Northwestern Mutual commits $150m to startup investments

Bank Innovation

This builds on the $43 million in capital that the Milwaukee-based investments and insurance giant invested in 14 startups as part of its its first corporate venture fund, which rolled out in 2017.

Fiserv Acquires Bypass Mobile

PYMNTS

Payments and FinTech leader Fiserv has announced the purchase of independent software vendor (ISV) Bypass Mobile , according to a press release. Over 50 stadiums are already using the combined technology, including Fiserv Forum in Milwaukee; Clover Park in Port St.

Mobile 158

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Fintech Fundings: 102 Companies Raise $2.0 Billion in July

Fintech Labs Insights

Fintech deals by size from 23 July to 29 July 2016: Elevate. HQ: Milwaukee, Wisconsin. The post Fintech Fundings: 102 Companies Raise $2.0 Total funding worldwide in July was $1.95 billion from 106 deals compared to June with $1.6 billion across 186 deals.

Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Fintech deals by size from 30 April to 6 May 2016: VTS. HQ: Milwaukee, Wisconsin. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). The post Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6 appeared first on Finovate.

Insurers & their VC arms are supporting Robo-advisory growth

Daily Fintech

Northwestern Mutual, a Milwaukee insurer, had invested through its private equity arm in LearnVest early on and acquired the company for $250M in 2015. The Japanese Mitsui Sumitomo Insurance Group has invested in the also large US FolioFn Fintech.