financial - FinTecBuzz

Life Insurance Insurtech Pendella Selected As Top 10 Startup

December 16, 20213 min

Pendella Technologies, a fast-growing technology company on a mission to take the bias out of life insurance, has been named a Top InsurTech Startup of 2021 by Insurance CIO Outlook. According to the publication, Pendella is one of 10 insurtech startups chosen this year by a distinguished panel of CEOs, CIOs, VCs, analysts and the Insurance CIO Outlook editorial board. Insurance CIO Outlook presented the winners, which also included prominent insurtechs Lemonade, Next Insurance and MetroMile, in its December...

by PRNewswire

Banking

Blue Ridge Bank Named Top 10 USDA B&I Lender

December 13, 20214 min

Blue Ridge Bank, N.A. (the “Bank”), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), is pleased to announce its inclusion to the top 10 commercial lender list by the U.S. Department of Agriculture Rural Development. This accomplishment designates Blue Ridge Bank as one of the leading 2021 U.S. Department of Agriculture lenders by volume for its Business & Industry (B&I) guaranteed loan program. The results were announced at the National Rural Lenders Association...

by BusinessWire

Investments

TA Associates Announces Growth Investment in Adcubum and tech11

December 13, 20216 min

TA Associates, a leading global growth private equity firm, today announced a strategic growth investment in Adcubum AG, a leading Swiss health and property & casualty (P&C) insurance software provider, and tech11 GmbH, a fast-growing insurance software provider serving the P&C market in Germany and across Europe. The investment will create a leading software provider in the health and P&C markets in Europe, leveraging the momentum of both Adcubum and tech11. Financial terms of the transactions...

by PRNewswire

Blockchain

Blockchain experts Yellow.com, Inc. and Openware, Inc to merge

December 7, 20215 min

Yellow and Openware, two leading Fintech industry product companies, join forces to scale their innovation. Yellow.com, Inc. and Openware, Inc. announced today that they had finalized the merging process, creating a global settlement network for their customers. The two companies will operate under the new name of Yellow Group. The combined umbrella brand has over 120 employees worldwide and multiple offices and coworking spaces in the United States, France, Thailand, UK and Ukraine. The Yellow Group is now focused on the development...

by PRNewswire

Banking

FinTech is Now a Necessity, Heralds the End of In-Person Banking

December 7, 20216 min

Blumberg Capital, a leading early-stage venture capital firm, today announced the results of its fourth annual survey of consumer behavior and attitudes on financial technology, known as fintech. The study, which polled 1,000+ U.S. consumers over the age of 21, revealed a significant shift in how consumers engage with and value fintech solutions. Following pandemic lockdowns, the majority of consumers (66%) now believe that fintech solutions are a necessity for personal finance, not just a...

by PRNewswire

Insurance

Ambetter from MHS Offers Health Insurance Across Indiana

November 30, 20217 min

Indiana residents can choose from a variety of plans that fit their needs and budgets Open enrollment for the Health Insurance Marketplace in Indiana runs through January 15, 2022. This year, Ambetter from MHS is offering affordable health insurance options statewide across Indiana through the federal Health Insurance Marketplace. “The COVID-19 pandemic revealed the importance of making healthcare more accessible to help ensure communities can receive the care they need,” said Kevin O’Toole, MHS President and CEO. “Ambetter from MHS has a diversity of...

by BusinessWire

Banking

Overview of the Chinese Private Banking Sector in 2021

November 29, 20214 min

The “2021 Chinese Private Banks Report” report has been added to ResearchAndMarkets.com’s offering. The 2021 Chinese Private Banks Report provides a comprehensive overview of the 19 private banks currently approved for operation in mainland China. China launched trials for the establishment and operation of private banks in 2014, as part of broader reforms of the state-dominated banking system. A key goal of the trials has been to improve financial inclusion in China by encouraging private banks to focus on...

by PRNewswire

Platforms

DeFiato Completes First Round of Private Fundraise

November 26, 20214 min

Strong investor interest and participation from prominent Decentralised Finance-focused funds such as DAO Maker and Mirana Ventures Surpassed 80,000 international users within 6 months DeFiato, a next-generation fintech platform for Decentralised Finance (DeFi), successfully completed the first round of its private token sale. Participating investors include leading DeFi-focused funds DAO Maker, Mirana Ventures (a venture partner of Bybit and BitDAO), CRC Capital, Double Peak Group, Dweb3 Capital and 7 O’Clock Capital. The strong interest and...

by BusinessWire

Insurance

Saudi Arabia Health Insurance Industry to 2026

November 19, 20217 min

The “Saudi Arabia Health Insurance Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″ report has been added to ResearchAndMarkets.com’s offering. The Saudi Arabia health insurance market reached a value of around US$ 6 Billion in 2020. Health insurance is a type of insurance coverage that periodically charges a sum from the policyholder and pays for medical and surgical expenses incurred by the individual in case of a medical emergency. An efficient health insurance plan includes services such...

by PRNewswire

Insurance

Independent Insurance Group, LLC Announces Key New Hires

November 17, 20212 min

Independent Insurance Group, LLC (“Independent Group”) announced today two new hires. Nancy Robertson has joined Independent Life Insurance Company as Vice President, Policy Administration, and Shannon Marconi has joined Independent Group as Assistant Vice President, Finance & Accounting. “We are thrilled to welcome Nancy and Shannon to our growing team,” said George Luecke, President and Chief Strategy Officer of Independent Group. “Their roles are crucial to the continued implementation of our strategic and operating initiatives. We look forward to further announcements soon,...

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