Tagged: investments

February 4, 2023 @ 11:17 am By Omar Faridi  |  

Opportunity International, a global nonprofit, today announced the successful completion of its three-year Waymaker Campaign, “raising $101 million of philanthropic capital that will leverage over $1 billion in social impact funding from local banks and financial institutions to provide loans, investments and wraparound services to… Read More

February 2, 2023 @ 8:49 pm By Omar Faridi  |  

MNT-Halan, Egypt’s “fastest growing” fintech ecosystem, announced that Chimera Abu Dhabi has invested more than $200 million in equity in exchange for over 20% of the company. In addition, the company claims it is “in advanced stages with leading international investors to raise $60 million… Read More

February 1, 2023 @ 8:20 am By Omar Faridi  |  

TransUnion (NYSE: TRU) has announced a strategic investment in Bud Financial Limited, a key player focused on Open Banking and data intelligence. This dynamic partnership will “help drive innovation and growth in the personal finance market and support better outcomes for consumers, with greater financial… Read More

January 31, 2023 @ 9:06 am By Omar Faridi  |  

Yield App has acquired Trofi Group, a platform that offers structured product solutions for cryptocurrencies, in response “to growing investor demand for enhanced yield investment opportunities.” The acquisition adds four new structured product strategies “to Yield App’s product suite that offer the opportunity to capture… Read More

January 30, 2023 @ 8:41 am By Omar Faridi  |  

In 2022, EstateGuru reportedly saw €183.0M worth of loans on ther platform (10% less than in 2021), with €11.8M produced in December. Estonia was “the best performing market in terms of volume, in December (€5,3M), and also in 2022 overall (€69.2).” Finland followed “with €2.2M… Read More

January 29, 2023 @ 6:20 pm By Omar Faridi  |  

Lloyds Banking Group has invested £4 million in Caura, an all-in-one motoring app designed to take the hassle out of car ownership. Caura for iOS and Android “provides a single, highly intuitive interface for all driving related payments.” It serves “the 30 million motorists in… Read More

January 26, 2023 @ 11:32 pm By Omar Faridi  |  

Neighborhood Ventures, which claims to one of the country’s largest real estate crowdfunding companies, announced the launch of NV REIT, its first nationwide offering which provides “a unique real estate investment opportunity to accredited and non-accredited, individual investors of all income levels.” Previously, participation in… Read More

January 12, 2023 @ 11:42 am By Omar Faridi  |  

Republic Capital Group, an investment banking firm specializing in the RIA, asset and wealth management, and securities-related industries, acknowledges its client, Parallel Advisors, on its acquisition of AUTUS Asset Management and substantial investment from Golden Gate Capital, a private equity investment firm. In connection with… Read More

January 12, 2023 @ 9:57 am By Omar Faridi  |  

The team at Bondora notes that 2022 ended strong “with impressive numbers across [their] portfolios.” December reportedly had “the highest loan originations and investment figures, over €1M in recoveries, and more.” In December, 1,500 new investors joined Bondora. Investors have “earned more than €88M in… Read More

January 10, 2023 @ 11:47 pm By Omar Faridi  |  

BNP Paribas announces a strategic investment in AccessFintech, which claims to be a leading fintech company “evolving the capital markets’ operating model through data and workflow collaboration.” The investment is being “made by BNP Paribas’s Securities Services unit, the bank’s post-trade arm.” It will “enable… Read More

January 10, 2023 @ 8:52 pm By Omar Faridi  |  

TMX Group Limited announced that it has made a strategic investment in VettaFi Holdings LLC, a US-based, privately owned data, analytics, indexing, digital distribution, and thought leadership company. VettaFi cultivates a data-driven platform, “built to empower and educate the modern financial advisor, asset manager and… Read More

January 9, 2023 @ 10:18 am By Omar Faridi  |  

The European P2P market is expected to lower its growth in 2023 “as financial institutions grapple with inflation,” according to an update from Robo.cash. Robocash analysts see several possible scenarios for the European P2P market development in 2023. The baseline scenario “implies that the market… Read More

January 4, 2023 @ 10:10 pm By Omar Faridi  |  

Yieldstreet notes that in this challenging market environment, where stocks and bonds have been largely underperforming, investors “may be looking to allocate their capital to assets with little correlation to public markets.” Yieldstreet points out that one of the most, if not the most, uncorrelated… Read More

January 4, 2023 @ 11:45 am By Omar Faridi  |  

In 2022, PeerBerry investors “funded EUR 537.5 million in loans.” In total, during the entire period of PeerBerry’s activity (within 5 years of the platform’s operation), PeerBerry’s investors “funded EUR 1.5 billion in loans.” According to the monthly volume of funded loans, PeerBerry claims it… Read More

January 3, 2023 @ 9:29 am By Omar Faridi  |  

The Bitcoin market has evolved “dramatically” since its launch in 2009, according to an update from Kraken. The team at Kraken notes that what was once an “intimately small” group of tech enthusiasts has grown into a global community of investors. Some 40 million crypto… Read More

January 1, 2023 @ 5:13 pm By Omar Faridi  |  

C6 Bank has again expanded the investment options available to its clients. Now, there are reportedly more than 500 funds listed on C6 Invest, the investment platform that is within the bank’s application. Among the options “are fixed income, equity, multimarket, currency and crypto funds,… Read More

December 31, 2022 @ 2:48 pm By Omar Faridi  |  

Bondora notes that they aim to keep their portfolio in “top shape’ and generate continuous positive returns for investors. That’s why they’ve sold yet another batch of old defaulted loans in Estonia. However, the system update after this sale “caused a temporary reporting hitch that… Read More

December 30, 2022 @ 8:22 am By Omar Faridi  |  

There are four “over-riding” investment themes that investors will be watching and positioning for in 2023 in order to build their wealth, says the CEO and founder of an independent financial advisory, asset management and fintech organization. Nigel Green of deVere Group’s recently commented on… Read More

December 30, 2022 @ 8:18 am By Omar Faridi  |  

EstateGuru reports that in November 2022, the Estonian market “produced €5.4M worth of loans, followed by Lithuania with €3,2M and Finland with €2.1M.” In November of this year, the total financed amount “was €13.2M.” EstateGuru’s core markets “performed as expected, despite the holiday season having… Read More

December 29, 2022 @ 8:45 pm By Omar Faridi  |  

Puneet Maheshwari, Director at Upstox, which supports powerful investing and trading made simple, and claims to be trusted by Indian consumers, reveals that Upstox is “an online trading app for Demat Account, Share Market, MF, IPO with 10 million+ customers.” Backed by Ratan Tata and… Read More