Investment

Fifth Third Bank Partners With QED Investors for FinTech Innovation

Fifth Third Bank is partnering with venture capital (VC) firm QED Investors to bring new products and services to their banking customers. The VC firm will advise the Ohio-based bank and support its NorthStar strategy to “enhance offerings through technology”. Tim Spence, executive vice-president and chief strategy officer for Fifth Third Bank says the partnership “should enable us to identify new, high-potential technologies to complement our... more Read more »

Habito, UK’s Digital Mortgage Broker, Raises £5.5m in Series A Funding

ondon-based habito raises money to accelerate rapid growth. Revolutionising the mortgage industry - 20,000 customers helped since April launch. Habito, the UK’s digital mortgage broker, has raised £5.5m in Series A funding led by Silicon Valley-based Ribbit Capital, with participation from existing investor Mosaic Ventures. Habito plans to use the new investment to accelerate its rapid growth, enhance the technology behind its award-winning... more Read more »

EIS Wallet Introduces Online Service to Manage EIS and Investments Digitally

New online service digitalises paperwork for tax relief around Enterprise Investment Schemes The brains behind alternative investments platform CoInvestor have launched a new online service, EISWallet.com, allowing investors and their financial advisers to record and manage all of their Enterprise Investment Scheme (EIS) and unlisted investments digitally for the first time. Read more »

Swimlane Secures $6 Million to Drive Growth into Fast-growing Automated IT Security Operations Market

Swimlane, a leader in automated incident response and security orchestration, today announced it raised an additional $3 million in funding completing a total of $6 million in Series A funding led by a private group, including a mix of Colorado-based angel investors and industry experts. Read more »

TCF Bank Raises $50,000 for Make-A-Wish® Minnesota

TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), today announced that it raised more than $50,000 for Make-A-Wish Minnesota. Donations were accepted at all 98 TCF Bank branches in Minnesota and collected during team member fundraising events. During the past two years, TCF Bank customers and team members donated more than $150,000 to the  Read more »

Senjō Group Invests in Start-Up Tjaara

Senjō Group, a global payments operator and FinTech investment firm, announced today its partnership and funding of Tjaara Pte. Ltd, a Singapore-based B2B service. Tjaara or “Marketplace” in Arabic, uses a group buy concept to aggregate demand from customers to present a large consolidated order to pre-qualified manufacturers. Read more »

35% of International HNWs are Less Likely to Invest in UK Post Brexit

 New data released by ComPeer, the specialist in business performance benchmarking, competitor analysis and research services for wealth managers, private banks and stockbrokers, paints a mixed picture of international mass affluent and High Net Worth (HNW) sentiment in the UK economy following the Brexit referendum result. Read more »

Western Union Invests in Mobile Payments Tech Company

The Western Union (NYSE: WU) Company, announced today that it has made a strategic investment in Walletron, Inc. a pioneer in mobile wallet bill presentment and payment capabilities. The investment supports Western Union’s strategic direction to bring smart and convenient payment experiences to its customers via smartphones. Walletron automates brands’ presence in mobile wallets like Apple Wallet and Android Pay, powering digital engagement and... more Read more »

Santander InnoVentures Invests in Tradeshift

Santander InnoVentures, the fintech venture capital fund of Santander Group, today announced its latest portfolio investment in Tradeshift, a leading business commerce and supply chain finance platform based in San Francisco. The Santander InnoVentures investment will be used to further broaden Tradeshift’s capabilities, fuel the development of its platform and grow the ecosystem surrounding its B2B marketplace. Read more »

Juuri Partners Invests Attido

The Finnish private equity company Juuri Partners invests in IT company Attido, which develops financial automation solutions. The company’s new solutions help companies to increase the efficiency of financial administration, improve the accuracy of reporting by automating the routines and free resources for higher value-add work. The estimated value of the global market is 17 billion dollars. Read more »

Finimize Completes Seed Funding Round led by Passion Capital

 Finimize, the London-based start-up making finance more accessible for millennials, has raised £450k (US$590k) seed funding in a round led by Passion Capital. Other investors in the round include Jason Butler, one of the top 100 financial advisers in the UK and author of The Financial Times Guide to Wealth Management. Read more »

Sino-Ocean and KKR Invest in Capital Juda

Leading Chinese property developer Sino-Ocean Group Holding Limited (“Sino-Ocean”; HKEx: 3377) and global investment firm KKR have entered into a definitive agreement to invest in China leading retail outlets developer and operator Beijing Capital Juda Limited (“Capital Juda” or “The Company”; HKEx: 1329) through a combination of new ordinary shares and perpetual convertible bond securities for a total consideration of HKD1,477 million (US$191... more Read more »

VEDC Receives Funds from Wells Fargo to Support Diverse Small Businesses

Valley Economic Development Center, also known as VEDC, is one of 12 Community Development Financial Institutions (CDFIs) to receive funds from the Wells Fargo Works for Small Busines Read more »

CoInvestor Study Reveals Private Investors Take Control for Higher Returns

Ahead of the Government’s Autumn Statement, alternative assets platform CoInvestor urges the Chancellor not to move further away from the pensions freedoms which have given investors more control and choice over their investments. Nearly half (48%) of mass affluent Britons benefitting from the Government’s changes to pensions legislation in 2015, said this was because it gave them control of their own investments, research carried out by YouGov... more Read more »

Global Risk Technologies Invests in Veridu for Global Expansion and Authentication

 Global Risk Technologies, Europe’s first chargeback management company and parent of Chargebacks911, announces a significant new investment in London-based Veridu, an innovative identity verification service provider for online merchants. Read more »

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