Virtual roundtable: Transforming mortgage
This 60-minute roundtable explores the current state of the mortgage industry and how technology can radically improve the customer...
This 60-minute roundtable explores the current state of the mortgage industry and how technology can radically improve the customer...
The swift fall of Archegos Capital Management is one of the most embarrassing financial plotlines in years, not just for a handful of...
The bank aims to begin offering investments in the emerging asset class in the second quarter, according to Mary Rich, who was recently...
London based decentralized finance startup raised $7.1m in Seed funding from Galaxy Digital, Framework Ventures and Northzone.
“Last summer was the ‘DeFi summer’ where we saw protocols go from early-stage to assets more than doubling in the last quarter,” Gro’s...…
Uganda based asset finance startup raised $3.6m in Series A funding led by Partech.
“With an average household of five people, this can really transform the lives of our client and their families. Besides just increased...…
New York based banking solution for the charitable sector raised $14m in new funding led by Team8.
“The future belongs to socially-conscious brands that care as much about giving back to society as they do about generating profits and...…
Singapore based crypto wallet and blockchain tech startup raised $30 million in Series B funding led by Qiming Venture Partners.
In a press statement, Qiming Venture Partners founding managing partner Duane Kuang said, “In the next ten to twenty years, blockchain...…
Much of the leverage used by Bill Hwang’s Archegos Capital Management was provided by banks including Nomura and Credit Suisse through...
Palo Alto based small business insurance provider raised $250m in new funding led by FinTLV Ventures and Battery Ventures.
Guy Goldstein, Next’s cofounder and chief executive, says 2021 is already poised to be a better year for business than last year. That...…
Houston based AI-powered order-to-cash and treasury solution raised $300m in Series C funding led by D1 Capital and Tiger Global.
“Our goal has always been to build a long-lasting business that outlasts all of us,” HighRadius Founder and CEO Sashi Narahari said in...…
The planned investment is aimed at expanding the reach of Ripple's On-Demand Liquidity (ODL) service in Asia, which uses XRP for...
London based “buy now, pay later” financing service raised £15.8m in new funding led by BCI Finance.
“We want to remove the stigma surrounding the buy now pay later offering and empower consumers by allowing them to budget and spend...…
Checkout with Crypto allows the customers to sell their cryptocurrency through PayPal at the time of checkout, then settle the actual...
The New York based corporate card startup is raising $65m in funding and $50m in funding that will value it at $1.1b and $1.6b, per the...
New York based SaaS platform for helping banks pool trading resources raised $90m in Series C funding led by a16z.
"What sets Capitolis apart from other financial services players is the sheer scale of management's ambition and the substantial talent,...…
New York based tech-driven asset management platform that powers personalization for advisors raised $29m in Series B funding led by Oak...
Vancouver based NFT company behind Crypto Kitties and NBA Top Shot raised $305m in new funding led by Coatue.
"We want to bring the same magic to other sports leagues as well as help other entertainment studios and independent creators find their...…
London based company building protocols to simplify user experience for decentralized finance raised $7.1m in Seed funding led by Galaxy...
Investor Bill Hwang set off a storm in the stock market last week when his firm, Archegos Capital Management, and its banks, began...
Indonesia based investment app raised $65m in Series A funding led by Ribbit Capital.
In a press statement, Ribbit Capital managing partner Micky Malka said, “We are witnessing an unprecedented revolution in retail...…
SoFi itself will be an underwriter in these deals, meaning it works with companies to determine a share price, buys securities from the...
Broad popular acceptance of NFTs is lagging behind the surging markets because of the complex methods of payment, usually including the...
Payment card network Visa has announced that transactions can be settled using USD Coin (USDC), a stablecoin powered by the Ethereum...
New York based blockchain analysis company raised $100m in Series D funding led by Paradigm.
“When we raised our last round, we were basically seeing a lot of that in its infancy,” Gronager said in an interview. “What we see right...…
New York based enterprise crypto portfolio management software raised $53m in Series D funding from Soros Fund Management, S&P Global...
San Francisco based provider of mortgage industry SaaS raised $15m in Series A funding led by 8VC.
"The multi-trillion dollar mortgage industry has been running on legacy capital markets technology for decades. Mortgage originators,...…
San Francisco based accounting company raised $100m in Series D funding led by Bezos Expeditions.
