Search Results for: invested

In 2023, Illinois American Water Invests $76.7 Million in Local Water & Wastewater Infrastructure in Company’s Central Division
Fintech Investments News

Illinois American Water Invests $76.7 Million in 2023

Business Wire
by Business Wire0
In 2023, Illinois American Water will have invested $297 million in water and wastewater system infrastructure replacement and enhancements throughout the state. This work includes installing new pipes, pumps, hydrants, valves, lift stations, water treatment facilities, storage tanks, new water quality systems and technology. Locally, in the company’s Central Division,......
Athene Executes Block Reinsurance Transaction in Japan
InsurTech News

Athene Executes Block Reinsurance Transaction

GlobeNewswire
by GlobeNewswire0
Athene Holding Ltd. (“Athene”), a leading provider of retirement services products, has executed a block reinsurance transaction with FWD Life Insurance Co. Ltd., a Japanese domiciled insurer. Under the terms of the agreement, Athene will reinsure an in-force block of whole life insurance policies. In conjunction with the transaction, Athene......
Business Featured Fintech Fintech Primers

How Does Fintech Generate Money?

Pooja Choudhary
by Pooja Choudhary0
Have you ever pondered the business models of FinTech firms? How do they go about making money to expand their current FinTech software development efforts? In this piece, we will dissect what exactly it is that makes a FinTech company effective and profitable. Introduction 96% of customers around the world......
Zorion Announces Launch of Innovative Mobile App for Pre-IPO Investments
Fintech Investment Services News

Zorion Announces Launch of Innovative Mobile App for Pre-IPO Investments

PR Newswire
by PR Newswire0
Get ready for a game-changer in Asia’s investment landscape! Zorion’s upcoming mobile app is poised to transform pre-IPO investing, bringing you closer to tech giants and the next big unicorns. With our unique portfolio opportunities and an accessible entry point, Zorion merges impressive returns with savvy risk management strategies. Keen to learn......
Voya Equity Closed End Fund Declares Distribution
Fintech News

Voya Equity Closed End Fund Declares Distribution

Business Wire
by Business Wire0
Voya Investment Management, the asset management business of Voya Financial, Inc., announced today the monthly distribution on the common shares of one of its closed-end funds. With respect to the Fund, the distribution will be paid on December 15, 2023, to shareholders of record on December 4, 2023. The ex-dividend......
NextFlex Announces $6.5 Million in Funding for Flexible Hybrid Electronics Innovations in Extreme Environments and Sustainability
Fintech Investments News

NextFlex Announces $6.5 Million in Funding for Flexible Hybrid Electronics Innovations in Extreme Environments and Sustainability

Business Wire
by Business Wire0
Projects include developments of additive approaches for complex multilayer 3D electronics, high and low temperature interconnects with proven reliability and in-mold electronics for automotive applications NextFlex, America’s Flexible Hybrid Electronics (FHE) Manufacturing Innovation Institute, today announced $6.49M in funding (including $3.29M in cost-share contribution from participants) for seven new projects......
Lightspeed Faction Launches _285 Million Venture Fund for Blockchain Startups
Blockchain News

Lightspeed Faction Launches $285 Million Venture Fund for Blockchain Startups

PR Newswire
by PR Newswire0
Fund will focus primarily on early-stage projects primed to advance the crypto industry Lightspeed Faction, a leading blockchain-focused venture capital firm, announced the launch of its inaugural $285 million venture fund. Faction will primarily invest in early stage blockchain projects and serve as a long-term capital partner as these projects scale. In addition......
Indemo Revolutionizes Debt Investments
Fintech Investment Services News

Indemo Revolutionizes Debt Investments

Business Wire
by Business Wire0
Indemo, Europe’s pioneering MIFID-licensed debt investing platform, is proud to announce its groundbreaking launch. This innovative platform empowers retail investors by granting access to Discounted Debt Investments, a privilege once reserved for bankers and institutional investors. DDI involves investing into mortgage loans at substantial discounts from retail banks when debtors......
New Citi GPS Report Highlights the Vital Role of Corporate Treasury in a Rapidly Changing World
Banking Fintech News

New Citi GPS Report Highlights the Vital Role of Corporate Treasury in a Rapidly Changing World

Business Wire
by Business Wire0
Citi today released its new study – ‘Treasury Leadership: Does it Matter?’ highlighting the importance for companies to invest in Treasury. Treasurers face rising expectations from executive leadership as firms: navigate geopolitical and macroeconomic challenges, adopt new digital business models, and deploy emerging new technologies. Yet, as Treasurers deploy strategies to......
Rand Capital Reports 12% Increase in Total Investment Income for Third Quarter 2023
Fintech Investment Services News

Rand Capital Reports 12% Increase in Total Investment Income for Third Quarter 2023

Business Wire
by Business Wire0
Total investment income increased 12% to $1.7 million for the quarter compared with the third quarter last year driven by strong growth in interest income Net asset value per share (“NAV”) was $23.77 at September 30, 2023, up 6% from year-end 2022 Invested $7.8 million in new investments during the......
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