Saudi Wealth Fund Targets $24B Investment in Arab States
- 2 years 11 months ago
- Investment
A sovereign wealth fund led by Saudi crown prince Mohammed Bin Salman has launched a $24bn investment fund targetting the Middle East tech sector. The fund, to be managed by the Public Investment Fund (PIF) is designed to boost the region's burgeoning tech and telecoms industries. As part of the fund launch, the PIF will establish five separate investment firms in Bahrain, Oman, Sudan, Jordan and Iraq.
Lightyear Rolls Out Shareholder Engagement and Voting for Retail Investors Across Europe
- 2 years 11 months ago
- Investment
Today, European investment platform Lightyear rolls out voting alongside in-app communication, giving shareholders and publicly traded companies a seamless way to engage with each other. This feature is a first for many countries around Europe, where this level of ownership and transparency is lacking for retail investors.
Ebury Establishes Luxembourg Branch to Bolster Proposition for Alternative Investment Funds
- 2 years 11 months ago
- Investment
Ebury, one of Europe’s largest fintechs and a global provider of transaction payment solutions, has established a branch in Luxembourg, registered under CSSF regulations to support managers in the alternative investments sector. For entities being set up in Luxembourg, Ebury provides a variety of services such as issuing certificates which are required by local regulations to prove that funds have been blocked until company formation is... more
Mastercard and Nclude Partner to Accelerate Egypt’s Fintech Ecosystem and Boost Financial Inclusion
- 2 years 11 months ago
- Investment
Mastercard has announced a strategic investment in Nclude, a fintech-focused VC investment platform launched in partnership with Egypt’s leading national banks - Banque Misr, National Bank of Egypt and Banque Du Caire - to further boost Egypt’s vibrant fintech ecosystem and support the country’s digital transformation journey. The partnership will deepen financial inclusion across Egypt by investing in promising early-and-growth-stage fintech... more
Report Finds 80% Drop in Number of New Fintech Startups as a Period of Cooling and Consolidation Kicks In
- 2 years 11 months ago
- Investment
In its latest ‘State of European FinTech’ report, fintech venture capital firm Finch Capital forecasts a period of cooling and consolidation across the FinTech sector, as macroeconomic conditions grow more challenging. However, an abundance of undeployed Growth Capital is cause for optimism for Founders and Talent to make a soft landing.
Channel Launches $300M New Fintech Lending Strategy
- 2 years 12 months ago
- Investment
Channel Capital Advisors LLP (Channel) is pleased to announce the launch of its specialist Fintech Lending Strategy, with commitments from global institutional investors. The first $100m tranche of the $300m strategy will be deployed immediately to leading fintech lenders.
Oxane Wins ‘Best Valuation Service’ at European Credit Awards 2022
- 2 years 12 months ago
- Investment
Oxane Partners ("Oxane"), a leading technology-driven solutions provider to private markets, announced that it has been adjudged as the ‘Best Valuation Service’ at the Hedgeweek & Private Equity Wire European Credit Awards 2022. This is Oxane’s second win for its valuation service in the last 12 months and overall, the tenth award win for its services and solutions.
British Patient Capital Commits €25M to Finch Capital’s Fund III
- 3 years 10 hours ago
- Investment
British Patient Capital has committed €25m to Finch Capital’s Europe Fund III, which has reached a final close.
As it Continues its Mission to Fix Deal-sourcing in VC, Ada Ventures Launches Second Fund Following £36M First Close
- 3 years 1 day ago
- Investment
Ada Ventures, the early-stage venture capital firm that invests in entrepreneurs with breakthrough ideas, who are solving society’s biggest problems, has successfully reached a £36m first close of its second fund. Ada’s fast second fund is a testament to its LP’s belief in Ada’s unique scout network that uncovers the hidden talent that will build the next generation of global companies.
Archangels Generates Up to £1.4B for Scottish Economy
- 3 years 5 days ago
- Investment
Archangels, the world’s longest continually running investment syndicate, has generated up to £1.4 billion Gross Value Added (GVA) for the Scottish economy from its investments in the life sciences and tech sectors.
Cornerstone FS plc Secures Strategic Investment from Atlantic Partners Asia (APA)
- 3 years 6 days ago
- Investment
Further to the Company’s announcement of 4 March 2022 announcing the variation of terms attached to the Convertible Loan note between the Company and Mr.
Why Investfox is the Fintech Start-up You Should be Watching in 2022?
- 3 years 1 week ago
- Investment
In recent decades, investing has become accessible to almost everyone. The growth of the Internet and other forms of technology have made it possible for people of any location and economic standing to participate in the global financial markets. The number of people who decided to become investors after the Covid-19 epidemic hit an all-time high. Newbie investors are still frequently bewildered and unsure of who or what to trust because of this.
Leading Global Bank Nomura Invests in Fnality International's DLT System to Expand it into Global Markets
- 3 years 1 week ago
- Investment
Nomura has invested in Fnality, and joined the international consortium of global banks focused on building a regulated, peer-to-peer wholesale digital asset settlement ecosystem that offers real-time, 24/7 payments and settlement of foreign exchange and securities transactions in the world’s major currencies.
Gulf Capital Capitalises on Unprecedented Growth and Unique Investment Opportunities Across the New East-West Asia Corridor
- 3 years 2 weeks ago
- Investment
Gulf Capital, a leading thematic Private Equity buyout firm operating across the GCC and Southeast Asia, predicts that the East-West Asia investment corridor will drive global economic growth for the next three decades. The GDP of the Gulf Cooperation Council (GCC) countries, the ASEAN countries, and India will grow by 220%, 270% and 410% respectively by 2050, in contrast to slower growth of 50% for the European economies and 80% for the US... more
Lightyear to Roll Out UK Stocks, European Stocks & Exchange-traded Funds Across All 20 Markets Weeks After Pan-european Launch
- 3 years 2 weeks ago
- Investment
Lightyear, the new European investment platform founded by ex-Wise Martin Sokk & Mihkel Aamer, is backed by Sir Richard Branson and Lightspeed Venture Partners. Today, the company announces a huge upgrade to the product with a range of new stocks from UK and European exchanges, as well as global ETFs.
