Chrysalis Investments

Smart Raises $95m in Series E Funding

Retrieved on: 
Monday, May 15, 2023
Technology, Human Resources, Finance, Fintech, Banking, Other Technology, Professional Services, Software, Internet, Partnership, Zurich Insurance Group, Workplace, Assets under management, AUM, Retirement, Chrysalis Investments, Financial Times, Natixis Investment Managers, Series, Growth, DWS, Smart Pension, Real-time, Barclays, Andrew Liveris, Bank, Financial adviser, Pension fund, Management, Aquiline, Keystone

The market-leading growth and profitability of its UK-based Smart Pension business is underpinned by the scalability of the Keystone platform.

Key Points: 
  • The market-leading growth and profitability of its UK-based Smart Pension business is underpinned by the scalability of the Keystone platform.
  • Smart has experienced a period of exceptional growth, with group revenue of £67m in 2022, a 65% increase on the previous year.
  • Smart today already has over £5.5 billion in Assets Under Management (AUM) on its platform and is expected to exceed £10bn by the end of June 2023 following this Series E funding.
  • Lazard acted as financial adviser to Smart in relation to the Series E funding round.

PayPal Ventures Invests in Threat Prevention Leader Deep Instinct

Retrieved on: 
Tuesday, March 7, 2023
Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Coatue Management, Instinct, Deep learning, Global 2000, Investment, Chrysalis Investments, Deep Instinct, Unbound, PayPal, BlackRock, Risk management

Deep Instinct , the first company to apply deep learning to cybersecurity, today announced an investment from PayPal Ventures.

Key Points: 
  • Deep Instinct , the first company to apply deep learning to cybersecurity, today announced an investment from PayPal Ventures.
  • This investment further validates confidence in Deep Instinct’s unrivaled ability to see cyber threats well before other solutions can.
  • The funding will help further accelerate Deep Instinct's growth, driven by its disruptive threat prevention technology.
  • “Deep Instinct has developed an industry-leading threat prevention platform, allowing enterprises to get ahead of cybercriminals and malicious threats,” said Alan Du, Partner at PayPal Ventures.

Transamerica, Smart, and Finhabits Team Up to Help Expand Retirement Plan Coverage for Underserved Businesses and Their Employees

Retrieved on: 
Thursday, September 22, 2022
Transamerica Retirement Solutions, ERISA, MEP, Income, Barclays, DWS Group, Chrysalis Investments, LLC, Link group, Retirement, Consultant, Growth, Senior, Tradition, RIAS, Program, Legal & General, Investment, History, CEO, Technology, Design, DWS, Natixis Investment Managers, Solution, General officer, Fast Company, SEC, Taft–Hartley Act, J. P. Morgan, Financial adviser, Cryptocurrency, Health insurance, Transamerica

The Finhabits group plan solution includes services offered by well-respected financial and technology companies:

Key Points: 
  • The Finhabits group plan solution includes services offered by well-respected financial and technology companies:
    Finhabits Advisors, LLC will serve as the program's 3(38) investment fiduciary.
  • Smart, a leading global retirement technology provider, will serve as the program's lead fiduciary and plan administrator.
  • TAGResources, LLC a wholly owned subsidiary of Transamerica, will act as the plan's third party administrator and 3(16) plan administrator fiduciary.
  • Transamerica Retirement Solutions, LLC (Transamerica) is a leading provider of customized retirement plan solutions for mega-, large-, and mid-market organizations.

Deep Instinct Appoints Former Palo Alto CEO and Zscaler COO Lane Bess as CEO

Retrieved on: 
Tuesday, September 20, 2022
Data Management, Security, Technology, Mobile, Wireless, Software, Networks, Internet, Palo Alto Networks, Chrysalis Investments, Instinct, Unbound, Bess, Growth, Chairperson, COO, Industry, Deep learning, IPO, CEO, Technology, Leadership, BlackRock, Deep Instinct, Risk management, Management

Deep Instinct , the first company to apply end-to-end deep learning to cybersecurity, today announced that Lane Bess, former Palo Alto Networks CEO and Zscaler COO, is taking over as CEO, effective immediately.

