The Average Value of a UK Growth Stage Company Reaches £100m in 2020, Showing Strong Investor Confidence
- 3 years 4 months ago
- Investment
British Patient Capital comments on the British Business Bank’s Small Business Equity Tracker which reveals the average pre-money valuation of a growth stage private company reached over £100m. At £100.8m in 2020 this is an increase of 92% compared to 2019. In growth stage tech companies, the increase on 2019 levels was more pronounced, rising by 102% to reach £124m.
ACA Group Announces Signatory to United Nations Principles for Responsible Investment (PRI)
- 3 years 4 months ago
- Investment
ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI).
EBANX Announces US$430 million Investment from Advent International
- 3 years 4 months ago
- Investment
EBANX, the leading cross-border commerce platform in Latin America connecting global merchants with local consumers, today announced an investment of US$400 million from Advent International and an additional commitment of US$30 million to the company's planned IPO in the U.S. Advent is one of the largest private equity firms in the world and one of the most successful investors in the Payments industry, having made investments in Vantiv,... more
nSure.ai Raises $6.8 Million in Seed to Introduce Advanced Fraud Prevention to the Digital Goods Space
- 3 years 4 months ago
- Investment, Security, FinTech StartUps
nSure.ai, a predictive AI fraud protection company, focuses on the unique needs of digital goods retailers, announced a successful seed fundraising round of $6.8 million, led by DisruptiveAI, Phoenix Insurance, Kamet – an AXA backed venture builder, Moneta Seeds and private investors.
Fineco offers Access to Wellington Management Funds on its Investing Platform
- 3 years 4 months ago
- Investment, Management, Banking
Wellington Management is one of the largest global asset managers offering investment solutions spanning across the global equity, fixed income, multi-asset and alternatives. The latest addition to Fineco's investment platform follows a string of recent fund announcements made this year including AXA IM, Candriam and Ninety One.
Temenos Recognizes Clients with the Changemaker Awards at TCF Online 2021
- 3 years 4 months ago
- Investment, Banking, Core Banking
Temenos, the banking software company, announces the winners of the 2021 Temenos Changemaker Awards for customers, presented at the annual flagship event, the Temenos Community Forum (TCF). The event brought together 50 industry speakers and 10,000 business leaders and technologists from around the world to reinvent and shape the future of banking.
Alicorn Backed Glassbox Lists on Tel Aviv Stock Exchange at Pre-Money Valuation of US$350m
- 3 years 4 months ago
- Investment
Alicorn Global Ventures (“Alicorn”), which invests in late-stage technology companies, announces that its strategic investment, Glassbox Ltd (“Glassbox”), today started trading on the Tel Aviv Stock Exchange (TASE: GLBX). Alicorn is the global venture arm or Arowana International, the established B Corporation accredited investment group.
Riverbed Appoints Dan Smoot as President and CEO to Drive Next Phase of Growth
- 3 years 4 months ago
- Investment, Cloud, People Moves
Riverbed® has announced the appointment of Dan Smoot to President and CEO to drive the Company’s next phase of growth, and continue its momentum in delivering industry-leading visibility and performance solutions for networks and applications, anywhere users reside. Smoot, who has more than 30 years of experience holding top leadership roles including at Salesforce, Cisco and VMware, joined Riverbed in June 2018.
wajve Secures €5 million Seed Funding Led by EQT Ventures to Accelerate Financial Advisory App for Gen Z
- 3 years 4 months ago
- Investment, Financial
wajve -- the Berlin-based financial app for Gen Z – has raised a €5 million seed round, led by EQT Ventures with participation from 468 Capital. The funding will be used to accelerate the roll-out of the platform, which has just launched, for the first customers in Germany before expanding into other European markets.
LemonEdge Raises $2.5 Million in Mission to Digitise Complex Accounting for the Private Equity and Financial Services Industries
- 3 years 4 months ago
- Fundraising News, Investment, Asset Management
London-based fintech LemonEdge (formerly LemonTree Software), has secured funding of $2.5 million USD in a heavily oversubscribed fundraising round led by Sidekick Partners, a venture firm with deep ties to the North American private equity industry. Sidekick Partners is joined in this round by investors Tikhon Bernstam, founder of Parse and Scribd, and Lauren Iaslovits, founder of Investran and a pioneer of private capital market technologies.
NeoXam Appoints ex Six Financial Information Exec as Head of Sales for DACH and CEE Regions
- 3 years 4 months ago
- Investment, Financial
NeoXam, a leading software company for financial markets, has announced the appointment of former SIX Financial Information MD, Mark Hembury, as Head of Sales for the Germany, Austria, Switzerland, Liechtenstein (DACH) and Central & Eastern Europe (CEE) regions.
Clearwater Analytics Named Best Client Reporting Solution for Investment Managers
- 3 years 4 months ago
- Investment
Clearwater Analytics, a global SaaS solutions provider, announced today that it was named Best Client Reporting Solution in the 2021 FTF News Technology Innovation Awards.
Valterra Partners Invests in Miami-Based ColoHouse
- 3 years 4 months ago
- Investment, Security
Valterra Partners LLC (“Valterra”), and fifteenfortyseven Critical Systems Realty LLC (“1547 CSR”), a leading owner, developer, and operator of data centers, have partnered together to acquire
Stemly Spins out from ING Labs Singapore to Enable Accelerated Growth and to Pave the Way for an Independent Future
- 3 years 4 months ago
- Investment
ING today announced that Stemly, a software as a service platform, is the first initiative to be spun out of ING Labs Singapore. To enable accelerated growth and to pave the way for an independent future for Stemly, venture capital fund Elev8, ING Ventures and EDB New Ventures, the corporate venture building arm of EDB, along with other investors, will invest US$2.5 million into the venture.
Goji Achieves 50% growth in Assets Serviced Amid Growing Demand from Global Asset managers
- 3 years 4 months ago
- Investment, Asset Management
Goji, a UK-based technology investment platform that provides individual investors with access to private asset investments, has achieved a 50% increase in assets serviced to £1.19 billion amid growing demand for its products from global asset managers in the year ended March 31, 2021.
