Investment

World Bank Invests USD 668 Million in Private Banking and Retail Investors

The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) has raised USD 667.816 million through its Notes due May 31, 2026. The Notes offer investors a fixed rate coupon for the first year and floating rate coupons thereafter. The trade launched in early May and priced on May 25, 2016. Read more »

Santander InnoVentures to Invest in Robo-Advisory Platform SigFig

 Santander InnoVentures, the fintech venture capital fund of Santander Group, today announced its latest portfolio investment in SigFig – a US-based provider of wealth management technology, designed to provide high-quality investment advice to all wealth levels via a combination of design, data science, and technology. Read more »

e.ventures Gets New Investment

 e.ventures is announcing the closing of a new $150 million early stage fund to target Europe’s best businesses and entrepreneurs, bringing e.ventures’ total assets under management today to more than $1 billion. This new fund, focused on seed and Series A rounds, will be deployed alongside an already active $290 million global growth investment vehicle which targets subsequent financing rounds, allowing entrepreneurs the gain the full benefit... more Read more »

IHS Technology Analysis: Apple Invested $1 billion in Didi

IHS Technology Analysis: For Apple, the investment in Didi highlights the strategic importance of China and the services segment for Apple’s future strategy. The past quarter’s results show that Apple’s iPhone business is slowing and expansion in China had been one of its main growth drivers in recent years. As its hardware business has slowed, Apple has been keen to drive growth in its services revenues. This move shows how Apple is... more Read more »

Idinvest and Creandum Invest $14 Miillion in Planday

Planday, the workforce management platform for shift-based businesses, today announces that it has raised a $14 million Series B round of funding. The round was led by new investors Idinvest, and also included Creandum, the lead investor in Planday’s Series A round, SEB Private Equity, and angel investor Arthur Kosten, co-founder of Booking.com.   Read more »

Eight Fintech Startups Get Investment Boost from BNP Paribas

BNP Paribas selected eight fintech startups to take part in a four month accelerator programme that will see each firm work on developing products and services for specific areas of the bank's business. The programme, run by the tech innovation specialist L'Atelier BNP Paribas, sees each startup paired with a different one of the French bank's departments, working on fields including insurance, payment methods, customer experience, cybersecurity... more Read more »

Fidessa Launches Latest Version of Minerva OMS

Fidessa group plc (LSE: FDSA) today announced the latest version of its Minerva buy-side order management system (OMS). Minerva sits within Fidessa's Investment Management Solutions suite which provides asset managers with comprehensive, end-to-end workflow for investment decision, compliance, orders & trading and post-trade across all asset classes. Read more »

Linedata Unveils Latest Version of Linedata Capitalstream

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, is pleased to announce that the latest release of Linedata Capitalstream, the Best-in-Class Lending & Leasing solution, is now available. Read more »

Kyc.com to Expand its Services in Hong Kong and Singapore

Kyc.com, the joint venture between Markit Ltd. (Nasdaq: MRKT) and Genpact Limited (NYSE: G) today announced the expansion of its service to Hong Kong and Singapore. This roll out is in addition to jurisdictional coverage in the US, UK and Australia which launched in 2014. Read more »

Fintech Platform BrickVest Goes Live

 BrickVest is announcing the launch of its online direct real estate investment platform.The London based Fintech platform allows investors to invest as little as EUR 1,000 in institutional quality real estate that previously was only accessible to large institutions such as pension funds, insurance companies and large family offices. Read more »

Vescore AG Goes Live With SimCorp’s Dimension Solution

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, announces that Vescore AG, a Swiss asset manager with USD 14bn in assets under management, has successfully completed the implementation of SimCorp Dimension. The predecessor company of today's Vescore AG made the decision to enhance its institutional client business in the summer of 2014 and selected SimCorp Dimension to... more Read more »

AXA Strategic Ventures to Invest in Blockstream

AXA Strategic Ventures (AXA SV), a global €230 million ($250 million) venture capital fund, announces today it is co-leading a $55 million Series A funding round for Blockstream. As part of the round, AXA Strategic Ventures joins Blockstream’s Advisory Board. Read more »

Linedata Announces Release of Linedata Mobil'Ekip

Linedata, (NYSE Euronext: LIN) the global solutions provider dedicated to the investment management and credit industries, announces the launch of its digital Linedata Mobil'Ekip solution. With this application, key tasks and information can be managed and accessed from mobile platforms, such as smart phones and tablets. It operates in conjunction with the core Linedata Ekip360 system. Read more »

HSBC to Invest $10.5 million in StartUp Firm CustomerMatrix

HSBC announces $10.5 million investment in New York-headquartered cognitive computing startup CustomerMatrix. CustomerMatrix is promising to transform customer relationship management through a platform that "connects the dots" between organisations and their clients. The platform’s proprietary scoring system is designed to help firms capture hidden revenue opportunities in real-time, by recommending specific actions for customer-facing... more Read more »

Maitland to Act as an AIFM for Fast-growing PERE Sector

Maitland, the global advisory and fund administration firm, is now able to act as an alternative investment fund manager (AIFM) for private equity and real estate (PERE) alternative investment funds. This follows approval for MS Management Services S.A., a Luxembourg-based subsidiary of Maitland, to extend its existing AIFM licence to include PERE funds. Read more »

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