UK’s Largest Cash Deposit Fintech Raises £12M to Drive Growth
- 4 years 6 months ago
- Fund Management, Wealth Management
The venture capital arm of one of Canada's biggest pension funds is leading a £12m fundraising for a London-based fintech backed by MoneySuperMarket, the price comparison site. Sky News understands that OMERS Ventures has become a shareholder in Flagstone, a cash deposit platform which transmits money between accounts from well-known providers such as HSBC and Nationwide in search of the highest interest rates.
Applied blockchain raises £2m to enable companies to do more together while sharing less data
- 4 years 7 months ago
- Fund Management
Leading distributed solutions specialist Applied Blockchain has completed a £2 million funding round lead by Hong Kong based venture capital firm QBN Capital. The newly-injected funds will be invested in developing a platform using privacy enhancing technologies to help companies to collaborate and generate meaningful outcomes together, without having to share any of their data.
Self Raises $20M in Series C Funding to Bring Innovative Savings and Credit-Building to Millions More Americans
- 4 years 9 months ago
- Fund Management, FinTech StartUps
Self, a leading fintech startup offering people a way to build their credit while also saving money, today announced a $20 million round of Series C financing, co-led by Altos Ventures and Conductive Ventures.
43% of pension schemes are ill-equipped to report on their ESG policy
- 4 years 9 months ago
- Asset Management, Custody, Fund Management
More than two fifths (43%) of UK based trustees and pension managers do not feel properly equipped to monitor and report on their pension schemes’ ESG policy to a high standard, according to analysis from the UK pensions side of the asset servicing bank, CACEIS. From the 1st of October 2019, new UK legislation has required trustees to outline how they approach financially material factors, including ESG and climate change considerations, into... more
Maitland Grows London Business Development Team to Meet Increasing Demand from European Asset Managers
- 4 years 10 months ago
- Asset Management, Fund Management, People Moves
Maitland, the global advisory, family office and fund administration firm, has today announced two new hires as part of its continued growth across Europe. Natasha Head and Craig Rowland join as Business Development Managers based in London.
BNY Mellon announces innovative suite of services to deliver greater NAV oversight and contingency for the investment industry
- 4 years 10 months ago
- Fund Management, Investment Management, Banking
The Bank of New York Mellon Corporation (“BNY Mellon”) today announced a new suite of oversight and contingent Net Asset Value (NAV) calculation solutions to complement its existing fund accounting capabilities for clients. These new services are designed to drive greater transparency, efficiency and risk management for asset managers and asset owners. BNY Mellon’s new NAV offerings, which are platform and provider agnostic, set a new industry... more
Maven invests £2 million in high-growth FinTech provider Delio
- 5 years 3 months ago
- Investment, Fund Management
Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has invested £2 million in high-growth FinTech provider Delio Limited (“Delio”). The funding will support the business scale its international sales team across key global financial locations in Europe, Asia, the Middle East and North America.
Charities Trust Selects Appian for New Charity Portal to Distribute Over £100 Million in Donations per Annum
- 5 years 3 months ago
- Fund Management
Appian (NASDAQ: APPN) today announced that Charities Trust, a leading donations management organisation, is using the Appian Platform to accelerate delivery of transformational solutions for donations and charitable funds management. In support of its mission to “grow by giving,” Charities Trust has introduced new operational and customer service applications that leverage the development speed and enterprise power of Appian’s low-code business... more
BANKEX, Fusion Foundation to Provide Digital Funding Platform for SMEs
- 5 years 6 months ago
- Blockchain, Fund Management, Investment Management, Crowdfunding
Fusion Foundation, the non-profit open source o
BlueBay chooses Alpima to equip its sales, product and multi-asset teams for fund data
- 5 years 7 months ago
- Fund Management, Investment Management, Wealth Management
BlueBay has chosen Alpima to further equip its sales, product and multi-asset teams to intelligently visualise fund data and product characteristics across its full fixed income suite. Offered as a white-label version of its cloud-based platform, ALPIMA has worked closely with BlueBay to customise it to its exact requirements. Luc Leclercq, BlueBay’s COO, says: “We are pleased to engage with ALPIMA, whose modular and adaptive platform offers the... more
Refinitiv Automates Fund Eligibility for Wealth Managers and Financial Advisors through Eikon App
- 5 years 7 months ago
- Fund Management, Investment Management, Wealth Management
Building on its commitment to work with partners and customers across the financial community to solve key workflow challenges, Refinitiv today announced that it has onboarded a new app “Fund Eligibility” to its financial markets desktop platform Eikon, which automates the eligibility assessment governing product sales restriction. Developed by the Swiss FinTech Investment Navigator, the “Fund Eligibility” app is the latest innovation to offer... more
genesis partners with OpenFin to accelerate digital transformation in capital markets
- 5 years 11 months ago
- Buy-Side Back and Middle Office, Asset Management, Fund Management, Treasury, Wealth Management
genesis, the international capital markets software firm and OpenFin are pleased to announce their partnership, to provide clients with scalable and interoperable technology and desktop solutions, built and deployed at great speed. The partnership helps drive front to back office digital transformation projects across capital markets - from the server to the desktop - bringing together genesis’ ability for agile software development and OpenFin’... more
Olymp Capital Launches First Comprehensive European Blockchain And Crypto Asset Fund
- 6 years 2 months ago
- Fund Management
Alternative Investment Fund Manager Olymp Capital (AIF) today announces the launch of the first European investment fund to cover the entire blockchain and crypto asset ecosystem. The fund, managed by Olymp Capital, will include blockchain-related Private Equity, Initial Coin Offering (ICO) activity and a fund-of-fund activity centred on crypto hedge funds. The fund accepts investment both in fiat and crypto currencies (eg bitcoin, ether).
Esme Loans partners with Pollen Street Capital
- 6 years 4 months ago
- Fund Management
Esme Loans, the digital lending platform for SMEs and scale up businesses, today announced that it has entered into a partnership with Pollen Street Capital, a London-based private equity and credit manager, further enhancing Esme’s ability to serve UK SMEs. The partnership, through Pollen Street’s Honeycomb Investment Fund, will accelerate and expand Esme’s product offering, whilst helping Esme to achieve its strategic growth ambitions.
Launch of CoAssets Stirling Fort Absolute Return Fund (CASFAR)
- 6 years 4 months ago
- Asset Management, Fund Management
CoAssets Limited (CoAssets or the "Company") (ASX: CA8), a financial technology platform specialising in providing funding solutions for small to medium-sized enterprises (SMEs), is pleased to announce the launch of the CoAssets Stirling Fort Absolute Return Fund (CASFAR Fund or Fund) by its wholly owned Singapore based subsidiary CoAssets International Pte Ltd.
