business news - FinTecBuzz

PeerStreet Promotes Ellen Coleman to Chief Financial Officer

January 30, 20205 min

PeerStreet, a platform for investing in real estate backed loans, has promoted Ellen Coleman to Chief Financial Officer. Coleman joined the company a year ago as EVP of Finance. As CFO, she’ll oversee a variety of different teams, including finance, accounting, treasury, servicing, and capital markets, and will focus on bringing more automation to various financial systems for the company and its users. Coleman brings more than 15 years of experience in corporate treasury within...

by PRNewswire

Insurance

CONTXTFUL Raises $2M in Seed Funds to Commercialize Its Receptivity™ & Rituals™ Products

January 30, 20205 min

Strategic Investors Include Fonds Québecor Innovation and La Capitale Assurances MONTREAL, Jan. 28, 2020 /PRNewswire/ – CONTXTFUL, a Montreal-based technology start-up focused on developing products that provide insights on mobile users, improving how advertisers and insurers interact with their customers, today announced it has raised $2 million in seed financing. The seed round is led by Fonds Innovexport and includes strategic investors such as Fonds Québecor Innovation inc., La Capitale Assureur de l’administration publique as well as Anges Québec, private angels and founding partners....

by PRNewswire

Asset Management

Former Fund Manager from Haitong International Asset Management Joins Singularity Financial Executive Team

January 30, 20204 min

Singularity Financial Limited (“SFL”), Hong Kong’s leading financial and technology marketplace, announced today that Dr. Mark Chen, former fund manager and research head of alternative investment from Haitong International Asset Management Limited, joined the company as a co-founder and director to lead the company’s green finance and ESG efforts. Mark has over 20 years of experience in asset management, macro analysis, equity/bond research, and financial reporting. He has a PhD in Accounting and Finance from The Hong Kong Polytechnic University...

by BusinessWire

ERP CRM PSA

D.A. Davidson & Co. Serves as Financial Advisor to Soft-Pak in its Acquisition by Dover

January 30, 20204 min

D.A. Davidson & Co. announced today that its client, California-based Soft-Pak, Incorporated, a leading independent provider of integrated back office, route management and customer relationship management software solutions to the waste and recycling fleet industry, has entered into a definitive agreement to be acquired by Dover Corporation, a diversified global manufacturer with annual revenue of approximately $7 billion. Following the close of the transaction, Soft-Pak will become part of the Environmental Solutions Group business unit, a...

by BusinessWire

Investment Platforms

Osage Venture Partners Promotes Sean Dowling to Partner

January 30, 20203 min

Osage Venture Partners (OVP), a leading venture capital firm investing in early stage business-to-business software companies in the Eastern US, is pleased to announce that Sean Dowling has been promoted to Partner. Sean joined OVP full time in 2011, after interning with the firm in 2010 while pursuing his MBA. Since that time he has played a leading or supporting role in many of the fund investments. Sean serves as a board member of BookKeeping...

by PRNewswire

Payment Platform

Somerset Trust Company Replaces Legacy Solutions with Alogent’s Enterprise Capture Software Suites

January 30, 20204 min

Alogent (@AlogentCorp), a global software leader in end-to-end payment processing, content and information management, digital banking and loan origination solutions, announced today that Somerset Trust Company has expanded its footprint to include document and check processing with its enterprise capture software solutions. Somerset Trust, a full-service community bank with assets over $1.2 billion, will replace its legacy systems with Alogent’s FASTdocs suite of content and information management (ECM / EIM), and its ImagePoint suite for...

by PRNewswire

Brokers/Trading

Cisco Appoints AMD President and CEO Dr. Lisa T. Su to Board of Directors

January 29, 20203 min

News Summary: AMD President and CEO Dr. Lisa Su Appointed to Cisco Board of Directors. Dr. Su’s business leadership combined with technology and semiconductor expertise will be a tremendous asset to Cisco’s Board. Cisco today announced the appointment of Dr. Lisa T. Su, AMD president and CEO, to its board of directors effective today. “Lisa is an accomplished business leader with deep expertise in the semiconductor industry,” said Chuck Robbins, chairman and CEO, Cisco. “We look forward...

by PRNewswire

Compliance

Sovos Celebrates 40 Years of Solving Tax Compliance Challenges

January 29, 20207 min

In 1979, two visionaries sat at a kitchen table in suburban Massachusetts and brainstormed how to apply technology to the challenge of calculating sales tax rates. Shortly thereafter, Taxware was founded. Today, the company is a global tax software leader known as Sovos, and it is celebrating 40 years of helping retailers, manufacturers, financial services and other companies calculate, remit and report taxes with ease. “Our company’s founders saw a need for technology that could help...

by BusinessWire

Institutional Investment

ErisX and Etale Partner to Enhance Trading Experience for Institutional Investors

January 29, 20206 min

ErisX today announced support from Etale’s institutional trading platform. Members of ErisX are able to view real-time market data, and manage account balances and order execution via a secure connection using either Etale’s front end or API. Etale is a complete digital asset trading solution for institutions, delivered by experienced quantitative traders. The offering includes market data, exchange connectivity, order management and accounting capabilities. Etale’s execution algorithms incorporate machine learning-based quantitative models to enable clients...

by BusinessWire

Real Estate Platform

Remine Welcomes MLS Executive Quinn Nichols and Implementation Expert Troy Feeken

January 29, 20204 min

Remine, a leading real estate technology company, announced today the addition of two new members to the leadership team: Quinn Nichols has been appointed as vice president of communications. Amid successive growth and a continued increase in industry demand, Nichols arrives at a pivotal time for the company. Additionally, Troy Feeken has been named senior director of MLS product and implementation. “Quinn is an outstanding addition to the Remine team, as she brings a deep blend...

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