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Shard Credit Partners Provides Loan Funding in Support of Female-led MBO of NAC Grou

Shard Credit Partners has provided committed senior debt financing in support of a predominantly female-led management buy-out of independent training provider NAC Group, incorporating NA College, located in Washington, Tyne & Wear, North-east UK.  NAC Group is targeting expanding its vocational, industry-focused training following the investment.

Tuesday, November 15, 2022 - 10:32
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Financial IT
eToro Partners with Broadridge for Proxy Voting, Enabling Retail Investors’ Voices to be Heard

eToro, the social investing network, has partnered with Broadridge Financial Solutions Inc. (NYSE: BR) to enable proxy voting for its users.

Tuesday, November 15, 2022 - 10:28
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Financial IT
Gravita Launches to Challenge Traditional Accounting Industry Consolidators

Gravita today launches as a new challenger brand in the accounting industry with ambitions to become the leading tech-enabled full-service partner for established UK SMEs. Backed by Tenzing, Gravita is significantly investing in building a new kind of consolidator that combines the best of breed from high-quality professional services firms to support ambitious SME leaders in realising their growth goals.

Tuesday, November 15, 2022 - 10:11
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Financial IT
The Trading Pit, an Award-Winning Proprietary Trading Firm, Secures €10 Million in Growth Funding

The Trading Pit (TTP) is proud to announce that it has secured €10 million in its latest round of growth funding. The high-growth prop trading fintech has secured capital to accelerate its growth initiatives with a mission to become the global leader in online prop trading.

Tuesday, November 15, 2022 - 10:04
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/news/fundraising-news/trading-pit-award-winning-proprietary-trading-firm-secures-eu10-million-growth
Financial IT
Southeast Asian Countries are Close to Being on Par with Singapore on FinTech Regulation

A comparative picture of national FinTech regulation in the countries of Southeast Asia is based on the sum of 13 criteria based on the public information - availability in the country of special FinTech laws & acts, sandboxes, government initiatives, etc. (full list of criteria is described below).  Singapore remains the undisputed leader in Southeast Asia’s FinTech regulation. The Philippines, Malaysia, Thailand and Indonesia are making swift progress.

Tuesday, November 15, 2022 - 09:56
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/news/fintech-startups/southeast-asian-countries-are-close-being-par-singapore-fintech-regulation
Financial IT
Kneip Switches to CETREL Securities for AIFMD Reporting in Luxembourg

Kneip, a leader in fund data management and reporting solutions for the asset management industry, announces that Cetrel Securities, a subsidiary of Worldline Group, a leader in financial data and regulatory reporting services, becomes its sole filing partner as the companies expand their collaboration to enhance AIFMD filing in Luxembourg.

Tuesday, November 15, 2022 - 09:52
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/news/data-management/kneip-switches-cetrel-securities-aifmd-reporting-luxembourg
Financial IT
Global Processing Services Names Sharyn Wilson as Chief People Officer

Global Processing Services (“GPS”), a leading global payments technology platform, today announced the appointment of Sharyn Wilson as Chief People Officer.

In this newly created role, Sharyn is responsible for leading GPS’s global HR organisation, including Talent Strategy, Recruitment, Culture, Learning and Development, Compensation and Benefits. Sharyn joins GPS’ executive management team and is based in London.

Tuesday, November 15, 2022 - 09:45
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Financial IT
Wylth® - India’s 1st Independent Multi-Asset Platform Garners ₹1,750 Crores of Assets in its First Month of Operations

Wylth®, a cutting-edge technology platform, has recently been launched as India’s first Independent Multi-Asset platform for Independent Financial Advisors (IFAs). It offers a comprehensive digital platform with a vision to revolutionize the Financial Products Distribution business.

Tuesday, November 15, 2022 - 09:37
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/news/asset-management/wylthr-indias-1st-independent-multi-asset-platform-garners-1750-crores-assets
Financial IT
Monneo Continues Global Expansion with New London Office

Monneo, a complete end-to-end payment ecosystem provider, has announced the launch of its new central London office. In opening the office, the company has taken an important next step in its overarching global expansion plan.    

Tuesday, November 15, 2022 - 09:32
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/news/payments/monneo-continues-global-expansion-new-london-office
Financial IT
KB Securities, Subsidiary of Korea’s Largest Banking Group, Takes Stake in ADDX as Part of US$20M Upsize to Pre-Series B Round

Global private market exchange ADDX has raised approximately US$20 million in fresh capital from new and existing shareholders. KB Securities, a subsidiary of Korea’s largest banking group KB Financial Group (KBFG), led this latest investment, which was part of an upsized Pre-Series B round. The round kicked off in May 2022, when ADDX announced a US$58 million fundraising involving new shareholders Stock Exchange of Thailand (SET), Hamilton Lane and UOB.

Tuesday, November 15, 2022 - 09:26
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Financial IT

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