Tagged: investments

June 26, 2023 @ 7:12 am By Omar Faridi  |  

Cleareye.ai, Inc., which claims to be the provider of a “category-leading” digital trade finance solution ClearTrade, for digital automation of trade compliance and operations, today announced it has secured a strategic investment from J.P. Morgan. The ClearTrade Platform, “built to revolutionize trade finance, is a… Read More

June 23, 2023 @ 7:35 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) and KKR, a global investment firm, announced the signing of an exclusive multi-year agreement “for a €3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to €40 billion of buy now,… Read More

June 20, 2023 @ 11:04 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, which has been sued by US regulatory authorities and faces a wide range of regulatory/operational challenges, has made an investment in the five “best-performing” projects of Season 5 of its Incubation Program. More than 900… Read More

June 20, 2023 @ 11:31 am By Omar Faridi  |  

Venture capital (VC) funding activity in the US experienced a significant decline from January to May 2023. A total of 3,532 VC funding deals of worth $55.3 billion “were announced in the US during the period.” This represents “a year-on-year (YoY) decline of 36.4% in… Read More

June 19, 2023 @ 11:44 am By Omar Faridi  |  

Sylon Asesores, a registered investment advisor launches Rivium, in collaboration with Alpaca‘s advanced brokerage technology. This provides Mexican investors “with a user-friendly app that delivers a comprehensive and customized banking and investing experience.” The platform reportedly “offers diverse investment products, including individual stocks, fractional shares,… Read More

June 19, 2023 @ 9:11 am By Omar Faridi  |  

iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced the launch of iCapital Marketplace, the platform connecting wealth managers and advisors “with alternative investment opportunities offered by the world’s leading investment providers and asset managers.” Powered by its… Read More

June 18, 2023 @ 6:36 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) announced that it has committed more than $500 million in equity investments “to minority- and women-led funds, more than doubling its initial $200 million commitment.” The bank has “committed equity to more than 150 funds, which to date have invested… Read More

June 15, 2023 @ 10:52 pm By Omar Faridi  |  

Venture capital firm Menlo Ventures announced a new partner: Amy Wu. Amy joins Menlo “to grow the firm’s consumer and gaming practice and build on Menlo’s track record, which includes early investments in well-known consumer companies like Chime, Pillpack, Poshmark, Roku, Rover, Siri, Uber, and… Read More

June 15, 2023 @ 7:52 am By Omar Faridi  |  

Avaloq, a subsidiary of NEC Corporation, and BlackRock, through its Aladdin Wealth business, have formed a strategic partnership aimed at enhancing their investment technology solutions for wealth managers and private banks. As part of the strategic partnership, BlackRock is making “a minority investment in Avaloq.”… Read More

June 14, 2023 @ 6:17 am By Omar Faridi  |  

Sequoia India & Southeast Asia, the “largest” venture capital firm in the region which manages over USD 9.2 billion across 13 funds, will now be known as Peak XV Partners globally. The rebranding has “come after Sequoia Capital (US/Europe), Sequoia China and Sequoia India & Southeast… Read More

June 11, 2023 @ 7:03 pm By Omar Faridi  |  

Shares, Europe’s community-powered investment app, chooses Upvest, the Berlin-based infrastructure fintech, “to expand its investment product offering and geographical presence.” Following its successful launch and rapid growth in the UK, Shares will “bring its social investment experience to the European stage through Upvest’s Investment-API.” For… Read More

June 6, 2023 @ 7:06 am By Omar Faridi  |  

Global PayTech Ventures (GPT) announced its recent investment in Klearly, whose free app allows merchants to not only accept payments via smartphone, but also evaluate important business insights. The merchant-focused payment solution “helps European business owners operate more efficiently and provide better service to customers.”… Read More

May 30, 2023 @ 9:52 pm By Omar Faridi  |  

UrbanChain announced that it has raised a £5.25m Series A round led by global investment firm Eurazeo through its venture expertise dedicated to the Climate and Smart City space. Launched in 2017, the Manchester headquartered energy technology company “runs the a peer-to-peer (P2P) energy exchange… Read More

May 29, 2023 @ 1:26 pm By Omar Faridi  |  

The British Business Bank announced a Call for Proposals as part of the launch of the government’s Long-term Investment for Technology and Science (LIFTS) initiative. It seeks proposals from industry “for the establishment of new funds or investment structures to crowd in UK institutional investment,… Read More

May 27, 2023 @ 4:59 pm By Omar Faridi  |  

Barclays has announced that it is further developing its working capital offering by investing in and implementing Trade Ledger’s next-generation working capital orchestration platform. This new platform will “provide industry leading end-to-end credit management automation for Barclays Corporate clients in the UK and around the… Read More

May 27, 2023 @ 8:27 am By Omar Faridi  |  

SolomonEdwards, a national professional services firm, is proud to announce the acquisition of 29Bison – a human capital advisory organization for the investment community – “specializing in performing due diligence, value optimization, and pre- and post-transaction services.” 29Bison reportedly “helps companies evaluate and design the… Read More

May 26, 2023 @ 5:23 pm By Omar Faridi  |  

Bitfinex, a  digital asset trading platform, has announced a new investment in the leading Chilean crypto firm Orionx, as both companies look “to ramp up efforts to promote financial freedom and inclusion throughout Latin America.” Paolo Ardoino, CTO at Bitfinex, said: “We’re excited to collaborate… Read More

May 25, 2023 @ 8:56 pm By Omar Faridi  |  

Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, announced a $48 million Series C financing led by Avenir, a growth stage investment firm “focused on category defining, tech-enabled companies.” The investment round also “included additional participation by existing investor,… Read More

May 24, 2023 @ 10:47 pm By Omar Faridi  |  

Freemarket, a Fintech platform for regulated B2B cross-border payments and currency exchange, announced a growth capital investment from Baird Capital’s Global Private Equity Fund. The investment supports Freemarket’s “continuing fast growth and international expansion, as well as providing a partial cash-out to existing shareholders. Financial… Read More

May 23, 2023 @ 12:06 pm By Omar Faridi  |  

The team at Mintos is pleased to share the Mintos Consolidated annual report for the year 2022. The report is designed “to provide investors on Mintos and other stakeholders with insights into our performance and developments throughout the year.” The report “includes detailed financial statements,… Read More