Allianz X Announces Strategic Investment in Coterie Insurance
- 1 day 15 hours ago
- Investment
Allianz X, the strategic investment arm of the Allianz Group, is pleased to announce a strategic equity investment in Coterie Insurance (Coterie), a tech-enabled, data-powered managing general agent (MGA) specializing in property and casualty (P&C) commercial insurance products for small to mid-size business (SMB) owners in the United States.
Finastra Enhances Fusion Invest for Annuities Market
- 1 day 15 hours ago
- Investment
Finastra, a global leader in financial services software, today announced the availability of new functionality within Fusion Invest to serve the specific needs of annuities carriers. Enhancements include the automation of dynamic hedging of annuity contracts, providing greater transparency and operational efficiency for both traders and risk management teams.
Profile Software Unveils Major Upgrade to Axia Investment Management Solution
- 5 days 14 hours ago
- Investment
Profile, a leading international financial solutions provider, announces a major upgrade to its flagship Axia solution, placing artificial intelligence and intelligent automation at the core of the wealth management experience. The latest release transforms how financial institutions and wealth managers interact with data, clients, and investment opportunities, setting new standards for efficiency, transparency, and personalisation.
Pipe Announces New Integration With Uber, Empowering Restaurants With Access to Working Capital
- 5 days 15 hours ago
- Investment
Pipe, a fintech company offering embedded capital products to small businesses, and Uber Technologies, Inc. today announced a strategic relationship that will provide hundreds of thousands of restaurants in the US access to working capital.
Kraken Completes Major Acquisition of Breakout to Offer Prop Trading to Clients Globally
- 1 week 4 days ago
- Investment
Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today announced its acquisition of Breakout, an evaluation-based proprietary trading firm that provides skilled traders with the opportunity to earn payments for successfully deploying strategies at scale.
Cyrannus Enhances Revolutionary VC Platform with Introduction of Investor Access
- 2 weeks 6 days ago
- Investment
Cyrannus is transforming venture capital with the first AI-powered primary and secondary market platform built for accredited investors—leveraging artificial intelligence and an expert community to source, evaluate and score early-stage equities at scale.
Alternative Investments Now Available in Unified Managed Accounts at Wells Fargo
- 3 weeks 11 hours ago
- Investment
Wells Fargo’s Wealth & Investment Management (WIM) division, in collaboration with InvestCloud, now offers alternative investments as an eligible investment in its Personalized Unified Managed Account (Personalized UMA) program. This move demonstrates WIM’s market leadership as one of the first large wire houses to make this option available at scale and provides both advisors and clients with greater choice and convenience by allowing more... more
Truist Announces Significant Multi-Year Investment in High-Growth Markets
- 3 weeks 5 days ago
- Investment
Truist Financial Corporation today announced a significant strategic growth investment over the next five years to attract new and grow existing client relationships in some of the strongest growth markets in the country. The investments include building 100 new insights-driven branches, renovating more than 300 branches in high-opportunity markets, enhancing digital capabilities and hiring additional Premier advisors to serve clients with more... more
FIS Launches Investor Services Suite to Transform Investor Servicing Lifecycle
- 1 month 2 days ago
- Investment
Global financial technology leader FIS® has launched FIS® Investor Services Suite, an end-to-end solution designed to transform the investor servicing landscape for financial institutions, as well as alternative and traditional fund managers.
British Business Bank Increases Commitment to Beach Point Capital UK to £50M
- 1 month 1 week ago
- Investment
Today, the British Business Bank announces an increased commitment to Beach Point Capital UK’s dedicated UK SME lending fund, taking the Bank’s total commitment to £50m. The increased commitment will provide additional lending capacity, supporting smaller businesses with growth ambitions across the UK. The British Business Bank previously backed the fund in July 2022.
TreasurySpring And Hazeltree Announce Strategic Partnership To Integrate Fixed‑Term Investment Products Into Hazeltree’s Platform
- 1 month 2 weeks ago
- Investment
TreasurySpring, the global cash investment platform, has today announced a strategic partnership with Hazeltree, the leading provider of integrated treasury and liquidity management and optimisation solutions for the alternative asset management market.
Fiserv Announces Strategic Relationship With TD
- 1 month 3 weeks ago
- Investment
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced that it has signed a multi-year Strategic Managed Services program agreement with TD Bank Group, where TD Merchant Solutions will utilize Fiserv technology, including Clover, the world's smartest point-of-sale system, for its merchant business. This agreement deepens Fiserv’s relationships in Canada and creates new opportunities to scale Clover... more
FCA To Modernise Rules To Unlock Investment
- 2 months 1 week ago
- Investment
The FCA is planning to review its client categorisation rules to unlock more opportunities for wealthy investors and support capital markets, driving economic growth. The reform will build on 10 initiatives the FCA has already delivered since January to support growth, with around 50 to be completed by the end of the year.
SoFi Expands Access To Private Markets With Funds From Cashmere, Fundrise And Liberty Street Advisors
- 2 months 1 week ago
- Investment
SoFi has expanded access to alternative investments to include new private markets funds from asset management firms including Cashmere, Fundrise and Liberty Street Advisors. Through these funds, investors can gain exposure to multiple private companies across AI, machine learning, space technology, consumer products, healthcare, e-commerce, and financial technology, like OpenAI, SpaceX, Graza, Epic Games, and more.
MetaWealth Becomes First RWA Investment Platform To Distribute 1 Million USD To Token Holders
- 2 months 2 weeks ago
- Investment
MetaWealth, a leading platform for tokenized real estate investment, today announced it has surpassed a major milestone, distributing $1 million in yield income to its global community of investors.