Professional services

Lemonade Launches in the Netherlands

Thursday, April 2, 2020 - 8:30am

Consumers in the Netherlands can now get contents and liability insurance instantly, anytime, and from any device as well as file claims and get paid in seconds through the Lemonade app.

Key Points: 
  • Consumers in the Netherlands can now get contents and liability insurance instantly, anytime, and from any device as well as file claims and get paid in seconds through the Lemonade app.
  • View the full release here: https://www.businesswire.com/news/home/20200402005116/en/
    Todays launch marks the second EU country Lemonade has entered, following Germany last year.
  • Lemonade offers homeowners and renters insurance in the United States, and contents and liability insurance in Germany and the Netherlands, through its full-stack insurance carriers.
  • Lemonade is currently available in Germany, the Netherlands and most of the United States, and continues to expand globally.

Stone Estate.Swiss Management AG Appoints Alastair Manning as Managing Director & Head of Asset Management

Thursday, April 2, 2020 - 8:00am

Stone Estate.Swiss Management AG (Stone Estate), a Swiss real estate investment company and part of the Reech Corporations Group, has appointed Alastair Manning as Managing Director and Head of Asset Management with immediate effect.

Key Points: 
  • Stone Estate.Swiss Management AG (Stone Estate), a Swiss real estate investment company and part of the Reech Corporations Group, has appointed Alastair Manning as Managing Director and Head of Asset Management with immediate effect.
  • His primary focus will be the management of Stone Estates existing portfolio as well as targeting new investment opportunities.
  • Alastair joins from Pears Global Real Estate Investors where he served as Head of Asset Management, overseeing a pan-European portfolio of commercial and residential assets.
  • Alastair Manning commented, Stone Estate is a unique business with a highly experienced senior management team, local as well as international market perspectives and, importantly, significant growth ambitions.

Onfido Partners with GetID to Streamline Identity Verification Technology for Admiral Markets with a Fast Hybrid Approach

Thursday, April 2, 2020 - 8:00am

Onfido , the global identity verification provider, today announced that Admiral Markets , the international internet trading company, has partnered with Onfido and GetID , an Estonian omnichannel identity verification provider, to streamline the digital access process with award-winning AI-powered technology.

Key Points: 
  • Onfido , the global identity verification provider, today announced that Admiral Markets , the international internet trading company, has partnered with Onfido and GetID , an Estonian omnichannel identity verification provider, to streamline the digital access process with award-winning AI-powered technology.
  • Onfido has partnered with GetID to provide a modern approach to identity verification for Admiral Markets, displacing older, manual methods.
  • Users can now simply take a photo of their government-issued ID and Onfidos AI-powered technology verifies their document.
  • The breakthrough hybrid approach automates and scales identity verification while using human experts to verify outliers.

Partner Communications Reports the Interest Rate for the Series D Notes for the Period Commencing on March 31, 2020 and Ending on June 30, 2020

Thursday, April 2, 2020 - 7:52am

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.

Key Points: 
  • This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.
  • Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services).
  • Partners ADSs are quoted on the NASDAQ Global Select Market and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
  • For more information about Partner see:

CSC Acquires TCS-Groep in the Netherlands

Thursday, April 2, 2020 - 7:00am

The acquisition follows several strategic hires and investments CSC recently made, including the organic recruitment and set-up of its Fund Administration business in the U.S. and APAC markets.

Key Points: 
  • The acquisition follows several strategic hires and investments CSC recently made, including the organic recruitment and set-up of its Fund Administration business in the U.S. and APAC markets.
  • Beyond extending our capabilities in Europe, this acquisition reinforces our competitive advantage of being a privately held and independent service provider, says CSC Senior Vice President John Hebert.
  • TCS provides back office, compliance, accounting, tax, representation, and domiciliation services to funds based in the Netherlands, and is the largest non-banking depositary in the Netherlands.
  • With the merger complete, together well further accelerate our success in building the highest quality fund services business in the Netherlands and beyond.

SoftBank Group Announces End of WeWork Tender Offer Because Closing Conditions Not Met

Thursday, April 2, 2020 - 6:36am

SoftBank and the SoftBank Vision Fund have committed more than $14.25 billion to WeWork to date, including $5.45 billion since October 2019.

