Parallel Finance, the leading decentralized lending and staking protocol that aims to bring decentralized finance to the mainstream, today announced its partnership with Acala Network on its new aUSD Ecosystem Fund that supports and invests in early-stage startups building on any parachain with a strong aUSD use case. Acala is a decentralized finance hub and
2021 was a big year for cryptocurrency. But what’s next in 2022?
Apple is acquiring the UK-based fintech startup Credit Kudos for an undisclosed amount, as Apple typically doesn’t disclose the price of its acquisitions. Credit Kudos last raised £5 million ($6.5 million) in funding back in April 2020. Neither Credit Kudos or Apple could be reached to confirm the deal, which was first reported by the crypto-focused publication The
Monzo Bank Limited is a company registered in England and Wales (No. 09446231). Monzo Bank Ltd is authorized by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. Our Financial Services Register number is 730427.
Elephant Insurance, a Virginia-based, digital-first auto insurance company, today announced a new partnership with Smart Choice, a network providing independent insurance agents with access to top-rated markets, product training, and sales and marketing support. Elephant’s auto insurance policies will now be offered by Smart Choice agency partners. Read More
CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc., announced today that it will expand its restaurant finance group that will focus on building trusted relationships with established and high-growth restaurant chains. The Bank hired Bobby Oliver to lead the restaurant finance group as Executive Director, Restaurant Finance Group. Read More
EmPRO Insurance Company and its parent company (“EmPRO” or collectively “the Company”), the third largest admitted medical malpractice insurer in New York State, today announced that the Company recorded another year of outstanding financial performance in 2021, growing its surplus by $29 million, achieving $16 million in underwriting gains, and achieving a combined ratio of 78.9
The financial services (FS) sector has been going through a period of astonishing change, writes Ion Fratiloiu, Head of Commercial at Yobota, with a groundswell of new offerings and ideas arriving at an ever-more impressive pace. Every week, new companies pop up with bright and innovative visions for the future, with banking-as-a-service (BaaS) providers making
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Many people do not enjoy the process of thinking through what happens to their assets after they pass away. But the decisions to be made are a crucial part of estate planning. Life can be complicated, and there are many advantages to having a trust in place. But the jargon surrounding trusts can be overwhelming.
Senior Economist Mark Vitner and Economist Charlie Dougherty discuss the impact of higher interest rates and inflation on the commercial real estate market.