“There’s all of this annoying, tedious, scary and important back-office stuff that you need to do as a small business owner,” Daher told...…
Robinhood is building a platform to “democratize” initial public offerings, including its own, that would allow users of its trading app...
That giant rushing sound you hear could be a collective sigh of relief from small business owners across Mexico. Today, Oyster Financial,...
Nubank released its financial results for 2020; the Brazilian fintech reported 28 million keys registered on PIX, Brazil's instant...
Latin American payment networks are increasingly adopting cryptocurrency capabilities – and regulation will be key to give digital money...
OCBC Bank is rolling out facial verification technology to its network of ATMs, enabling users to check their balances and ultimately...
Greenwood aims to “create non-predatory lending products, circulate capital into our communities, deploy capital to deserving individuals...
Alongside the familiar 404 error, encountered when a web page is “not found”, there exists a similar code 402 denoting “payment...
A group of leading companies including Mastercard, SoftBank and IBM have called on the G7 to create a new body to help co-ordinate how...
Plaid has announced the inaugural cohort of startups in its new accelerator program, FinRise.The equity-free and capital-free program has...
Beyond the major bitcoin headlines, there is a second crypto tale unfolding that most people have noticed less: central bank experiments....
Online fraudsters have capitalized on the pandemic, using fake texts about Covid-19 vaccines, lockdown fines and missed parcel deliveries...
London based localized payments provider raised $90m in new funding from JPMorgan Chase and Eldridge.
“We are extending into payments and we are looking to double down on addressing the needs of our clients and their clients, which can be...…
Brazilian credit fintech Open Co announced on Wednesday it raised BRL 150m in a round led by International Finance Corporation (IFC), an...
When the team at Morgan Stanley created the virtual assistant, it had two goals: to help people in research and sales be more efficient...
India based buy now pay later platform for micro SMEs raised $4.1m in Seed funding led by Quona Capital.
“Indian SMEs have been struggling with getting access to capital for a long time,” Anubhav Jain, cofounder and CEO of Rupifi, told ET in...…
London based digital banking platform raised €10m in new funding led by Velocity Capital and Frumtak Ventures.
Specifically, it lets users track their estimated carbon footprint for a given time period (which can be broken down into specific...…
Washington, D.C. based provider of workers’ comp insurance for small businesses raised $118m in Series C funding led by Allianz and Acrew...
The ETF, which requires the Securities and Exchange Commission’s approval, would mark a major step forward in the firm’s bitcoin...
The SEC's enforcement division is seeking information from several Wall Street banks on fees, volumes and internal controls in SPACs,...
Junior bankers are revolting. Whether it's leaked pitch decks from junior employees laying out their dissatisfaction with their working...
The bank’s new chief executive, Jane Fraser, announced the plan for “Zoom-free Fridays” in a memo sent to employees on Monday....
Congratulations to Sigma Ratings co-founder Gabrielle Haddad on being named to the Women in FinTech Powerlist 2020, which shines a...
When NYDIG president Yan Zhao began working at the digital asset manager, she was surprised by how many people with similar professional...
New York based maker of bitcoin rewards company that gives users free bitcoin when they shop raised $5m in pre-Series A funding led by...
New York based commercial real estate financing transaction platform raised $10m in Seed funding led by NFX.
“Lev is transforming commercial real estate financing in ways that are similar to what LoopNet did to property marketing and discovery 20...…
London based digital assets platform raised $300m in Series C funding led by DST Global, Lightspeed Venture Partners and VY Capital.
The company plans to use the new capital to hire new employees and to support its institutional business. “The institutional side...…
Nigeria based fintech startup digitizing cash for the unbanked raised $2m in Seed funding from Vault and Flutterwave.
“The first phase is building agent networks which is good but that’s not the goal,” CEO Adejana said to TechCrunch. “Just in the same way...…
As well as confirming the availability of the new payment option, Musk offered some details on how Tesla is handling the cryptocurrency....
Los Angeles based startup aiming to make second home purchases more accessible raised $75m in new funding led by Greycroft and Global...
San Mateo based financial risk management platform raised $200m in Series D funding led by KKR.
“Feedzai’s technology is the cornerstone of today’s commerce as consumers across the globe expect fast, reliable, seamless, and, above...…
Melbourne based cross-border online payments and infrastructure platform raised $100m in Series D funding led by Greenoaks.
