MarketInvoice to expand access to retail investors with £6 million investment
- 10 years 2 months ago
- Investment, Retail Banking
MarketInvoice, a P2P platform for small business lending, has raised £6 million in its first round of financing as part of an effort to attract retail investors. Launched in 2011 and based in London, MarketInvoice has traded £475 million across the platform - which provides invoice-backed working capital to businesses - with £30m per month currently being raised. The £6 million investment in the firm comes from existing shareholders Northzone... more
Confluence Fortifies Its European Expansion with New Addition to its London Performance Analytics Team
- 10 years 2 months ago
- Investment, Data
Confluence, a global leader in investment data management automation for regulatory, financial and investor reporting, continues its expansion in Europe with a new addition to its London office: Katie Kiss takes the position of Director of Performance Analytics.
Intelliflo expands Wealthlink partners to include the Seven Investment Management platform
- 10 years 2 months ago
- Investment
Intelliflo has expanded its number of Wealthlink partnerships, which includes Cofunds and Zurich, to include Seven Investment Management, providing advisers with two-way integration between Intelliflo’s award winning business management system, Intelligent Office, and Seven Investment Management’s platform. Available now, the two-way integration allows users to send information between both Intelliflo’s and Seven Investment Management’s’ systems... more
ETFs Continue to Widen Growth Gap over Mutual Funds in Retail Investment Channels, According to Broadridge Financial Solutions
- 10 years 3 months ago
- Investment
Retail channels continued to drive exchange-traded fund (ETF) growth through the second quarter of 2015, increasing assets in absolute dollars by $265 billion over the past year, and outpacing the $200 billion in long-term mutual fund (LTMF) assets distributed by retail channels, according to data released today by Broadridge Financial Solutions, Inc., (NYSE:BR) via its Fund Distribution Intelligence tool.
EIB approves EUR 10 billion of new EIB loans and launches European Fund for Strategic Investments with European Commission
- 10 years 3 months ago
- Investment
New investment for strategic infrastructure across Europe and around the world, including road, rail, ports, inland waterways, and airports, were amongst nearly EUR 10 billion of new lending approved this week by the Board of Europe’s long-term lending institution, the European Investment Bank. Financing was agreed, subject to final negotiation, for a total of 45 projects, including 5 schemes expected to get support from the EU budget guarantee... more
SimCorp Calls for Entries for the Annual Excellence Awards 2015
- 10 years 3 months ago
- Investment
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has announced the call for entries for the 2015 SimCorp Excellence Awards. The SimCorp Excellence Awards recognize innovation and outstanding performance across the global investment management industry.
Milestone Group sparks African expansion with new joint venture, pControl Africa
- 10 years 3 months ago
- Investment
Milestone Group, the global provider of optimised fund processing solutions, has announced the establishment of ‘pControl Africa’. Operating from a new office in Cape Town, pControl Africa is a joint venture between Milestone Group and domestic provider Global ASP, a leader in the provision of hosted member administration and asset management solution platforms, as well as technology, consulting, disaster recovery and business continuity... more
The 2015 level of VC investment in bitcoin companies exceeded investment in 2014
- 10 years 3 months ago
- Cryptocurrencies, Investment
The recent deal that saw $20 million of venture capital invested in Amsterdam-based bitcoin mining company BitFury pushed the 2015 total to $357 million thereby overtaking the $350 million raised during 2014. The cryptocurrency has enjoyed a steep rise in capital investment in recent years. But despite the fact that investment continues to grow, figures suggest that the growth is decelerating.
SS&C’s Advent Selected as “Best Accounting System Provider” in the 2015 Waters Rankings
- 10 years 3 months ago
- Investment
SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced that its Geneva® portfolio management solution was named "Best Accounting System Provider" in the 2015 Waters Rankings. The winners were announced during a luncheon reception at The Metropolitan Club in New York City on July 16th and will be featured in the August 2015 issue of Waters magazine.
PGGM chooses SimCorp’s Data Warehouse solution
- 10 years 3 months ago
- Investment, Infrastructure
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that Dutch PGGM Vermogensbeheer B.V. (PGGM) has selected SimCorp’s Data Warehouse solution to improve operations with detailed and near-real time information on performance, analytics and benchmarks.
Fenergo to Receive Significant Investment from Insight Venture Partners to Fuel Global Growth
- 10 years 3 months ago
- Investment
Fenergo, the leading provider of Client Lifecycle Management software solutions for investment banks, capital market firms and private banks, has announced today that
Imperial Innovations gets GBP 50 million EIB backing to strengthen investment in biotech spin-offs
- 10 years 3 months ago
- Investment
Imperial Innovations Group has secured a new GBP 50 million loan from the European Investment Bank (EIB) to support investment in the UK biotech and life science sector. The new support from Europe’s long-term lending institution will be used by the leading technology commercialisation company to strengthen support for harness research ideas and turn them into commercial success.
Amazon To Invest $60 Million Funding In Indian Financial Services Marketplace BankBazaar
- 10 years 3 months ago
- Investment
Amazon has led a $60 million funding round in Indian financial services marketplace BankBazaar.
Singapore To Invest S$225m In Fintech Sector
- 10 years 3 months ago
- Investment
Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech. Monetary Authority of Singapore (MAS) managing director Ravi Menon revealed the investment (around US$167 million) in the Financial Sector Technology & Innovation (FSTI) scheme during a speech.
Linedata To Expand Lending & Leasing Services in London
- 10 years 4 months ago
- Investment
Linedata, the global solutions provider dedicated to the investment management and credit industries, is to make the “Best in Class” lending management solutions in the world market available to UK loan and leasing professionals as it opens its dedicated Lending & Leasing operations from its existing office in London.
