Tagged: investments

October 24, 2023 @ 10:45 am By Omar Faridi  |  

Revolut, the financial super app with more than 35 million customers worldwide, added stocks of 70+ European-listed companies to its investment offering across the European Economic Area (EEA). Investment services in the EEA are “provided by Revolut Securities Europe UAB.” With Revolut, investments in European-listed… Read More

October 24, 2023 @ 7:31 am By Omar Faridi  |  

TAB, the real estate finance and investment house set to have a £500m loan book in 2024, has completed a private securitisation facility with NatWest and Atalaya Capital Management of “up to £300m to support TAB’s lending products.” Both funding partners support TAB’s commitment to… Read More

October 23, 2023 @ 8:38 pm By Omar Faridi  |  

Even as the initial hype around AI-specific stocks cools off, investors are still buying into the technology as a market-driver. New data from the latest Retail Investor Beat survey from trading and investment platform eToro finds “that one in four (26%) American investors consider digital… Read More

October 20, 2023 @ 11:22 am By Omar Faridi  |  

Netwealth, one of Australia’s specialist investment platforms, and iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced a partnership “to distribute global private market and hedge fund investments to financial advice firms and their wholesale clients across Australia.”… Read More

October 20, 2023 @ 11:12 am By Omar Faridi  |  

Skipify, a fintech company, is announcing a strategic investment from Samsung Next, an investment group within Samsung Electronics. The investment signals Skipify’s commitment “to continue improving shopper purchasing experiences both online and in-stores.” Skipify’s Connected Wallet is a digital wallet “that connects Merchants, Shoppers, and… Read More

October 18, 2023 @ 11:44 pm By Omar Faridi  |  

Mintos is pleased to announce the launch of high-yield Fractional Bonds via their platform. This offering from Mintos opens up the world of corporate bonds to their investors, “making it accessible and easy for anyone to diversify their portfolio with bonds.” Historically, bonds, especially high-yield… Read More

October 17, 2023 @ 10:50 pm By Omar Faridi  |  

The US startup ecosystem witnessed a considerable decline in venture capital (VC) funding activity “during the first three quarters (Q1-Q3) of 2023.” A total of 5,448 VC funding deals “with disclosed value worth of $89.3 billion were announced in the US during the period.” This… Read More

October 17, 2023 @ 2:59 pm By Omar Faridi  |  

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX,  announced the participation in last year’s Series B for Celestia Labs. Celestia is described as “the first modular blockchain network, meaning developers can use Celestia as a base layer for consensus and… Read More

October 17, 2023 @ 10:23 am By Omar Faridi  |  

Edinburgh-based venture capital firm Par Equity has today announced the launch of its new venture fund – Par Equity Ventures I LP. The firm has secured “a first close of £67m to boost innovative technology companies with high-growth potential in the North of England, Northern… Read More

October 17, 2023 @ 8:50 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, which is being sued by US regulators for a wide range of issues while also dealing with major operational challenges, has invested in Initia, a network designed for highly interwoven modular rollups. The platform enables… Read More

October 17, 2023 @ 6:11 am By Omar Faridi  |  

On the heels of a solid year for Stash, the fintech announced the CFO and advisor Amy Butte as its independent audit chair. The company also announces “the infusion of $40 million led by funds and accounts advised by T. Rowe Price Investment Management, Inc.,… Read More

October 16, 2023 @ 12:42 pm By Omar Faridi  |  

The month of September has shown “promising” growth on Mintos. Total investments via Mintos saw “a significant increase to €94.9 million, and interest earned by investors climbed to €4.1 million.” This upward trend was primarily “driven by the same trend we observed in August,” explained… Read More

October 16, 2023 @ 8:16 am By Omar Faridi  |  

CoinList, the crypto launchpad and exchange that provides access to  established crypto assets, has launched a family of staking funds that “allow U.S. accredited investors to earn rewards through investment in a fund whose strategy is to stake digital assets.” At launch, the funds will… Read More

October 15, 2023 @ 2:44 pm By Omar Faridi  |  

Neo contributes almost $8M HKD to nurture start-up projects and foster the development of Hong Kong’s Web3 industry. Winners from Neo’s APAC Hackathon will join “an accelerator program alongside candidates from Hong Kong’s leading Web3 developer base.” Neo, the open-source, community-driven blockchain platform where developers… Read More

October 15, 2023 @ 1:54 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced an investment through Accenture Ventures in Aliro Quantum, a provider of multi-purpose, end-to-end entanglement-based secure quantum networks. The investment will help Accenture and Aliro equip clients “with secure quantum networks that establish safe and secure data and communications.” Quantum computing uses… Read More

October 14, 2023 @ 5:55 pm By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension schemes, announces that it aims to reduce the emissions of its default growth fund by 75% by 2030. This new target swiftly follows the announcement that Smart Pension “had achieved a 50%… Read More

October 14, 2023 @ 10:35 am By Omar Faridi  |  

The European Investment Fund (EIF) and KBC Insurance have announced a new investment partnership that will see the Belgium-based Banking and Insurance Group support up to €200 million of equity investments in sustainable infrastructure projects across Europe. The deal, signed in Brussels, runs over “a… Read More

October 11, 2023 @ 8:21 am By Omar Faridi  |  

UnaFinancial, a Singapore-headquartered Fintech group (previously known as Robocash), has teamed up with Velexa, a UK-based wealthtech firm, in order to introduce a digital investing platform in the UAE. UnaFinancial and Velexa revealed that the collaboration aims to leverage Velexa’s expertise in investment tech and… Read More

October 10, 2023 @ 3:47 pm By Omar Faridi  |  

Following the success in decarbonizing the fashion industry, HeavyFinance reveals that the co-founder of pre-loved clothes marketplace Vinted, Mantas Mikuckas, invests 1M Euros in order to support the green transformation of agriculture. As noted in the update, debt capital will be “deployed to small and… Read More

October 8, 2023 @ 3:10 pm By Omar Faridi  |  

Burnt, a Web3 foundry, announces the public launch of its testnet for XION, the layer-1 blockchain built for consumer adoption. The company also announces “a prior strategic investment from Circle Ventures, the venture capital arm of Circle, a global financial technology firm and issuer of… Read More