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HiBob Acquires Mosaic: Transforming HR and Finance Integration for Mid-Market Enterprises
HiBob has acquired the cloud-based Financial Planning and Analysis platform, Mosaic, aiming to provide mid-market companies with an integrated solution that combines workforce productivity and financial planning. This acquisition enhances HiBob’s commitment to innovation, facilitating real-time insights, increased efficiency, and improved collaboration between HR and finance teams. CEO Ronni Zehavi emphasized a people-first approach, integrating Mosaic’s planning expertise to transform workforce management into a strategic asset. Mosaic’s CEO, Bijan Moallemi, noted that the partnership supports dynamic financial planning for leadership. HiBob, with over 4,400 global clients, plans to enhance product synergy while continuing support for existing Mosaic customers.
Bold Penguin Teams Up with EMPLOYERS to Revolutionize Workers’ Compensation Coverage
Bold Penguin, a digital platform for commercial insurance, has partnered with EMPLOYERS, a leading workers’ compensation insurer, to enhance coverage options on the Bold Penguin Terminal platform. This collaboration enables agents to easily quote and bind workers’ compensation insurance for businesses across the U.S., including the District of Columbia. By integrating EMPLOYERS, both companies aim to simplify the insurance process and offer customized solutions. The partnership reflects their shared mission to improve accessibility and efficiency in the small commercial insurance market, benefiting agents and small businesses seeking essential coverage.
ManyPets Boosts Leadership with Shane Larkin as New CMO to Drive Growth and Innovation
ManyPets, a leading pet insurance provider, has appointed Shane Larkin as its new Chief Marketing Officer to strengthen its presence in the UK market. With over 25 years of experience in financial services, Larkin previously held key roles at Sky and InsurTech company Neos. ManyPets aims to address the rising demand for innovative pet insurance solutions amid increasing veterinary costs. Under CEO Luisa Barile, the company focuses on guiding pet owners through insurance options to ensure their pets’ health. Larkin expressed enthusiasm for evolving the brand and attracting more customers in the UK pet insurance sector.
CodeAnt AI Secures $2M Funding to Accelerate Software Development with Innovative AI Code Review Platform
CodeAnt AI, a U.S.-based software development startup, has raised $2 million in seed funding to improve its AI-driven code review processes, enhancing code quality and efficiency. Led by investors including Y Combinator and VitalStage Ventures, this funding round values the company at $20 million. Founded by Amartya Jha and Chinmay Bharti, CodeAnt AI automates code reviews, integrates with GitHub and GitLab, and offers AI insights and one-click fixes for over 30 programming languages. The investment will support team expansion and scaling of its platform, addressing the growing need for quality control in AI-generated code.
Tompkins Community Bank Upgrades ATMs with Cutting-Edge NCR Atleos Technology
Tompkins Community Bank, with US$7.8 billion in assets and a nearly 190-year legacy, is modernizing its ATM network by partnering with NCR Atleos for an ‘ATM as a Service’ (ATMaaS) solution. This collaboration transfers ATM management to NCR Atleos, covering hardware and software maintenance, security, cash handling, installation, and logical security. The initiative aims to enhance ATM reliability and customer experience. SVP Martin O. Cross highlighted the partnership’s alignment with the bank’s mission to combine local leadership with broad financial capabilities, while Atleos GM Steven Nogalo noted its role in maintaining competitive advantage through self-service options.
Revolutionizing Retail Investing: Copy-Trading FinTech Dub Secures $30M Series A Funding for Expansion
Copy-trading platform dub has raised $30 million in a Series A funding round, co-led by Notable Capital and Neo, with participation from several notable investors and a $5.5 million venture debt facility from Silicon Valley Bank. Launched a year ago, dub allows users to replicate investment strategies of experienced investors, focusing on long-term financial literacy and transparency. The funding will help scale its ecosystem, enhance platform features, and promote financial inclusivity. With over one million downloads, dub aims to empower everyday investors, countering speculative trading by providing reliable investment advice through its “dub Advisors” program.