Brain-Friendly

Cision PR Newswire | August 05, 2020

Patra, a leading provider of technology-enabled solutions for the insurance industry, received a strategic investment from SkyKnight Capital ("SkyKnight"), a San Francisco based private equity firm, and other investors. The SkyKnight investment, which closed in late 2019, will help support Patra as it continues its rapid growth, arising from the market's increasing need for technology-enabled services that bring efficiencies to insurance processing and workflows. The investment in ...

FUNDING

Yes Lender | July 07, 2021

Yes Lender has announced the acquisition of Edge Funder, Inc., a FinTech start-up that is revolutionising entrepreneur access to operating capital through its direct-to-merchant finance site. The platform, which is powered by artificial intelligence and proprietary algorithms, provides merchants with several funding choices in less than 60 seconds. Edge Funder also has extensive marketing expertise in boosting online traffic and generating quality leads of merchants in need of operating capital....

FINANCIAL MANAGEMENT

Jack Henry & Associates, Inc. | September 05, 2022

Jack Henry & Associates, Inc.®m announced today that it has closed its previously announced acquisition of Payrailz, adding the company's next-generation digital payment capabilities to Jack Henry's payments ecosystem. Payrailz provides cloud-native, API-first, AI-enabled consumer and commercial digital payment solutions and experiences that enable money to be moved in the moment of need. Acquiring Payrailz supports Jack Henry's technology modern...

IBM | January 22, 2020

The S&P 500 and the Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over earnings, while investors assessed risks from a virus outbreak in China. International Business Machines Corp shares jumped 3.5% after the company forecast full-year profit above market expectations on strength in its high-margin cloud computing business. Technology stocks, which have played a pivotal role in Wall Street’s recent record run, rose 0.8%, with chip stocks gaining ...