Tagged: credit suisse

Credit Suisse backed SME Lending Fintech Tradeplus24 Finalizes $25M Raise led by European Family Office

Credit Suisse-backed SME lending Fintech Tradeplus24 has finalized an “oversubscribed” $25 million pre-series B equity raise, which was led by a European family office with an established track record of investing in “high-growth” startups like Klarna, Delivery Hero, and Lyft. Existing investors Credit Suisse, SIX… Read More

AI enhanced Data Extraction Solution Provider Daloopa Secures $20M via Series A from Credit Suisse, Others

Credit Suisse (SWX: CSGN) has reportedly led a $20 million Series A round in Daloopa, a provider of artificial intelligence enhanced data extraction solutions to hedge fund managers, investment banks, and various other financial institutions. Based in New York, Daloopa’s tech has been designed to… Read More

Ex- Goldman Sachs Tech Executive Joanne Hannaford to Serve as Credit Suisse Chief Tech, Operations Officer

Switzerland’s banking company Credit Suisse (SWX: CSGN) has announced that ex- Goldman Sachs (NYSE:GS) technology executive Joanne Hannaford will now serve as its Chief Technology and Operations Officer. Joanne Hannaford will be replacing current COO James Walker who will be taking up a new role in the United… Read More

European IPO Activity Surging During Pandemic

European IPO activity has surged during the pandemic, data from BuyShares.co.uk shows.  In 2020 investors saw many IPOs along with outsized average returns, with total IPO deal value up 64 per cent to more than $300 billion, according to the Wall Street Journal and Dealogic…. Read More

Compliant Blockchain Infrastructure Firm Paxos Completes Same Day Stock Settlement with Credit Suisse and Instinet

Paxos to Apply for Formal Clearing Agency License from the SEC Paxos Trust Company, a compliant blockchain infrastructure provider, has completed a same-day settlement of US-listed equity trades in partnership with Instinet and Credit Suisse. Same-day settlement is colloquially known as T+0 – currently, financial… Read More

Switzerland’s Credit Suisse Is Expecting Business Activity in Wealth Management Sector to Slow Down During Q3 2020

Thomas Gottstein, CEO at Credit Suisse Group AG, a global wealth manager, says that he expects business activity in the wealth management sector to slow down during the third quarter of this year. However, he believes that overall revenue and trading will continue at the… Read More

Switzerland’s Credit Suisse to Introduce App-only Banking Services to Compete with Fintech Challengers

Credit Suisse Plans New “CSX” Digital Banking Offering Switzerland’s Credit Suisse, a global wealth manager, has revealed that it will be introducing an app-only banking service, in order to compete with challenger banks. At the end of October 2020, Credit Suisse will launch “CSX” and… Read More

Credit Suisse Adds Google Pay to Mobile Payment Offering

  Credit Suisse announced on Monday it is expanding its mobile payment options for credit card clients by offering Google Pay. Credit Suisse reported that from mid-August 2020, credit card clients in Switzerland will be able to use Google Pay in addition to existing mobile… Read More

Switzerland’s Credit Suisse, a Global Wealth Manager, to “Explore Synergies” with Brazilian Digital Bank modalmais

Switzerland-based Credit Suisse, a multinational wealth manager, investment bank and financial services firm, has made a deal with modalmais, a Brazilian digital bank. According to the terms of the agreement, the Swiss bank will purchase preferred shares that will be “equivalent to up to 35%”… Read More

Credit Suisse Asset Management’s Fintech Growth Equity Acquires NorthPoint Technology

Credit Suisse Asset Management’s Fintech growth equity division has acquired NorthPoint Technology, an asset management software and services company. The financial terms of the deal have not been shared publicly. Credit Suisse’s Next Investors group purchased NorthPoint’s software suite and technology consulting business from the… Read More

First! Paxos is Now Settling Securities Using Blockchain, First Customers are Credit Suisse and Instinet

In a first for the blockchain industry, Paxos Trust Company, a New York-regulated financial institution has launched the Paxos Settlement Service. According to a note from the firm, the service can now settle select U.S. listed equity trades between broker-dealers Credit Suisse and Instinet, LLC…. Read More

Chinese Fintech Ant Financial Is Working with Several Banks to Revive its IPO Plans: Report

Ant Financial is reportedly working with several banking institutions in order to revive its plans for conducting an initial public offering (IPO). The Fintech company’s decision to go public has come more than a year after China’s leading mobile payments firm postponed the process after… Read More

AccessFintech Partners With Citi, Credit Suisse, Goldman Sachs, & JP Morgan For Global Data Network Utilization

Fintech

AccessFintech, a UK-based fintech firm, announced on Monday it has formed a partnership with Citi, Credit Suisse, Goldman Sachs and JP Morgan. According to AccessFintech, Citi, Credit Suisse, Goldman Sachs, and J.P. Morgan have jointly launched a collaboration workflow utilizing the network to focus on… Read More

Lendable Partners With Credit Suisse to Launch Luxembourg Fund

London-based Fintech platform Lendable has reportedly teamed up with Credit Suisse to launch a new Luxembourg Fund. According to AltFi, the fund will initially provide up to £225 million of financing into the UK consumer market. The launch of the fund comes just one month… Read More

Credit Suisse Joins Forces With KLARA to Simplify Online Credit Requests for SMEs

Credit Suisse announced on Thursday it has joined forces with Swiss software provider KLARA to simplify online credit requests for SMEs. Credit Suisse reported that starting now, SMEs that use KLARA may submit online credit requests to its platform. “SMEs can thus directly submit their… Read More

OnDeck Announces Extension of Two Revolving Credit Facilities With Credit Suisse & Deutsche Bank

OnDeck (NYSE: ONDK), a small business online lending platform, announced on Wednesday extensions to its existing credit facilities with Credit Suisse and Deutsche Bank on improved terms.  According to OnDeck, the amended facilities provide an aggregate of $360 million of committed funding capacity and are… Read More

LendingUSA Secures Up To $100 Million in Debt Financing from Credit Suisse

Marketplace lending platform, LendingUSA, announced earlier this week the closing of a $50 million debt facility. Sector Financial, an affiliate of Credit Suisse provided access to the Credit Suisse debt facility, with an accordion for up to an additional $50 million. LendingUSA reported that the announcement follows… Read More

Kabbage Announces New $200 Million Asset-Backed Revolving Credit Facility With Global Financial Institution Credit Suisse

Money Benjamin Dollars 100

Kabbage Inc., a global financial services, technology and data platform serving small businesses, announced on Thursday its new $200 million asset-backed revolving credit facility with Credit Suisse, a global financial institution. This news comes less than a month after Kabbage announced it and ING were extending… Read More

Huge: Mobile Lending Company WeLab Raises $220 Million with Backing from Alibaba

One of the fastest growing Fintech’s in China has raised USD $220 million. WeLab, a Hong Kong-based mobile lending platform founded in 2013, has closed funding round of $220 million including both strategic debt and equity funding with the backing of Alibaba Hong Kong Entrepreneurs Fund,… Read More

Credit Suisse Partners with Singapore based Fintech Firm Mesitis

Credit Suisse has announced, “enhancements” to its digital private banking platform in Asia by partnering with Fintech company Mesitis Pte Ltd to provide its clients the ability to access “Canopy”, an automated account aggregation platform and reporting solution through Credit Suisse’s digital private banking platform…. Read More

Send this to a friend