Tagged: kkr

Germany: KKR to Acquire Majority Stake in Payments Fintech Heidelpay

KKR, a global investment firm with over $150 billion in assets under management, has an agreement to acquire a majority stake in Germany based Fintech heidelpay. The deal involved AnaCap Financial Partners which is currently the majority shareholder in heidelpay. Details on the acquisition were… Read More

Cross River Teams Up with Stripe to Provide Capital in Marketplace Economy

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, has partnered with Stripe to help those in the marketplace economy by giving them real-time access to earnings using push-to-card payments. The API-first, integrated platform aims to improve the way independent… Read More

U.S. Fintech Cross River Secures $100 Million Through Latest Funding Round Led By KKR

U.S. fintech Cross River announced on Thursday it secured $100 million through its latest funding round, which was led by KKR, with participation from CreditEase and Lion Tree Partners, Battery Ventures, Andreessen Horowitz and Ribbit Capital. Founded in 2008, Cross River stated it combines innovative technologies with… Read More

EquityMultiple CEO Charles Clinton Highlights Real Estate Opportunities & Disruption, Reflections on 2017, Predictions for 2018… But Not the Secrets to the Platform’s Success

CEO Charles Clinton and CIO Marious Sjulsen co-founded EquityMultiple with a shared vision of transforming real estate investing through tech and by providing new access to private transactions while streamlining the investment process. With a mission committed to transparency, rigorous underwriting, and investor support, EquityMultiple is backed by the… Read More

KKR / Victory Park Capital Lead $175 Million Securitization of Avant Consumer Loans

Victory Park Capital (VPC) and KKR have announced a $175 million asset-backed securitization of unsecured consumer loans originated via Avant, a direct lending platform. The securitization was priced on Nov. 13. The transaction pairing KKR and VPC is a first. According to company representatives, the… Read More

Marketplace Lending Platform Avant Closes $139M Asset-Backed Securitization Led by Jefferies; Secures $200M Credit Facility Led by J.P. Morgan & Credit Suisse

Marketplace lending platform, Avant, announced on Thursday that two newly secured transactions totaling $339 million in debt financing. These recently minted deals bring Avant’s funding total to $1.1 billion in debt financing, $334 million in equity financing and $400 million raised through the Avant Institutional… Read More

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