Prudential Financial
Prudential Financial is a leading American financial services company offering insurance, retirement, and investment management solutions to individual and institutional clients. Through its PGIM asset management arm and a broad range of insurance products, the firm serves customers across retirement plans, group and individual life insurance, annuities, and related risk products. It distributes products through proprietary and third-party channels, serving mass affluent, institutional, and international markets, with a notable presence in the United States and Japan and growth in other regions. The company focuses on pension risk transfer, retirement income, and long-term protection products, while providing third-party investment management, mutual funds, fixed income, real estate, and other asset classes. Founded in 1875 and based in Newark, New Jersey, Prudential Financial emphasizes diversification across its insurance and asset management businesses to meet diverse client needs.
Past deals in Nicaragua
Remitly
Series E in 2019
Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.
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