Allvue Systems Acquires PFA Solutions To Expand Its Position As The Premier Solution Provider For Alternative Investors
- 3 days 15 hours ago
- Investment
Allvue Systems, LLC, a leader in alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equity, private debt and venture capital. PFA’s flagship product, FirmView®, combined with Allvue’s platform, will help CFOs and finance teams streamline fund operations and accounting workflows. The combined power of both platforms will further enable... more
N26 Adds Ready-Made Funds to Its Investment Offering
- 1 week 1 day ago
- Investment
N26 today announced the launch of Ready-Made Funds, a new offering added to its existing Stocks & ETFs trading product designed to make investing easier and more accessible than ever before.
Emirates NBD Powers Digital Asset Custody in the UAE Through Investment in Zodia Custody
- 1 week 2 days ago
- Investment
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region has invested in Zodia Custody, a prominent institution-first digital asset custodian. The strategic equity investment was made by Emirates NBD’s Innovation Fund, the bank’s corporate venture fund. Created in 2023, the fund strengthens the bank’s digital ambitions and regional expertise in synergy with the agility and technological innovations of... more
Illimity Supports the Growth of De Angelis with Over €21 Million, Including €9.1 Million Subscribed by Illimity SGR
- 2 weeks 4 days ago
- Investment
illimity Bank S.p.A. has supported the De Angelis Food S.p.A. Group (“De Angelis” or the “Group”) for a total of €21.1 million, one of the major international players in the production and marketing of fresh pasta and products for gastronomy.
KPMG Invests $100M In Google Cloud Alliance To Accelerate Enterprise Adoption Of AI
- 1 month 21 hours ago
- Investment
KPMG LLP and Google Cloud today announced a major expansion of their U.S. alliance focused on advancing generative AI, data analytics, and cybersecurity among Fortune 500 companies and global enterprises. KPMG will make a landmark $100 million investment in its Google Cloud practice, which KPMG estimates will drive $1 billion in incremental growth for the firm.
British Business Bank’s Growth Guarantee Scheme Provides Over £250M Of Lending To UK Smaller Businesses
- 1 month 1 day ago
- Investment
The British Business Bank today announces that its Growth Guarantee Scheme has supported more than £250m of finance to smaller businesses, since its launch as a successor to the Recovery Loan Scheme in July 2024. The Growth Guarantee Scheme is designed to support access to finance for UK smaller businesses as they look to invest and grow. The scheme works with a wide range of financial products and lenders, including term loans, overdrafts,... more
Morgan Stanley Expansion Capital Makes $20 Million Investment in NovoPayment
- 1 month 1 week ago
- Fundraising News, Investment
Investment funds managed by Morgan Stanley Expansion Capital announced today an investment of $20 million in NovoPayment, a leading financial and payment infrastructure service provider specializing in delivering digital banking, payments and card solutions. The funding is expected to support NovoPayment’s continued scaling and expansion of commercial partnerships.
UniCredit and Alpha Services and Holdings Announce Completion of Acquisition of Majority Stake by UniCredit in Alpha Bank Romania
- 1 month 1 week ago
- Investment
UniCredit S.p.A. ("UniCredit") and Alpha Services and Holdings S.A. ("Alpha") announce that, having received approvals from all relevant authorities and following completion of the due diligence process, UniCredit has acquired from Alpha International Holdings S.M.S.A., 100% subsidiary of Alpha, a 90.1% stake in Alpha Bank Romania S.A. ("Alpha Bank Romania") in consideration of (i) 9.9% of the share capital of UniCredit Bank S.A. ("UniCredit... more
UK Financial Institutions Double Investment in AI Over the Past 12 Months
- 2 months 2 weeks ago
- Investment
The number of UK financial institutions investing in artificial intelligence (AI) has doubled within a year, according to Lloyds Bank’s ninth annual Financial Institutions Sentiment Survey. Almost two-thirds (63%) of respondents are investing in the emerging technology, up from one third (32%) in 2023.
Moonfare Launches Direct Investment Programme
- 2 months 3 weeks ago
- Investment
In another milestone for the company, digital private investment manager Moonfare has launched its direct investments programme. Moonfare already offers individual investors a curated set of institutional-grade investment opportunities. Now, eligible investors will also be able to invest directly in select companies alongside leading GPs.
Citi and Apollo Announce $25 Billion Private Credit, Direct Lending Program
- 2 months 3 weeks ago
- Investment
Citigroup Inc. and Apollo today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies. The program will include participation from Mubadala Investment Company as Apollo’s strategic partner as well as Apollo’s subsidiary, Athene,... more
Revolut Founder Storonsky Sells £200m Stake in Fintech Giant
- 3 months 4 days ago
- Investment
Revolut’s founder, Nikolay Storonsky, has reportedly sold a stake worth £200 million in the fintech giant, according to sources familiar with the matter. The sale, led by D1 Capital Partners, Tiger Global, and Coatue, involved the secondary sale of employee shares, aimed at providing liquidity for the company’s staff. This transaction brought Revolut’s overall valuation to $45 billion.
SAVR Expands Platform with InCore Investment
- 3 months 5 days ago
- Investment
Savr, a leading fintech company based in Sweden has secured additional financial investment from Incore Invest, a European investment firm focusing on growth stage investments, further deepening their ongoing partnership.
BNY to Launch Alts Bridge Platform Broadening Investor Access to Alternative Products
- 3 months 6 days ago
- Investment
The Bank of New York Mellon Corporation, a global financial services company, has today announced Alts BridgeSM ("Alts Bridge"), a comprehensive data, software, and services solution built to meet the growing demand from wealth intermediaries looking to access alternative and private market investment products, through a simplified end-to-end investment experience.
Mastercard Invests in Defense of Global Digital Economy with Acquisition of Recorded Future
- 3 months 1 week ago
- Investment
Recorded Future is excited to announce its acquisition by Mastercard, one of the world’s most trusted and recognized companies, in a transaction valued at $2.65 billion. This acquisition represents a significant milestone in Recorded Future's journey, which began in 2007 with the development of the original patent for the Recorded Future Intelligence Platform.
