Search Results for: finance and insurance

Umpqua Bank Contributes $15.5 Million to Washington's Small Business Flex Fund
Banking Fintech Funding News

Umpqua Bank Contributes $15.5 Million to Washington’s Small Business Flex Fund

Fintech News Desk
This additional private-sector commitment brings the fund’s total to $85.5 million for the first-of-its-kind state small business lending program The Small Business Flex Fund announced that it has received $15.5 million in committed capital from Umpqua Bank. The Flex Fund has now raised a total of $85.5 million that will benefit small businesses and......
Bermuda Stock Exchange Reports Record Ils Listings in 2021; Continued Growth in International Debt Listings
Fintech News Stock Market

Bermuda Stock Exchange Reports Record Ils Listings in 2021; Continued Growth in International Debt Listings

Fintech News Desk
– Insurance Linked Securities listings reach record level – International debt listings increased in 2021 – BSX moves into new headquarters at Exchange House – BSX begins publishing U.S. MIAX Pearl Equities data to the Pyth Network Bermuda Stock Exchange (BSX) reported 2021 results, with record insurance-linked securities (ILS) listings......
Ted Dobos Joins Newfront as Private Equity Group Leader to Deliver Unmatched Value for Clients in M&A Transactions
Fintech News

Ted Dobos Joins Newfront as Private Equity Group Leader to Deliver Unmatched Value for Clients in M&A Transactions

Fintech News Desk
Mason Moss (Marsh), Tony Katz (Aon), Scott McCoy (Aon), and an industry-leading Transaction Liability broker join Newfront’s Private Equity Group, securing additional expertise for the current M&A practice Newfront, the tech-driven insurance brokerage based in San Francisco, announced that Ted Dobos has joined to lead its Private Equity Group (PEG). The Private Equity Group will act as an extension of private......
MarshBerry Secures Growth Capital from Atlas Merchant Capital
Banking News

MarshBerry Secures Growth Capital from Atlas Merchant Capital

Fintech News Desk
MarshBerry, a leading investment banking and consulting firm serving the Insurance Distribution and Wealth Management industries, is pleased to announce its partnership with Atlas Merchant Capital. The new partnership will help MarshBerry accomplish its growth goals by improving and expanding services to create even better outcomes for clients. This partnership......
Signature Bank Announces Pricing of Public Stock Offering
Banking News Stock Market

Signature Bank Announces Pricing of Public Stock Offering

Fintech News Desk
Signature Bank , a New York-based full-service commercial bank, announced the pricing of its underwritten offering of 2,100,000 shares of common stock at $352.00 per share. Latest Fintech Insights: Truist Announces Purpose-Driven Approach to Checking Account Experience The Bank has also granted to the underwriters a 30-day option to purchase up......
American Financial Group, Inc. Announces Purchase Of Verikai, Inc.
Artificial Intelligence Fintech Machine Learning News

American Financial Group, Inc. Announces Purchase Of Verikai, Inc.

Fintech News Desk
American Financial Group announced the acquisition of Verikai, Inc. (“Verikai”), a machine learning and artificial intelligence company that utilizes a predictive risk tool for assessing insurance risk, effective December 2021. Verikai will continue to be led by its President and CEO, Jeff Chen. AFG paid approximately $120 million in cash......
Huobi Global Reveals $12.68 Million Worth Of Its Tokens Burned In December
Digital Asset Management News

Huobi Global Reveals $12.68 Million Worth Of Its Tokens Burned In December

Fintech News Desk
Huobi Global, one of the world’s leading digital asset exchanges, announced on January 15 that it burned 1.31 million Huobi Tokens (HTs) in December 2021, valued at approximately $12.68 million. From Jan. 1, 2021 to Jan. 15, 2022, Huobi Global burned approximately 290.174 million HT. Latest Fintech Insights: Exavalu and Topa Insurance Company Successfully Implement Digital Claims Payment Capabilities With......
Neom Blockchain Technologies Will Fund $10 Million to Global Start-ups
Blockchain News

Neom Blockchain Technologies Will Fund $10 Million to Global Start-ups

Fintech News Desk
Neom Blockchain Technologies company announced that it will allocate 10 million dollars for start-ups that offer innovative solutions for smart cities and benefit societies in the metaverse area, with high added value. The technology company stated that they had started initiatives for fast and reliable funding of start-ups who offer......
Pkf O’Connor Davies Hires Harley Aronoff As Partner
Fintech News

Pkf O’Connor Davies Hires Harley Aronoff As Partner

Fintech News Desk
Former broker-dealer and PCAOB inspector brings deep financial services expertise to Firm’s Audit and PCAOB practices PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced that it has hired Harley Aronoff to serve as Partner, PCAOB Quality Assurance Leader. Aronoff – who joins the......
Iraqi Middle East Investment Bank IMEIB Goes Live with CapitalDigital from Capital Banking Solutions
Banking News

Iraqi Middle East Investment Bank IMEIB Goes Live with CapitalDigital from Capital Banking Solutions

Fintech News Desk
Capital Banking Solutions is proud to announce the successful go-live of IMEIB on its new digital banking platform, CapitalDigital. This successful implementation for IMEIB will offer their clients a unique e-banking and mobile banking experience. The bank will enable its customers to save time allowing them to benefit from IMEIB......
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