Key Points: 
  • SoftBank and the SoftBank Vision Fund have committed more than $14.25 billion to WeWork to date, including $5.45 billion since October 2019.
  • In December 2019, SoftBank made up to $2.2 billion in debt financing available to WeWork via unsecured notes to be issued by WeWork.
  • When the tender offer was negotiated in October 2019, SoftBank, WeWork, WeWorks Special Committee, Adam Neumann and SoftBank Vision Fund agreed that SoftBank would not have to close the tender offer unless certain specifically negotiated conditions were satisfied.
  • Several of those conditions were not met, leaving SoftBank no choice but to terminate the tender offer.

Athora Completes Acquisition of VIVAT and Provides a Capital Injection of €400 Million

Thursday, April 2, 2020 - 6:00am

Athora Holding Ltd. (Athora) announces today the closing of the transaction to acquire VIVAT N.V. (VIVAT) from Anbang Group Holdings Co Limited.

Key Points: 
  • Athora Holding Ltd. (Athora) announces today the closing of the transaction to acquire VIVAT N.V. (VIVAT) from Anbang Group Holdings Co Limited.
  • Athora and NN Group (NN) have also closed the follow-on sale of VIVAT Schadeverzekeringen N.V. (VIVAT Non-life) to NN.
  • Following Closing, Athora will have close to 1bn of committed equity available to support Athora, VIVAT and existing subsidiaries going forward.
  • (Brussels), Athora Lebensversicherung AG (Wiesbaden, Germany), Athora Ireland plc (Dublin) and Athora Life Re Ltd. (Bermuda).

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 31, 2020 for TYG, NTG, TTP, NDP, TPZ and TEAF

Thursday, April 2, 2020 - 3:23am

About Tortoise Energy Infrastructure Corp.

Key Points: 
  • About Tortoise Energy Infrastructure Corp.
    Tortoise Energy Infrastructure Corp. (NYSE: TYG) owns a portfolio of master limited partnership investments in the energy infrastructure sector.
  • Tortoise Energy Infrastructure Corp.s objective is to provide its stockholders a high level of total return with an emphasis on current distributions.
  • Tortoise Midstream Energy Fund, Inc.s objective is to provide its stockholders a high level of total return with an emphasis on current distributions.
  • is the Adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc., Tortoise Power and Energy Infrastructure Fund, Inc. and Tortoise Essential Assets Income Term Fund.

ABC Technology Named on IDC’s 101 Fast Growing APAC Fintech List

Thursday, April 2, 2020 - 3:00am

The IDC FinTech Fast 101 List names the fastest growing fintech players based on extensive on-ground analysis of the dominant fintech players within the region.

Key Points: 
  • The IDC FinTech Fast 101 List names the fastest growing fintech players based on extensive on-ground analysis of the dominant fintech players within the region.
  • Fintech companies were evaluated on fintech data across key metrics such as addressable market, customer adoption, investments, chance of survival, innovation, and marketing.
  • The list covers 10 major markets Australia and New Zealand, China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, and Thailand.
  • Founded in 2016, ABC Technology ( www.abcfintech.com ) is a financial technology solution provider with offices in China, Hong Kong and Singapore.

Finn AI and Zendesk Integration Enables AI-Powered Digital Self-Service for Banking Customers

Thursday, April 2, 2020 - 1:47am

Finn AI, the worlds leading AI-powered conversational banking technology provider announced its listing on the Zendesk, Inc. (NYSE: ZEN) Marketplace and its new pre-configured integration with Zendesk Chat.

Key Points: 
  • Finn AI, the worlds leading AI-powered conversational banking technology provider announced its listing on the Zendesk, Inc. (NYSE: ZEN) Marketplace and its new pre-configured integration with Zendesk Chat.
  • Finn AIs integration with Zendesk means that banks can easily access a proven, out-of-the-box banking chatbot to deliver digital self-service options.
  • Were delighted to welcome Finn AI to the Zendesk Marketplace as the first banking-specific conversational AI solution.
  • Like Finn AI, their platform is the go-to customer service solution, especially for digital and challenger banks, said Stephen Menon, VP Product Management at Finn AI.