Tagged: investments

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

December 26, 2022 @ 8:33 am By Omar Faridi  |  

Quantbase has introduced an investment platform with Alpaca Broker API. Som Mohapatra, CIO and Co-founder at Quantbase, explains that the business is a YC-backed investment company that “helps makes it simple for financial companies and individuals with an audience to turn their investment research/data into an… Read More

December 21, 2022 @ 11:57 pm By Omar Faridi  |  

Investment figures and origination numbers dipped “slightly” in November, according to an update from Bondora. Investors added just shy of €14M to their accounts, Bondora revealed. And a total of just over €14M was “originated in loans across all [their] active markets.” Although they decreased,… Read More

December 20, 2022 @ 6:40 am By Omar Faridi  |  

The British P2P market continues to steadily grow, but is “facing significant competition from continental players,” according to an update from Robo.cash. Against the background of the local market isolation after Brexit and the departure of a number of major players, the British P2P market… Read More

December 19, 2022 @ 10:01 am By Omar Faridi  |  

Edison Partners, a growth equity investment firm, announced a $15 million investment in K1x, the provider of automated solutions for aggregation and packet production for the Schedule K-1 federal tax form and end-to-end tax return solutions for tax-exempt organizations. The investment closely “follows K1x’s acquisition… Read More

December 19, 2022 @ 8:26 am By Omar Faridi  |  

Talos, the premier provider of institutional digital asset trading technology, released survey findings from Coalition Greenwich revealing that US Financial Advisors (FAs) are fielding significantly “increased demand from investors for digital assets despite the current crypto winter.” Conducted in partnership with Talos, the survey reported… Read More

December 19, 2022 @ 8:25 am By Omar Faridi  |  

Acin, the global operational risk control data network, announced it has closed $24 million in Series B funding from a strategic consortium of banks, “comprised of JP Morgan, Citi, BNP Paribas, Barclays, and Lloyds Banking Group.” The investment round was also “supported by existing investors… Read More

December 17, 2022 @ 10:38 am By Omar Faridi  |  

Financial habit forming platform, Updraft, announces its latest investment round, raising another £108 million in equity and debt “to power its ambitious growth strategy and deliver savings to its fast-growing user base of 300k members.” The senior debt funding round of £100 million was “led… Read More

December 16, 2022 @ 9:17 pm By Omar Faridi  |  

STP Investment Services (STP), a global, technology-enabled, end-to-end investment operations service provider, announced it has acquired WealthSite, a firm that provides “a fully integrated and highly customized accounting, portfolio management, reporting and analytics platform to single and multi-family offices, traditional wealth advisory firms and money… Read More

December 16, 2022 @ 5:09 pm By Omar Faridi  |  

According to a new research report by quant technology provider SigTech, a majority of institutional investors “anticipate the higher volatility regime persisting and expect to generate stronger returns over the next two years compared with the past decade.” The SigTech Institutional Investors Report 2022 “surveys… Read More

December 15, 2022 @ 9:41 pm By Omar Faridi  |  

Recently, in Brussels, it was announced that the Government of Viet Nam will pursue an ambitious national effort under a Just Energy Transition Partnership (JETP) in order to ramp up renewable energy and “accelerate the phasing down of fossil fuels, alongside investment in transition-aligned jobs… Read More

December 14, 2022 @ 11:05 pm By Omar Faridi  |  

Azentio Software, a Singapore-headquartered technology firm owned by funds managed by Apax Partners, announced that National Bonds, the UAE’s Shariah-compliant savings and investment company owned by the Investment Corporation of Dubai, has “selected Azentio’s Islamic Banking solution, iMAL, to support its quest to improve process… Read More

December 14, 2022 @ 9:47 pm By Omar Faridi  |  

Coupa Software (NASDAQ: COUP), a key player focused on Business Spend Management (BSM), announced that it has entered into a definitive agreement “to be acquired by Thoma Bravo, a software investment firm.” This is “an all-cash transaction with an enterprise value of $8.0 billion.” Upon… Read More

December 14, 2022 @ 8:10 pm By Omar Faridi  |  

TOGGLE AI, the “intelligent” investing dashboard, introduced its first direct trading integration in partnership with Interactive Brokers. Interactive Brokers account holders “can now execute trades directly on the TOGGLE AI platform, while accessing the entire suite of tools offered by TOGGLE, from AI news insights… Read More

December 13, 2022 @ 1:58 pm By Omar Faridi  |  

Fund Recs announced that its Velocity platform will automate EMIR reconciliations for Neuberger Berman, a private, independent, employee-owned investment manager “with $418 billion in client assets.” Completing an EMIR trade reconciliation is “integral to having effective oversight in place on the EMIR reporting process.” Regulators… Read More

December 12, 2022 @ 11:11 pm By Omar Faridi  |  

According to Robocash analysts, traditional currency and P2P investments remain the “most promising” assets in 2023. The most “controversial” asset class this year has been cryptocurrency (or crypto-assets), the Robo.cash team wrote in a blog post. To determine the “most favorable” assets for 2023, platform… Read More

December 12, 2022 @ 8:13 am By Omar Faridi  |  

The current business environment is getting tougher with higher interest rates, rising inflation, talent crunch, and weaker supply chains while investors “are increasingly demanding profitable growth,” according to an update from GlobalData. To hedge against these shifts, startups as well as bigger corporations are “revisiting… Read More

December 8, 2022 @ 11:36 pm By Omar Faridi  |  

As the colder weather settled in, Bondora platform originations and investment figures are also “cooling.” With “a 6.4% decline in loan originations, as well as a 5.8% decline in investments.” Spain, however, continues “to increase its origination standing.” There was also “a substantial increase in… Read More