Key Points: 
  • Deep Instinct , the first company to apply end-to-end deep learning to cybersecurity, today announced that Lane Bess, former Palo Alto Networks CEO and Zscaler COO, is taking over as CEO, effective immediately.
  • The latest investment will accelerate the growth of Deep Instinct as the company further penetrates the market with its disruptive threat-prevention technology.
  • Deep Instinct remains the only cybersecurity company that can leverage deep learning to stop threats before they impact our customers.
  • Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using the worlds first and only purpose-built, deep learning cybersecurity framework.

Lincoln Financial announces the launch of Stadion Money Management's StoryLine Dynamic, a Qualified Default Investment Alternative solution

Retrieved on: 
Monday, August 15, 2022
Banking, Professional Services, Finance, Johnson Financial Group, Lincoln National Corporation, Ageing, LNC, J. P. Morgan, Legal & General, NYSE, Link group, Technology, Investment, Bloomberg, Investment Advisers Act of 1940, LLC, Research, Optimism, Corporate Equality Index, FTSE4Good Index, Instagram, Twitter, Program, TDF, Retirement, Dow Jones, DWS Group, Natixis Investment Managers, General officer, Lincoln, Barclays, Storyline, Insurance, Solution, LinkedIn, Chrysalis Investments, Financial adviser, Renewable energy, Bank, Facebook, Stadion

Lincoln Financial Group (NYSE:LNC) today announced the launch of Stadions StoryLine Dynamic, a Qualified Default Investment Alternative (QDIA) program, built in collaboration with Stadion Money Management .

Key Points: 
  • Lincoln Financial Group (NYSE:LNC) today announced the launch of Stadions StoryLine Dynamic, a Qualified Default Investment Alternative (QDIA) program, built in collaboration with Stadion Money Management .
  • Investment advisory and portfolio management services offered through StoryLine are provided exclusively by Stadion Money Management which is neither an affiliate nor a member of the Lincoln Financial Group.
  • Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism.
  • Stadion Money Management, LLC ("Stadion") is a registered investment adviser under the Investment Advisers Act of 1940.

CIBC Innovation Banking Provides £40 Million Growth Financing to Fintech Company Smart to Accelerate Growth and Acquisitions

Retrieved on: 
Thursday, July 14, 2022
Technology, Personal Finance, Human Resources, Finance, Venture Capital, Fintech, Banking, Professional Services, Software, Technology, Income, Barclays, Chrysalis Investments, Link group, Fidelity International, Solution, Keystone, IPO, Organization, Partnership, J. P. Morgan, Legal & General, DWS Group, Retirement, Investment, General officer, Natixis, Natixis Investment Managers, Bank, Cryptocurrency

CIBC Innovation Banking is pleased to announce 40 million of growth financing for London-based Smart, a leading retirement technology provider.

Key Points: 
  • CIBC Innovation Banking is pleased to announce 40 million of growth financing for London-based Smart, a leading retirement technology provider.
  • Smart will use the capital to expand its market growth, accelerate the launch of strategic products, and undertake acquisitions.
  • The company has since expanded to work with financial institutions and governments across the world, including through its core technology platform Keystone.
  • Were delighted to have CIBC Innovation Banking support Smart, helping us accelerate our near-term growth ambitions, increase our presence in core markets, and roll out product initiatives to transform retirement across the world, said Eoin Corcoran, Chief Financial Officer of Smart.

Smart Launches Keystone – a New Technology Platform to Solve the Global Retirement Problem

Retrieved on: 
Wednesday, July 13, 2022
Seniors, Insurance, Finance, Consulting, Professional Services, Technology, Consumer, Other Technology, Kraken, Technology, Income, Barclays, Chrysalis Investments, Link group, Generation Investment Management, HR, Bank, Solution, Octopus Group, Legal & General, CEO, J. P. Morgan, Platform as a service, DWS Group, Retirement, Legislation, Language, Economic development, Natixis Investment Managers, Efficiency, Industry, Pension, Partnership, Platform, Pension fund, Oil, Cryptocurrency, Keystone, New Ireland Assurance

Smart, the leading global retirement technology provider, has launched Keystone by Smart a new technology platform to revolutionise the US$62 trillion retirement savings sector.

