Tag : Development

Acrisure Secures $2.1 Billion Funding Round Led by Bain Capital
Fintech News

Acrisure Secures $2.1 Billion Funding Round Led by Bain Capital

Business Wire
by Business Wire0
Additional investors include Fidelity Management & Research Company, Apollo Funds, Gallatin Point and BDT & MSD Partners Financing values Acrisure at $32 billion as company strengthens status as a global fintech leader Acrisure announced it has entered into a definitive agreement for the issuance of new convertible senior preferred stock......
Bestow Closes $120 Million Oversubscribed Series D Funding, Co-Led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital
Fintech InsurTech News

Bestow Closes $120 Million Oversubscribed Series D Funding, Co-Led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital

PR Newswire
by PR Newswire0
Bestow tripled revenue in 2024, achieved 10x growth over two years, and expects to continue growing exponentially, with profitability on the horizon Bestow Inc., a leading insurance technology company, announced the close of a $120 million oversubscribed Series D funding round, including primary and secondary investments. The round was co-led by......
Taiko and Fabric / Commit-Boost Align to Accelerate Preconfirmations for Ethereum's Based Rollups
Fintech News

Taiko and Fabric / Commit-Boost Align to Accelerate Preconfirmations for Ethereum’s Based Rollups

PR Newswire
by PR Newswire0
Taiko and the Commit-Boost / Fabric team announce their strategic collaboration to accelerate the development and adoption of preconfirmation standards for based rollups across the Ethereum ecosystem. Building the Foundation for Ethereum’s Scaling Future The Ethereum ecosystem continues to evolve rapidly, with based rollups emerging as the leading scaling solution and critical component for Layer 1 to Layer......
Lantern Finance Raises $1 Million+ Pre-Seed Round to Advance Crypto-Backed Lending
Finance Lending News

Lantern Finance Raises $1 Million+ Pre-Seed Round to Advance Crypto-Backed Lending

Cision PRWeb
by Cision PRWeb0
Funding will expand access to crypto-backed loans in the US Lantern Finance, Inc. announced the successful close of its oversubscribed $1 million+ pre-seed financing round. The funding will accelerate the development of Lantern’s next generation crypto-backed lending platform for US-based crypto investors. By allowing users to borrow against their digital assets and receive......
Artificial Intelligence Finance Fintech Guest Posts Security Trading

Addressing the Cybersecurity Challenges in Finance’s Adoption of AI Agents

Ben Kliger
by Ben Kliger0
The adoption of AI agents has become prevalent in various industries, including finance. AI agents can operate intelligently and autonomously, such as customer service agents or financial trading bots that analyze markets and execute trades without human input. However, they can also create cybersecurity and compliance challenges. The finance industry......
Trumid Appoints Industry Leader Ryan Gwin as Head of Data Solutions
Commerce Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology Trading

Trumid Appoints Industry Leader Ryan Gwin as Head of Data Solutions

PR Newswire
by PR Newswire0
Gwin to play a leading role in collaborating with Trumid clients around data, analytics, and automation Trumid, a financial technology company and leading fixed income electronic trading platform, announced the appointment of Ryan Gwin as Head of Data Solutions, continuing the expansion of Trumid’s Data & Intelligence, and Automation teams. In......
Tesonet's CIO Eglė Eidimtaitė joins PayPal's Customer Advisory Board
Commerce DeFi Digital Asset Management Digital Payments Digital Wallet Finance Fintech Fintech Primers Investment Services Investments Lending Markets Mortgage News Payment gateways Property Recommended Stock Market Technology

Tesonet’s CIO Eglė Eidimtaitė Joins PayPal’s Customer Advisory Board

EIN Presswire
by EIN Presswire0
Eglė Eidimtaitė, Head of Investment at Tesonet, has become the first Lithuanian to join PayPal’s Customer Advisory Board. The board, which is composed of high-value enterprise merchants, was established by PayPal to facilitate the development of personalized solutions, upgrade products, and improve customer experience. In her new role, Eglė Eidimtaitė will......
Thomson Reuters Acquires Materia - A Specialist in Agentic AI for the Tax, Audit and Accounting Profession
Artificial Intelligence Fintech News

Thomson Reuters Acquires Materia – A Specialist in Agentic AI for the Tax, Audit and Accounting Profession

PR Newswire
by PR Newswire0
Thomson Reuters Corporation, a global content and technology company, announced it has acquired Materia, a US-based startup that specializes in the development of an agentic AI assistant for the tax, audit and accounting profession. This transaction, which is complementary to Thomson Reuters AI roadmap, accelerates Thomson Reuters vision for the......
InvoiceCloud Appoints Jed Maczuba as Chief Technology Officer
Digital Payments Fintech News

InvoiceCloud Appoints Jed Maczuba as Chief Technology Officer

Business Wire
by Business Wire0
InvoiceCloud, a leading solution for digital bill payment services, has appointed Jed Maczuba as Chief Technology Officer. As CTO, Maczuba will accelerate the development and execution of new products, features, and functionality designed to help drive increased value for InvoiceCloud customers and partners across the utility, government, and insurance industries.......
Cryptocurrency Featured Finance Fintech

Building Scalable Cryptocurrency Solutions: The Advantages of Open-Source API Servers

Prajakta Ayade
by Prajakta Ayade0
The rapid evolution of the cryptocurrency industry has brought about a need for scalable, secure, and flexible solutions that can handle the growing demand for digital assets. One of the most effective ways to achieve this scalability is through the use of open-source API servers. These servers provide a robust......
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