportunities Abound in 2024, Say Natixis Affiliated Investment Managers

Business Wire
by Business Wire0
Portfolio Managers, Strategists and Executives from Natixis Investment Managers, AEW Capital Management, Flexstone Partners, Gateway Investment Advisers, Harris Associates, Loomis Sayles, Mirova, and Vaughan Nelson Investment Management Provide 2024 Market Outlooks n 2023, a bull market in stocks surprised while bonds saw an uptick in performance during the fourth quarter.......
Impact Analytics Raises $40 Million After Stellar Year to Pave Way for Global Expansion
Banking Fintech News

Impact Analytics Raises $40 Million After Stellar Year to Pave Way for Global Expansion

Business Wire
by Business Wire0
AI-powered retail planning and merchandising software platform provider receives its funding to capitalise on new partnerships and grow its worldwide market penetration. Impact Analytics™, provider of the industry’s most innovative retail, grocery, CPG and supply chain-focused planning and merchandising software suite—complete, fully integrated and built with native AI—today announced it......
T-Mobile Agrees to Sell $3.0 Billion of Senior Notes
Finance Fintech News

T-Mobile Agrees to Sell $3.0 Billion of Senior Notes

Business Wire
by Business Wire0
T-Mobile USA intends to use the net proceeds from the offering for general corporate purposes, which may include among other things, share repurchases, any dividends declared by T-Mobile’s Board of Directors and refinancing of existing indebtedness on an ongoing basis. T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today that T-Mobile......
COCA and Wirex Unveil World's First MPC Wallet with Non-Custodial Debit Card
Cryptocurrency News

COCA and Wirex Unveil World’s First MPC Wallet with Non-Custodial Debit Card

PR Newswire
by PR Newswire0
Aimed at simplifying the transition between cryptocurrency and traditional spending, it’s a product poised to redefine user experience in the fintech sector. COCA, in partnership with Wirex, a leading Web3 money app, has unveiled the world’s first Multi-Party Computation (MPC) wallet accompanied by a non-custodial debit card. This innovative product marks......
Dave Announces Repurchase of $100 Million Convertible Note from FTX for $71 Million
Banking News

Dave Announces Repurchase of $100 Million Convertible Note from FTX for $71 Million

PR Newswire
by PR Newswire0
Dave, one of the nation’s leading neobanks, announced it has reached an agreement with FTX Ventures Ltd. (“FTX”) to purchase a convertible promissory note that it previously issued to FTX in the original principal amount of $100 million, for a discounted purchase price of $71 million. FTX filed a motion in......
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