World Bank Invests USD 668 Million in Private Banking and Retail Investors
- 9 years 2 months ago
- Investment
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.
Santander InnoVentures to Invest in Robo-Advisory Platform SigFig
- 9 years 2 months ago
- Investment, Wealth Management, FinTech StartUps, IT Innovations
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.
e.ventures Gets New Investment
- 9 years 2 months ago
- 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
IHS Technology Analysis: Apple Invested $1 billion in Didi
- 9 years 3 months ago
- Investment
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
Idinvest and Creandum Invest $14 Miillion in Planday
- 9 years 4 months ago
- Investment, Investment Management
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.
Eight Fintech Startups Get Investment Boost from BNP Paribas
- 9 years 4 months ago
- Investment, FinTech StartUps
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.
Fidessa Launches Latest Version of Minerva OMS
- 9 years 5 months ago
- Investment, Management
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.
Linedata Unveils Latest Version of Linedata Capitalstream
- 9 years 5 months ago
- Investment, Infrastructure
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.
Kyc.com to Expand its Services in Hong Kong and Singapore
- 9 years 5 months ago
- Investment, Banking, Infrastructure
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.
Fintech Platform BrickVest Goes Live
- 9 years 5 months ago
- Investment, FinTech StartUps
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.
Vescore AG Goes Live With SimCorp’s Dimension Solution
- 9 years 6 months ago
- Investment, Management
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
AXA Strategic Ventures to Invest in Blockstream
- 9 years 6 months ago
- Securities Services, Investment
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.
Linedata Announces Release of Linedata Mobil'Ekip
- 9 years 6 months ago
- Investment, Management, Infrastructure
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.
HSBC to Invest $10.5 million in StartUp Firm CustomerMatrix
- 9 years 6 months ago
- Investment, FinTech StartUps
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
Maitland to Act as an AIFM for Fast-growing PERE Sector
- 9 years 6 months ago
- Investment, Infrastructure
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.
