Capital Management stories - Page 4

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

Seventy-five per cent of banks are set to increase investment in risk technology, as a global report highlights rising priorities amid macroeconomic challenges.

SolarWinds has struck a deal to be acquired by Turn/River Capital for around USD $4.4 billion, offering shareholders a premium of 35% per share.

A report by Menzies reveals 90% of UK tech firms face significant financial hurdles, with high operational costs and funding difficulties limiting growth.

WTW has unveiled ResQ Machine-led Reserving, a technology that promises insurers enhanced accuracy and efficiency in property and casualty reserving.

Goodman Group posts a record operating profit of AUD $2,049 million for FY24, a 15% rise. Despite this, a statutory loss of AUD $98.9 million was recorded.

Dominic Wade joins newly rebranded Zempler Bank as CFO and Executive Director, bringing two decades of financial expertise from Alba Bank, Unity Trust Bank, and NatWest.

BuildingMinds and GOLDBECK have partnered to enhance ESG-compliant growth in real estate, utilising data-driven insights for capital management firm HANSAINVEST, bolstering the resilience and feasibility of property portfolios.

Data management giant Commvault reports an 11% YoY increase in Q3 total revenues at USD$216.8 million and a 17% rise in annual recurring revenue.

Humanforce has recently announced the successful acquisition of intelliHR in a deal valued at over AUD $77 million.

Avature releases Mobile App Builder to support event management and campus recruiting, with the first enterprise app available.