AppZen, a global leader in agentic AI for finance teams, has secured $180 million in growth funding led by Riverwood Capital, a firm recognized for its expertise in scaling technology companies. The funding will accelerate AppZen’s mission of bringing autonomous finance to enterprises worldwide. Built on its proprietary ZenLM models and Mastermind AI Automation Platform,
OneDigital, a leading insurance brokerage, financial services, and workforce consulting firm, announced that it has received a majority investment from funds managed by Stone Point Capital and Canada Pension Plan Investment Board (CPP Investments). The deal values the company at more than US $7 billion and is set to drive OneDigital’s next phase of growth
Juniper Square, a leading fund operations partner supporting more than 2,000 private markets general partners (GPs), announced a strategic investment from Nasdaq Ventures aimed at accelerating innovation in private markets technology. Alongside the investment, Nasdaq (Nasdaq: NDAQ) and Juniper Square will enter into a strategic partnership to explore opportunities that advance integrated data solutions and
FieldAI, a leader in robotic autonomy and embodied AI, has secured $405 million through two consecutive funding rounds backed by investors including Bezos Expeditions, BHP Ventures, Canaan Partners, Emerson Collective, NVentures, the venture arm of NVIDIA, Temasek, Prysm, Intel Capital, and Khosla Ventures, among others. Previous supporters such as Gates Frontier and Samsung also participated.
Through the use of SAS Managed Cloud Services and the SAS Solution for IFRS 17, Malayan Insurance, one of the biggest non-life insurers in the Philippines, has fully prepared for IFRS 17 two years ahead of the nation’s extended compliance date. This early adoption positions the company as a leader in regulatory transformation within the
Vector AIS, a leading fund administrator specializing in closed-end alternative investment funds, has introduced Valence Vero. This advanced solution is designed to transform investor onboarding and compliance. Built specifically to meet the unique operational needs of private capital, Valence Vero offers fund managers a unified platform that combines modern workflows, integrated KYC/AML capabilities, and a
Manulife Financial Corporation has announced its agreement to acquire a 75% stake in Comvest Credit Partners for US $937.5 million in upfront cash consideration. This strategic acquisition is set to significantly scale Manulife’s private credit capabilities, bringing together Comvest’s US $14.7 billion in assets and Manulife’s US $3.7 billion Senior Credit business to form an
ComplyControl, a UK-based provider of AI-driven compliance technology, has unveiled ComplyControl SafeStart — a specialized initiative aimed at supporting fintech startups across the EU and UK. This new program is designed to empower early-stage companies with the tools and guidance needed to establish trust, accelerate growth, and maintain regulatory compliance from the very beginning of
Following a formal evaluation by Standard & Poor’s (S&P), a well-known credit rating agency with a stable outlook, Fidelidade – Companhia de Seguros, S.A. and its reinsurance branch, Fidelidade RE – Companhia de Resseguros, S.A., were given long-term Issuer Credit Ratings (ICR) and Financial Strength Ratings (FSR) of ‘A’. This rating reflects S\&P’s confidence in
Georgia-Pacific has officially announced a significant capital investment in its Englehart OSB (Oriented Strand Board) mill, located in Ontario, marking a major step in the facility’s ongoing growth and modernization. The company plans to invest approximately $140 million USD, equivalent to around $191 million CAD, to upgrade the mill’s infrastructure. This investment will be directed
Global fintech leader iCapital has raised over $820 million in its latest funding round, pushing its valuation beyond $7.5 billion. The financing was co-led by T. Rowe Price and SurgoCap Partners, with ongoing backing from existing investors Temasek, UBS, and BNY, and support from State Street. Founded in 2013, iCapital provides a comprehensive technology and
Timestamp Financial, a regulated investment platform for startup investing, today announced a strategic partnership with BitGo, the leading infrastructure provider of digital asset solutions, through which BitGo will serve as Timestamp’s official custodian and escrow partner. Timestamp’s integration of BitGo’s custody and escrow solutions is the first step towards their forward-looking strategy for startup capital
