Moonfare Launches Direct Investment Programme
- 4 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
- 4 months 4 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
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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
- 5 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.
Tabby to Acquire Saudi Fintech Tweeq
- 5 months 3 weeks ago
- Investment
Tabby, the MENA’s leading shopping and financial services app, has announced it has entered into a definitive agreement to acquire Tweeq, a Saudi-based digital wallet licensed by the Saudi Central Bank (SAMA), during 24 Fintech, Saudi’s flagship fintech event. Tweeq will continue to operate independently, and through future opportunities, Tabby could explore expanding its financial products suite to include digital spending accounts, cards, and... more
FNZ Announces Executive Leadership Transition and $1B of Investment from Existing Institutional Shareholders
- 5 months 3 weeks ago
- Investment
FNZ, the leading end-to-end global wealth management platform, today announces that Adrian Durham, its founder, has decided to transition from his role as Group CEO to a non-executive role as Founding Director and Senior Advisor. Adrian will continue to sit on the Group Board and will remain a significant shareholder in the company.
Revolut Announces Secondary Share Sale to Provide Employee Liquidity
- 6 months 1 week ago
- Investment
Revolut, the global financial technology company with over 45 million customers worldwide, has signed agreements with a group of leading technology investors to provide liquidity to employees through a secondary share sale at a $45 billion valuation.
iBanFirst and SeedBlink Join Forces for Faster, Cost-Effective European Investments
- 6 months 2 weeks ago
- Investment
iBanFirst, a leading global provider of foreign exchange and international payments for businesses, announces an innovative partnership with SeedBlink, , Europe's all-in-one equity and investment platform. The collaboration between the two European Fintechs introduces a bespoke solution for fundraising startups and their private investors, ensuring faster onboarding and access to preferential FX rates.
Standard Chartered Invests In United Fintech To Bolster Its Digital Transformation Agenda
- 6 months 2 weeks ago
- Investment
Standard Chartered has confirmed its investment in United Fintech Group Limited (United Fintech), a London headquartered neutral Digital Transformation platform which acquires and forms partnerships with fintech companies in the capital markets space, creating a fintech one-stop-shop to innovate with businesses through collaboration with other cutting edge technology providers for the benefit of banks, hedge funds and asset managers.
91% Of FinTech Leaders Believe Industry Investment Will Return In The Next 12 Months, Reports Silverflow
- 6 months 2 weeks ago
- Investment
Silverflow, a leading cloud platform for global card processing, has today released findings from a survey of fintech leaders that reports 91% of them believe that fintech investment will grow again next year.
Global Fintech Investment Falls to $51.9 Billion, but Deal Volume Offers Optimism, Says KPMG’s Pulse of Fintech
- 6 months 2 weeks ago
- Investment
The first six months of 2024 were challenging for the fintech market globally amid the high interest rate environment and the significant amount of global geopolitical uncertainty. Total global fintech investment—including VC, PE, and M&A deal value—fell from $62.3 billion across 2,287 deals in H2’23 to $51.9 billion across 2,255 deals in H1’24.
NatWest Acquires Metro Bank Mortgage Portfolio
- 7 months 1 day ago
- Investment
NatWest Group plc today announces that it has entered into an agreement with Metro Bank plc to acquire a £2.5 billion portfolio of prime UK residential mortgages, with a weighted average current loan to value of c.62%. On completion of the transaction NatWest Group expects to welcome around 10,000 customer accounts which will continue to be serviced by Metro Bank, in accordance with current arrangements, following the transfer to NatWest Group.
Curql Leads Funding Round in ModernFi to Bring the First Deposit Network to Credit Unions
- 7 months 3 days ago
- Investment
Curql, a collective of credit unions jointly investing in fintech, has added ModernFi to its investment portfolio. This investment marks a significant milestone in establishing the first deposit network for credit unions and as the first investment for Curql Fund II, further solidifying Curql's mission to bring relevant and competitive solutions to the credit union industry.