“The world will only become more digital, and with more businesses than ever now operating online, Airwallex has proudly been at the...…
Compass, which runs an integrated software platform that serves real estate agents in the residential market, has seen a surge in online...
The company said in a statement that it had submitted its filing to the U.S. Securities and Exchange Commission and could go public as...
UK based stock trading platform raised $69m in Series B funding led by Left Lane Capital.
With today’s funding round, the company plans to expand its product beyond its home country. You can expect some European expansion moves...…
If the company manages to get a charter in California, it would let the company operate throughout the U.S. as an independent bank and...
Oakland based payments and remittance platform raised $1.2m in Seed funding led by Launch Africa.
“We would go back home every two years and even then, I would always take note of what was missing and what could be improved. I would...…
California based management liability insurance startup raised $10m in new funding led by Valor Equity Partners.
Tanner Hackett, founder, and CEO, said in a statement: “The $1.2tn insurance industry is going through a digital revolution.. We saw an...…
Brazil based corporate and trust service provider for fund managers and corporate issuers raised $35m in Series B funding led by FTV...
Rather than a failing, Coinbase's position at the center of such contradictions may explain much of its success. Coinbase's flourishing...
Brazil based real estate platform raised $425m in Series D funding led by D1 Capital Partners.
“We did more than 6x YoY growth with many thousands of transactions over the course of 2020,” Pencz told TechCrunch. “We’re now growing...…
As soon as July, officials at the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology, which have been...
Today’s gurus, like Elon Musk, Chamath Palihapitiya, Barstool Sports founder David Portnoy aren’t defined by Wall Street bona fides. Fund...
Sweden based provider of cardless payment and BNPL solutions to merchants raised $5m in new funding from Inbox Capital and Inventure.
“By durables, we mean goods (and services) that do not need to be purchased often, and typically last for a longer period of time e.g....…
Indonesia based investment and savings app raised $20m in pre-Series B funding led by Openspace Ventures.
In a statement, Openspace Ventures founding partner Shane Chesson said, “Pluang has demonstrated tremendous growth over the last 12...…
San Francisco based real estate brokerage platform raised $150m in new funding led by Coatue.
“The real estate market is kind of ripe for change and innovation,” said Patricia Nakache, general partner at Trinity Ventures and a Side...…
A Bloomberg "Quick Take" on one slice of the private credit asset class that is on pace for especially rapid growth as startups seek to...
One of Stripe’s key competitive advantages is doing more with less. It has about 3,000 staff, 1/3 less than Facebook had in 2012 when it...
There are few easier ways to make a quick buck in America today than flipping houses. Profits on flips are at a record high - some...
Justice Department probe focuses on whether Visa's actions allow it to maintain a dominant market share unlawfully.
The Justice Department is investigating whether Visa is engaging in anticompetitive practices in the debit-card market, according to...…
Visa and Mastercard are postponing plans to boost the fees U.S. merchants pay when consumers use credit cards online, pushing back the...
India's Axis bank has rolled out a range of wearable devices for contacless payment transactions. Dubbed 'Wear 'N' Pay', the program...
First Digital Bank, the first new bank in Israel since 1978, started operations on Sunday on a trial basis, and said it planned to open...
IBM triples the locations of the IBM Cloud data center in Brazil and expands the global presence of cloud computing. Clients like Arezzo...
Peru’s Electronic Clearing House (CCE) has its sights set on interoperability between banks, savings banks and fintechs – but multiple...
Junior investment bankers at Goldman Sachs are suffering burnout from 100-hour work weeks and demanding bosses during a SPAC-fueled boom...
Investors had focused intently on the fate of these regulatory concessions in recent weeks, especially as volatility in the $21t market...
The Phoenix based company announced its plans to go public by merging with Supernova Partners Acquisition Company in a deal valued at...
London based cloud banking startup raised $50m in Series C funding led by Insight Partners.
"Access to capital, intuitive banking services and a broad ecosystem of value-added solutions and partners are critical to the journey of...…
Carlos Alonso Torras dives into FTC's Emerging Cities thesis, taking a closer look at Mexico in particular - which we think is unique in...
Plaid, the financial technology startup whose planned sale to Visa fell apart in January, is raising about $600m in a funding round that...
