Gridline Raises $9M in Capital for Growth Acceleration
- 3 years 1 month ago
- Fundraising News, Investment, Alternative Finance
Gridline has closed a $9 million funding round on the heels of launching its digital platform for alternative investments last month. This capital enables the company to accelerate growth by scaling investment, sales and marketing teams to double headcount over the next 12 months.
Manchester’s Depledge Strategic Wealth Management Achieves Exclusive CISI Accredited Financial Planning FirmTM Satus
- 3 years 1 month ago
- Investment
Manchester firm Depledge Strategic Wealth Management has become a CISI Accredited Financial Planning FirmTM. Depledge joins the exclusive list of 67 UK wide CISI Accredited Financial Planning FirmsTM (AFPFTM) which have demonstrated their professionalism by meeting the highest standards of excellence in financial planning.
Embedded Finance Network mmob Closes £5 million Seed Round
- 3 years 1 month ago
- Investment
Investment to be used for technology innovation, global expansion, and to extend market leadership mmob, the UK’s first embedded finance network has today announced the successful completion of a £5m seed round. The investment was raised from a group of angel investors including high net worth individuals and senior banking executives. mmob will use the investment to advance the development of its technology platform, enter new markets including... more
Societe Generale Securities Services Selects NeoXam to Support Its Growth in the Private Equity Market
- 3 years 1 month ago
- Investment, Financial
NeoXam will provide its investment accounting and reporting software, GP, extending an already 15+ year relationship NeoXam, a leading financial software company, announces that it has been chosen by Societe Generale Securities Services (SGSS) to provide investment and reporting software to support clients’ services of its private equity business unit.
British Patient Capital Invests in Microbiotica
- 3 years 1 month ago
- Investment
British Patient Capital has invested in Microbiotica, a personalised medicine specialist, as part of a £50m Series B funding round. The investment has been made via Future Fund: Breakthrough, our £375m programme where we co-invest with private sector investors in innovative, R&D-intensive UK companies. The round was led by Flerie Invest and Tencent, and included Cambridge Innovation Capital, IP Group and Seventure Partners.
ADDX To Appoint New CEO: Investment Banking Veteran Oi-Yee Choo Aims To Build Asia’s Largest Private Market Exchange And Record US$1 Billion In Transactions By 2023
- 3 years 1 month ago
- Investment, Banking
The mission of ADDX is to democratise private market investing – expanding access from institutions to accredited individuals, and ultimately to retail investors, she says CEO Designate Oi-Yee Choo at the ADDX head office located at Aperia Tower One, Singapore Singapore Exchange-backed private market platform ADDX has announced that Oi-Yee Choo will be appointed its Chief Executive Officer, subject to the Monetary Authority of Singapore’s (MAS... more
Social Investing App Shares Raises $40m
- 3 years 1 month ago
- Investment
After securing $40 million in Series A funding, London-based social and investing startup Shares is launching its app. The Series A was led by Peter Theil's Valar Ventures and brings Shares' total funding to $50 million in just nine months. Having built up a 60,000-strong waitlist, Shares is now available for Brits to download via the Apple Store and Google Play, promising to bring all the features users would expect from a social m
YGG SEA and IVC Commit $750K in Novel Play and Earn God Game Apeiron
- 3 years 1 month ago
- Investment, Payments
Foonie Magus, the company behind Apeiron, the world's first god-game with NFTs, has announced that it will receive $750,000 of investment from Yield Game Guilds Southeast Asia (YGG SEA) and Infinity Ventures Crypto (IVC), in a strong show of support for the metaverse's hottest new project. The two organizations will use the money to acquire their very own YGG SEA Constellation in Apeiron's SEA Mythologically-inspired galaxy, which will come with... more
Exactpro Systems secures Board of Investment status in Sri Lanka
- 3 years 1 month ago
- Investment
Obtaining BOI status demonstrates firm’s commitment to regional growth Exactpro, a leading software testing services provider for financial market infrastructures, announces today that it has obtained the Board of Investment (BOI) status in Sri Lanka, having signed an agreement marking Exactpro’s commitment to long-term investing in the country.
Juli Secures $3.8 Million for AI-powered Platform to Help Manage Chronic Conditions
- 3 years 1 month ago
- Investment
juli, the AI-powered digital health platform empowering patients and their care teams to manage complex chronic conditions, announced it has secured $3.8 million in a seed funding round. Leading the round were Speedinvest, one of Europe’s most active early-stage venture capital firms, and Norrsken VC, a fund investing in start-ups solving the world's biggest problems while building massive businesses.
Gulf Capital Accelerates Investment Pace in Egypt With Over EGP5 Billion Invested in the Country to Date and Announces New Office Opening
- 3 years 1 month ago
- Investment, Alternative Finance
Gulf Capital, a leading thematic alternative investment firm in growth markets, announced today that it has opened an office in Cairo to further seek investment opportunities in the fast-growing Egyptian and African markets. The office will be headed by seasoned investor Miray Zaki, the prior Chief Investment Officer of the Sheikh Zayed Al Nahyan Foundation and previously with the Abu Dhabi Investment Authority (ADIA), and Fady George, who joins... more
Insufficient Investment, Skills and Data Causing Significant Challenge to Global Banks and Insurers' Efforts to Quantify Cyber Risk Says ORX
- 3 years 1 month ago
- Investment, Banking, Data
Cyber is one of the top risks facing the financial services industry, but organisations are still working out the best way to quantify it, according to a report by ORX, the world’s largest association of operational risk professionals. 30 major global banks and insurers took part in the latest ORX Cyber study: ‘Cyber risk management: The journey to cyber risk quantification’, which provides insights into current practice, challenges and the... more
UK Equity Investment Hits Record High
- 3 years 1 month ago
- Investment
£14bn was invested over the first three quarters of 2021, a 130% increase on the £6.1bn invested over the same quarters in 2020. Investment in the first three quarters of 2021 exceeded the £8.7bn invested in the whole of 2020, itself a record at the time. Clean tech investment reached £572m in Q1-Q3 across 147 deals, the latter already higher than for the whole of 2020.
Equity Investment in Smaller Businesses Doubled in 2021, Finds Latest British Business Bank Research
- 3 years 1 month ago
- Investment, Banking
̶ Equity investment in smaller businesses surged 130% to £14bn in the first three quarters of 2021 relative to the same period in 2020 (£6.1bn) and on course to double compared to 2020[1] ̶ Bank lending returned to close to pre-pandemic levels, with 2021 lending down 45% from 2020
Traders Room Solution for Your Brokerage Company
- 3 years 1 month ago
- Investment
Enterprises that want to integrate high-end solutions and software into their companies are making a sensible investment that will assure their long-term market success. A smart Forex customer relationship management system will provide you and your business with a plethora of different possibilities and will aid you in centralizing all of your client information. When it comes to gaining a deeper knowledge of your consumers via detailed data,... more
