management - FinTecBuzz

CFA Institute Announces Agenda for Flagship Alpha Summit GLOBAL

April 7, 20229 min

Virtual conference for investment and wealth professionals set to welcome more than 3,000 delegates CFA Institute, the global association of investment professionals, today announced the agenda for its flagship conference, Alpha Summit GLOBAL, set to take place between 17 and 19 May 2022. Registration is now open. A fully virtual three-day event, Alpha Summit GLOBAL will address the industry’s biggest challenges and trends. Calling on investment leaders and practitioners to “think beyond the horizon,” Alpha Summit GLOBAL will deliver engagement with renowned...

by PRNewswire

Investments

ACON Investments Acquires Stake in Sapore S.A

April 7, 20224 min

ACON Investments, L.L.C. (“ACON“) announced today that affiliates of ACON Latin America Opportunities Fund V, L.P. (“ALAOF V“) and its co-investors have acquired an equity stake in Sapore S.A. (“Sapore” or the “Company“). Sapore is the largest privately-owned corporate foodservice business in Brazil, serving blue-chip clients and operating more than 1,100 facilities throughout the country. Founded in 1992, Sapore is based in Campinas, São Paulo and serves more than 1 million meals daily to companies in...

by BusinessWire

Banking

Summit Bank Hires Aaron Walker as Chief Credit Officer

April 6, 20224 min

Craig Wanichek, President and Chief Executive Officer of Summit Bank, today announced the hiring of Aaron Walker as Chief Credit Officer. Walker has nearly 30 years of experience in banking with a balanced mix of senior management positions in Commercial Real Estate and Commercial and Industrial Lending. Most recently, Walker was the manager of Commercial Real Estate lending for Columbia Bank, responsible for growing and managing a $1.2 billion portfolio of income property loans. Before...

by PRNewswire

Payments

IR launches new product- Real-Time Payments

April 5, 20224 min

The solution provides real-time visibility for better cash management and draws actionable insights from complex transactional data patterns. Banks and financial institutions can gain from providing better customer experience and making more informed data-based business decisions. IR (ASX:IRI) a leading global provider of performance management and analytics for unified communication and collaboration, IT infrastructure, and payment ecosystems, today announced the launch of their new product – Real-Time Payments, as an extension to the existing...

by BusinessWire

Payments

Budget Insight Raises $35 Million in Funding From PSG Equity

April 4, 202210 min

The management team and Crédit Mutuel Arkéa will remain shareholders alongside PSG Equity. A clear ambition: to emerge as Europe’s leader in Open Finance, a sector currently consolidating around a handful of big players. An ambitious business development strategy driven by inorganic growth and a sustained investment plan. Budget Insight plans to hire 50 people this year. Budget Insight, the leading aggregator of banking and financial data in France and a pioneer of Open Finance1 in...

by BusinessWire

Investments

Arria NLG Appoints Mark Goodey to Lead Arria’s Investment Business

March 29, 20224 min

Arria NLG, a leading provider of natural language generation (NLG) technologies, has appointed Managing Director and Innovation Strategist, Mark Goodey, to cement Arria Investment Analyst as the Banking, Financial Services, and Insurance (BFSI) industry leader. Arria Investment Analyst uses natural language technologies to bring 100 percent accuracy to investment analysis and to create data-driven investment commentary. “I am excited to lead this initiative,” said Goodey. “Arria’s Investment Analyst uses natural language technology to analyze investment portfolio performance. It’s...

by PRNewswire

Insurance

Intermap Expands European Insurance Solutions

March 25, 20228 min

Company upgrades its risk management application and grows client subscriptions

by BusinessWire

Blockchain

Tea Raises $8Mn Led by Binance Labs to create blockchain software

March 24, 20226 min

Tea, a new company building an open source software platform on the blockchain, today announced an $8 million seed funding round led by Binance Labs, the venture capital and innovation incubator of Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider. Open source has been foundational for the Internet, underpinning everything online for more than twenty-five years. Tea Co-Founder and CEO Max Howell created the open-source software package management system Homebrew, also known as...

by PRNewswire

Investments

Petale is reinventing financial asset management

March 22, 20224 min

In Paris on March 22, 2022, Petale Group, a European Fintech firm, is launching a global first: a pioneering approach to innovative financial services combining Web 3.0, digital finance and traditional asset management

by PRNewswire

Insurance

Two Insurance Powerhouses Join ennabl’s Board

March 21, 20225 min

Insurtech trailblazer ennabl recently made news after securing a $4M seed round. Now, ennabl is announcing that two prominent insurance industry leaders, Jim Hackbarth, former President & CEO of Assurex Global, and Jack Butcher, President at Hagerty, have joined their board of directors. Jim Hackbarth is a senior advisor to and former President & CEO of Assurex Global, the world’s largest privately-held risk management and commercial insurance brokerage group. Jim brings over 30 years of experience in the insurance and other industries...

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