Silicon Valley Bank

Silicon Valley Bank Rolls Out New Solutions and Research Supporting Investors and Innovation Economy Companies

Retrieved on: 
Monday, October 23, 2023
RTP, The Clearing House, Silicon, History, Clearing house, First Citizens BancShares, Treasury, Acquisition, Research, First Citizens Bank (Trinidad and Tobago), Growth, Travel, SVB, Silicon Valley Bank, API, Investment, Cryptocurrency, Bank

MONEY20/20 LAS VEGAS, Oct. 23, 2023 /PRNewswire/ -- Fully committed to supporting its clients and the innovation economy, Silicon Valley Bank, a division of First Citizens Bank, is showcasing a series of new products and services this week at the annual financial services Money20/20 event in Las Vegas. Since its acquisition by First Citizens Bank in 2023, SVB continues to deliver and invest in new digital solutions, such as its digital banking platform SVB Go, new efficiency tools including travel and expense management, and curated tech stack partnerships to support the ongoing operations and growth of its clients. SVB's unmatched capabilities continue to uniquely meet the demands of the innovation ecosystem.

Key Points: 
  • "SVB has a rich history of delivering innovation economy expertise, customized solutions and high-impact business connections.
  • Today, we're continuing to build on that 40-year history with even more powerful digital solutions, and products and services that support clients end-to-end," said Gagan Kanjlia, Chief Product Officer of Silicon Valley Bank.
  • With a 40-year history dedicated to the innovation economy, SVB provides banking services, debt-financing solutions expertise and connections to companies and investors.
  • A leader in providing market insights about the innovation economy, SVB recently released its latest report, The State of Fintech.

ICD Launches AI Portfolio Analytics Solution for Corporate Treasury Investment Reporting

Retrieved on: 
Monday, October 23, 2023
ICD, Investment, Treasury, Organization, SVB, Silicon Valley Bank, Risk, Machine learning, AI, Finance, ERPs, Bank, Cryptocurrency

GOLDEN, Colo., Oct. 23, 2023 /PRNewswire/ -- Corporate treasury professionals who struggle to get a comprehensive view of their entire investment portfolio will now be able to automate the otherwise time-consuming process with a new, AI -driven cloud investment reporting solution, ICD Portfolio Analytics.

Key Points: 
  • GOLDEN, Colo., Oct. 23, 2023 /PRNewswire/ -- Corporate treasury professionals who struggle to get a comprehensive view of their entire investment portfolio will now be able to automate the otherwise time-consuming process with a new, AI -driven cloud investment reporting solution, ICD Portfolio Analytics.
  • "ICD Portfolio Analytics incorporates our underlying fund holdings with other investment positions, making it possible to see our true exposures across all of our investments," says Indivior Treasurer Bill Lundeen.
  • ICD Portfolio Analytics creates a single data set of all positions across an organization's entire investment portfolio.
  • ICD Portfolio Analytics builds on ICD's 20-year history of co-innovating with clients to solve the investment related challenges faced by treasury organizations.

Silicon Valley Bank Names Jennifer Friel Goldstein Head of Business Development for Life Science and Healthcare Banking

Retrieved on: 
Wednesday, October 18, 2023
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SAN FRANCISCO, Oct. 18, 2023 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that 20-year healthcare financing industry veteran Jennifer Friel Goldstein has been appointed Head of Business Development and Strategic Initiatives for Life Science and Healthcare (LSHC) banking. Based in the Bay Area, Goldstein reports to 30-year SVB leader Joan Parsons, Head of Technology and Healthcare Banking.

Key Points: 
  • SAN FRANCISCO, Oct. 18, 2023 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that 20-year healthcare financing industry veteran Jennifer Friel Goldstein has been appointed Head of Business Development and Strategic Initiatives for Life Science and Healthcare (LSHC) banking.
  • Based in the Bay Area, Goldstein reports to 30-year SVB leader Joan Parsons, Head of Technology and Healthcare Banking.
  • Through its nationwide Life Science and Healthcare practice , SVB provides specialized banking services, debt-financing solutions, industry partnerships, and leading market insights to companies and investors across these sectors.
  • Working closely with SVB's Life Science and Healthcare leadership team, Goldstein will identify market opportunities to connect VC and industry stakeholders to SVB's clients and prospects.

