Company - FinTecBuzz

AM Best Assigns Credit Ratings to Omaha National Insurance Company

May 4, 20226 min

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Omaha National Insurance Company (ONIC) (Omaha, NE). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect ONIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The very strong balance sheet assessment reflects ONIC’s strongest...

by PRNewswire

Investments

Ellevest Raises $53M in Series B Funding

April 11, 20226 min

Doubling down on its mission to get more money in the hands of women, 90% of Ellevest’s Series B investors are women and underrepresented investors, contributing 68% of total funds Ellevest, the financial company built by women for women, today announced a $53M Series B funding round. The round was co-led by BMO and Contour Venture Partners. It included investments from several new women-led investors, including Halogen Ventures, Cleo Capital, New York Ventures of Empire State Development,...

by BusinessWire

Crypto Currencies

Sphere 3D Names Patricia Trompeter CEO

April 6, 20228 min

The Company will expand its Board of Directors to five members and establish an executive advisory board in the second quarter of 2022 Sphere 3D Corp. (Nasdaq: ANY) (Sphere 3D), dedicated to becoming the leading carbon-neutral bitcoin mining company operating at an industrial scale, has announced that Patricia Trompeter will become Sphere 3D’s CEO and that Duncan McEwan will transition to be Chairman of the Board of Directors. Peter Tassiopoulos, former CEO of Sphere 3D,...

by BusinessWire

Banking

WaFd Bank Promotes Doron Joseph to Regional President for Nevada

April 6, 20223 min

Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), today announced the promotion of veteran commercial banker Doron Joseph to lead the bank in Nevada as its first Regional President in the Silver State. Doron came to WaFd in 2019 as Director of Commercial Banking in Las Vegas and has been instrumental in growing the region’s commercial banking. In his 25 years in finance, Mr. Joseph has held various...

by BusinessWire

Blockchain

CasperLabs Appoints Michael Dobak as Company’s First CMO

April 5, 20224 min

Former Ogilvy Regional CEO brings proven experience in creating iconic brands for Fortune 100 technology companies

by BusinessWire

Insurance

AM Best Assigns Credit Ratings to C&T Insurance Company

April 4, 20225 min

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to C&T Insurance Company (C&T) (Vermont). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect C&T’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). C&T is a single parent captive of MasTec, Inc. (MasTec)...

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

Crypto Currencies

OLB Group Inc. to Report Fourth Quarter and Full Year 2021 Results

March 29, 20227 min

The OLB Group, Inc. (NASDAQ: OLB) (“OLB”, the “Company”), an emerging FinTech company leveraging proprietary omnicommerce and blockchain technology to build customized payment solutions, will release financial results for the fourth quarter and full year ended December 31, 2021 after market close on Monday March 28, 2022. Management will host a conference and video call today at 4:15 p.m. Eastern time to discuss OLB’s financial results for the fourth quarter and full year 2021, provide...

by PRNewswire

Crowdfunding

Stop Searching, Start Investing: Evren’s StartEngine Launch

March 25, 20223 min

Evren Technologies, Inc., developer of the post-traumatic stress disorder (PTSD) treatment solution that recently received Breakthrough Device Designation from the FDA, has launched a Regulation Crowdfunding (Reg CF) capital raise with StartEngine. Based on pilot trial results, Evren’s transcutaneous auricular vagus nerve stimulation (taVNS) device will reduce PTSD symptom severity with no adverse side effects. With elevated rates of PTSD due to the pandemic and an unmet medical need for two-thirds of patients, Evren’s device...

by PRNewswire

API

Idera, Inc. Acquires SaaS Industries

March 23, 20223 min

Idera Bolsters API Portfolio through Addition of Digital SaaS Brand and API-Provider SaaS Industries GmbH

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