UK based payments platform Bottlepay, which allows users to send bitcoin via Twitter, has announced its full launch after leaving beta...
New York based NFT marketplace raised $23m in Series A funding led by a16z.
“We just think there is a huge market. I mean, look at Apple last year. People purchased $61 billion of digital content” on the App...…
Nigeria based challenger bank raised $25m in Series A funding led by Valar Ventures.
“In November we were doing about $500 million in transactions per month,” Ogundeyi said, for services like bill payments, card...…
London based debit card startup raised $5.5m in Seed funding led by Fasanara Capital.
Geri Cupi said in a statement: “Diem’s mission is to empower consumers to value, unlock, and enjoy wealth they never knew they had. All...…
New York based investment platform raised $36m in Series A funding led by Galaxy Interactive.
On Tuesday, Republic announced it would be hosting a token sale later this month for Cere Network, a “decentralized Salesforce” platform...…
France based payroll and HR software startup raised $107m in Series D funding led by Eurazeo Growth and Bpifrance’s Large Venture...
India based lending marketplace and digital insurer raised $75m in new funding led by Falcon Edge Capital.
“India has an under-penetrated insurance market. Within the under-penetrated landscape, digital distribution through web-aggregators like...…
New York based crypto infrastructure provider raised $133m in Series C funding led by Coatue, Ribbit, and Stripe.
"Fintechs and banks require not only a specialized custody and settlement infrastructure to ensure customers funds are safely managed,...…
London based social investment platform raises $20m in Series A funding from investors including Ventura Capital, Finberg and Jari...
Gibraltar based decentralized derivatives trading protocol raised $5 million in new funding led by Arrington Capital, Coinbase Ventures...
Sotheby’s Chief Executive Officer Charles Stewart said that the house was looking into ways to allow collectors to pay—and potentially...
U.K. based equity management platform raised £5m in Series A funding led by Fidelity International Strategic Ventures and MiddleGame...
San Francisco and Bangalore based financing platform for Indian students studying abroad raised $17m in Series B funding led by Jungle...
San Francisco based cyber risk insurance platform raised $175m in Series D funding led by Index Ventures.
Policies can be taken out to include actual financial loss and stolen funds, incident response, lost business income, extortion, and even...…
The hack took place on July 15th, 2020, and it quickly became one of the most fraught cybersecurity incidents in Twitter’s history, as...
India based digital insurance marketplace raised $75m in new funding led by Falcon Edge Capital.
“As a brand, we are scratching the surface of how powerful online insurance and lending business can be,” says group CEO Yashish Dahiya. ...…
New York based identity verification and fraud prevention software provider raised $100m in Series D funding led by Accel.
“Plugging into something like a Socure immediately helps you,” Jhawar said. “Now you have a collective knowledge,” he said, referring to...…
New York based financial workflow automation platform raised $3.5m in Seed funding led by Greycroft and Aleph.
“The financial management industry has been stagnant for many years as industry pain points, including maintaining efficiency, accuracy...…
Austria based neobroker raised $170m in Series B funding led by Valar Ventures.
“We are shifting to become a pan-investment platform, not just a crypto broker,” said Eric Demuth, the CEO of Bitpanda who co-founded it...…
Congratulations to portfolio company Fondeadora, which raised an additional $14m in new Series A funding, bringing the round total to...
London based low-code platform for fintech companies raised $45m in Series B funding led by Accel.
“We were not really fixated on valuation,” said Murphy in an interview, who said the funding came about after a number of VCs had...…
Congratulations to portfolio company Flutterwave, which announced a collaboration with PayPal to allow PayPal customers globally to pay...
Social investment network eToro plans to go public through a merger with a blank check company FinTech Acquisition Corp. V backed by...
New York based stock and options trading app raised $10m in Series A funding from Techstars Ventures, Beta Bridge Capital and SeedInvest.
“We believe that PFOF (payment for order flow) is a fundamentally better pricing model than commissions for users trading on small...…
Oklahoma based blockchain startup focused on cybersecurity raised $5m in Series A funding led by United Capital Management of Kansas.
“We focus on helping make governments and private enterprises really have trusted software and trusted communications,” Blanchard said.
Denver based mobile platform for insurance agents raised $3m in Seed funding led by Mercato Partners.
