Fuse Capital Launches VC Fund Focused on Web3
- 2 years 4 months ago
- Investment
Brazil-based Fuse Capital has started raising Fuse Capital Fund II, whose central thesis will be investing in the next generation of Web 3 startups in Latin America. The initiative comes after successfully investing in blockchain and crypto startups in their first fund, whose thesis had an agnostic approach. The goal is to raise US$ 50 million.
SIP is the Most Preferred Investment Avenue Among Millennials: CASHe Survey
- 2 years 4 months ago
- Investment
CASHe, India’s leading AI-driven financial wellness platform with a mission to make financial inclusion possible for all, today released the ‘The Financially Independent Millennial’ report 2022. According to the survey, more than 43% of the respondents across the country stated they started making financial decisions independently between the ages of 21-25 years.
Leading Fintech VC Firm QED Investors Makes First Investment in Africa with a Financing Round in TeamApt
- 2 years 4 months ago
- Investment
TeamApt has just completed a financing round and brought on board one of the world’s largest fintech specialists, QED Investors. With almost $5 billion in assets under management, QED is a premier VC in the fintech space. They have invested in 27 unicorns over more than 180 portfolio companies across 14 countries.
Creades Invests SEK 102 Million in Findity
- 2 years 4 months ago
- Investment
Creades AB, a Swedish investment company, invests SEK 102 million in Findity and becomes the company's largest owner. The SEK 102 million purchase of existing shares in Findity makes Creades AB (publ) the largest owner of Findity, at 35%. Creades was founded in 2011 and is listed on Stockholm Nasdaq OMX main market. Creades invests in listed and private companies and other current holdings include Avanza, Instabox, Apotea and Mentimeter.
Entrepreneurs Need Search No Longer; New Qodeo App Provides ‘Dating-style’ Service with Funders
- 2 years 4 months ago
- Investment
A unique service which replicates popular dating apps to match start-up and young company leaders with established venture capitalists and private equity firms can now be accessed via a mobile app.
Thoma Bravo To Acquire Ping Identity For $2.8B
- 2 years 4 months ago
- Investment
Ping Identity, provider of the Intelligent Identity solution for the enterprise, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $28.50 per share in an all-cash transaction valued at an Enterprise Value of approximately $2.8 billion.
Cornerstone VC Reaches First Close of £20M Fund to Back UK Tech Start-ups Led by Diverse Teams
- 2 years 4 months ago
- Investment
Cornerstone VC, born out of black-led angel group Cornerstone Partners, has launched a £20m fund to invest in exceptional entrepreneurs in the UK from diverse backgrounds.
Portage Launches Late-Stage Portage Capital Solutions Fund
- 2 years 4 months ago
- Investment
Global fintech investor Portage announced today the launch of a late-stage, fintech-focused Portage Capital Solutions (“PCS”) Fund. Co-Heads Daniel Ballen and Devon Kirk will lead the strategy, focusing on structured opportunities in fintech and financial services companies globally and targeting investments over $50 million.
Concept Ventures Secures British Business Bank Backing to Launch £50M Pre-seed Fund ‘Built for Founders’
- 2 years 4 months ago
- Investment
Concept Ventures (Concept), formerly known as RLC Ventures, has launched an oversubscribed £50m pre-seed fund (the Fund) - including a £30m cornerstone commitment from the British Business Bank’s Enterprise Capital Funds (ECF) programme - to close the ever-increasing funding gap at pre-seed and create the largest, dedicated pre-seed fund in the UK.
OTC Markets Group Designates Invest Securities as an OTCQX Sponsor
- 2 years 5 months ago
- Investment
OTC Markets Group Inc., operator of regulated markets for 12,000 U.S. and international securities, announced that Invest Securities, a multi-expert investment services provider, has been designated as an OTCQX sponsor.
British Business Investments Commits up to €50M to Wilshire through its Managed Funds Programme
- 2 years 5 months ago
- Investment
British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, today announces a commitment of up to €25 million to Wilshire’s European Venture Capital Fund II through its Managed Funds Programme. This will be Wilshire’s second European venture capital fund of funds and will target venture capital managers that are based primarily in the UK and Germany and that invest in technology companies.
New Fintech Aims to Accelerate Access for Impact Investing in Private Markets
- 2 years 5 months ago
- Investment
Investment and product development executives Josh Hile and Marshall Dunford announced today the formation of Citizen Mint, a new impact investing platform designed to help investors generate both financial returns and positive societal and environmental impacts.
Xalles to Acquire AIgrowthHUB and Expand AI-based Solutions
- 2 years 5 months ago
- Investment
Xalles Holdings Inc., a fintech holding company providing technology and financial services solutions, will acquire AIgrowthHUB Inc. (“AIgrowthHUB”) in a share exchange agreement. AIgrowthHUB Inc. will become a wholly owned subsidiary of Xalles Technology Inc, which is a wholly owned subsidiary of Xalles Holdings Inc.
Moniflo Brings Values-based Investing to Europe
- 2 years 5 months ago
- Investment
Today, the fintech for values-based investors, Moniflo, officially launches its beta program. Moniflo gives values-driven people the tools and data they need to build wealth while making a positive impact on the world. For beginners or experts, Moniflo is the impact-led platform that focuses on transparency, letting individuals express their values, and working towards a financially and sustainably better future for all.
UK Retail Investors Stand their Ground Despite Global Sell-off with Nine in Ten Holding onto Investments or Buying the Dip
- 2 years 5 months ago
- Investment
UK retail investors are standing their ground amid global market sell-offs with more than nine in ten (95%) either holding onto their investments or ‘buying the dip’, according to the latest ‘Retail Investor Beat’, a quarterly survey of 10,000 retail investors across 14 countries, from social investment network, eToro.
