Acrisure Secures $2.1B Capital Raise Led by Bain Capital to Fuel Tech-Enabled Growth and M&A

Acrisure announced a definitive agreement for a $2.1 billion capital raise through the issuance of new convertible senior preferred stock, led by Bain Capital. The funds will refinance existing non-convertible preferred stock, support strategic accretive mergers and acquisitions, and accelerate Acrisure’s growth as a tech-enabled financial services platform aimed at millions of small- and medium-sized businesses worldwide.

Acrisure Secures $2.1B Capital Raise Led by Bain Capital to Fuel Tech-Enabled Growth and M&A

Flow Specialty Achieves Industry-Leading 50% Quote-to-Bind Ratio with AI-Powered Brokerage Model

low Specialty, a wholesale 3.0 specialty commercial insurance brokerage, recently achieved a remarkable 50% quote-to-bind ratio—more than double the industry average of around 20%. This milestone reflects Flow’s innovative approach to scaling broker expertise through AI-powered workflow augmentation, ensuring retail producers receive tailored coverage for any premium size.

Flow Specialty Achieves Industry-Leading 50% Quote-to-Bind Ratio with AI-Powered Brokerage Model

LPL Financial Unveils 80+ Tech Enhancements and Expands Leadership in Q1 2025

LPL Financial LLC, a leading wealth management firm, announced a series of over 80 enhancements to its financial technology, investment solutions, and platform infrastructure in the first quarter of 2025. These updates demonstrate LPL’s ongoing commitment to empowering advisors with advanced tools and technologies that optimize time, personalize client experiences, and improve financial guidance.

LPL Financial Unveils 80+ Tech Enhancements and Expands Leadership in Q1 2025

Galileo Launches Payment Method Switch to Simplify Recurring Payment Updates

Galileo Financial Technologies, SoFi Technologies, Inc.’s technology platform, has introduced Galileo Payment Method Switch, powered by Atomic. This innovative solution helps banks, fintechs, and brands simplify how customers update their default payment methods—such as debit cards, credit cards, and bank accounts—across multiple merchants, subscription services, utilities, and digital wallets in one seamless place. As subscription and automatic payments grow rapidly, this product addresses a key need for convenient, secure payment management.

Galileo Launches Payment Method Switch to Simplify Recurring Payment Updates

PitchBook Earns Trusted Seller Badge from TrustRadius for Transparency and Customer Focus

PitchBook, a leading data provider for private and public capital markets, has been honored with the Trusted Seller badge by TrustRadius, a respected buyer intelligence platform. This distinction highlights PitchBook’s dedication to transparency, integrity, and a buyer-first approach backed by verified customer reviews and up-to-date product information.

PitchBook Earns Trusted Seller Badge from TrustRadius for Transparency and Customer Focus

Zuora Launches AI-Powered Collections to Boost Cash Flow and Customer Retention

Zuora, a leading monetization platform for subscription-based and modern businesses, today announced the launch of Zuora Collections, an AI-powered solution designed to integrate collections into the entire customer lifecycle. This innovative product enables finance teams to accelerate cash flow while improving customer retention, cash forecasting, and account health.

Zuora Launches AI-Powered Collections to Boost Cash Flow and Customer Retention