“We saw the pains of running a business and got sick of the trickle-down effect of technology in the insurance space and wanted to build...…
Australia based payment and financial services startup focused on SMBs raised A$25m in Series A funding led by Addition.
“We don’t underestimate the challenges that come with scaling a new brand in an area dominated by entrenched banking incumbents, yet the...…
Moonfare offers access to a range of private equity funds with a minimum investment of €100,000, and collaborates with some of the...
After Klarna, Anyfin is the next Swedish fintech company to expand to Germany. Co-founder and CEO Mikael Hussain speaks to over 100,000...
The stock fell more than 4% in Hong Kong on Monday, following a 4.4.% drop on Friday. China’s top financial regulators see Tencent as the...
San Francisco based digital payments company raised $600m in new funding led by Ireland’s National Treasury Management Agency (NTMA).
“It will just sit on the balance sheet,” Mike Moritz, partner at Sequoia Capital and a Stripe board member, said in an interview,...…
Flutterwave will be awarding 7 women-led businesses in Nigeria, Ghana, South Africa, Uganda, Rwanda, Kenya and Zambia with micro-grants...
PYMNTS interviewed MoneyLion CEO and Co-founder Dee Choubey who said the SPAC route gives the business “more degrees of freedom” in...
Bitcoin has shown a tendency lately to clock its intraday low in the Asian or European session, and end near daily highs in the U.S. A...
Metakovan, the anonymous founder of NFT investment fund Metapurse, was confirmed by Christie’s as the buyer of the record-breaking $69.3...
SoFi has agreed to buy a tiny California community lender to accelerate its push into the banking business. SoFi will spend $22 million...
While Jack Ma has made only one public appearance since upsetting the Chinese government last October the FT has obtained the flight...
San Mateo based cryptocurrency trading platform raised $50m in new funding led by Tiger Global.
The latest round of funding follows backing in December by American Express Co.’s venture arm. FalconX has said its existing investors...…
The sale capped two weeks of frenzied online bidding and ushers in a new era in collectibles, where prices for blockchain-based digital...
Ant Group CEO Simon Hu has resigned for personal reasons. Chairman Eric Jing will become CEO effective immediately, a source with...
Matt Levinson will moderate this 60-minute roundtable, which will explore the current state of the mortgage industry in the U.S. They...
The Inter-American Development Bank is set to propose that Latin America and the Caribbean regulators establish a pan-regional testing...
San Francisco and New York based platform which allows people to buy, sell and store sports cards raised $31m in combined Seed and Series...
The U.S. Securities and Exchange Commission (SEC) cautioned investors about buying shares of so-called special purpose acquisition...
Spain's CaixaBank is the latest lender to start issuing cards made from recycled plastic and biodegradable components.
The bank, which has more than 18.8 million cards issued, will this year stop using virgin plastic to manufacture physical cards. ...…
How can we summarize the Covid year from a broad historical perspective? Many people believe that the terrible toll coronavirus has taken...
The past year has transformed nearly every aspect of our world. Seemingly overnight, the quirky (wearing leggings during a Zoom call with...
This time last year, the coronavirus pandemic was starting to spread around the globe, governments were imposing restrictions for the...
The group’s mandate is to explore ways to integrate blockchain across the league’s business. The move comes amid the exploding popularity...
San Francisco based blockchain protocol and Ethereum bridge raised $3.5m in Seed funding led by Standard Crypto.
Founded in 2020 by Zaki Manian, a lead developer on the Cosmos protocol and Tendermint, and a team of Ethereum and Cosmos developers...…
Mexico City based corporate card and business spend management solution raised $3.5m in pre-Seed funding led by General Catalyst.
The co-founders want to bridge the gap in technology-enabled financial services that they found in Mexico. Colyer worked for G2 after a...…
California based digital banking platform aimed at Asian Americans and immigrants raised $3.6m in Seed funding led by Ifly.com and...
Boston based messaging platform for insurers raised $25m in Series B funding led by Emergence Capital.
"Consumer's expectations have accelerated; they demand easy, modern and transparent communications with their insurance providers," said...…
Jersey City based crypto-lending platform raised $350m in Series D funding led by Bain Capital Ventures, DST Global partners, Pomp...
California based provider of cyber insurance raised $20m in Series A funding led by Brewer Lane Ventures.
