Zilch closes a GBP 100Mln financing deal to support its expansion plan
Zilch, an ad-subsidized payments network (ASPN), today announces a key £100 million securitized debt financing arranged by Deutsche Bank (DB). The financing will enable Zilch to grow its business and accelerate Zilch’s ability to create and launch new products for a broader base of customers. In just under four years, Zilch has achieved remarkable growth, […]
APOLLO Insurance secures CAD 18.5Mln to launch FinShore BNPL subsidiary
APOLLO, a Canadian digital insurance provider and leading innovator in the emerging embedded finance sector, announced the creation and launch of FinShore, a wholly owned buy-now-pay-later subsidiary. FinShore provides a fully embedded monthly payment option to over 100,000 Canadians insured with APOLLO. The financing for the new company was provided by Fair Capital Partners Inc. […]
COPE Health Solutions and ARC collaborate with Findhelp
COPE Health Solutions (CHS), a national tech enabled services firm powering success in risk arrangements, and its subsidiary population health management platform Analytics for Risk Contracting (ARC), announces collaboration with Findhelp, the nation’s most trusted and widely used closed-loop referral management platform, to bring to market-leading solution sets for potential New York 1115 Medicaid Waiver Amendment-funded […]
Provident Bancorp adds Dennis Pollack to its Board of Directors
Provident Bancorp, Inc. announced the appointment of Dennis Pollack to its Board of Directors as well as to the Board of Directors of its operating subsidiary, BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients. Mr. Pollack brings a wealth of experience to the role, having served in various executive positions, including most recently […]
Cummins and Chevron Advance Strategic Collaboration
Cummins Inc. and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. The announcement expands the two companies’ previous strategic collaboration on hydrogen and renewable natural gas and is expected to encompass other liquid renewable fuels, […]
AXA signed a purchase agreement of Laya Healthcare from Corebridge
Corebridge Financial, Inc. today announced that it has entered into a definitive agreement to sell its subsidiary, Laya Healthcare Limited (“laya healthcare”), to AXA for a total consideration of €650 million in cash. The sale of laya healthcare is expected to close in the fourth quarter of 2023, subject to regulatory approvals and other customary […]
Univar Solutions enters into merger agreement by Apollo Funds
Univar Solutions Inc. and Apollo announced recently that funds managed by affiliates of Apollo have entered into a definitive merger agreement to acquire the Company in an all-cash transaction that values the Company at an enterprise value of approximately $8.1 billion. The transaction includes a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment […]
JCB and Vietnam Prosperity launches VPBank JCB Credit Card
JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and Vietnam Prosperity Joint Stock Commercial Bank (VPBank), a major commercial bank in Vietnam, announced the launch of VPBank JCB Credit Card in Vietnam. The new VPBank JCB Credit Card is the first credit card which is […]
Hunting Expands Its Semi-Flush Connection Technology Product Line
Hunting Energy Services, a subsidiary of Hunting PLC, the international energy services company, recently announced the unveiling of its WEDGE-LOCK HT semi-flush connection technology. The new connection features a wedge-style thread form with performance that targets HPHT environments for both onshore and offshore applications. According to Hunting claims, the WEDGE-LOCK HT (WLHT), with tension and […]
Toyota’s Subsidiary Acquires Renovo Motors
Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation (“Toyota”), announced the acquisition of Renovo Motors, Inc. (“Renovo”), a pioneering Silicon Valley-based automotive operating system developer. Renovo develops specialized software, which will advance Woven Planet’s mission to enable the most programmable vehicles on the planet with Arene and realize the broader vision […]
