The Jumpstart Our Business Startups (JOBS) Act of 2012 has completely revamped the investing landscape. This development ended an 80-year law and opened many digital opportunities for syndicates, as investors could now come to them. Read on to know more about how this act has changed the landscape for real estate crowdfunding.
Distinguished Programs (“Distinguished” or the “Company”), a national insurance program manager, is pleased to announce that it has entered into a definitive agreement with Aquiline Capital Partners LLC (“Aquiline”) to acquire a majority stake in the Company. Aquiline is a private investment firm based in New York and London with $7.5 billion in assets under management. Financial details of the transaction were not disclosed. In conjunction with Aquiline’s investment, Andy Potash, Founder and CEO of Distinguished, will retain a significant minority equity...
Athenium Analytics, a leading provider of enterprise risk analytics for insurance carriers, has announced the release of GaugeQuality, a new Software-as-a-Service (SaaS) solution built to deliver business growth through insight-driven process improvements. GaugeQuality is a new insurance compliance, reporting and workflow-automation suite built on a foundation of 20 years of best practices that Athenium Analytics has established from working with the world’s top insurance carriers. Athenium Analytics will officially debut the new claims and underwriting audit...
United Community Bank is proud to announce it once again ranked Highest in Customer Satisfaction with Consumer Banking in the Southeast according to the J.D. Power 2022 U.S. Retail Banking Satisfaction Study℠. This marks the 8th out of the last 9 years that United has received this recognition, and the third consecutive year. The J.D. Power U.S. Retail Banking Satisfaction Study is the longest-running and most in-depth study of the retail banking industry. Now in its 17th...
On first day, over 10,000 first movers from around the world sign up Reltime launched its revolutionary global decentralised financial (DeFi) ecosystem today, with over 10,000 people signing up on www.reltime.com. To celebrate this milestone, Reltime organised a virtual Global Launch Party on Monday morning in the presence of CEO, founder and inventor Frode van der Laak and many of Reltime’s first movers. Reltime is the first blockchain company to have created a unique global platform from...
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,...
Mass Shift to Digital Creates Challenges for Brands Looking to Drive Superior Customer Engagement
Covr Financial Technologies (Covr), a leading digital life insurance platform, has completed its Series B fundraising round including new investor Stone Point Ventures, and strong existing investor participation from Sony Innovation Fund by IVG, Aflac Ventures, Allianz Life Ventures, Connecticut Innovations, Fairview Capital, Contour Venture Partners, Commerce Ventures and Tribeca Early Stage Partners. Covr’s digital insurance technology is rapidly becoming the platform of choice for financial institutions and independent agents by offering a single digital insurance journey for...
Following recent significant investments in JDX Consulting and Wrexham, Delta Capita (the Financial Services division of Prytek) has selected Bangalore as a prime location for its expanding global footprint. The Delta Capita Bangalore office has opened in Karnataka with a team of 21 and is expected to more than double by June. The new office will support Delta Capita’s CLM (Client Lifecycle Management) managed services business and there are plans to expand and serve other business lines...
In the banking industry, transparency is needed at all levels. This article will introduce you to blockchain and its use cases in the fintech domain.
