Thunes, a leading global payments network,  today announced a partnership with Dashen Bank that makes it quicker and cheaper to  send money to Ethiopia from around the world, directly to their bank accounts and Amole  wallets. 

Liquidity Capital, the global fintech and debt management company, and Dubai-based YAS Investments today announced a joint venture agreement to set up a USD 100m venture finance fund, YAS Liquidity Fund, in Abu Dhabi Global Markets. The sector-agnostic fund will focus on providing minimal-dilutive growth financing options to tech companies operating in the MENA region.

Microlise, headquartered in Nottingham, is a leading provider of transport management technology solutions, delivering a globally enabled software platform that digitises the business processes of enterprise organisations that run highly complex logistics operations.

The IPO will raise a total of £61.2 million and values the company at approximately £156 million.

The Group announces that it has reached an agreement to acquire J&E Davy (“Davy”), Ireland’s leading provider of wealth management and capital markets services, for an enterprise value of €440 million, subject to certain customary adjustments including capital at completion (the “Enterprise Value”). 25 percent of the Enterprise Value will be paid two years after completion subject to Davy shareholders meeting a number of agreed criteria. The balance will be paid as cash consideration on completion, which is expected in 2022.

Global analytics leader FICO has, for a second consecutive year, seen members of its EMEA team recognised for outstanding efforts as finalists in the Women in Credit Awards sponsored by Credit Strategy. 

• Michelle Beetar, Vice President and Managing Director for Africa at FICO has been shortlisted for Team Leader of the Year 

 Clim8 Invest (Clim8), the UK’s leading sustainable investing app, has closed its latest crowdfunding campaign on Crowdcube, hitting £2.85 million from over 1,800 investors. 

BSO, a global pioneering infrastructure and connectivity provider, today announced that it has upgraded its main routes between Shanghai and key financial hubs in London, Hong Kong and Tokyo. The upgrade delivers the fastest connectivity to Shanghai equities and futures markets of any provider and bolsters BSO’s position as the reputed market leader in low-latency connectivity.

Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced enhancements to its Business Cash Advance (BCA) to support more SMEs as England eases Covid-19 restrictions.

With SMEs showing high demand for finance as they prepare for post-lockdown trading, the fintech lender has made a number of changes and new additions to the BCA solution, providing businesses with more options and flexibility. The enhancements are:

Bridgeweave, the Fintech building AI products to help investors make better decisions, today announced the UK launch of its AI-powered investment information app, InvestorAi. 

InvestorAi acts like an AI-powered personal investment analyst for retail investors, using algorithms trained for global equity markets. These algorithms produce powerful predictive insights that level the playing field between retail investors and professional money managers by providing the same sophisticated quality of information, in an easy-to-understand way.