Blend Labs Partners with Haveli Investments securing USD 150Mln investment
Blend Labs, Inc., a leading provider of cloud banking services,and Haveli Investments (“Haveli”), a technology-focused private equity firm, today announced a $150 million investment in the Company by Haveli Investments in the form of convertible preferred stock with a zero percent coupon. Blend will use approximately $145 million of the proceeds to repay all amounts […]
Cognizant enters into a strategic partnership with Telstra
Cognizant yesterday announced a five-year strategic partnership with Telstra as part of the Australian telecommunications and technology company’s strategy for growth. Cognizant will introduce new ways of working to accelerate Telstra’s software engineering and IT capabilities and leverage modern technologies, such as artificial intelligence (AI) to drive innovation and improve operational efficiency. The strategic partnership […]
CVS Health announces investment of USD 19.2Mln for affordable housing
CVS Health® recently announced it has invested $19.2 million through Boston Financial to build 85 new affordable housing units in Arvada, Colorado. Made possible through the company’s collaboration with Family Tree and BlueLine Development, the investment demonstrates CVS Health’s commitment to improving the health of individuals across the country, which begins with providing access to quality, safe, affordable housing, especially in historically underserved […]
CATL and Beijing Hyundai ink a strategic agreement on EV batteries
On April 25, 2024, Contemporary Amperex Technology Co., Limited, and Beijing Hyundai signed a strategic partnership agreement at Auto China 2024 to cooperate on Beijing Hyundai’s EV projects and to power future Beijing Hyundai electric models with CATL batteries. As a joint venture with a deep presence in China for 21 years, Beijing Hyundai has sold over 12 million vehicles […]
4P-Pharma secures a total capital of EUR 15Mln in second closing
4P-Pharma, a Lille-based clinical-stage startup studio focused on developing curative therapies for untreated serious diseases, announces that it has successfully secured a total capital of €15 million in its second closing with participation from private investors. With this funding, 4P-Pharma’s shareholders renew their confidence in the company’s drug regeneration model for untreated serious diseases. They […]
Marc Holme joins Evolito CTO
Evolito Limited, the pioneer of world-leading axial-flux electric motors, power electronics, and battery solutions for aerospace applications, announces the appointment of Marc Holme as CTO, as it prepares for future growth. Marc Holme joins as CTO to lead the technology development and the future roadmap of the axial-flux e-motor and propulsion product family. He has a 24-year […]
Paystand announces the acquisition of Teampay
Paystand, the global leader in blockchain-enabled B2B payments, yesterday announced the acquisition of Teampay, an industry-leading spend management software. The transaction creates a B2B payments powerhouse whose continued goal is to revolutionize payments by expanding the largest, fastest, and most cost-efficient B2B payments network. The acquisition marks the next step in Paystand’s trajectory towards building […]
Legitify enters into a partnership with Scrive to offer electronic notarisation
Legitify, a leading European remote online notarisation solution has entered into a partnership with Scrive, to offer electronic notarisation to Legitify’s customers. As pioneers in online notarisation and e-signature solutions respectively, Legitify and Scrive are joining forces to streamline and enhance electronic notarisation processes for companies and individuals. Legitify is integrating with Scrive to offer electronic […]
Visa teams up AWS Partner Network to simplify global digital payments
Visa, a world leader in global digital payments, announced it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to build solutions and services for customers. Visa’s presence in the APN will help enable its partners and clients, including cloud-native fintechs, to access and integrate select […]
Ameriflight welcomes Patrick Fluegeman as New President and COO
Ameriflight, the nation’s largest Part 135 Cargo airline, announces the appointment of Patrick Fluegeman as President and Chief Operating Officer. Fluegeman will be responsible for planning and executing current and future business operation strategies. He will amplify Ameriflight’s vision as the unparalleled leader in scalable, outsourced aviation services to the regional express airfreight market. “The […]
