Assetz Capital secures £15m British Business Investments funding to help boost UK housebuilding
- 4 years 10 months ago
- Investment
Assetz Capital has become the first property-focused marketplace platform to receive funding from British Business Investments (BBI), a commercial subsidiary of the British Business Bank. The £15m commitment from British Business Investments will support in excess of £100m of new lending to smaller businesses and smaller housing developers, helping them grow as well as helping fuel the development of new homes across the UK. The funding will be... more
ING invests in blockchain-based securities lending platform
- 4 years 10 months ago
- Investment
ING has invested in securities lending platform HQLAx, which went live in December 2019. Our blockchain team developed the initial version of the HQLAx application, which uses blockchain to facilitate efficient and high-speed trading of high quality liquid assets (HQLA). Mariana Gomez de la Villa, programme director Distributed Ledger Technology at ING
OTB Ventures joins Draper Venture Network
- 4 years 10 months ago
- Investment
OTB Ventures (OTB), a leading venture capital fund specialised in investments in technology companies in Central and Eastern Europe (CEE), today joined the Draper Venture Network (DVN), a global alliance of 22 independent venture capital firms across 5 continents, with $1.6 billion in collective assets. DVN is an alliance of independent VC firms that connects leading entrepreneurs and investors around the world. The alliance will provide OTB’s... more
Klarna and Ant Financial Group announce investment to fuel global cooperation
- 4 years 10 months ago
- Investment
Klarna, a leading global payments and shopping provider, is pleased to announce that Ant Financial Services Group, owner and operator of the world’s leading payments and lifestyle platform Alipay, has taken a minority stake in Klarna, as the two companies deepen their partnership to bring more innovative and convenient financial services to consumers worldwide.
Coronavirus crisis sees UK investor buy £1m of Swiss gold by smartphone
- 4 years 10 months ago
- Investment
With gold prices jumping in February as the stock market tumbled amid the worsening coronavirus crisis, one UK investor used their smartphone to buy almost £1 million of gold in one trade, a new record for market-leader BullionVault's mobile apps. Total activity both online and by smartphone rose to its strongest since Donald Trump won the White House in November 2016, with the value of client bullion – stored and insured in each user's choice... more
TerraPay raises $9.6 million fund for company’s expansion
- 4 years 10 months ago
- Investment
Comviva, the global leader in mobility solutions, has announced its divestment of stake in TerraPay, for an undisclosed amount to a consortium of global investors.
Assetz Capital reveals minimum ISA rate needed to beat inflation
- 4 years 10 months ago
- Investment
ISA investors will need a minimum investment rate of return of 1.84% to beat inflation this ISA season, according to Assetz Capital’s indicative ISA calculator. The marketplace lender’s calculator projects how much tax investors can save when investing their ISA allowance, and whether their ISAs’ target returns are beating the current inflation rate of 1.8%.
Wells Fargo Makes Strategic Investment in DadeSystems
- 4 years 10 months ago
- Investment
DadeSystems, a leading Fintech provider of integrated receivables solutions, announced today additional funding provided by Wells Fargo Strategic Capital as part of a Series D financing round.
Investments in Singapore reach over 20% of the total on Robo.cash
- 4 years 10 months ago
- Investment
Two months ago, investors of the P2P platform Robo.cash got an opportunity to invest in the offer of a Singaporean company of Robocash Group. During this time, they have funded 2.1 mln EUR of its loans, which is just over a fifth of the total investment volume on Robo.cash.
SIX to Invest in Omniex – a Provider of an Institutional Trading Platform for Digital Assets
- 4 years 10 months ago
- Investment
Last Wednesday, SIX and Omniex signed a partnership agreement. The partnership will provide a gateway to digital exchanges (including crypto currency exchanges) and OTC market makers worldwide for SIX and its clients. This will create the basis for new business opportunities along the value chain of existing and future asset classes. The collaboration will allow clients of SIX to get a standardized and secure access to trade crypto currencies.... more
BNY Mellon successfully on-boards Liontrust to its new Investment Operations platform
- 4 years 10 months ago
- Investment
BNY Mellon has successfully on-boarded Liontrust Asset Management Plc as the first end-to-end client on its new Investment Operations platform. The new open architecture platform will improve automation and integration capabilities, and offer enhanced data management and control capabilities to institutional asset managers. The Investment Operations business encompasses the capabilities previously aligned with Middle Office Solutions, along with... more
Reuters Events announces Executives from Goldman Sachs, Blackrock and UBS to join ESG Investment Summit in London
- 4 years 10 months ago
- Investment
Reuters Events today announced the globally recognised funds that will share how they factoring ESG into their investment strategies at this year’s ESG Investments Europe Summit. The Summit will bring together more than 200 funds and the entire ESG ecosystem at the forefront of investment strategy on May 27-28th. Those taking to the stage, to publicly share their responsible investment commitments include:
Fintech Fundraising Grew Strongly in Most Major Markets in 2019, Accenture Analysis Finds
- 4 years 10 months ago
- Investment
Investment in financial technology (fintech) ventures rose sharply in most major markets in 2019, led by gains in the U.S. and U.K. and emerging economies such as India and Brazil, according to Accenture (NYSE: ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm. Despite those gains, the total value of fintech deals globally dipped 3.7%, to US$53.3 billion from US$55.3 billion in 2018, when totals were... more
OTB Ventures Launches $100 million Fund for Growth Capital Investment in Technology
- 4 years 10 months ago
- Investment, FinTech StartUps
OTB Ventures (OTB), a leading venture capital fund specialised in investments in technology companies in Central and Eastern Europe (CEE), today announces the launch of its early growth technology fund – the largest venture capital fund in CEE - with $100m in commitments from international institutional investors, including the European Investment Fund (EIF), and high-profile backers including Greg Jankilevitch.
ABN AMRO Ventures Invests in Fenergo
- 4 years 11 months ago
- Investment
ABN AMRO Ventures is investing in Dublin-based Fenergo, a provider of Client Lifecycle Management (CLM) software. The company is a proven market leader within the operational CLM, Know Your Customer (KYC), Anti Money Laundering (AML) and Client Due Diligence (CDD) space, all of which are key priorities for ABN AMRO and the financial industry in general.
