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Investment Management
Arsenal Capital Partners and Innovative Products & Equipment | August 24, 2022
Arsenal Capital Partners (Arsenal), a private equity firm that specializes in investments in industrial growth and healthcare companies, today announced that it has completed an investment in Innovative Products & Equipment, Inc. (Innovative), which it will combine with Eckhart, Inc. (Eckhart) to build a leading automation solutions provider serving highly complex applications in high-growth end markets. The terms of the Innovative acquisition were not disclosed. Innovat...
Financial Management
Astra | September 20, 2022
WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies. The completion is marked by the issuance of acquisition approval by the Financial Services Authority (OJK). For this transaction, a WeLab-led consortium, Welab Sky Limited (WeLab Sky), participated in the acquisition together with Astra's s...
Financial Management, Fintech
Curinos | September 17, 2022
Curinos, a global data intelligence business serving global financial institutions across lending, deposits and digital banking solutions, today announced that it has placed 74th on the 2022 IDC FinTech Top 100 Rankings list for the second consecutive year. The 19th annual IDC FinTech Rankings categorize and evaluate technology providers based on 2021 calendar year revenues from financial institutions (i.e., banking, insurance and/or capital markets) or directly to fintech solutio...
Finastra | December 01, 2022
Finastra today announced that Clinc, the leading conversational AI specialist serving global financial institutions, will deliver its Virtual Banking Assistant technology fully integrated within Finastra's Fusion Digital Banking platform. The application enables Finastra's bank and credit union customers, utilizing Fusion Digital Banking as their digital platform, to increase digital engagement and streamline the customer experience. By enabling customers to manage common banking request...
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