SFOX, has a substantial $22.7 million in Series A funding led by Tribe Capital and Social Capital. The funding round also garnered the support of other well known VCs including Khosla Ventures, Blockchain Capital, Y Combinator, DHVC, Upside Partnership, SV Angel, DCG, Mark Britto, and Airbnb Co-Founder… Read More
FINBOURNE, a London-based fintech platform, announced last week it has launched its LUSID Design Council, which has five financial institutions as members. The institutions include Fidelity International, HSBC Securities Services, and Altana Wealth. Founded in 2016, FINBOURNE describes itself as a technology firm that is… Read More
Pagaya Investments, a Fintech company in the asset management space, has received $75 million in debt financing from Citi. Simultaneously, Pagaya announced the creation of the “Opportunity Fund” to meet growing institutional interest in consumer credit as an asset class. Launched in2016, Pagaya has raied… Read More
iCapital Network, a US fintech platform democratizing alternative investments for high-net-worth individuals and their advisors, acquired the US Private Equity Access Fund Platform from the Asset Management division of Deutsche Bank; earlier this year the platform had stated its acquisition plans. The transaction was completed… Read More
LendingClub announced this week it has rebranded asset management business, LC Advisors, to LendingClub Asset Management (LCAM), which is described as a firm that aims to deliver efficient access to the consumer credit asset class for institutional and high-net-worth investors. The online lender stated the rebranding… Read More
Mybit, a Switzerland-based Ethereum blockchain powered, renewable asset investment platform, announced on Monday it secured $2.8 million through its 30-day crowdsale, which ended on August 15th. According to Mybit, the platform connects investors from around the world with businesses and individuals seeking to fund revenue-generating Internet… Read More
ICONOMI, the globally licensed and regulated bitcoin exchange, announced on Friday it has named London-based Columbus Capital its first asset management partner. According to the company, Columbus Capital has been selected to main and grow three funds, comprised entirely of blockchain-based assets. The company also revealed the… Read More
On Thursday, Finnish investment and asset management company, Trevian, announced that it is teaming up with H.I.G. as the company acquires a retail portfolio in Norway. This portfolio consists of 16 predominantly grocery store anchor retail assets. Trevian will act as a local asset management… Read More
For Alquity, a $100m high-growth UK-based asset management company, the road to becoming a $1 billion fund runs through Crowdcube. The company is raising £500k via the crowdfunding platform to support its growth objective of becoming a $1 billion fund by 2019. Funds raised will be used… Read More
Independent financial advisory organization, deVere Group, which has 80,000 clients globally and more than $10 billion under advice and management, confirms that deVere Investment Strategy will be headed by Tom Elliott, a former Executive Director at JP Morgan Asset Management, who has 25 years experience in… Read More
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