All articles by BV Swagath

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