Apex Group Acquires Majority Stake in Fund Admin Chain
- 2 years 8 months ago
- Fund Management
Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, announces today the expansion of its Digital Assets capabilities with the acquisition of a majority stake in Fund Admin Chain (“FAC”), a distributed ledger-based network for launching, distributing, trading and settling collective investment funds.
ZEDRA Enhances Its US Presence With the Acquisition of US Global Expansion Specialist, Axelia Partners
- 2 years 8 months ago
- Fund Management
Axelia Partners is headquartered in Boston (Massachusetts) with offices in New York The acquisition is in line with ZEDRA’s ambition to expand further into the US and be recognised as an international leader in global expansion services Complements UK acquisition of Fitzgerald & Law in 2020
Fintechs Unite In Ukraine Fund Appeal
- 2 years 8 months ago
- Fund Management
An appeal has been launched to encourage businesses in the fintech sector to donate and raise much needed funds for those affected by the crisis in Ukraine. Fintechs For Ukraine aims to encourage tech firms to raise as much money as possible to help support victims of the crisis. Every penny raised will go directly to Save the Children’s Ukraine Appeal which aims to see the fintech community, across Europe and beyond, join forces and come... more
How Investing Has Become Accessible for Amateurs
- 2 years 9 months ago
- Asset Management, Fund Management, Investment Management
These days, it seems like everyone can become a successful investor. And the reason for it is that technology continues to revolutionize how people can grow their financial assets. What was once a field for the elite is now accessible to beginners. As a result, we’re seeing new kinds of investments and greater accessibility levels for amateurs, leading ultimately to better consumer engagement. There’s also lower levels because chargeback... more
Melanion Capital’s Bitcoin Thematic ETF becomes first European Bitcoin thematic fund to launch the Nasdaq symbol on the Nasdaq Fund Network
- 2 years 9 months ago
- Fund Management, Data Management
KNEIP, a leader in fund data management and reporting solutions for the asset management industry, today announces that it launched the first European-domiciled Bitcoin thematic fund on the Nasdaq Fund Network, to trade under the symbol MBTCX.
Allianz X Leads Funding Round of London-based Fintech OpenGamma
- 2 years 10 months ago
- Investment, Fund Management
● Allianz X and existing investors provide a total of USD 21 million ● OpenGamma helps professional capital market participants enhance capital efficiency through optimization algorithms for collateral management ● Additional funding to enable OpenGamma to further grow core business, expand range of services, and accelerate growth
British Business Bank Publishes Updated List of 265 Companies in Which the Future Fund Has a Shareholding
- 2 years 10 months ago
- Fund Management, Banking
Today the British Business Bank publishes a list of 108 additional companies in which the Future Fund holds an equity stake, taking the total to 265 as at 31 December 2021. Launched on 20 May 2020, and open for applications until 31 January 2021, the Future Fund issued 1,190 companies with Convertible Loan Agreements worth £1.14bn in total. Third-party investors were required to at least match the Future Fund’s investment.
365 Business Finance Secures £55m Funding
- 2 years 10 months ago
- Investment, Fund Management
· New investment secured as the London-based fintech aims to quadruple lending · Unprecedented demand sees SME funding more than double from pre-COVID levels 365 Business Finance has successfully completed a £55m debt and equity raise, as the fintech lender aims to quadruple its lending to SMEs over the next two years.
Startup Funding - Wikisoft Corp. plans Digital Shake-up
- 2 years 10 months ago
- Fund Management, FinTech StartUps
Wikisoft Corp, a big data and business analytics company, today announced plans to digitize startup funding and accelerate matching startups with investors. Once a startup's seed investment round is secured then the fledgling company powers ahead to create a minimal viable product (MVP). Once the MVP is proven, the founders of the startup will soon require further investment to accelerate growth. They participate in a series of investment... more
The Best in Industry PAMM and MAM System for Brokers
- 2 years 10 months ago
- Fund Management, Investment Management
PAMM and MAM accounts have started to draw more attention than ever, especially during 2021 when we have seen a notable increase in interest from traders. This growth can be accounted for in several ways, perhaps not surprisingly as a result of the explosion of online trading, which has in turn, created further demand for Forex and crypto-related services from brokers.
Acadia and Transcend Form Joint Collateral Validation Service to Mitigate UMR Challenges for the Buy-Side and Broker-Dealers
- 2 years 10 months ago
- Fund Management, Risk Management
Transcend, a leading provider of collateral, liquidity, and funding solutions, and Acadia, a leading provider of integrated risk management services, have partnered to deliver an automated, comprehensive and independent Collateral Validation Service. This service allows the buy-side and broker-dealers to confidently manage the growing complexity and volume of margin activity driven by Uncleared Margin Rules (UMR).
Indian Digital Lender CASHe Raises 140 Crore in Equity Funding from TSLC
- 2 years 10 months ago
- Artificial Intelligence, Fund Management
Charts accelerated growth plans with new partnerships and leadership expansion
Korify Capital Launches $100M Venture Fund for Breakthrough Investments in the Biotech Sector
- 2 years 11 months ago
- Investment, Fund Management
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
CFPB Takes Action Against Access Funding and Its Leadership for Misleading Consumers with Structured Settlements
- 2 years 11 months ago
- Fund Management
Victims Included Those with Structured Settlements due to Lead-Paint Poisoning
Enness Global Announces Record Year with £9 Billion in Financing Enquiries
- 2 years 11 months ago
- Fund Management
Enness Global, the high-value, international debt and finance broker, last week announced that it had achieved a record-breaking year in terms of financing enquiries. The firm received 2,468 qualified leads in 2021, representing more than £9.11 billion in financing requirements for high-net-worth individuals and corporations. The firm brokered deals for nationals from 48 different countries.
