Search Results for: balance sheet

Evertec to Acquire Sinqia, a Leading Provider of Software Solutions for Financial Institutions in Brazil
Fintech News

Evertec to Acquire Sinqia, a Leading Provider of Software Solutions for Financial Institutions in Brazil

Business Wire
by Business Wire0
EVERTEC, and Sinqia (B3: SQIA3) (“Sinqia”) jointly announced a definitive agreement for Evertec to acquire Sinqia, a leading player in the market of software for financial services in Brazil for consideration with a value of R$27.19 per share, increased by a customary daily “ticking fee” of up to R$1.00 per......
Capstack Emerges from Stealth with $6 Million to Launch First Integrated Operating System for Banks
Fintech Funding News

Capstack Emerges from Stealth with $6 Million to Launch First Integrated Operating System for Banks

Cision PRWeb
by Cision PRWeb0
CapStack, the first integrated operating system for banks, announced it has emerged from stealth backed by $6 million in pre-seed funding. The round was oversubscribed and led by Fin Capital with participation from Alloy Labs, Rex Salisbury’s Cambrian Ventures, Cowboy Ventures, Future Perfect Ventures, Gaingels, Selah Ventures, Uncorrelated Ventures, and......
Human Capital Management Has Quantifiable Implications for Investors, Says Schroders
Investment Services News

Human Capital Management Has Quantifiable Implications for Investors, Says Schroders

Business Wire
by Business Wire0
Schroders, a global asset manager, has released a novel approach for the investment analysis of human capital management, evaluating the systems deployed to optimize the performance of a company’s workforce. Created with academic support from the Oxford Rethinking Performance Initiative at Saïd Business School, University of Oxford, and in partnership......
Stonepeak Announces Minority Investment from Blue Owl’s GP Strategic Capital Platform
Investment Services News

Stonepeak Announces Minority Investment from Blue Owl’s GP Strategic Capital Platform

Business Wire
by Business Wire0
Passive Capital Infusion to Support Continued Growth of Successful Infrastructure-Focused Firm Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced that Blue Owl’s GP Strategic Capital platform (formerly known as Dyal Capital), a leading capital provider for institutional alternative asset managers, has made a passive, minority......
AM Best Affirms Credit Ratings of M and C General Insurance Company Limited
InsurTech News

AM Best Affirms Credit Ratings of M and C General Insurance Company Limited

Business Wire
by Business Wire0
AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of M&C General Insurance Company Limited (M&C General) (St Lucia). The outlook of these Credit Ratings (ratings) is stable. Latest Fintech Interview : Global Fintech Interview with......
Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team
Fintech News

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team

Business Wire
by Business Wire0
Completes initial phase of debt restructuring covering 49 assets financed by Fannie Mae and Ally Bank Fannie Mae agreement will result in approximately $40 million of additional free cash flow over the next three years Conversant Capital, Sonida’s largest shareholder, provides $13.5 million equity commitment, available to Sonida at its......
AM Best Withdraws Credit Ratings of Kingstone Insurance Company
Fintech InsurTech News

AM Best Withdraws Credit Ratings of Kingstone Insurance Company

Business Wire
by Business Wire0
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of Kingstone Insurance Company (KICO) (Kingston, NY). The outlook of these Credit Ratings (ratings) is negative. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer......
COMPASS Pathways Secures Term Loan Facility for Up to $50 Million from Hercules Capital
Fintech News

COMPASS Pathways Secures Term Loan Facility for Up to $50 Million from Hercules Capital

Business Wire
by Business Wire0
COMPASS Pathways plc, a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, announced that the Company has entered into a term loan agreement with Hercules Capital, for up to $50 million. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development......
Lemonade Turns to Synthetic Agents to Finance Growth
Finance InsurTech News

Lemonade Turns to Synthetic Agents to Finance Growth

Business Wire
by Business Wire0
Powered by General Catalyst, Lemonade’s Synthetic Agents program seeks to close the cash-flow gap and unlock cash-friendly scaling Lemonade , the digital insurance company powered by AI and social impact, announced it has partnered with General Catalyst (GC), a leading venture firm and an early investor in Lemonade, to create......
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