Search Results for: private funding
SAWA Crypto Fund Syndicate Protocol is Giving Investors Access to Seed Rounds with Minimum Investment
SAWA Crypto Fund Syndicate Protocol, a brainchild of Private Launch Crypto Venture and a transparent and safe way of participating in a public sale, has announced its decision to offer investors access to seed rounds with minimum investment. The company is designed to give prospective investors early access to fundamental......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation
Mercantile Bank Corporation’s subsidiary bank Mercantile Bank of Michigan announced that it has formed The Mercantile Bank Foundation, a private charitable foundation to fund and administer Mercantile Bank’s charitable giving activities. In conjunction with the formation, Mercantile Bank is making a $4.0 million initial capital contribution, which will be recorded as noninterest expense during......
Multiply Group to Invest $75 Million in Additional PIPE Investment in Connection With Getty Images’ Business Combination
Tech-focused holding company signs binding commitment to invest at $10 per share, on the same terms as the existing $150 million PIPE committed in the aggregate by a CC Neuberger affiliate and by the Getty Family, bringing total anticipated PIPE proceeds to $225 million Tech-focused holding company Multiply Group and......
KBRA Assigns Insurance Financial Strength Rating to Tower Hill Insurance Exchange
Kroll Bond Rating Agency (KBRA) assigns an Insurance Financial Strength Rating of BBB+ with a Stable Outlook to Tower Hill Insurance Exchange (THIE). THIE was formed as a Florida reciprocal exchange and will begin writing residential property insurance in Florida within its first year of operation and continue to expand......
Atento Announces Signing of New Super Senior Revolving Credit Facility
The IDB Invest credit facility to provide $43 million in financing, which may be raised to $50 million Atento S.A., one of the world’s five largest providers of customer relationship and business process outsourcing (CRM / BPO) services and sector leader in Latin America, announced that it entered on December 23,......
Assurely and Great American Insurance Group’s Executive Liability Division Begin Relationship Towards a New Era of Insurance
Working together in pursuit of innovating insurance for the better, the insurtech, Assurely, and the Executive Liability Division of Great American Insurance Group announced an agreement to offer Directors and Officers Liability (D&O) insurance to private companies raising capital via technology platforms/portals and the internet; specifically, but not limited to,......
HashCash to Build a Prototype for Blockchain-based DNA Sequencing
HashCash’s blockchain-powered prototype presents an effective solution for establishing privacy by safeguarding the sharing of genetic data during DNA sequencing Global blockchain development company HashCash Consultants announces its foray into DNA genome sequencing by building a prototype that will safeguard a person’s genetic information with blockchain technology. Genomic technologies have......
Katahdin Bankshares Announces Stock Buyback Program, Up to $2.0 Million
Katahdin Bankshares Corp., parent company of Katahdin Trust Company, a community bank founded in 1918 serving northern Maine and the greater Bangor and Portland regions, announced that its Board of Directors has approved a Stock Buyback Program. The Program authorizes the purchase of up to $2,000,000 of the Company’s outstanding shares of Common Stock through December 31, 2022.......