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BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC” or the “Company”), a leading global brokerage and financial technology company, today announced that it has completed the acquisition of Ed Broking Group Limited (“Ed”), an independent Lloyd’s of London insurance broker with a strong reputation across Accident and Health, Aerospace, Cargo, Energy, Financial and Political Risks, Marine, Professional and Executive Risk, Property and Casualty, Specialty and Reinsurance. Shaun D. Lynn, President of BGC Partners, commented on today’s announcement: “We...

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Funding was led by XP Asset Management and Point Break Capital, along with existing investors monashees+ and JMallucelli REBEL Tecnologia e Correspondente Bancário Ltda (“REBEL”), a leading Brazilian fintech startup with a focus on online credit for the middle class, has just announced a Series A investment round of $4 million USD. The round was led by XP Asset Management, an affiliate of XP Group, Point Break Capital, and existing investors monashees+ and JMalucelli, with additional participation from...

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Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318; SSE: 601318) today announced its results for the nine months ended September 30, 2018. In the first nine months of 2018, Ping An achieved an operating profit attributable to shareholders of the parent company of RMB85,637 million, up 19.5% year on year. Net profit attributable to shareholders of the parent company rose 19.7% year on year to RMB79,397 million although the net profit growth...

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A Comprehensive Marketplace for Independent Mortgage Brokers ARIVE, LLC. is pleased to announce the upcoming launch of their innovative new ecosystem for independent mortgage brokers, allowing them to leverage their personal connections and local knowledge to serve borrowers in a whole new way. Designed to fill the real-world needs of independent brokers, ARIVE will offer a seamless experience to unite lenders, borrowers, and third-party vendors. Brokers will be able to check pricing, lock rates, upload...

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New partner brings deep experience in due diligence and value creation for software companies and their investors OC&C Strategy Consultants, a leading global strategy consulting firm, today announced that Ed Plummer has rejoined the company as a partner in its Private Equity and TMT practice. Plummer has extensive experience in both B2B information and software, and often works at the intersection of enterprise application software and information services, for clients whose customers span a range of industry...

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Widening its investment reach, MassMutual Ventures (MMV) announced today the establishment of a USD 50 million fund – MassMutual Ventures Southeast Asia (MMV SEA) – which will make investments in 10 to 15 startup companies throughout the region over the next three years. MMV SEA, based in Singapore, is targeting Series A and Series B round investments in digital health, fintech, insurtech and enterprise software. MMV SEA’s funding is being provided through the general investment account of parent...

Fintech has redefined the banking and financial services to the next level. With the regular emerging trends surrounding the fintech arena, it gets difficult for CFO’s and tech-finance people to keep a hold onto the latest trends along with the added complexity of deciding what helps and what not. This is where we emerged for a solution. We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it our press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the most apt trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way.

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