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Northstar, a fintech company that enables employers to offer financial wellness as an employee benefit, announced $10.7 million in financing, including a new $7.3 million Series A led by M13 with participation from Foundation Capital and Workday Ventures. The investment comes on the heels of breakout growth and adoption from leading employers including Zoom, ServiceTitan, and Thumbtack. Northstar makes financial guidance accessible to all individuals by reimagining it as an employer-provided benefit. The innovative platform...

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HUB International Limited (Hub), a leading full-service global insurance broker, announced today that it has acquired the assets of Baystate Fiduciary Advisors, Inc. (Baystate Fiduciary Advisors). Terms of the transaction were not disclosed. Based in Boston, Massachusetts, Baystate Fiduciary Advisors is a firm offering investment fiduciary advisory services to 401k and 403b plan sponsors with both a general business approach and a strong concentration in the non-profit sector. Baystate Fiduciary Advisors manages $2.9 billion in assets and services as of September 2020. Gregg Andonian, Managing Partner of Baystate Fiduciary Advisors, will join Hub Retirement and Private Wealth (Hub RPW) in New...

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First Automated Loan-Trading Platform Built Exclusively for Financial Institutions Now Available in Private Beta CEO, Co-Founder Banerjee Says ORSNN Will ‘Digitally Transform’ Loan Portfolio Trading by Leveraging Cloud Computing, Machine Learning ORSNN, a fintech startup that builds end-to-end solutions for managing and trading loan portfolios, today launched a private beta platform that provides financial institutions with a low-cost, transparent, and automated loan-trading system. Powered by machine learning and cloud technology, the ORSNN beta platform has...

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Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEX: 02318; SSE: 601318) has been voted Best Overall Outstanding Company in China and Most Outstanding Company in China – Insurance Sector in the Asia’s Outstanding Companies Poll 2020 by financial publication Asiamoney. This is the third consecutive year Ping An has taken the insurance title. The poll, covering 12 Asia Pacific capital markets, recognizes Asia’s most outstanding listed companies in each market and sector in areas such as financial performance, management...

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