Quona Capital Announces $332M Fintech Venture Fund to Accelerate Financial Inclusion Investments in Emerging Markets
- 2 years 1 month ago
- Investment
Emerging markets venture capital firm Quona Capital today announced the final close of its Fund III at $332 million, significantly exceeding its $250 million target. This is the third fund from Quona Capital since its inception, bringing the firm’s aggregate committed capital to over $745 million.
British Business Investments Commits up to £15M to Science Creates Ventures
- 2 years 1 month ago
- Investment
British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, today announces a commitment of up to £15m to Science Creates Ventures (SCV) through the Regional Angels Programme. The majority of this commitment will be allocated to invest alongside SCV Fund 2, while a smaller portion of the commitment will be used for co-investments through the existing SCV EIS Fund (SCV Fund 1).
Capital.com Signs Strategic Agreement with Refinitiv to Accelerate Sustainable Investing Among Retail Investors
- 2 years 1 month ago
- Investment
High-growth European investment trading platform, Capital.com, today announced a strategic agreement with Refinitiv, an (LSEG) London Stock Exchange Group Business, to provide investors and traders with environmental, social and governance (ESG) data. With this agreement, traders can directly access ESG scores and financial data from the Capital.com platform to help them make sustainable investment and trading decisions.
Two-thirds of Consumers will Happily Invest or Save Money Through a Company that isn’t a Bank, New Survey by additiv Reveals
- 2 years 1 month ago
- Investment
additiv, a leading embedded finance provider, today publishes the results of a recent survey in a new, in-depth report: Understanding the Embedded Finance Opportunity – Consumer study 2022. For the survey, over 3,500 consumers, across multiple countries and demographics, were interviewed and a list of compelling insights was identified, including:
Calculus Bolsters Senior Team with New Investment Director
- 2 years 1 month ago
- Investment
Calculus, a leading provider of tax-efficient investments, today announces the appointment of Elizabeth Klein as Investment Director starting today (31st October 2022). Ms. Klein is a seasoned investment management, direct investment, and deal origination, expert. She will help lead Calculus with its strategy to build diversified portfolios, utilising her network and relationships to generate deal flow, predominantly in the Life Sciences sector.
Saudi Wealth Fund Targets $24B Investment in Arab States
- 2 years 1 month 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 1 month 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 2 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 2 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 2 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 2 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 2 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
- 2 years 2 months 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
- 2 years 2 months 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
- 2 years 2 months 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.
