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Angel Oak Hires Singh To Lead Insurance Industry-Focused Initiatives
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Angel Oak Hires Manu Singh as Head of Insurance Solutions
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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-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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