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Angel Oak Acquires Canadian Firm as Part of Tech Push

Global Atlanta Atlanta firm also invested in an Irish fintech platform Atlanta-based lending platform Angel Oak Companies has invested in two international firms since May, bolstering its technology capabilities as it helps investors tap into new opportunities.   The company announced Wednesday that it had acquired Toronto-based Covience, a software and cloud computing firm that helping banks digital services and payment capabilities.   The move comes just one month after Angel Oak’s venture arm invested $3 million to take a strategic investment in Asset Class, a Dublin-based fintech firm that also provides customized and packaged software solutions for the financial services industry. 

Dublin fintech Asset Class to expand team after raising $3m

Dublin-based fintech Asset Class secures $3m investment

Dublin-based fintech Asset Class secures $3m investment Company to expand its technical development team locally following funding deal Thu, May 27, 2021, 10:51   Asset Class, a fintech company headquartered in Dublin, with offices in New York and London, has secured $3 million (€2.46 million) in investment. The fintech said that in addition to expanding its technical development team, it will use the financing to increase its sales and marketing infrastructure. Formed in 2020, Asset Class provides a range of bespoke software solutions to clients across financial sectors, including private equity, venture capital, financial advisory and commercial lending. Angel Oak Ventures, whose parent is an Atanta-based company with $21.8 billion in assets under management, led the investment.

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