Business - FinTecBuzz

DigitalBridge Credit Announces $220 Million Debt Investment

April 4, 20224 min

DigitalBridge Group, Inc. (NYSE: DBRG) today announced that, its Digital Credit division (“DigitalBridge Credit”), in partnership with CPPIB Credit Investments III Inc., a wholly owned subsidiary of Canada Pension Plan Investment Board (“CPP Investments”), it has invested $220 million in the form of a holding company term loan to support the continued growth of Everstream Solutions, LLC (“Everstream”). Founded in 2014 and headquartered in Cleveland, Ohio, Everstream delivers a business-only, enterprise-grade fiber network with the...

by BusinessWire

Blockchain

Accenture Named a Leader in Enterprise Blockchain Services

April 4, 20226 min

Accenture’s depth of technical expertise and leadership in blockchain highlighted as key strengths

by BusinessWire

Insurance

Resolution Life Builds Singapore Presence for Asian Life Insurers

April 4, 20225 min

Resolution Life is pleased to announce the formation of its new Representative Office in Singapore Resolution Life aims to grow its in-force business in Asian mature markets, by providing solutions to the primary life industry Resolution Life Group Holdings L.P. (“Resolution Life”) is delighted to announce the formation of its new Representative Office in Singapore, following recent approval by the Monetary Authority of Singapore. The formation of the Representative Office is the first step in...

by PRNewswire

Investments

Aphelion Aerospace secures investment from The Mercury Group

April 1, 20226 min

Aphelion Aerospace, based in Denver, Colorado, USA, is establishing itself as the one-stop-shop for low-cost small satellite assembly and integration, and on-demand launch operations from practically anywhere around the world. Aphelion announced today that it has received significant investment from strategic investors including The Mercury Group of North Carolina and Founder Advisors of Colorado. These investments represent the first of several that are starting to materialize as part of Aphelion’s Series Seed which the company is running in parallel...

by PRNewswire

Insurance

Insurance Brokers Market 2022 Overview – The Business Research Company

March 31, 20228 min

TBRC’s insurance brokers market report outlines (and provides great detail on) the market size, growth forecasts, competitive landscape, and so much more The increase in the growth of the middle class in emerging countries such as India and China is expected to drive the insurance brokers market. The middle-class segment is growing rapidly and is forecast to reach 5.3 billion by 2030 with the majority of growth taking place in Asian countries such as India, China, Indonesia and Philippines. The rise in the middle-income group...

by BusinessWire

Payments

Magnati Enables Businesses to Accept Contactless Payments

March 29, 20226 min

Businesses of all sizes will be able to use Android smartphones and tablets as contactless payment terminals

by PRNewswire

Crypto Currencies

TradeStation® Crypto Launches in Puerto Rico

March 28, 20225 min

Residents in Puerto Rico can now apply for a TradeStation Crypto account as TradeStation Crypto continues to expand.

by BusinessWire

Insurance

AM Best affirms FSR for The Penn Mutual Life Insurance & subsidiaries

March 24, 20226 min

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) of The Penn Mutual Life Insurance Company (Penn Mutual Life) (Horsham, PA) and its wholly owned subsidiaries, The Penn Insurance and Annuity Company (Wilmington, DE), Vantis Life Insurance Company (Windsor, CT) and The Penn Insurance and Annuity Company of New York (Brewster, NY). These companies collectively are referred to as Penn Mutual Group...

by PRNewswire

API

Codat announces new Sync for Commerce API

March 22, 20225 min

Majority of US merchants use multiple commerce platforms, according to Codat market research. Codat launches new Sync for Commerce product to address small business admin burden created by multi-channel commerce with launch partner Mollie.

by PRNewswire

Payments

Trust Payments launches Stor e-commerce platform in the US

March 22, 20224 min

Trust Payments, the disruptive leader in fintech specializing in frictionless payments and value-added services, is today launching Stor, an innovative e-commerce platform for small and medium businesses. Through the launch, Trust Payments is enabling ISOs, banks and other third parties to sell Stor direct to merchants in the USA. The US launch comes after Trust Payments completed its acquisition of the Stor technology in early 2022 to accelerate e-commerce offerings for small and medium sized organizations who...

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