FinanceHQ Launches Out of Stealth Mode to Help Match Individuals with Financial Advisors, Names Alex Choi CEO

Retrieved on: 
Tuesday, October 17, 2023
Fintech, Asset Management, Professional Services, Finance, Apple, ABN AMRO, Morgan Stanley, Strategy, RIA, ABN, Adviser, Silicon Valley Bank, Bank of America, Education, Head, Betterment, Bank, Merrill (company), Parikh, Cryptocurrency, Financial adviser, Expedia, Issues in retirement security

FinanceHQ , a platform that connects individuals with trusted financial advisors and resources, has launched out of stealth mode and named Alex Choi as CEO.

Key Points: 
  • FinanceHQ , a platform that connects individuals with trusted financial advisors and resources, has launched out of stealth mode and named Alex Choi as CEO.
  • FinanceHQ was founded to help individuals plan a better financial future.
  • “Financial advisors provide critical guidance to help navigate life's financial milestones.
  • After a rigorous vetting process, FinanceHQ onboards qualified financial advisors and matches them with individuals seeking advice.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in PacWest Bancorp of Class Action Lawsuit and Upcoming Deadline – PACW

Retrieved on: 
Wednesday, October 11, 2023
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NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against PacWest Bancorp (“PacWest” or the “Company”) (NASDAQ: PACW) and certain officers.

Key Points: 
  • NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against PacWest Bancorp (“PacWest” or the “Company”) (NASDAQ: PACW) and certain officers.
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • PacWest operates as a holding company for its wholly-owned subsidiary, Pacific Western Bank (“PWB”), a regional bank based in Los Angeles, California.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

PacWest Bancorp investors: Please contact the Portnoy Law Firm to recover your losses; November 13, 2023 deadline.

Retrieved on: 
Monday, October 9, 2023
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LOS ANGELES, Oct. 09, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises PacWest Bancorp ("PacWest" or the "Company") (NASDAQ: PACW) investors that a lawsuit filed on behalf of investors that purchased PacWest securities between February 28, 2022 and May 3, 2023, both dates inclusive (the “Class Period”).

Key Points: 
  • LOS ANGELES, Oct. 09, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises PacWest Bancorp ("PacWest" or the "Company") (NASDAQ: PACW) investors that a lawsuit filed on behalf of investors that purchased PacWest securities between February 28, 2022 and May 3, 2023, both dates inclusive (the “Class Period”).
  • Investors are encouraged to contact attorney Lesley F. Portnoy , by phone 844-767-8529 or email : [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com .
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
  • The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing.

CONTINUED INVESTIGATION REMINDER: Scott+Scott Attorneys at Law LLP Investigates The Goldman Sachs Group, Inc.’s Directors and Officers for Breach of Fiduciary Duties In Relation to Silicon Valley Bank – GS

Retrieved on: 
Monday, October 9, 2023
GS, Justice, NYSE, The Wall Street Journal, Federal, Goldman Sachs, Goldman, Law, Silicon Valley Bank, Goldman Sachs Group, Inc. v. Arkansas Teacher Retirement System, Goldman Sachs controversies, Privacy Office of the U.S. Department of Homeland Security, Federal Reserve, U.S. Department of Justice Office of Legislative Affairs, Security (finance), Sale

NEW YORK, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, reminds investors of its continuing investigation whether certain directors and officers of The Goldman Sachs Group, Inc. (“Goldman Sachs”) (NYSE: GS) breached their fiduciary duties to Goldman Sachs and its shareholders.

