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Policygenius Notches $100M For InsurTech Growth

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as well as venture capital operations powered by Massachusetts Mutual Life Insurance Co., Last year, the company added a second headquarters in North Carolina to join its New York location. CEO Jennifer Fitzgerald said the firm isn’t focused on an exit path through a sale or stock market offering, but has its eye on growth.

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Cloud-based FI Software Provider nCino Goes Public

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Two weeks after nCino , the software provider for financial institutions (FIs), announced plans to go public , the North Carolina-based company is offering 7.6 If approved by the SEC, nCino will be listed on NASDAQ’s Global Select Market under the ticker symbol “NCNO.”. million shares of its stock. and $24.00 million. .

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Manufacturers Loosen Budgets To Make Tech Upgrades

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a maker of engineered flow components in North Carolina and industrial automation provider Rockwell Automation Inc. Morgan Stanley reported a three-month average index of planned capital spending among U.S. Xylem expects to cut its annual capital budget by $40 million to roughly $200 million this year, he added.

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nCino Ups Its IPO To As Much As $253M

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The Wilmington, North Carolina-based company nCino Inc., Its stock would be listed on the NASDAQ Global Select Market under the “NCNO” ticker symbol. BofA Securities, Barclays, KeyBanc Capital Markets and SunTrust Robinson Humphrey are the management team behind the deal. million by offering 7.6 million, $22.3

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nCino To Go Public

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Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. Its stock would be listed on the NASDAQ Global Select Market under the “NCNO” ticker symbol. In its initial public offering (IPO) filing with the U.S.

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Tech Center: Charlotte On The Edge of Tech Greatness

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Just west of the Research Triangle in North Carolina, Charlotte’s technology industry has been slowly growing over the past few years. With this news, we decided to focus our Tech Center on the up-and-coming North Carolina city. million over the course of the next three years to build up a FinTech hub in Charlotte.

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New York Sees Most Bank Branch Closures In US

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The area encompasses New York City, its suburbs and parts of New Jersey, “a very dense urban market in most instances, so there’s a lot of potential duplication of bank branches,” said Walter Bialas, director of research at Jones Lang LaSalle , the world’s second-largest commercial real estate services firm. markets in the study.

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