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Fleet Pivots to Providing a Modern Commuter Benefits Management Platform to Businesses, Brings Total Investment to $5 Million

Tue, 08/27/2024 - 09:12
SAN FRANCISCO--(BUSINESS WIRE)--Fleet, a modern commuter benefits management platform, has announced the close of its $2.5 million seed round led by Congruent Ventures with the participation of Great Oaks Venture Capital, Plug and Play Ventures, Rally Cap, and Virta Ventures. Fleet also brought on a strong bench of angels and advisors, with leaders in HR and fintech, including former execs at Robinhood and Brex, such as ex-COO Michael Tannenbaum. The seed round brings Fleet’s total venture capi

GoTo Releases New and Expanded Integrations Across Its IT Solutions Suite

Tue, 08/27/2024 - 09:12
BOSTON--(BUSINESS WIRE)--GoTo, the company making IT management, support, and business communications easy, today announced a series of new integrations across its IT management and support product portfolio. The latest integrations for GoTo Resolve, LogMeIn Rescue, LogMeIn Central, and Miradore make it easier than ever for IT and support teams to provide remote support and endpoint management from within their existing technology ecosystem – streamlining workflows, resolving problems, and crea

Erno Laszlo Taps Cart.com as Its Omnichannel Growth Marketing Partner

Tue, 08/27/2024 - 09:12
HOUSTON--(BUSINESS WIRE)--Cart.com today announced that luxury skincare brand Erno Laszlo has selected Cart.com to power its omnichannel growth marketing strategy.

Katara Raises $2.6 Million in Combined Pre-seed and Seed Funding Rounds to Power DevX Teams with its Agentic Workflow Automation Platform

Tue, 08/27/2024 - 09:12
DOVER, Del.--(BUSINESS WIRE)--Katara, the AI-agent workflow automation platform, has announced a successful $2.2 million seed funding round co-led by Diagram Ventures and Sparkle Ventures, with participation from StreamingFast and other strategic angels. This brings the total amount raised to $2.6 million inclusive of the pre-seed round. The Diagram-incubated AI company will use the funding to further propel development of its AI-agent marketplace, allowing clients to deploy and combine autonom

Plocamium Holdings Identifies Value Creation Opportunities in Southeast Asia’s High-Growth Markets

Tue, 08/27/2024 - 09:12
NEW YORK--(BUSINESS WIRE)-- #duediligence--Plocamium Holdings, a premier investment and financial services firm, has released an in-depth analysis spotlighting the dynamic private equity opportunities in Southeast Asia, with a particular focus on Vietnam, Thailand, and the Philippines. This research underscores the region's potential as a pivotal area for strategic investments driven by robust economic expansion, favorable governmental frameworks, and emerging market trends. “Private equity activity in Southea

ezCater’s Annual Report Shows Growing Influence of Employer-Provided Meals in Recruiting and Retention

Tue, 08/27/2024 - 09:12
BOSTON--(BUSINESS WIRE)--ezCater, the leading food for work technology company in the US, today released its annual report, "Food for Work 2024: The Growing Role of Food in Today's Workplace." Featuring insights from more than 2,800 employees, employers, food orderers and decision-makers, the report highlights the impact of workplace meals and their ability to drive employee satisfaction, retention, and productivity. According to the report, nearly 90% of employees surveyed have a more favorabl

PayJunction Expands Payment Capabilities with Text to Pay

Tue, 08/27/2024 - 09:12
SANTA BARBARA, Calif.--(BUSINESS WIRE)--PayJunction, a leading tech-focused payments company, announced today it has added Text to Pay capabilities to its No-code Payments Integration®, Virtual Terminal, and API. The new feature enables businesses to seamlessly and securely implement Text to Pay into current invoicing workflows, enabling them to accept customer payments via SMS Message. This helps businesses better meet customer expectations while improving collection rates, contributing to ove

Chime Kicks Off Nationwide Labor Day Tour to Unlock America’s Pay and Challenge the Pay Cycle Status Quo

Tue, 08/27/2024 - 09:12
SAN FRANCISCO--(BUSINESS WIRE)--Every day, American workers earn billions of dollars but more than 70% have to wait at least two weeks to receive their hard earned money.1 With growing inflation on everyday spend for things like gas, groceries, and car insurance, Chime - The #1 Most Loved Banking AppTM 2 - knows people need flexibility and control over their pay now more than ever. Chime is offering a common-sense alternative, MyPay, that lets Americans access up to $500 of their pay when they

RGA Announces $3.5 Billion Coinsurance Transaction with American National Insurance Company

Tue, 08/27/2024 - 09:12
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced it has reached an agreement with American National Insurance Company and its affiliates (collectively, “American National”) to reinsure a diversified block of life business through a coinsurance arrangement. Under the agreement, approximately $3.5 billion of American National’s statutory reserves will be transferred to subsidiaries of RGA. Policyholder