Key Points: 
  • NEW YORK, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, reminds investors of its continuing investigation whether certain directors and officers of The Goldman Sachs Group, Inc. (“Goldman Sachs”) (NYSE: GS) breached their fiduciary duties to Goldman Sachs and its shareholders.
  • If you are a Goldman Sachs shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or [email protected] .
  • Scott+Scott is investigating whether members of Goldman Sachs’s board of directors or senior management failed to manage Goldman Sachs in an acceptable manner, in breach of their fiduciary duties to Goldman Sachs, and whether Goldman Sachs and its shareholders have suffered damages as a result.
  • If you are a Goldman Sachs shareholder, you may have legal claims against Goldman Sachs’s directors and officers.

airSlate Acquires Instapage

Retrieved on: 
Wednesday, October 11, 2023
Digital Marketing, Internet, Marketing, Advertising, Communications, Technology, Other Technology, Security, Acquisition, PDF, Silicon Valley Bank, Ecosystem, Growth, SignNow, First Citizens BancShares, History, Verizon Communications, SVB, Research, DocHub, Lattice

airSlate , a leading provider of business productivity and automation solutions, today announced its acquisition of Instapage , an innovative company which offers scalable solutions that empower marketers to create personalized landing pages.

Key Points: 
  • airSlate , a leading provider of business productivity and automation solutions, today announced its acquisition of Instapage , an innovative company which offers scalable solutions that empower marketers to create personalized landing pages.
  • airSlate is currently valued at over $1 billion, and the company’s suite of products serves over 100 million users around the world.
  • Borya Shakhnovich, CEO and co-founder of airSlate , emphasized the company's commitment to enabling businesses to work efficiently, scale effectively, and unlock their full potential.
  • airSlate boasts a successful history of acquiring companies and elevating their market reach and revenue.

Embedded Payments Startup Rainforest Secures $11.75M Seed Round

Retrieved on: 
Wednesday, October 4, 2023
Platform as a service, Software as a service, First Citizens BancShares, Engineering, Silicon Valley Bank, Risk management, BoxGroup, Silicon, SVB, Risk, Infinity, The White Glove, Accel, Payment, NCR Silver, Economics, Cura (software), Online shopping, Cryptocurrency, Rainforest

ATLANTA, Oct. 4, 2023 /PRNewswire-PRWeb/ -- Rainforest, a Payments-as-a-Service (PaaS) platform, today announced the closing of an $11.75 million seed funding round led by Accel, with participation from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners and a number of strategic angels. The round includes a $3.25 million venture debt facility from Silicon Valley Bank (SVB), a division of First Citizens Bank.

Key Points: 
  • Rainforest built an embedded payments solution designed specifically for software platforms' monetization of money flows.
  • "First as a healthcare software company founder and then as a payments consultant, I personally experienced the challenges and tradeoffs associated with embedded payments," said Joshua Silver, Rainforest founder and CEO.
  • "I recruited former colleagues and other all-star payments and SaaS veterans, and together we built Rainforest – the embedded payments platform we always wanted but didn't exist."
  • "Competitors have had to retrofit their systems to support software platforms, but Rainforest was purpose-built for embedded payments," said Chris Church, VP, Engineering at Rainforest and longtime colleague of Silver's from Patientco.

Healthtech Investments Stabilizing; Silicon Valley Bank Releases Future of Healthtech 2023 Report

Retrieved on: 
Wednesday, October 4, 2023
William H. Wells (educator), Health care, Insurance, Association of British HealthTech Industries, Pressure, Silicon Valley Bank, Clinical trial, First Citizens BancShares, Environment, SVB, SAN, Renewable energy, Pharmaceutical industry

SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- Despite ongoing public market headwinds, the healthtech sector is showing signs of resilience, according to the Future of Healthtech 2023 report from Silicon Valley Bank (SVB), a division of First Citizens Bank. In the first half of 2023, the sector saw the first positive public performance trends in over a year with stock trading up the first two quarters. M&A deal volume is also on the rise with activity expected to increase into 2024.

Key Points: 
  • SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- Despite ongoing public market headwinds, the healthtech sector is showing signs of resilience, according to the Future of Healthtech 2023 report from Silicon Valley Bank (SVB), a division of First Citizens Bank.
  • In the first half of 2023, the sector saw the first positive public performance trends in over a year with stock trading up the first two quarters.
  • "Following a steep drop in 2022, venture fundraising has rebounded and there is significant dry powder for right-sized investment into the healthtech sector.
  • Ebert, along with other leaders from SVB's Life Science and Healthcare Banking practice, will be sharing the report at the upcoming HLTH conference.