Virgin Money Adds Pension Capability to FNZ Platform
- 1 year 2 weeks ago
- Investment
Virgin Money has announced the launch of a new pension offering, enhancing its digital platform and further extending its partnership with FNZ. The innovative digital investment solution was initially launched in April 2023, and aimed to make investments more accessible, straightforward and transparent for UK retail investors.
EIB Signs Up to €35Million Loan Agreement with Exeger for Scale-up of Cutting-edge Solar Cell technology
- 1 year 2 weeks ago
- Investment
The European Investment Bank (EIB) has signed a loan agreement of up to €35 million with the Swedish clean tech company, Exeger, which manufactures the ground-breaking solar cell technology Powerfoyle. The operation is backed by InvestEU, the financing instrument designed to support more than €372 billion in additional investment toward EU policy priorities in the period between 2021 and 2027.
European Retail Investors Signal Bearish Sentiment on DAX 40
- 1 year 3 weeks ago
- Investment
Spectrum Markets (“Spectrum”), the pan-European trading venue for securitized derivatives, has published its SERIX sentiment data for European retail investors for November, revealing a sharp decline in sentiment towards the German DAX 40 index, reaching 93 points this November, its lowest point in the past two years. The benchmark index DAX 40 comprises the 40 largest German stocks listed on the Frankfurt Stock Exchange.
Citi Leads Strategic Investment Round in Colombian Fintech Supra
- 1 year 3 weeks ago
- Investment
Citi has led a strategic investment round in Supra. Far Out Ventures and H20 Capital also participated in the financing round. Supra is a Colombian fintech that enables cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) that participate in import and export activities.
European Investors Start Making Bold Moves
- 1 year 3 weeks ago
- Investment
European household assets have grown by 51% over the past 10 years. By the end of H1 2023, they totaled €34.08 trillion. This is approximately €93k per citizen aged 18+ compared to €62k a decade earlier.
Confluence Announces Partnership with Manaos to Provide SFDR Reporting Solution
- 1 year 3 weeks ago
- Investment
Confluence Technologies, Inc., a global technology solutions provider helping the investment management industry solve complex investment data challenges, today announced a partnership with Manaos, a modular platform built to simplify how institutional investors centralize portfolio data, connect ESG information, and report on the sustainability of their investment.
Eurobank Asset Management MFMC Invests in Mintus
- 1 year 1 month ago
- Investment
Mintus Global Limited (Mintus), announces that Eurobank Asset Management MFMC (Eurobank Asset Management), a 100% owned subsidiary of Eurobank S.A. (Eurobank) has acquired a minority stake in Mintus Global Limited (Mintus). This investment will trigger further collaboration between the parties in the field of alternative investment asset categories.
UK’s Energy Supply Needs Over £900 Billion Investment to Reach Net Zero by 2050
- 1 year 1 month ago
- Investment
The UK’s energy supply could require more than £900 billion in capital expenditure to achieve net zero by 20501, opening up a significant opportunity for public and private capital in enabling a successful transition, according to a new report published by NatWest and Boston Consulting Group (BCG) today.
Citi Expands Its Payments Innovation Toolkit with Investment in Icon Solutions
- 1 year 1 month ago
- Investment, Payments
Citi Treasury and Trade Solutions (TTS), within Citi’s Services organisation, has made an investment in
British Patient Capital Invests £5.5m in Pragmatic Semiconductor
- 1 year 1 month ago
- Investment
British Patient Capital has made a £5.5 million investment into Pragmatic Semiconductor, a Cambridge-based designer and manufacturer of semiconductors, as part of a £162m first close of its Series D funding round, with a second close to follow.
Mercurity Fintech Holding Inc. Announces $6 Million Private Placement Financing
- 1 year 1 month ago
- Investment
Mercurity Fintech Holding Inc., a digital fintech group, is pleased to announce that on November 30, 2023, it priced a private investment in public equity (“PIPE”) offering, through which it sold an aggregate of 14,251,781 units of its securities, each consisting of one (1) ordinary share and three (3) warrants, to one non-U.S. institutional investor at an offering price of $0.421 per unit, for the gross proceeds of $6 million (the "Gross... more
Mayfair Group Investment to Develop New State of the Art, Purpose-built Medical Centre in Leeds Following £3M Loan from OakNorth
- 1 year 1 month ago
- Investment
OakNorth, the neobank for entrepreneurs, by entrepreneurs, has provided a £3m loan to Mayfair Group Investment, a leading developer, investor, and manager of healthcare, commercial, and residential property.
Lightyear Bolsters U.S. Instrument Features with Triple Launch of Stop Orders, Swift Payments and New Stocks
- 1 year 1 month ago
- Investment
Today, investment platform Lightyear announces the addition of stop loss to its order types, a feature requested by 60% of investors on the platform, according to a survey of nearly 600 users. This comes alongside the launch of both SWIFT payments for USD, and 400 new U.S.
N26 to Offer Stocks and ETFs Investments via Upvest’s Investment API
- 1 year 1 month ago
- Investment
N26, Germany’s leading digital bank, has partnered with the infrastructure fintech Upvest to deliver its planned investment offer. N26's end-customers will have the ability to trade stocks and ETFs directly within the N26 app, to grow their wealth and achieve their financial goals with ease and convenience, with Upvest as the technological backbone.
Just 39% of Brits Happy with Return Their Money’s Making, as Wise and Kia Commodore Join Forces to Wake Up Lazy Money
- 1 year 1 month ago
- Investment
Brits are suffering from the scourge of ‘Lazy Money’, according to new research by Wise, the international money account. A Censuswide poll of 2,000 UK adults nationwide found that only 39% of us are happy with the return our money is making. This is unsurprising, given so much money is being allowed to rest: 30% of us hold the majority of our savings in current accounts that pay little-to-no return.