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A Series D funding Round Led By Insight Partners Has Raised...
Nymbus, a prominent provider of financial technology solutions based in the United States, has recently announced a significant milestone in its growth journey. The company has successfully raised an impressive $70 million in a Series D fundraising round, with Insight Partners leading the investment effort...
Public Markets
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JPMorgan and Barclays Support $4.5B Insurtech Wefox
JPMorgan and Barclays, two leading financial institutions, have shown their support for insurance technology startup Wefox by backing it with a significant investment. The Berlin-based firm recently raised a total of $110 million from investors, and out of that sum, $55 million was secured through a revolving credit facility provided by JPMorgan and Barclays...
Private Markets
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Blackstone Seeks to Capitalize on Regional Banks’ Credit Crunch
In the face of an impending credit crunch for regional banks, global private equity firm Blackstone is positioning itself to fill the void left by these institutions' reduced lending activity. This move comes as renowned economist Nouriel Roubini, also known as "Dr. Doom," expresses a pessimistic outlook on the prospects of smaller banks in the current economic climate...
Features
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US Economy Shows Resilience with Mixed Signals in Growth
The US economy has demonstrated resilience in the first three months of this year, as economic growth exceeded previous estimates. The gross domestic product (GDP), the broadest measure of economic output, increased at an annualized rate of 1.3% in the first quarter, surpassing the initial estimate of 1.1% reported last month...
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