SMA Technologies Unveils AI Automation Assistant Otto for OpCon

Tue, 08/27/2024 - 09:12
HOUSTON--(BUSINESS WIRE)--SMA Technologies, the leading provider of automation solutions for financial services and the maker of OpCon workload automation and orchestration (WLA&O), is proud to announce the launch of Otto, an automation assistant integrated with OpCon in the cloud. Leveraging the power of AI technologies from Azure and OpenAI, Otto is designed to make life even easier for OpCon users. Otto is introduced to cloud customers via the web-based OpCon user interface, Solution Man

Rellevate Announces Partnership with Mastercard to Advance Digital Payments Capabilities in the U.S. Public Sector

Tue, 08/27/2024 - 09:12
STAMFORD, Conn.--(BUSINESS WIRE)-- #MastercardImpact--Rellevate, Inc., a fintech empowering consumers with innovative services for flexible money access, has announced a partnership with Mastercard to continue scaling payments and disbursements services in the public sector. Rellevate’s leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities. With a suite of public sector solutions that help communities shift to the safety, secur

The Presidio Group Exclusively Advises MileOne Autogroup on the Sale of Honda Dealership in North Carolina

Tue, 08/27/2024 - 09:12
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised MileOne Autogroup on the sale of a Honda dealership outside of Charlotte, N.C., to Hudson Automotive Group. The transaction, which was finalized Aug. 26, involved Hall Honda Huntersville of Huntersville, N.C., and its related real estate. MileOne

Experian’s Compliance Library named a 2024 Top HR Product of the Year by Human Resource Executive

Tue, 08/27/2024 - 09:12
COSTA MESA, Calif.--(BUSINESS WIRE)--Experian® today announced its Compliance Library solution has been recognized as a 2024 Top HR Product of the Year.

Cascadia Managing Brands Launches the Ultimate Industry Playbook: Flavors and Fortunes: Navigating the Food and Beverage World

Tue, 08/27/2024 - 09:12
RAMSEY, N.J.--(BUSINESS WIRE)-- #BeverageTrends--Cascadia Managing Brands today announced the release of Flavors and Fortunes: Navigating the Food and Beverage World, a no-nonsense handbook now available on the Cascadia Managing Brands website and Amazon.com for $1999. This expansive tome, spanning over 1100 pages, is the culmination of seven years of relentless work and distills three decades of front-line industry experience with giants such as Evian, Naked Juice, Fresh Samantha/Odwalla, Bain, Coca-Cola, Dirty

SmartBear Elevates Product Innovation Strategy with New SVP of Product Management and Design

Tue, 08/27/2024 - 09:12
SOMERVILLE, Mass.--(BUSINESS WIRE)-- #AI--Product veteran Ron Trackey joins SmartBear to bring global expertise from RSA, Carbonite, and Microsoft, advancing strategic product direction

Galileo Enhances B2B Expense Management Offering with Mastercard Smart Data

Tue, 08/27/2024 - 09:12
SALT LAKE CITY--(BUSINESS WIRE)-- #B2BPayments--Galileo launches Mastercard Smart Data with Rho, boosting B2B expense management by providing enriched transactional data for better spend control.

Flowcode Partners with REIN to Bring AI to the Insurance Industry

Tue, 08/27/2024 - 09:12
NEW YORK--(BUSINESS WIRE)--Flowcode, a marketing technology platform, has partnered with embedded insurance technology company REIN to streamline insurance purchases by making it easier to secure a quote and find coverage wherever and whenever customers are in need. The innovative partnership brings the new Flowcode 2 QR platform capabilities to REIN’s IX embedded insurance platform to drive seamless customer acquisition in online and offline experiences. "Eighty percent of the economy is trans

Offerpad Announces Participation in the Goldman Sachs Communacopia + Technology Conference

Tue, 08/27/2024 - 09:12
CHANDLER, Ariz.--(BUSINESS WIRE)---- $OPAD #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad’s Chairman and CEO, will participate in a fireside chat at 8:50 am PT on Tuesday, September 10, 2024 at the Goldman Sachs Communacopia + Technology Conference. The live webcast can be accessed under the “Events & Presentations” section of Offerpad’s Investor Relations website at investor.offerpad.com. A we

PatientPay Emerges as a Powerhouse in Healthcare Billing and Payments through a Strategic Merger with ClearGage

Tue, 08/27/2024 - 09:12
DURHAM, N.C. & TAMPA, Fla.--(BUSINESS WIRE)--PatientPay, the leading patient billing and payments partner for acute, ambulatory and specialty care, and ClearGage, a leading provider of healthcare estimate and payment solutions, today announced the close of their merger to deliver the industry-leading digital billing and payment platform for medical groups, specialty practices and community hospitals as PatientPay. This collaboration aims to set a new standard in payment technology and patient c

Near- and Non-Prime Consumers Continue to Face Barriers in the New and Used Vehicle Markets, Open Lending Research Finds

Tue, 08/27/2024 - 09:12
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today released a new Near- and Non-Prime Consumer Update, continuing its quarterly report series on automotive lending trends among near- and non-prime consumers. The report covers vehicle sales volume, interest rates, payment trends and consumer preferences in the first quarte

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