General News

March 13, 2024 @ 12:09 pm By JD Alois  |  

Financement Participatif France (FPF), the French Crowdfunding Association, has distributed an X that highlights women’s participation in the securities crowdfunding sector. Notoriously, the VC sector has supported fewer female-founded firms than crowdfunding platforms. Recently, Financement Participatif posted a report on investment crowdfunding activity in the… Read More

March 13, 2024 @ 11:27 am By Omar Faridi  |  

IQ-EQ, a global firm focused on investor services, has appointed Romain Mifsud as Chief Commercial Officer for activities in France as well as Switzerland. With 14 years’ experience in the private market industry, Romain reportedly “specializes in private equity, real estate, private debt and securitisation.”… Read More

March 13, 2024 @ 8:19 am By Omar Faridi  |  

Starling Bank announces the appointment of Raman Bhatia as Group Chief Executive Officer. He will take over from John Mountain, who has “been acting as interim CEO since our founder Anne Boden announced she was stepping back from the role last year.” Raman is currently… Read More

March 13, 2024 @ 5:11 am By Omar Faridi  |  

SmartStream Reference Data Services (RDS), a provider of financial reference data, has announced the launch of an enhanced derivatives data service, providing in-depth insights into futures related transactions. This expansion is said to be crucial for “meeting EMIR Refit reporting requirements.” The EMIR Refit initiative… Read More

March 12, 2024 @ 10:40 pm By Omar Faridi  |  

Deloitte announced the launch of InvestAcceleration, a new suite of solutions designed specifically for the investment management industry and is an industry-specific approach to implement Workday Financial Management. InvestAcceleration, helps investment management firms “address risks and challenges, including lack of agility, complex workflows and disparate… Read More

March 12, 2024 @ 10:40 am By Omar Faridi  |  

The latest NatWest Regional PMI survey showed business activity “growing across most parts of the UK in February.” Business confidence also generally picked up amid “a more broad-based improvement in underlying demand.” Labor market trends remained more varied, however, “with firms in most areas reporting… Read More

March 12, 2024 @ 8:32 am By Omar Faridi  |  

Recruitment activity across the UK continued to weaken midway through the opening quarter of the year, according to the latest KPMG and REC, UK Report on Jobs survey, compiled by S&P Global. Ongoing economic uncertainty and hesitancy “to commit to new hires amid cost pressures… Read More

March 10, 2024 @ 1:03 pm By Tony Zerucha  |  

Green Dot Corporation (NYSE: GDOT), a digital bank and Fintech that offers consumers and businesses banking and payment solutions, this week announced the appointment of Melissa Douros as chief product officer. Douros will lead Green Dot’s product design and development team, with a focus on… Read More

March 9, 2024 @ 2:45 pm By Omar Faridi  |  

Corporate venture capital-backed deals and dollars fall to multi-year lows as CVCs shield themselves from the volatile tech market, according to a report from CBInsights. CBInsights noted in its latest update that the corporate venture capital (CVC) market has constricted “amid corporate belt-tightening and subdued… Read More

March 8, 2024 @ 1:51 pm By Omar Faridi  |  

PPRO, the local payments platform, has announced the appointment of three new senior leaders across legal and compliance: Selene Brett as Chief Legal, Risk and Compliance Officer, Marc Kuzak as Legal Director, and Massimiliano Conte as Compliance Director. Through these new appointments, PPRO is bolstering… Read More

March 7, 2024 @ 2:11 pm By JD Alois  |  

As President Joe Biden prepares to deliver the State of the Union Address when he expected to tout the successes of Bidenomics,” the reality may be slightly different according to a recent survey the federal government is failing when it comes to supporting smaller firms…. Read More

March 7, 2024 @ 8:57 am By Omar Faridi  |  

Fuel Ventures SEIS Fund says it was recently recognized as the UK’s best SEIS Investment Manager. Investments in the fund may qualify for 50% tax-relief potential. Fuel Ventures SEIS Fund has raised £187,306 from 59 investors (with 32 days left in the campaign at the… Read More

March 7, 2024 @ 8:17 am By Omar Faridi  |  

In the latest Spring Budget, the Chancellor of the Exchequer Jeremy Hunt announced that, following a highly competitive bidding process, the British Business Bank intends to award “a total of £250m under the Long-Term Investment for Technology and Science initiative.” The Chancellor also announced “the… Read More

March 5, 2024 @ 11:41 am By Omar Faridi  |  

ESProfiler, the British cybersecurity start-up, announces a £2.8 million Seed round, led by Nauta Capital. This milestone builds on the momentum from angel investments received in 2023. Founded to tackle the inefficiencies in enterprise cybersecurity investments, ESProfiler is emerging as a key player in the… Read More

March 5, 2024 @ 7:27 am By Omar Faridi  |  

Ares Management Corporation (NYSE: ARES), a global alternative investment manager, announced that funds managed by its Alternative Credit strategy have launched Ansley Park Capital, a newly-formed lending and specialty finance company “that delivers full spectrum, customized financing solutions for essential-use, large-ticket equipment.” Ansley Park’s management… Read More

March 4, 2024 @ 11:37 am By Omar Faridi  |  

Home buyers today need to make more than $106,000 to comfortably afford a home, a new Zillow (NASDAQ: Z and ZG) real estate market analysis finds. That is reportedly 80% more than in January 2020, showing how the math has changed in the real estate… Read More

March 4, 2024 @ 7:27 am By Omar Faridi  |  

Founder of Sibstar, which is a debit card and app for dementia patients and their families to safely manage their funds, has acquired £125,000 from Dragon’s Den investors Sara Davies and Deborah Maiden. The BBC reality series reportedly sees a number of budding entrepreneurs pitch… Read More

March 4, 2024 @ 7:25 am By Omar Faridi  |  

Businesses continued their positive start to the new year, Lloyds Bank’s latest Business Barometer has found. The Barometer – which measures businesses’ overall confidence “by assessing their trading prospects and optimism for the economy – found that while overall confidence dipped slightly to 42%, businesses… Read More

March 3, 2024 @ 8:34 pm By Michael Wong  |  

Despite the tightening of monetary policy by the US Federal Reserve, the banking sector in the Gulf Cooperation Council (GCC) countries experienced sustained growth in lending during the second quarter of 2023, according to a recent report by Kamco Invest. This growth was largely driven… Read More

March 3, 2024 @ 7:33 pm By Omar Faridi  |  

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, announced that Emma Hagan has been appointed CEO of ClearBank UK, and will take up the role following regulatory approval. Hagan brings a wealth of banking experience “to the role, having… Read More