PayPal and Facebook to Invest in European Fintech Company
- 10 years 1 month ago
- Investment, FinTech StartUps
Peter Thiel, the fintech pioneer, Paypal co-founder and first outside investor in facebook, has made an investment in Hamburg-based Deposit Solutions GmbH, the first open architecture platform for retail deposits inEurope. His investment is an add-on to the September growth financing round led by FinLab AG, a leading German fintech investor. In total, EUR 6.5 million have been raised in this round.
Millennium Trust Releases Comprehensive Custody Solutions
- 10 years 1 month ago
- Securities Services
Millennium Trust Company announced today the launch of the Millennium Alternative Investment Network ™ (MAIN), a centralized online service dedicated to simplifying the custody of alternative investments.
Gem Makes $7.1 Million Investment in Blockchain Technology
- 10 years 1 month ago
- Investment
Gem, a leading blockchain platform provider, announces today that it has closed $7.1 million in Series A funding, led by Pelion Venture Partners and participated in by KEC Ventures, Blockchain Capital, Digital Currency Group, RRE Ventures and more. “We believe blockchain technology will transform how people and companies interact,” says Micah Winkelspecht, CEO and founder of Gem. “It will underpin entire industries and one day produce a... more
PortfolioMetrix to Expand in Ireland
- 10 years 1 month ago
- Investment
PortfolioMetrix, the next-generation discretionary investment fund management firm that blends the convenience of model portfolios with the ability to customise portfolios for individual clients, has launched in Ireland, with offices based in Dublin. The Dublin office will be offering Irish advisers and their clients Euro Portfolios. However, the expansion also offers access to Euro funds for UK based advisers with clients requiring investment... more
Intellect Design Arena to Expand in Turkey
- 10 years 1 month ago
- Investment
Intellect Design Arena Ltd, a specialist in applying true digital technologies across Banking and Insurance, today announced their entry into Turkey, reinforced with their first relationship with Tacirler Investment, the leading independent investment company licensed and regulated by the Capital Market Board of Turkey. Tacirler chose to partner with Intellect to digitize its brokerage, wealth, and treasury operations. This implementation will... more
KBC Asset Management Selected Investment Management Solution by SimCorp
- 10 years 2 months ago
- Investment, Management
SimCorp announces that it has signed a license agreement with KBC Asset Management, the largest investment manager in Belgium. KBC Asset Management manages assets of approximately EUR 205bn in funds and unit-linked life insurance and has a fund market share in Belgium of more than 35%.
Rasmala Selected Profile’s IMSplus to Enhance its Operations
- 10 years 2 months ago
- Investment, Management, Infrastructure
Profile Software, a leading financial solution provider, announced today the strategic selection of IMSplus, the award-winning investment management platform by Rasmala, a London-headquartered independent investment manager. The use of IMSplus will provide Rasmala with the operational efficiency, flexibility and competitive approach across their investment management transactions throughout their operations.
Mangrove Capital to Invests £500,000 in Infinity Wireless
- 10 years 2 months ago
- Investment
Data recovery company Infinity Wireless Limited today announced £500,000 in venture round funding, led by Mangrove Capital Partners, an early backer of Skype and Wix with additional funding from existing investors Boundary Capital Partners. As part of the investment, Mangrove Partner David Waroquier will join the board.
CVC Growth Fund’s Investment to Accelerate Kount’s Product Innovation
- 10 years 2 months ago
- Investment
Kount Inc. (“Kount”) and CVC Capital Partners (“CVC”) announced today that the CVC Growth Fund will provide an $80 million growth equity investment to Kount, a leading provider of online and mobile fraud detection and prevention solutions. The investment will enable Kount to accelerate product innovation, expand its global footprint, and enhance customer support services.
SCC Releases Cloud Delivered Managed Services
- 10 years 2 months ago
- Investment, Cloud, Infrastructure
SCC has taken a controlling stake in One Point, adding mobile voice and data capability to complete its Cloud Delivered Managed Services (CDMS) proposition. One Point becomes SCC’s third major investment in 2015 – another key milestone in the development of its CDMS portfolio following investments in Fluidata and SIPCOM earlier this year.
BNP Paribas Securities Services to Implement SimCorp's Solution
- 10 years 2 months ago
- Investment
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, announces that BNP Paribas Securities Services has implemented SimCorp Dimension to manage accounting operations on behalf of its clients.
Tyco to Expand Investment in Middle East Business
- 10 years 2 months ago
- Investment
Tyco (NYSE: TYC) today announced that it has made an additional investment in its Tyco UAE joint venture with local partner Suwaidi Engineering Group and, separately, has reached a definitive agreement to sell its fire detection and protection business in Australia to Evergreen Capital, L.P.
Rigby Private Equity to Invest in Specialist Distribution
- 10 years 2 months ago
- Investment
In a deal announced today, Rigby Private Equity (RPE), the private equity arm of Rigby Group Investments, has made a significant investment in specialist services distributor Zycko Ltd. The deal will allow Zycko to expand more aggressively throughout the EMEA region.
SimCop to Launch New Version of SimCorp Coric
- 10 years 2 months ago
- Investment, Management, Infrastructure
SimCorp, a leading provider of investment management solutions and services for the global financial services industry has released a new version of SimCorp Coric, its award-winning client communications and reporting solution. This is the second of two upgrades released in 2015.
AIMCo to Secure Recovery in MF Global
- 10 years 2 months ago
- Investment
Alberta Investment Management Corporation ("AIMCo"), on behalf of Her Majesty the Queen in Right of the Province of Alberta, is pleased to announce today that it, together with the Virginia Retirement System ("Virginia") has successfully recovered USD 204.4 million on behalf of investors in the now-defunct broker-dealer MF Global.
