Closing of illimity SGR’s First Fund, the “illimity Credit & Corporate Turnaround Fund,” Sells UTP Credit Positions of Over 200M Eur
- 5 years 4 weeks ago
- Fundraising News, Management
illimity SGR, the illimity Group’s asset management company created to set up and manage alternative investment funds, has completed the first closing of “illimity Credit & Corporate Turnaround” (the “Fund” or “iCCT”)—a contribution fund dedicated to investments in unlikely to pay (“UTP”) loans to SMEs with revival and relaunch prospects.
Tech Nation Selects Featurespace for Inaugural Program to Drive International Fintech Growth
- 5 years 4 weeks ago
- Security
UK technology scale-up experts Tech Nation has selected Featurespace™, the leading provider of Enterprise Financial Crime prevention software, for its inaugural Tech Nation International Growth Programme, which is part of the Digital Trade Network
Yandex.Lavka E-Grocery Service Expands to Kazan, Bets on ‘Shop Local’ Trend
- 5 years 4 weeks ago
- E-Commerce
Yandex.Lavka, the on-demand e-grocery delivery service launched by Russia’s NASDAQ-listed tech giant Yandex, announces its expansion. The service, which delivers approximately 2,500 types of essential and non-essential goods in a variety of categories, such as groceries, ready meals, hot drinks and smart Yandex devices within 10-15 minutes of receiving the order, is now available in Kazan, a city of 1.3 million in Russia’s Republic of Tatarstan.
Strata Raises Investment for Two Premium Office Assets Worth Rs. 81 Crore in Mumbai and Hyderabad
- 5 years 4 weeks ago
- Investment
In its bid to democratise commercial real estate, Strata has raised approximately Rs. 81 crore for premium commercial assets across Mumbai and Hyderabad in the last one month alone. Both assets received 100% funding within just 2-5 days of its listing. Strata today announced that it aims to raise assets worth Rs. 600 crore by the upcoming quarter – June 2021. The company thereby aims to expand its footprint across the key metro markets of Mumbai...
Investment Management Firm JM Finn Quickly and Nimbly responds to COVID-19 without business disruption
- 5 years 4 weeks ago
- Investment
Andrew Brinded, Vice President and General Manager EMEA Sales, Nutanix Speaking at the recent Nutanix Economic Advantage Summit, JM Finn detailed how Nutanix helped it to leverage a software-defined private cloud infrastructure in order to quickly deliver remote work to employees securely and in record time.
La Banque Postale Chooses Ebury to Support Its SME Customers in Their International Activities
- 5 years 4 weeks ago
- Banking
La Banque Postale has entered into a partnership with the fintech Ebury to offer its SME customers an open banking solution to support their international activities. This initiative illustrates La Banque Postale's ambition to be a major banking partner for French companies by adopting an innovative model resulting from collaboration with tech players.
NatWest Offers Businesses up to £1million of Cashflow Support to Aid Recovery
- 5 years 4 weeks ago
- Lending, Banking
NatWest has today announced that it will offer SMEs up to £1million of cashflow funding through its digital overdraft alternative Rapid Cash, as it looks to support UK SMEs as they enter the next phase of economic recovery.
EQUOS Expands Stablecoin Offering with Launch of Tether
- 5 years 4 weeks ago
- Payments, Cryptocurrencies
EQUOS, Diginex’s [Nasdaq:EQOS] institutional-grade cryptocurrency exchange, has expanded its stablecoin offering by listing Tether (USDT), providing an onramp into the EQUOS ecosystem for traders who use USDT as a base currency. Tether is well-established as the largest and most widely used stablecoin, and is currently ranked fourth largest cryptocurrency, by market capitalization. However, it has also been subject to negative media coverage...
LendInvest Partners with Credit Kudos to Streamline Underwriting through Open Banking
- 5 years 4 weeks ago
- Investment
Partnership between fintechs LendInvest and Credit Kudos will offer brokers and customers a seamless, more secure service, as well as enabling LendInvest to make more informed lending decisions through Open Banking insights.
State Street and the International Forum of Sovereign Wealth Funds Announce Research on Institutional Investor and Sovereign Wealth Fund Activity During the COVID-19 Pandemic
- 5 years 4 weeks ago
- Investment
State Street Corporation (NYSE: STT) and the International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from nearly 40 countries, today released new research
CDK Global Introduces Big Data Platform NEURON to Transform Automotive Industry Data into Valuable Insights for Dealers, OEMs and Software Developers
- 5 years 4 weeks ago
- Data
CDK Global India, a leading provider of integrated information technology and digital marketing solutions to the automotive retail industry and OEMs has introduced an open, intelligent data platform that can turn high volumes of industry information into easy-to-understand, actionable insights for dealers, OEMs and third-party software developers. Called Neuron, the platform is connected to the Fortellis Automotive Commerce Exchange, which...
Colt Establishes New Ultra-low Latency Connectivity in Thailand Providing Market Data and Managed Services at Best-in-market Latencies
- 5 years 4 weeks ago
- Data, Data Management
Colt Technology Services today announced the introduction of new ultra-low latency connectivity routes, Market Data and Managed Services in Thailand, delivering best-in-class latency speeds between Bangkok and other major capital cities in Asia.
Blackfinch Secures 12 Investment Deals Totalling More than GBP11 million Ahead of Deadline
- 5 years 4 weeks ago
- Investment
Blackfinch Ventures has completed on 12 new investment deals totalling in excess of GBP11 million ahead of the tax-year-end deadline in a move which ‘significantly increases’ the number of technology and tech-enabled companies within its portfolio. Familiar names such as Candidate.ID, Staffcircle and Kokoon make up the seven companies to have received follow on investment in totals ranging from GBP430 thousand through to GBP1.09 million.
IXOPAY Partners with Vyne
- 5 years 4 weeks ago
- Payments
The industry leading payment orchestration platform, IXOPAY has partnered with Vyne, the go-to payment provider for Open Banking. The strategic partnership will see IXOPAY and Vyne provide clients with a payment solution that enables them to connect to the most relevant payment methods for the markets they sell in. Clients will have access to “direct from account” payments from across Europe with just one connection.
ReachX Closes its First Debt Transaction on its Deal Origination Platform with Lendable and Advance Global Capital
- 5 years 4 weeks ago
- Investment, Banking
ReachX, The Investment and Corporate Finance Marketplace looking to transform Investment banking, is pleased to announce the closing of its first Debt transaction on its Deal Origination Platform.
