Tagged: fund

April 21, 2020 @ 11:09 am By Samantha Hurst  |  

RiverNorth Marketplace Lending Corporation, an established and currently operating as a closed-end interval fund dedicated to the marketplace lending asset class, announced last week it is restructuring to expand the fund’s investment mandate, the Board of Directors of the Fund (the “Board”) has approved changes… Read More

January 22, 2020 @ 3:45 pm By Samantha Hurst  |  

The Royal Bank of Scotland recently announced it has launched a new £7 million program to help support communities and organizations across Scotland. The banking group reported that the Royal Bank 300 Fund has been set up to mark the bank’s 300th anniversary in 2027… Read More

October 25, 2019 @ 1:55 pm By Omar Faridi  |  

Galaxy Digital Asset Management, a division of the full service, digital assets merchant bank Galaxy Digital LP, is reportedly planning to introduce two new Bitcoin (BTC) funds in November 2019. Galaxy will be offering the crypto funds to accredited investors so that they can get… Read More

September 4, 2019 @ 7:57 am By Samantha Hurst  |  

Accion Venture Lab, a seed-stage investment initiative of global nonprofit Accion, announced on Wednesday the launch of its new fund that is for inclusive fintech startups.  The organization reported that it is adding $33 million to its initial capital pool, with the launch of the… Read More

August 21, 2019 @ 2:29 pm By Samantha Hurst  |  

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

November 21, 2018 @ 3:32 pm By Samantha Hurst  |  

United First Partners (UFP), an independent Research, Brokerage, Advisory, and Investment group, announced this week the launch of its new venture, UFP Fintech. According to UFP, UFP Fintech invests in early stage Fintech, Proptech, and Legaltech startups. It was reported: “Under the leadership of the… Read More

October 9, 2018 @ 6:00 pm By JD Alois  |  

Dragonfly Capital Partners has launched a new $100 million crypto fund. The team at Dragonfly is led by Alexander Pack, formerly with Bain Capital Ventures, a partner at AngelList, and a general partner investor in Polychain Capital. Pack is joined by Bo Feng, a VC… Read More

June 25, 2018 @ 7:34 am By JD Alois  |  

Fintech Blackmoon says it has “solved” the crypto challenge by creating investment solutions that combine a simple strategy, returns superior to Bitcion and low fees. Today, Blackmoon has announced the launch of three different crypto indices accessible via asset tokens on the Blackmoon platform. Blackmoon… Read More

June 1, 2018 @ 2:00 pm By JD Alois  |  

Binance, one of the largest cryptocurrency exchanges in the world, has announced a $1 billion blockchain fund to help finance crypto startups. The news was apparently revealed in an online conference yesterday that announced the establishment of a social impact fund of US$1 billion that will… Read More

April 17, 2018 @ 12:00 pm By Samantha Hurst  |  

DiversyFund, a real estate crowdfunding marketplace, announced on Monday it has launched its Commercial and Multifamily Real Estate Growth Fund. The funding portal reported that investors in this fund will own shares of a variety of real estate investments, with 80% of the fund dedicated to… Read More

April 11, 2018 @ 12:07 pm By Samantha Hurst  |  

On Wednesday, California fintech Ripple announced it invested $25 million in XRP to Blockchain Capital Parallel IV, LP, a fund that accepts capital calls in digital assets and focuses entirely on the development of the blockchain space. According to Ripple, the $150 million, which is fund managed by Blockchain Capital,… Read More

March 23, 2018 @ 3:00 pm By Samantha Hurst  |  

NFP, an insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, announced on Thursday it is launching a new venture fund focused on strategic partnerships and investments in the emerging Insurtech, Fintech and HR Tech industries. Shawn Ellis,… Read More

March 9, 2018 @ 2:02 pm By JD Alois  |  

The Future is Crypto Multicoin has just announced the backing of big name investors supporting their “thesis driven” cryptofund. The following investors have now backed this cyptocurrency firm, including; Marc Andreessen, David Sacks and Bill Lee (Craft Ventures), Chris Dixon, Compound, Vy Capital, Passport Capital, Adam Zeplain… Read More

September 12, 2017 @ 2:22 pm By Erin Hobey  |  

Members of the UK online investment platform SyndicateRoom now have the opportunity to partake in an upcoming IPO for The People’s Trust. The target for the raise is £125 million, with the company listing on London Stock Exchange and the Social Stock Exchange in October 2017. “We’re… Read More

August 2, 2017 @ 10:03 am By Samantha Hurst  |  

Emerging markets Fintech firm ID Finance announced on Wednesday it has joined forces with former Elbrus Capital fund manager, Yuri Popov, and asset management Da Vinci Capital to launch FinTech Credit Fund, which is described as a $200 million debt finance fund aimed towards fintech… Read More

June 11, 2017 @ 9:05 am By Cole Lyons  |  

Kasikorn Bank has opened up a $30 million fund to invest in to Fintech startups, thus exemplifying the banks attitude to embrace disruptive technologies. The rapid technological developments within the financial industry has opened up new dimensions in the market, changing how customers think. People… Read More

June 10, 2017 @ 10:15 am By Cole Lyons  |  

Sepaking at the recent WSJ D.Live Asia event in Hong Kong, Ping An CIO Jonathan Larsen said Ping An is launching a new fund to invest in early stage Fintech ranging from $10 million to $30 million, according to a report from Dow Jones (here)…. Read More

October 4, 2016 @ 8:22 am By Samantha Hurst  |  

On Tuesday, crowdfunding portal Crowdfunder UK announced it has teamed up with Santander to launch a £200,000 fund, called Changemaker, that is dedicated to social enterprises and community projects across the UK. According to the funding platform, the new fund is open to social enterprises, small… Read More

September 2, 2016 @ 3:37 pm By JD Alois  |  

Chicago-based RiverNorth Marketplace Lending Corporation is poised to launch a fund that will be investing in marketplace lending assets under the 40s Act as a non-listed closed end fund. According to a recent filing with the SEC, the fund anticipates that its investments will originate… Read More

July 23, 2015 @ 10:34 am By Erin Hobey  |  

Orios Venture Partners, an India-based early-stage VC firm floated by serial investor Rehan Yar Khan, announced a new US$150 million fund according to e27. The new fund (Fund II) will primarily focus on startups working in the fintech, B2B commerce, used merchandise and affordable products spaces, as well… Read More