Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, announced today the acquisition of Cabrera Insurance & Financial Services, providing the 7th acquisition in the state of Arizona for Inszone. Cabrera Insurance & Financial Services was founded in 1999 in the Biltmore area of Phoenix, Arizona by Steve Cabrera.
Europe has become a hotspot in open banking and embedded finance. Based on the principles of plug & play APIs, openness and progressive regulation, we witness the emergence of an digital ecosystem that delivers on the promise of every company to be a fintech company and hyper-personalized app experiences. Date and time Tue, 25
CIBC today announced its new Equipment Finance team within its US Commercial Banking group, its 16th specialty banking area. “At CIBC, we know how important machinery and equipment are in order to successfully deliver products and services to our clients,” says Bruce Hague, president, US Commercial Banking. “We’re pleased to offer client-centric solutions that are
Tier1 Financial Solutions , a leading provider of client relationship management (“CRM”) solutions, AML compliance and fraud prevention solutions, has received new equity financing from a group of investors led by Wavecrest Growth Partners (“Wavecrest”) and MassMutual Ventures. This latest investment in Tier1 will help drive the next generation of connectivity between compliance workflows and
Cion Digital, developers of the first enterprise SaaS blockchain orchestration platform, today announced it has closed a $12 million Seed Capital raise. The capital will be utilized to expand R&D resources and accelerate the rollout of crypto financing and payment solutions tailored for Financial Services companies (Lenders, RIA’s, Banks and Neobanks) and Big Ticket Retailers
Regions Financial Corp. , the parent company of Regions Bank, on Tuesday announced it has completed its acquisition of Clearsight Advisors, Inc. The acquisition expands Regions’ mergers-and-acquisitions (M&A) advisory capabilities into the technology industry. Clearsight will be incorporated into Regions Bank’s Capital Markets division. Over the last decade, Clearsight has built a solid reputation as
First Western Financial, Inc., parent company of First Western Trust Bank, (the Bank), today announced the completion of its acquisition of Teton Financial Services, Inc. (Teton Financial Services), parent company of Rocky Mountain Bank, effective December 31, 2021. The closing of this transaction merges Teton Financial Services’ three branches in the state of Wyoming, total
BankFirst Capital Corporation, parent of BankFirst Financial Services (the “Bank”), today announced the completion of its acquisition of The Citizens Bank of Fayette, Fayette, Alabama (“Citizens Bank”) from F.B.H. Corporation, an Alabama corporation (“F.B.H.”). The acquisition results in BankFirst having 32 offices serving Mississippi and Alabama, with total assets of approximately $2.0 billion, gross loans
Future FinTech Group Inc. , a leading blockchain-based e-commerce business and a fintech service provider, announced today that the Company has established a new blockchain division that will manage its existing blockchain sector business which will include the further formulation and execution of its strategic growth plan. Mr. Zhi Yan has been appointed as the
Amador Bioscience, a global translational sciences and clinical pharmacology CRO, announced today that it has completed 60MM USD Series B+ financing led by MSA Capital, a global private equity firm. Other participating investors include Series B Co-leads GL Ventures (venture capital arm of Hillhouse Group) and Sequoia Capital, and Series A lead VC Co-win Ventures.
Artificial intelligence has been around for a while, but it’s only within the last few years that AI has started to have an impact on banking. And this is not just through things like chatbots – AI can be used to help banks reform their customer experience in ways that are more human-centric. In this
Azure Power Global Limited , a leading independent renewable power producer in India, today announced certain operational and financial updates in connection with the Rights Offering that was also announced today. This is not an offer to sell or purchase nor the solicitation of an offer to sell or purchase securities and shall not constitute
