Tag : financial services

– Combined company, to be called Newfront, transforms the delivery of risk management and employee benefit solutions – Newfront’s proprietary modern cloud-based insurance platform redefines the industry’s antiquated model, unlocking new insights and an enhanced experience for clients – ABD brings deep insurance expertise, an award-winning culture, and extensive experience......

Nordic Capital Invests in No-code Data Automation Leader Duco

Fintech News DeskJuly 16, 2021

Investment made in partnership with the CEO and Founder with the aim to accelerate Duco’s growth and expansion Nordic Capital announced an agreement to invest in Duco Technology Limited (“Duco”) and acquire a majority shareholding from current investors, CME Ventures, Insight Partners and Eight Roads Ventures. Founder Christian Nentwich will remain......

Business InsurTech News

World Insurance Associates Acquires McCue Captains Agency

Fintech News DeskJuly 16, 2021

World Insurance Associates LLC (“WIA”), a Top 100 Insurance Brokerage, announced that it acquired McCue Captains Agency (“McCue”) of Little Silver, NJ on July 1, 2021. Terms of the transaction were not disclosed. McCue Captains Agency was founded in 1927 as a local independent insurance agent. They specialize in Property,......

Circle To Expand Operations In Bermuda, Building On Corporate Treasury Demand For Yield

Fintech News DeskJuly 16, 2021

A global financial technology firm that provides payments and financial infrastructure for internet businesses, announced it will increase operations in Bermuda as part of the company’s overall market expansion strategy and to support corporate treasury demand for yield. The Bermuda Monetary Authority (BMA) recently expanded oversight of Circle’s Class F (“Full”) DABA......

Logicpath Announces New Website to Reflect Rapid Growth in Cash Forecasting Software Marketplace

Fintech News DeskJuly 16, 2021

Atlanta-based fintech SaaS company logicpath, a leader in AI-driven cash supply chain technology, has unveiled its new company website: logicpath.com. This rebranding initiative reflects the evolution of the company and its recent launch of an exciting new milestone version of C3 Financial, artificial intelligence (AI) and cash inventory management software innovating the financial services industry. “The newly launched......

E-commerce Fintech News

Synchrony Renews Decade-Long Consumer Financing Strategic Partnership

Fintech News DeskJuly 15, 2021

Synchrony, a premier consumer financial services company, announced a multi-year extension of their consumer financing program with The TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The relationship began in 2011. As part of the renewal, Synchrony will continue to be the......

Daloopa Closes $20M Series A to Automate Data Extraction for Financial Institutions

Daloopa Closes $20 Million Series A to Automate Data Extraction for Financial Institutions

Fintech News DeskJuly 15, 2021

Daloopa announced that it has closed $20 million in Series A financing to accelerate its AI-driven data extraction offerings for financial institutions. The new funding round was led by Credit Suisse Asset Management’s NEXT Investors, along with participation from existing investors Nexus Venture Partners, Uncorrelated Ventures, and Hack VC. Daloopa has......

InsurTech News Risk Management

Relation Insurance Services, Inc. Acquires the Assets of Hooper, Spuhler, and Sturgeon Insurance Services

Fintech News DeskJuly 15, 2021

Further expands Relation’s leading agribusiness unit, Pan American Insurance Services Relation Insurance Services, Inc. , one of the largest and fastest-growing national insurance agencies, announced it acquired the assets of California-based Hooper, Spuhler, and Sturgeon Insurance Services (“HSS”). Terms of the transaction were not disclosed. “HSS is a great addition......

Finance Fintech News

Neeva Delivers Ads-Free Stock Tracker Powered by Xignite Market Data APIs

Fintech News DeskJuly 15, 2021