Alibaba Cloud invests USD283 million to accelerate global partner innovations
- 5 years 1 month ago
- Investment, Cloud
Alibaba Cloud, the data intelligence backbone of Alibaba Group, today announced that it will invest RMB2 billion (US$283 million) during this fiscal year to empower global partners and accelerate joint innovations in the post pandemic era. The investment aims to bring its partners up to speed with digitalisation capabilities and create joint products and solutions to benefit even more customers across all sectors.
The 6th China NPL Investment and Restructuring Summit Forum
- 5 years 1 month ago
- Investment
Since the global economy and political environment are currently undergoing deep changes, IMF forecasts that Chinese economy growth in 2020 will keep falling back, and will be still at the bottom of the operating stage. In this year, three goals will be "finished", so keeping stably growth is very important, and it is expected that countercyclical policies will maintain "deterministic growth" in the uncertainty of economic environment.
Appway Announces $37 Million Investment from Summit Partners to Fuel Global Expansion
- 5 years 1 month ago
- Investment
Appway, a leading global provider of business process automation software focused on customer onboarding and customer lifecycle management for financial institutions, today announced a $37 million minority investment from global growth equity firm Summit Partners. This partnership represents Appway’s first external capital raise and will help the company to further expand its product portfolio and accelerate international growth while... more
Modern Card Issuing Leader Marqeta Valued at $4.3B in Latest Round
- 5 years 2 months ago
- Investment, Payments
Marqeta, the global modern card issuing platform, announced today that it has raised an additional $150 million in new capital from a leading institutional investor, valuing the company at $4.3 billion.
CoinDCX announces US$2.5 million strategic investment from Polychain Capital and Coinbase Ventures
- 5 years 2 months ago
- Investment, Cryptocurrencies
CoinDCX, India’s largest and safest cryptocurrency exchange, has announced that it has secured a US$2.5 million strategic investment led by Polychain Capital with support from Coinbase Ventures, the investment arm of San Francisco-based cryptocurrency giant
Freetrade closes £7m crowdfunding round that defies Covid-19 lockdown
- 5 years 2 months ago
- Covid-19, Investment, Crowdfunding
Freetrade, the smart app that makes investing easy for everyone, has defied the Covid-19 lockdown to raise £7m from more than 8,000 people. Working with Crowdcube, the company exceeded its £1 million target in just 4:33 minutes from existing shareholders before going on to raise £7m in five days. Freetrade’s fundraise is the largest equity crowdfunding campaign to be completed in the UK this year.
Freetrade raises over £4.5m in biggest equity crowdfund of 2020
- 5 years 2 months ago
- Investment, Crowdfunding
Following 500% growth in the past 12 months, Freetrade, the smart app that makes investing easy for everyone, has raised £4.5m from more than 5,000 people in just four hours. Working with Crowdcube, they exceeded the £1 million target in just 4:33 minutes and raised £3m from existing shareholders before opening the campaign to their customers. Freetrade’s fundraise is the largest equity crowdfunding campaign to be completed in the UK this year... more
Envelop Risk Announces Completion of Series A financing led by Alpha Intelligence Capital
- 5 years 2 months ago
- Investment, Data
Envelop Risk, the leading data-driven underwriting and risk analytics business, today announced a Series A investment of c. $6 million led by AI-specialist investor Alpha Intelligence Capital (“AIC”). AIC will invest as lead with additional support from existing investors including MS Amlin and Dymon Asia Ventures.
Bitcoin Halving to Attract More Investment, Says eToro's Simon Peters
- 5 years 2 months ago
- Investment, Bitcoins, Cryptocurrencies
Bitcoin, the world’s best known and arguably most successful crypto, will undergo a halving on the 12th May. According to Simon Peters, analyst at investment platform eToro, the halving could not only see the price of bitcoin rise, as it has done following previous halvings, but it could also result in a whole new brand of crypto investors. The halving, which will be the third time it has happened on bitcoin, will see the block halve from 12.5... more
TransFICC Secures New Investment From AlbionVC, ING Ventures and HSBC
- 5 years 2 months ago
- Investment
TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, has closed its Series A investment round for £5.75 million. Led by AlbionVC, it included new strategic investments from ING Ventures and HSBC. The new investors join existing shareholders, Citi, Illuminate Financial, Main Incubator (the R&D unit of Commerzbank Group) and The FinLab.
FIS Accelerates Innovation with $150 Million of New Capital for Venture Investments
- 5 years 3 months ago
- Investment
Financial technology leader FIS™ (NYSE: FIS) announced today that FIS Ventures, the newly created corporate venture investment division of FIS, has launched an effort to invest a target of $150 million in promising fintech startups over the next three years.
British Business Investments commits £10m to Startup Funding Club
- 5 years 3 months ago
- Investment, FinTech StartUps
British Business Investments Ltd, a commercial subsidiary of the British Business Bank, has announced a new commitment under its £100m Regional Angels Programme, committing £10m to Startup Funding Club Limited (SFC). The commitment will be managed by SFC and invested alongside the SFC SEIS & EIS Funds as well as the SFC Angel Network. SFC intends to deploy the commitment in over 100 early stage businesses across the UK to deliver almost £40m... more
Blue Prism Secures £100 Million in New Funding
- 5 years 3 months ago
- Investment
Blue Prism announced today it has raised £100 million from existing and new investors, placing it in a strong position in the current economic climate. The funding will be used to further strengthen and protect Blue Prism’s balance sheet during a period of uncertainty for the wider economy, while allowing continued investment in the innovation of its dedicated enterprise intelligent automation suite.
Diginex partners with Itiviti to provide NYFIX connectivity for digital asset investors
- 5 years 3 months ago
- Investment, Asset Management
Diginex, a digital asset financial services and advisory company today announced a partnership with Itiviti, a leading technology and service provider to financial institutions worldwide. This partnership has been fueled by demand from institutional investors, who wish to include digital assets in their portfolios, while utilizing resilient and scalable connectivity based on FIX; the widely recognized industry messaging standard.
British Business Investments and Par Equity to deliver £75m of investment to support ambitious entrepreneurs in the regions
- 5 years 3 months ago
- Investment, Financial
British Business Investments, a commercial subsidiary of the British Business Bank, has announced a new £15m commitment to Par Equity as the latest partner in its Regional Angels Programme. The funds from British Business Investments will be invested by Par Equity alongside the Par EIS Fund and the Par Investor Network to deliver over £75m of new funding for scale-up businesses primarily in the North of England, Scotland and Northern Ireland.
