Benmar Capital Management

Sila | April 09, 2020

Sila, the banking and API payment platform set up by former Simple co-founder Shamir Karkal, has closed a $7.7 million seed funding round. The round is co-led by VC firms Madrona Venture Group and Oregon Venture Fund, with support from Mucker Capital, 99 Tartans, Taavet Kinrikus, CEO & Co-founder of Transferwise, and investor & entrepreneur Jerry Neumann. Sila launched its Infrastructure-as-a-Service (IaaS) platform in April 2019 to help companies integrate their business applications wi...

Business Wire | September 04, 2020

Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced further expansion into the cryptocurrency market through the Gemini Trust Company, LLC (Gemini), a next-generation digital asset exchange. The direct connectivity to the Gemini exchange is an exciting addition to the recent growth in the firm’s cryptocurrency footprint and confirms our position as a recognised Network Service Partner (NSP) to Gemini. Options facilitates trading at...

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Yext, Inc. | October 19, 2021

Yext, Inc. the AI Search Company, today announced the launch of its Financial Services Cloud, a set of AI search solutions optimized for banks and other financial institutions. Incorporating classic Yext capabilities like advanced AI-powered site search, accurate third-party listings, and search-optimized landing pages, the Financial Services Cloud also introduces a completely new solution: Guided Search. The solution leads consumers through a series of questions on a financial in...

Credit Suisse | April 03, 2020

Credit Suisse (SIX:CSGN) has a message for investors in its triple-leveraged oil ETN: Buy at your own risk. The intraday indicative value of the VelocityShares Daily 3x Inverse Crude exchange-traded notes, or DWTIF, was equal to or less than $0 on Thursday, according to a Credit Suisse statement. As a result, the closing indicative value will be $0, which means current holders and future buyers won’t receive a payout at maturity, if the ETN is called or if they attempt to redeem, it said. ...