The company raised $5 million in financing to develop a mobile app for businesses to manage their financials.
Most recently, Patrick served as Head of Marketing for PayPal, North America. Prior to that, he was Senior Vice President, Head of Marketing at Victoria’s Secret.
Friends & Family Capital is Figure’s inaugural investment fund partner, leveraging Figure’s Digital Fund Services offering for capital raising, investor onboarding and KYC/AML/BSA via Passport, digital subscriptions, capital calls and transfer agent services.
Mouro Capital, Banco Santander’s $400 million fintech venture fund, invested in Roostify.
The target legal entity structure is expected to be implemented by the end of 2021.
The round follows a $300 million debt round announced last year.
Plymouth Rock Assurance announced the launch of its Motorcycle Insurance for riders across New Jersey and Pennsylvania. Introduced less than a year after the company acquired Rider Insurance Company.
He succeeds Deanna M. Mulligan, who will serve as Board Chair through year-end, when she will retire after leading the company for a decade.
According to Zurich, the decision to expand to France is based on various studies that suggest the French are aware of product protection and that 72% will consider purchasing this coverage.
Independent agents can take the express lane when quoting auto from anywhere they may interact with customers, easily adding a renters policy with one click
AmeriLife acquired a majority interest in The Achievement Group (TAG), an annuity and life organization founded in 1994 with offices in Iowa and Florida.
To help clients achieve HPP status, AXA XL's Construction Risk Engineers have curated a variety of construction technologies to help contractors find solutions that fit their business needs.
Liberty Mutual offers workers compensation solutions through its Global Risk Solutions (GRS) division.
IndiaFirst Life is promoted by two of India's largest public-sector banks - Bank of Baroda and Union Bank of India, which hold 44% and 30% stakes in the company, respectively.
Under the terms of the Agreement, the purchase price is $120 million in cash, reflecting a 3.7x multiple of LTM revenue.