For some time, the VCT and EIS fund industry has wrestled with balancing the tax and investment aspects of its products. Unfortunately, the former is easier to articulate, and usually ends up being emphasised over the latter. A new white paper from Hardman & Co, How much should clients invest in venture capital? firmly tips the balance back in favour of the investment case.

IFIN (“Islamic Finance Initiation Network”) the first of its kind fintech, stands out with its state-of-the-art solutions for the Islamic finance industry and wins the Ethical Finance Initiative Award at the annual EFICA Awards 2021 held on Wednesday 24 November at JW Marriot Marquis, Dubai and organized by Abu Dhabi Islamic Bank (“ADIB”), a leading Arab financial institution, and Refinitiv, a London Stock Exchange Group business.

New investors JPMorgan Chase Strategic Investments, Standard Chartered Ventures and ING Ventures join cap table and client list

• Nyca Partners leads Series C round raising Thought Machine’s valuation to more than $1bn

• New institutional investors include ING Ventures, JPMorgan Chase Strategic Investments and Standard Chartered Ventures

Although bank transfers in the Single Euro Payments Area, or SEPA, take the same amount of time regardless of the country where the account is issued, some companies don't want to go through the extra trouble and refuse to serve customers from other countries entirely. So Lithuanian fintech company Bankera, together with several other fintech companies operating in the EU, has joined an international initiative to fight the IBAN discrimination. 

British Business Investments, a wholly-owned commercial subsidiary within the British Business Bank group, today announces a £7m commitment to FOLK2FOLK, a specialist marketplace lender for rural and regional smaller businesses.

Flutterwave, Africa’s leading payments technology company, is pleased to announce the launch of its new e-commerce service, 

Expert Networks Enter the Top 20 Highest Paid Investment Research Providers List for the First Time

Substantive Research,  the research discovery and research spend analytics provider for the buy-side, has completed a study examining how market share is changing in the investment research industry and which firms make up the list of highest paid providers in the industry.

Allevo, with the support of a grant from Iceland, Liechtenstein and Norway through the EEA and Norwegian Financial Mechanisms 2014-2021, in the frame of the Program “SMEs Growth Romania”, successfully finalized the Whizzer project, as per the 2018/115906 contract, on November 29^th 2021.

British Patient Capital announces a follow-on investment to Thought Machine, as the company announces the close of its Series C funding round at $200m. The new funding round raises Thought Machine’s valuation to more than $1bn. The round was led by Nyca Partners.

Thought Machine’s core banking platform, Vault, is now in production with major banks and fintech companies around the world. This announcement follows a period of accelerated growth, which has seen Thought Machine add more than 200 employees since the beginning of 2020.

● Paysend strengthens its board with experienced payments professional

● Mr. Perez spent 25 years at Mastercard, with 15 years as President Mastercard  Europe 

● The new appointment follows the successful Series B funding round in which  Paysend raised $125 million at a valuation of $700+ million