“It’s mystified me for the last seven years,” said Martha Notaras, managing partner at Brewer Lane Ventures. “Cybersecurity could be a...…
The saga unfolds like a gangland thriller, with the Swiss trading house saying it’s been the victim of cargo fraud. Before its journey...
New York based financial planning software maker raised $10m in Series A funding led by Mayfield.
"Cube is creating the foundational financial system of engagement and intelligence for every company in the world. Prior Mayfield...…
UK based digital asset custody services provider raised $25m in Series A funding led by Alan Howard.
“Komainu will continue to build the future of digital asset custody, extending beyond simply the storage of assets, to a core strategic...…
San Francisco based cryptocurrency firm raised $11.4m in new funding from Future Ventures and General Catalyst.
At the time, Wired noted that while it “may feel like the last thing the world needs is yet another cryptocurrency” — there are now more...…
UK based on-demand auto insurer raised $150m in Series C funding led by DST Global.
“This has been both a natural progression for the company, with the only real difference being distribution, as well as a focused effort,...…
Mr. Mathas' experience will be particularly helpful as NYDIG focuses on the expansion of its growing Investor Solutions business,...
New York based entertainment payroll startup raised $27m in funding led by a16z.
“It’s time we bring production financial services into the 21st century,” Katzenberg said in a statement. “We need a technology solution...…
SoFi announced that it has agreed to acquire Golden Pacific Bancorp (GPB) for about $22.3m. The dollar amount is not staggering. What is...
Huge congrats to portfolio company Flutterwave on the announcement of their Series C funding! The proliferation of fintech services...
San Francisco based provider of AI solutions for credit and collection raised $3m in new funding led by ING.
Flowcast, which is also backed by BitRock Capital, and Katalyst Ventures, also announced a pilot of a platform that enables global...…
Boston based cyber insurance provider raised $100m in Series C funding led by Insight Partners.
“This is a fast growing market that is being exacerbated by the success of cyber criminals,” said founder and CEO Phil Edmundson.
Konstantin Anikeev, an experimental physicist, assembled everything he needed for an inquiry far outside his field. His materials...
PYMNTs speak to Dee, MoneyLion CEO, about taking the SPAC route. Dee said the "SPAC allows MoneyLion to put a significant amount of cash...
New York based debt capital markets fintech platform raised $2.5m in Seed funding led by Bowery Capital.
“Our mission at InterPrice is to bring greater transparency to the world of capital markets,” said Olga Chin, CEO, InterPrice. “Working...…
Berlin based financial crime risk scoring platform raised €2.5m in Seed funding led by Frontline Ventures.
Founded in 2018 by Shane Riedel, Co-founder and CEO, Elucidate is a financial crime risk quantification platform, regulated by the BaFin...…
New York based patient engagement and financial technology platform raised $200m in Series D funding led by Tiger Global Management.
"Now, more than ever, patients deserve a healthcare experience that prioritizes their needs, and yet there are still so many problems on...…
Chicago based digital payments platform raised $5m in new funding led by Chicago Ventures.
"Our store managers are thrilled to offer a cashless payment option that eliminates the need to handle cash and keeps both customers and...…
Palo Alto based AI-powered finance concierge service for startups raised $13.5m in Series A funding led by Saama Capital.
“Bookkeeping is often not worked on until month’s end, but it is very manual and slow, and as founders you don’t have real-time insights,...…
Los Angeles based finance platform for SaaS companies raised $50m in strategic funding led by Siemens, Next47 and Raptor Group.
“When we first went to market, we were very focused on SaaS, our first vertical,” he said. “Since then, over 3,000 companies have signed...…
Chicago based platform for people to manage their money and investments raised $75m in Series D funding led by Coatue.
“This is the vision of what I wanted my personal finance account to look like,” M1 Finance founder and CEO Brian Barnes told Crunchbase...…
The Twitter CEO shared a link Friday afternoon to a platform called “Valuables,” where his March 21, 2006 tweet “just setting up my...
Paretta Autosport and MoneyLion announced today that the financial platform will become the first team sponsor of the No. 16...
The US Attorney’s Office of the Southern District of New York indicted McAfee and executive assistant Jimmy Watson on multiple charges...
Hong Kong based mobile lender raised $75m in Series C1 funding led by Allianz.
“Obviously, Allianz is one of the largest asset managers and insurers in the world with a strong presence and solid footprint,”...…