Tag: investment

September 28, 2023

The Bank of England on Thursday set out a reform of capital rules for insurers to “unlock tens of billions of pounds” for investments in the economy. The Solvency II rules were inherited from the European Union and their reform […]

August 30, 2023

MoonPay Ventures aims to focus on early-stage companies looking to build Web3 experiences and drive “industry-wide value” through increased adoption of the technology. It has already made a number of investments in the space, including in companies such as BCB […]

August 24, 2023

Mateu Batle, the fintech’s CEO and co-founder, confirmed that the investment is to be applied to support its growth and expansion, which includes attracting more SMBs to the platform. This ambition will be further reinforced by the planned integration of […]

August 8, 2023

At Light Tree, in addition to renovating existing apartments and building additional units, residents now have many new amenities to enjoy including community gardens, a basketball court, play structure and a pool. In 1966, Light Tree Apartments opened in the […]

July 26, 2023

Banc of California agreed to buy PacWest Bancorp in a deal that includes a $400 million investment from Warburg Pincus and Centerbridge Partners, and gives the private-equity firms a 19% stake in the combined company. The combined company is expected […]

May 16, 2023

Warren Buffett cut his exposure to two more banks last quarter while buying new stock in Capital One (COF). The billionaire’s investment conglomerate Berkshire Hathaway (BRK-A) (BRK-B) sold $1.4 billion of its remaining holdings in custody bank Bank of New […]

April 25, 2023

New investors, including a number of angel investors, join existing investors Inovia Capital, Telstra Ventures, Acrew, Lion Capital, NBA superstar Steph Curry, and more. Formerly known as SnapCommerce, the company rebranded to Super and launched SuperCash – a cashback card […]

February 16, 2023

Despite the drop, it was still the third-best year for fintech investment ever and the second-best year for deal volume. Global fintech investment dropped by more than 50% in H2 2022 compared to H1 2022, from $119.2 billion to $44.9 […]

January 25, 2023

The total funding is made up of a mix of revolving credit facility capacity and new term loan funding. The revolving credit facility has been provided by Barclays ($100 million) and Angelo Gordon ($60 million), and the $100 million in […]

January 11, 2023

Writing on LinkedIn, the firm says that due to “challenging times” and despite its best efforts, “we were unable to overcome the market dynamics to raise additional funding”. Ruuky says the decision to file for insolvency “was not taken lightly” […]

January 3, 2023

Allegations of unauthorized trading claims present significant risks for investment brokers and brokerage firms. In addition to investor arbitration with the Financial Industry Regulatory Authority (FINRA), brokers and brokerage firms can also face U.S. Securities and Exchange Commission (SEC) investigations […]

December 15, 2022

Barclays says it arrived at the decision following “substantial interest and demand”. The move will see the bank’s Sustainable Impact Capital investment mandate increase from £175 million by 2025 to £500 million by 2027. “The success of the investments to […]

October 26, 2022

The oversubscribed round was co-led by Mendon Venture Partners and National Bank Holdings Corporation and saw participation from banking giant JP Morgan, which came in with the largest investment. Existing investor Patriot Financial Partners and new investors Discover Financial Services, […]

September 20, 2022

The fresh funding brings the total capital raised by Monese to $208 million and will be used to grow its cloud-based Platform-as-a-Service (PaaS) business. Last year, Monese launched its PaaS business in a strategic partnership with Investec, which saw the […]

August 5, 2022

Cryptocurrencies have been in news over the last few years. People have considered cryptocurrencies as a profitable investment option. Out of all cryptocurrencies, the most talked about is Bitcoin. The first half of 2022 has been bad for cryptocurrencies. Bitcoin […]

August 4, 2022

The new debt commitment follows Tabby’s $54 million Series B extension in March this year. Tabby says the investment “fortifies” its balance sheet and supports its sustained growth in transaction volumes and product expansion. It adds that it will continue […]

July 15, 2022

Since people want to invest in bitcoin for more than two years to get a higher return on investment, they know that the hacking activities are increasing, and they are looking for a secure platform or storage to store their […]

June 20, 2022

Other investors in the round include footballer Paul Pogba, who has joined Wahed as brand ambassador, and a number of family offices and institutions. The Series B round will support the start-up’s ongoing growth phase, with plans to launch an […]

June 14, 2022

With a market capitalization of $37 billion, Prudential Financial (NYSE: PRU) is one of the world’s largest asset managers and insurers. The company had over $1.6 trillion in assets under management (AUM) as of last month, with clients ranging from […]

May 25, 2022

The round saw participation from several financial institutions, including UOB; Hamilton Lane; SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET); and Krungsri Finnovate, the corporate venture capital arm of Krungsri, Bank of Ayudhya. The funding will […]