Key Points: 
  • Smart, the leading global retirement technology provider, has launched Keystone by Smart a new technology platform to revolutionise the US$62 trillion retirement savings sector.
  • Keystone already underpins Smart Pensions Master Trust in the UK, which alone has more than 2 billion of assets under management.
  • With the capacity to serve hundreds of millions, Keystone by Smart will now be rolled out to corporate and public-sector clients across the global superannuation industry.
  • Keystone functions as a standalone workplace retirement savings platform, and is interoperable with other financial services and retirement software, alongside payroll and HR management integrations.

Smart Launches Keystone – a New Technology Platform to Solve the Global Retirement Problem

Retrieved on: 
Tuesday, July 12, 2022
Seniors, Insurance, Finance, Consulting, Professional Services, Technology, Consumer, Other Technology, Kraken, Technology, Barclays, Chrysalis Investments, Link group, Generation Investment Management, HR, Bank, Solution, Keystone, Octopus Group, Legal & General, CEO, J. P. Morgan, Platform as a service, DWS Group, Retirement, Legislation, Language, Natixis Investment Managers, Industry, Efficiency, Pension, Partnership, Platform, Pension fund, Oil, Cryptocurrency, New Ireland Assurance

Smart, the leading global retirement technology provider, has launched Keystone by Smart a new technology platform to revolutionise the $62 trillion retirement savings sector.

Key Points: 
  • Smart, the leading global retirement technology provider, has launched Keystone by Smart a new technology platform to revolutionise the $62 trillion retirement savings sector.
  • Keystone already underpins Smart Pensions Master Trust in the UK, which alone has more than 2 billion of assets under management.
  • With the capacity to serve hundreds of millions, Keystone by Smart will now be rolled out to corporate and public-sector clients across the global pensions industry.
  • Keystone functions as a standalone workplace retirement savings platform, and is interoperable with other financial services and retirement software, alongside payroll and HR management integrations.

Finhabits Expands Offerings with 401k Plans for Minority-Owned Businesses in California

Retrieved on: 
Monday, April 4, 2022
Investment, Fast Company, Retirement, Growth, RIAS, Link group, SEC, Natixis Investment Managers, DWS Group, CEO, Design, LLC, Technology, J. P. Morgan, Chrysalis Investments, Barclays, Legal & General, General officer, Income, Solution, DWS, Financial adviser

LOS ANGELES, April 4, 2022 /PRNewswire/ -- Finhabits, a market-leading U.S. fintech provider by Latinos for Latinos, announced the expansion of its retirement solutions with the launch of the Finhabits 401k plans. The new retirement plans by Finhabits are designed to offer both minority-owned businesses in California and their workers a simple, bilingual and affordable alternative to the state-mandated plan.

Key Points: 
  • The new retirement plans by Finhabits are designed to offer both minority-owned businesses in California and their workers a simple, bilingual and affordable alternative to the state-mandated plan.
  • Finhabits announced the new Finhabits 401k plans designed for minority-owned businesses in California.
  • California has approximately 800,000 Latino small businesses, many ofwhich are required by state mandate to establish their first retirement plans by June 30, 2022.
  • For more information about the Finhabits 401k plans, California business owners can visit Finhabits.com/401k .

Deep Instinct Expands Executive Leadership Team to Build Upon Recent Company Momentum

Retrieved on: 
Tuesday, November 2, 2021
Networks, Security, Data Management, Technology, Software, Industry, Chrysalis Investments, Deep learning, Adoption, Avaya, Trust, Hewlett-Packard, Instinct, Leadership, Intelligence, Time, VP, Deep Instinct, Heel, Stout, MSSP, Growth, Forcepoint, Aruba Networks, Public relations, Risk management

Deep Instinct , the first company to apply end-to-end deep learning to cybersecurity, today announced the addition of two key leaders to the executive leadership team.

Key Points: 
  • Deep Instinct , the first company to apply end-to-end deep learning to cybersecurity, today announced the addition of two key leaders to the executive leadership team.
  • Both Brian and Scott are joining the Deep Instinct team with unique experiences and invaluable relationships.
  • I am thrilled to join the incredible leadership team at Deep Instinct.
  • Its been an incredible year of growth for Deep Instinct, and I look forward to helping the company expand its Americas footprint.