Investment

Assetz Capital hits IFISA milestone with £100m invested

More than £100m has now been invested through Assetz Capital’s Innovative Finance ISA (IFISA), making up 23% of all invested funds on the Assetz platform. Over 5,000 Assetz Capital IFISAs have been opened since it launched in 2017, with an average of more than £19,000 held in each of these accounts – nearly three times the average of £6,409 that is held across all ISA types according to the latest HMRC statistics available for the whole market. Read more »

Assetz Capital celebrates as investors rack up £100m in interest

Investors in Assetz Capital have collectively earned £100 million to date in total gross interest. Founded in the wake of the financial crisis in 2013, the marketplace lender has amassed a community of over 37,000 investors to its platform, ranging from banks and institutional lenders to businesses and retail investors. It’s been a record year for Assetz Capital, which has seen almost £100m invested into its Innovative Finance ISA (IFISA)... more Read more »

genesis Raises $1.8m to Fuel Growth from Illuminate Financial Management and Tribeca Early Stage Partners

genesis, the international capital markets software firm today announced the closing of its second capital raise, securing $1.8m of investment in a round that was led by Illuminate Financial Management, a U.K. based capital markets venture capital firm and Tribeca Early Stage Partners, a New York venture group. genesis has now raised $5m since its first external capital injection in November 2018. Read more »

Waracle receives £4.8m investment from BGF

Waracle, one of the UK's largest mobile apps and digital products developers, has received a £4.8m investment from BGF, the UK and Ireland’s most active investor in growing businesses, to support its long-term growth plans. Waracle designs, develops and manages mobile apps and other digital products, working with some of the UK’s largest businesses across sectors including fintech, digital health and energy. Waracle continues to develop industry... more Read more »

Ripple makes final $20 million investment in MoneyGram equity

MoneyGram, a global provider of innovative money transfer services, today announced that Ripple, a provider of leading enterprise blockchain solutions for global payments, has made the final $20 million investment in MoneyGram equity pursuant to Ripple's original $50 million equity investment commitment made earlier this year.  Ripple purchased the newly-issued equity from MoneyGram at $4.10 per share, which represents a signif Read more »

Invstr brings interactive investing education to mobile with launch of Invstr Academy

Invstr, the award-winning investing app, has announced the launch of Invstr Academy, an interactive and gamified learning experience that enables total beginners to become confident investors. For the first time, beginner investors can build investing knowledge through an intuitive mobile experience, custom-designed for the digital age. Accessed through the Invstr app, Invstr Academy features ten modules, each containing practical information... more Read more »

Singapore-based EDBI named as Pico investor and strategic partner

Pico, a leading provider of technology-as-a-service for the financial markets community globally, today announced that EDBI, a global Asian-based Investor, is now a Pico investor and strategic partner.   Read more »

Alliance Investments Announces Plans to Tokenize £500m of UK Real Estate

UK-based Alliance Investments, a direct-to-developer real estate investment company, today announced its plans to tokenize £500m of real estate projects across the UK over the next several years. The first project of its real estate tokenization plan is River Plaza, a 180-unit luxury residential development that is located on the banks of River Irwell and directly opposite of Castlefield in Manchester. Read more »

Over 70% of European P2P investors use PCs to manage portfolios

Analysts of the company explain that making an investment decision often requires easy access to additional information and a thoughtful approach. It is way more convenient to use a desktop website version  to manage data, create investment portfolios or configure the settings. This is especially true for investors who distribute funds between several P2P platforms and have to work with data on different websites. According to Robo.cash, the... more Read more »

TreasurySpring raises £2m to fuel growth

TreasurySpring, the London-based financial technology company today announced the closing of its latest capital raise, securing £2m of investment in a round that was led by ETFS Capital, with participation from MMC Ventures and existing investors. The round was more than three times oversubscribed and the company has now raised more than £3.5m since its first external capital injection in November 2017.  Read more »

The Post-Trade Distributed Ledger (PTDL) Group Welcomes Largest Investment Bank in Latin America to its Organising Committee

The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to drive the transformation of distributed ledger technologies within the post-trade landscape, welcomes BTG Pactual the Brazil based investment bank to its organising committee. Read more »

Maven invests £2 million in high-growth FinTech provider Delio

Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has invested £2 million in high-growth FinTech provider Delio Limited (“Delio”). The funding will support the business scale its international sales team across key global financial locations in Europe, Asia, the Middle East and North America. Read more »

Robo.cash has funded €100 mln worth of loans

The European P2P platform Robo.cash has financed €100 mln of loans. The platform's data for the first seven months of 2018 and 2019 show an upward trend: this year, the volume of funded loans has grown by 74.5% and amounted to €41.9 mln. Along with other reasons, this can be explained by the increasing demand for online lending, which creates more opportunities for P2P investors.    Read more »

innogy Ventures Invests In World’s First Intelligent Mobility Operating System

innogy Ventures, the venture capital investment arm of innogy Innovation Hub, has invested in Teralytics AG as part of a $17.5 million funding round. innogy Ventures and innogy Innovation Hub are backed by innogy SE, a leading German energy company. The round was led by Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group. Other participants included Deutsche Bahn Digital Ventures, LBBW Venture... more Read more »

Legal & General announces first fintech partnership with Raisin.co.uk

Legal & General, one of Europe’s largest asset managers and a major global investor, has announced a partnership with Manchester-based fintech Raisin.co.uk. The collaboration will provide Legal & General customers with access to FSCS protected cash savings accounts through the Raisin.co.uk marketplace.   Read more »

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