All articles by BV Swagath
Insurance software platform Functional Finance raises $8m in seed capital
The startup has designated the infusion of funding for the purpose of advancing product development and enhancing client relationships
First Federal Savings & Loan joins forces with Bankjoy to enhance digital banking experience
Through the partnership, First Federal’s customers will get convenient access to a wide range of mobile and online banking features, integrated loan applications, and other advanced functionalities
Kestra Private Wealth Services adds Kaizen Wealth Planning in Texas expansion
Kaizen Wealth Planning, which is based in Victoria, Texas, manages $170m in client assets
Glendower Capital closes $5.8bn secondary private equity fund
Following Glendower’s merger with CVC in 2022, the closing of SOF V marks the first fund to be closed post-merger completion
Vanquis Banking acquires money-saving fintech Snoop
The London-based Snoop is engaged in offering personalised insights to its customers, empowering them to achieve a comprehensive understanding of their finances and improve money management skills
First Hawaiian Bank partners with Q2 to enhance client relationships and drive profitable deals
The objective of the partnership is to enhance client relationships, promote internal team collaboration, and enable the facilitation of more profitable deals for FHB
Ennabl rakes in $8m in Series A for insurtech data analytics platform
The infusion of capital is expected to accelerate the company’s growth and bolster its market reach
GBST acquires financial planning software provider Advice Intelligence
GBST’s acquisition of Advice Intelligence is perceived as a strategically complementary move to its earlier acquisition of Salesforce adviser solution, GBST WealthConnect
Mediobanca, Founders Factory to launch fintech venture studio and accelerator
During the upcoming five years, the Mediobanca/Founders Factory partnership aims to establish and invest in a total of 35 fintech businesses
Bracket Capital closes $450m Fund III to invest in tech companies
Fund III will implement a capacity-constrained approach, with a focus on seizing significant co-investment opportunities