Browsing: Fifth

Chris Doll’s “ability to align strategy, financial discipline, and execution will be instrumental as we continue to drive long-term growth,” Key CFO Clark Khayat said.

Fifth Third Bancorp (FITB) has launched a registered exchange offer for its unregistered senior notes, giving existing bondholders the option to swap into registered securities with identical core terms.

Embedded-payments platform Payload has raised a $9 million Series A led by Fifth Third Bank, according to the Cincinnati Business Courier, giving the Cincinnati fintech its first significant outside funding since it was founded in late 2019.

Reach Capital has closed its fifth venture fund with$265 million in commitments, giving the early-stage investment firm additional capital to back startups applying artificial intelligence across education, healthcare and the future of work.

Artificial intelligence is supercharging founders’ work in reshaping how people learn, live and earn. Reach Capital is looking for the founders leveraging AI to do those things inclusively. 

The “super angel” is set to add another remarkable achievement to its track record.

According to the Bureau of Economic Analysis, much of the recent growth in private sector investment in the U.S. economy has been technology related, from investment in information processing equipment and intellectual property products to exponential growth in data centers. In addition, many firms have been spending on services like subscriptions or training to determine…