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Artificial Intelligence B2B Banking Business Fintech Guest Posts

The Good and Bad of AI in Financial Services

Jeffrey Feinstein
by Jeffrey Feinstein0
The rise of artificial intelligence (AI) has brought about a range of reactions in the financial services industry from confusion and worry to excitement. As I interact with other data scientists, fraud analysts and risk managers, the benefits and risks of AI and its subdivision Generative AI (GenAI) have become......
Pomelo Announces $35 Million Series A, Additional $75 Million Warehouse, Expanding Its Credit-Building Remittance Product
Fintech News

Pomelo Announces $35 Million Series A, Additional $75 Million Warehouse, Expanding Its Credit-Building Remittance Product

PR Newswire
by PR Newswire0
Pomelo, the first consumer fintech to enable international money movement with consumer credit, announced a Series A of $35 million in venture capital and a $75m expansion of its warehouse facility from Vy Capital, Founders Fund, and A* Capital. This brings total funds raised to date to $55m in equity capital and $125m for its warehouse facility. This......
CIBC Innovation Banking Provides Growth Capital to InsightRX
Banking Fintech News

CIBC Innovation Banking Provides Growth Capital to InsightRX

Business Wire
by Business Wire0
The financing will help InsightRX achieve their strategic vision of transforming patient care. CIBC Innovation Banking announced today that it has provided growth financing to InsightRX, a San Francisco-based software company leveraging quantitative pharmacology and artificial intelligence (AI) to improve therapeutic decision-making from phase I drug development to the point......
Fintech News

Prudential Financial Introduces Its Next Class of Emerging Visionaries

PR Newswire
by PR Newswire0
In its third year, the program honors 25 exceptional young leaders for their work addressing the challenges of a changing world. Twenty-five young leaders from across the U.S. have been honored by Prudential Financial as the latest class of Prudential Emerging Visionaries. Prudential Emerging Visionaries honors exceptional students ages 14-18......
Noyo Shares 2024 Trends for Benefit Industry
InsurTech News

Noyo Shares 2024 Trends for Benefit Industry

Fintech News Desk
by Fintech News Desk0
Noyo shares trends and a report on the benefits industry.  By Global FinTech Series News Desk  According to Noyo, a firm in benefits data management, this year more insurance carriers will improve their operations through automation including the adoption of API-enabled technology. API technology is gaining strong momentum among carriers,......
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.......
BGL Announces the Recapitalization of American Pain Consortium by Cresset Partners, Cedar Pine, and American Discovery Capital
Investment Services News

BGL Announces the Recapitalization of American Pain Consortium by Cresset Partners, Cedar Pine, and American Discovery Capital

PR Newswire
by PR Newswire0
Brown Gibbons Lang & Company (BGL) is pleased to announce the recapitalization of American Pain Consortium (APC) by Cresset Partners, Cedar Pine, and American Discovery Capital. BGL’s Healthcare & Life Sciences investment banking team served as the exclusive financial advisor to APC in the transaction. The specific terms of the transaction were not disclosed. The transaction......
Vensana Capital Strengthens Team with Promotions and Addition of Venture Partner
Fintech News

Vensana Capital Strengthens Team with Promotions and Addition of Venture Partner

Business Wire
by Business Wire0
Vensana Capital, a leading medical technology-focused venture capital and growth equity investment firm, today announced the promotions of Amrinder Singh, Cynthia Yee, Greg Banker, and Mike Kramer to Partner and Steve Schwen to Partner & Chief Financial Officer. The firm also announced the addition of veteran medtech leader Bill Hoffman......
Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital
Finance News

Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital

GlobeNewswire
by GlobeNewswire0
Strengthens financial flexibility to support the Company’s continued growth Verona Pharma plc, announces it and its wholly-owned subsidiary, Verona Pharma, Inc. (the “Company”), have entered into a debt financing facility (“debt facility”) providing the Company with access to up to $400 million from funds managed by Oxford Finance LLC (“Oxford”)......
GenSci Launches Global Innovation Hub in Shanghai
Fintech News

“GenSci Launches Global Innovation Hub in Shanghai “

PR Newswire
by PR Newswire0
The establishment of the facility demonstrates the company’s commitment to delivering differentiated solutions to gynaecology and paediatrics challenges Changchun GeneScience Pharmaceutical (“GenSci”), a subsidiary of Changchun High-Tech Industries (Group), held a groundbreaking ceremony for its new global headquarters and research & development (R&D) center at Shanghai Zhangjiang International Medical Park......
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