ACE & Company (ACE), a Geneva based global investment group specializing in private investments, has announced the closing of its fourth private equity co-investment fund ("ABO IV") at $244 million in commitments, surpassing its $200 million target. It is the largest fund raised to date across ACE's investment strategies. The ACE Buyout program has completed over 70 co-investments since 2011, establishing a reputation as a preferred partner to private equity sponsors.

With 25% of small businesses still supplying employees with printed payslips[2], print security firm, Zunoma, is helping employers to continue to accommodate employees that would favour a printed copy.

ING announced today that it will leave the Retail Banking market in France. This decision is the outcome of the strategic review that was announced in June 2021. As announced in June, ING’s Wholesale Banking activities in France will be continued, with a focus on strengthening our position and the ambition to be the go-to-bank for sustainable finance.

Scott Johnson, VP, Product Development, Western Union Business Solutions

When we made predictions for 2021 we anticipated a year of post-pandemic economic recovery. Instead, we saw more turbulence, highs and lows and another challenging year for individuals, businesses and industries. This has been another record year for digital transformation and advances in the financial services sector, but we have also fallen short in some areas including crypto, 5G and digital payments.

Biz2X today announced that its platform has been honored by IBS intelligence (IBSi) for Best Digital Lending Implementation: Best Adoption of Tools & Governance at the IBSi Global FinTech Innovation Awards 2021. The awards celebrate the “coolest innovations” in FinTech, according to IBSi.

• finova chosen to provide the software that will underpin the offering
• Entire implementation and go-live completed in 8 months and ahead of schedule

 finova has been selected to provide the software that will power Standard Life Home Finance’s move into the UK Equity Release market, following a competitive tender process.

Korify Capital, with its core mission of contributing to advancing the rollout of paradigm-shifting biotech companies, has announced the launch of its first venture fund, Korify Capital Fund ONE. It aims to raise up to $100m for breakthrough investments in biotech platform companies with a focus on longevity and mental health.

Investing in breakthrough technologies

The payment industry is going through a rapid period of technological transformation. From challenger banks to AI-assisted savings apps, we've already seen technology enhance the payment sector in many areas. Now, the trusted payment card is the next everyday item set to get a technology update.

The number of Google requests for P2P lending in Europe has been growing steadily in 2021. An analysis of the investment platform Robo.cash showed that Europeans are increasingly interested in P2P loans, with developed countries leading the way. 

Spain has one of the highest numbers of Google queries for the period, and every month the amount is growing by an average of 2.1%. At the same time, the concentration of P2P platforms for the business and consumer segment is the highest in the country.

Investae received the World Finance 100 Award in 2021 and has been praised for both its accomplishments and outstanding innovation by the British financial magazine 'World Finance'.

Investae is a fintech, which prides itself on serving clients in over 30 countries. The company provides solutions for investment firms, bond issuers, wealth managers, private bankers, as well as alternative investment fund managers, and is designed to simplify the often-complex capital-raising process.