Nostra, an independent, Irish owned and managed MSP company headquartered in Lucan, Co. Dublin has acquired Brandon Global IT for an undisclosed sum. The deal was funded by Bank of Ireland together with Nostra funds. Nostra reported an EBITDA of €880,000 for year end, 2019. The acquisition of Brandon Global will now see the company’s turnover expected to rise from €14 million to €18 million.
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B2C2, the trading firm of choice in the institutional crypto markets, announced that SBI Financial Services (a subsidiary of SBI Holdings, "SBI") has agreed to acquire a $30 million minority stake in the firm.
Ground control and Captain Tom
When veteran Captain Tom Moore decided to walk one hundred laps of his garden before his 100th birthday to raise funds to support NHS heroes battling Covid-19 from the frontline, he never imagined that he would raise a whopping £32 million plus. It’s one of the most heart-warming stories of modern times. It also highlights that not even a lockdown can stem the global financial system or prevent people from spending on what is important to them. As suddenly as we plunged into doom and gloom we’ll see a revival.
Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.
The Department of Economic Affairs (DEA), Ministry of Finance, Government of India is the presenting partner of the event. The event is also supported by the World Bank and the United Nations Capital Development Fund (UNCDF).