Revolut Announces Secondary Share Sale to Provide Employee Liquidity
- 2 hours 44 min ago
- Investment
Revolut, the global financial technology company with over 45 million customers worldwide, has signed agreements with a group of leading technology investors to provide liquidity to employees through a secondary share sale at a $45 billion valuation.
iBanFirst and SeedBlink Join Forces for Faster, Cost-Effective European Investments
- 4 days 4 hours ago
- Investment
iBanFirst, a leading global provider of foreign exchange and international payments for businesses, announces an innovative partnership with SeedBlink, , Europe's all-in-one equity and investment platform. The collaboration between the two European Fintechs introduces a bespoke solution for fundraising startups and their private investors, ensuring faster onboarding and access to preferential FX rates.
Standard Chartered Invests In United Fintech To Bolster Its Digital Transformation Agenda
- 1 week 1 day ago
- Investment
Standard Chartered has confirmed its investment in United Fintech Group Limited (United Fintech), a London headquartered neutral Digital Transformation platform which acquires and forms partnerships with fintech companies in the capital markets space, creating a fintech one-stop-shop to innovate with businesses through collaboration with other cutting edge technology providers for the benefit of banks, hedge funds and asset managers.
91% Of FinTech Leaders Believe Industry Investment Will Return In The Next 12 Months, Reports Silverflow
- 1 week 1 day ago
- Investment
Silverflow, a leading cloud platform for global card processing, has today released findings from a survey of fintech leaders that reports 91% of them believe that fintech investment will grow again next year.
Global Fintech Investment Falls to $51.9 Billion, but Deal Volume Offers Optimism, Says KPMG’s Pulse of Fintech
- 1 week 1 day ago
- Investment
The first six months of 2024 were challenging for the fintech market globally amid the high interest rate environment and the significant amount of global geopolitical uncertainty. Total global fintech investment—including VC, PE, and M&A deal value—fell from $62.3 billion across 2,287 deals in H2’23 to $51.9 billion across 2,255 deals in H1’24.
NatWest Acquires Metro Bank Mortgage Portfolio
- 2 weeks 6 days ago
- Investment
NatWest Group plc today announces that it has entered into an agreement with Metro Bank plc to acquire a £2.5 billion portfolio of prime UK residential mortgages, with a weighted average current loan to value of c.62%. On completion of the transaction NatWest Group expects to welcome around 10,000 customer accounts which will continue to be serviced by Metro Bank, in accordance with current arrangements, following the transfer to NatWest Group.
Curql Leads Funding Round in ModernFi to Bring the First Deposit Network to Credit Unions
- 3 weeks 1 day ago
- Investment
Curql, a collective of credit unions jointly investing in fintech, has added ModernFi to its investment portfolio. This investment marks a significant milestone in establishing the first deposit network for credit unions and as the first investment for Curql Fund II, further solidifying Curql's mission to bring relevant and competitive solutions to the credit union industry.
UniCredit Announces Investment in Vodeno and Aion Bank Acquiring
- 3 weeks 2 days ago
- Investment
UniCredit S.p.A. has today announced that it has entered into a binding agreement for the acquisition of the entire share capital of Vodeno Sp. z o.o. and Aion Bank NV/SA .
Morgan Stanley Expansion Capital Acquires Stake in Global Payments Fintech Sokin
- 3 weeks 2 days ago
- Investment
Investment funds managed by Morgan Stanley Expansion Capital have acquired a stake inthe headquartered payments business Sokin, marking an exciting new chapter for the fast-expanding fintech firm. The acquisition will provide significant capital and accelerate its product growth plans and further global expansion.
British Business Investments Commits Up to €60M to Adams Street Partners Through the Managed Funds Programme
- 3 weeks 3 days ago
- Investment
British Business Investments today announces a commitment of up to €60m to Adams Street Partners’ (“Adams Street’’) first European Venture Fund. The commitment, which is made through the Managed Funds program, will back innovative businesses across the UK and Europe. The European Venture Fund is Adams Street’s first commingled fund focused on Europe.
Meridien Holdings Acquires 27% Stake in London Fintech DKK Partners
- 4 weeks 1 day ago
- Investment
Meridien, a US holding company which specialises in the global payment, CRM and Banking Industry, has set fourth its plans to list on the NYSE. Alongside other strategic acquisitions, Meridien will acquire a 27% stake in London fintech firm DKK Partners to bolster the groups capabilities.
British Business Bank Launches Growth Guarantee Scheme to Help Smaller Businesses Access the Finance They Need to Invest and Grow
- 1 month 1 week ago
- Investment
The British Business Bank has so far accredited 41 lenders for the Growth Guarantee Scheme. Following their accreditation, each lender needs to put in place the operations required to start lending under the scheme, and they will be listed on the British Business Bank website once they are ready to start receiving applications. 20 lenders have so far confirmed they are open for applications. Further lenders are going through the accreditation... more
WhatsApp-ening with My Investments? VCs Ask Portend for Financial Health Check
- 1 month 1 week ago
- Investment
Portend launches WhatsApp integration providing accessible real-time due diligence for portfolio safeguarding with quick and easy access to simulated governance, financial auditing, communication sentiment, and financial monitoring tools in Venture, Debt, Insurance, and Sports. You might assume that with $100M’s AUM VC Investment Directors would monitor the finances of their portfolio businesses. Oddly, they don’t.
Shift4 Acquires Majority Stake of German Point-of-Sale Company Vectron Systems AG
- 2 months 4 hours ago
- Investment
Shift4, the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals. Based in Germany, Vectron has ~65,000 POS locations across Europe, representing ~€25 billion in volume opportunity with minimal payment monetization today.
Hometree Secures £250M Asset-Backed Debt Facility from Barclays for UK’s First Residential Renewable Securitisation
- 2 months 3 days ago
- Investment
Hometree, the fast-growing residential energy services company, has secured a £250m asset-backed debt facility from Barclays, which will be used to finance over 28,000 residential solar panel systems, batteries and heat pumps across the UK over the next two years.
