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Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR), today announced that it has acquired Signal, a leader in transforming customer communications for financial services and social sector firms in the UK. 0 "This is an important step toward globalizing Broadridge's digital communications solutions to better serve our clients with operations outside North America," said Mike Sleightholme, President of Broadridge International. "The combination of Signal's digital-first communications and strong relationships with UK financial services firms along with our proven scale and regulatory domain expertise transforms our ability to serve our global clients and extend our footprint in Europe." Signal provides a full suite of design, technology and consulting services that support omni-channel communications for financial services and other firms. Its proprietary technology and deep digital expertise help clients power their shift from legacy print to drive digitization and enhance client engagement. Signal provides an integrated shared service model to support in-house teams alongside specialist managed services, including fully outsourced print production. "Growing expectations from both customers and regulators are driving the need to modernise and digitise the customer and investor experience," said Barney Hosey, CEO of Signal. "Broadridge is a trusted and transformative partner to clients who shares our commitment to innovation. Its focus on providing a more holistic global customer communications experience, while delivering greater value to clients means we are very much aligned. The leadership team and I are delighted to be joining Broadridge and enabling the expansion of its global capabilities to serve customers and investors around the world." Serving nearly every major financial institution in North America and many globally, Broadridge processes billions of critical communications annually. To meet rising regulated communication and compliance requirements efficiently and securely, Broadridge leverages technology and deep regulatory expertise across global jurisdictions to ensure clients maintain compliance as rules evolve. Broadridge's communications and customer engagement platform delivers personalized, compelling digital and print experiences to attract, onboard, engage, and retain customers across industries including financial services, healthcare, utilities, telecom, and insurance. The transaction is not expected to have a material impact on Broadridge's financial results.
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Tassat appoints Glen Sussman CEO
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Casca raises $29m for AI-based loan origination platform
AI-native loan origination platform Casca has raised $29 million in a Series A funding round led by Canapi Ventures. 0 Casca customers Live Oak Bank, Huntington National Bank, and Bankwell Bank joined the round, alongside Y Combinator and Peterson Ventures, bringing the startup's total funding to $33 million. Founded in 2023 by banking IT experts and AI researchers from Stanford University, Casca claims that its platform funds commercial loans up to 10 times faster than other fintechs and 30 times faster than industry averages. The new money will be used to scale its operations, expand its team, and accelerate go-to-market efforts. Neil Underwood, co-founder and general partner, Canapi Ventures, says: 'With Casca, local financial institutions become the lender of choice-offering more affordable rates and keeping capital within the community. It's a big step for banking, and we're proud to be part of it.'
