TheGuardian

SEPTEMBER 12, 2022

FCA orders fund’s administrator, Link, to ringfence sum as part of conditions related to its takeover The administrator of the failed fund run by the former star stock-picker Neil Woodford could be forced to pay investors up to £306m in compensation, the City regulator has said.

Software 82

Software Regulation Company 82

TheGuardian

JULY 8, 2020

£380bn in backing comes despite calls by scientists for large reductions in meat consumption to help avoid climate crisis Banks, investors and pension funds have poured billions into the world’s largest meat and dairy companies over the past five years, a new report has found.

Industry 113

Industry System Report Company 113

BankInovation

MAY 21, 2021

Two companies with valuations in the billions attracted investor interest this week. The latest Bank Automation News funding wrap includes one buy now pay later (BNPL) tech firm that has a unique partnership with Barclays US and another fintech that is breaking ground as a trading platform for recurring revenues.

Fintech 98

Fintech Capital US Technology 98

PYMNTS

OCTOBER 25, 2018

25) that it has landed a $50 million investment from investors, including Amazon. In a press release , tado° said other investors participating in the round of fundraising include E.ON, Total Energy Ventures, Energy Innovation Capital, Inven Capital, the European Investment Bank and others.

Capital 122

Capital Marketing Management Innovation 122

BankInovation

MAY 14, 2021

Open banking fintechs and robotic process automation (RPA) firms continue to draw investor interest. This week’s funding rounds saw venture capital pouring into banking-as-a-service platforms and startups that aim to bring API-based data sharing to corporate treasury departments.

Fintech 75

Fintech Tools Capital Data 75

PYMNTS

JUNE 28, 2017

Following on on the heels of Brexit, hedge funds are not too optimistic about Britain’s high street retailers. As evidence of this, hedge funds saw shares of Debenham’s decrease three percent, which is the lowest it has traded in eight years. Analysts and investors are expecting to see further weakness in the stock market.

Retail 100

Retail Marketing Company 100

PYMNTS

AUGUST 12, 2019

Naspers led the Series D funding round and was joined by existing investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway. Bangalore-based social commerce startup Meesho has raised $125 million to expand its eCommerce business in India, TechCrunch reported on Monday (Aug.

social media 100

social media Community Capital Retail 100

Payments Source

SEPTEMBER 16, 2019

Goldman Sachs, Elevar Equity and QED Investors are among institutions financing Mexican lenders that fund SMEs.

Lending 82

Lending Payments 82

PYMNTS

NOVEMBER 13, 2019

technology investor Coatue Management, Afterpay announced in a press release on Wednesday (Nov. The new funds will be earmarked for global platform expansion. Australian buy-now, pay-later platform Afterpay Touch notched $200 million from U.S. Coatue will acquire new Afterpay shares at $28.50, representing a 2.4 12) of $29.19

US 102

US Retail Analytics Data 102

PYMNTS

OCTOBER 27, 2017

In a bit of a mixed bag for B2B FinTech venture capital (VC), investment backers stayed fairly quiet this week, racking up nearly $90 million in funding. But, while small and medium-sized businesses (SMBs) in financial services landed only minor funding rounds, investors’ interest in the space shouldn’t be ignored.

Samsung 100

Samsung Capital Security Analytics 100

PopularBank

OCTOBER 13, 2020

$100M Fund to Economically Empower Black and Latinx Business Owners. NASDAQ: BPOP) and one of the nation’s premier banks, has been named a seed investor for the Newark 40 Acres and a Mule Fund (NWK FAM Fund). NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey.

New Jersey 52

New Jersey Community NJ New York 52

The Paypers

FEBRUARY 21, 2024

UK-based Napier AI , a regtech specialising in financial crime compliance, has received a significant investment from Crestline Investors , a US-based institutional alternative asset manager.

Security 36

Security Compliance US Management 36

Bank Innovation

JULY 13, 2017

The micro-investing startup will be enhancing its platforms as well as building out new products and services thanks to the Series C round of funding it announced today. New platform, new services, new data analytics, but same old Stash. What it won’t be doing with the influx of $40 million in fresh capital (bringing its […].

Analytics 210

Analytics Capital Data Millennials 210

CB Insights

JULY 21, 2021

More money is flowing into blockchain tech than ever before, with investors pouring a record-breaking $7B+ into the space in H1’21 — soaring past the previous full-year record from 2018. The post Blockchain Funding Hit An All-Time High In H1’21. download our best of blockchain research. Phone number.

blockchain 66

blockchain Industry Report Company 66

Payments Dive

MARCH 14, 2022

The frictionless checkout technology provider plans to use the funds, which it raised from investors including Aldi South Group, to expand its technical staff and more quickly put its gear into grocery stores, sports venues and universities.

Groups 259

Groups Technology 259

South State Correspondent

FEBRUARY 8, 2023

However, for bankers, the critical maturities, in our opinion, are short-term rates (Fed Funds or SOFR) and the 10-year Treasury rate. Investors expect short-term rates to average the long-term rate over the maturity period. Over this 30-year period, the ten-year yield is, on average, 1.57% higher than the Fed Funds rate.

Community Bank 195

Community Bank Community Risk Management Strategy 195

Bank Innovation

APRIL 8, 2020

Fintechs will likely have a tough time securing funding as the coronavirus pandemic continues to shake up the U.S. economy, prompting investors to tighten purse strings.

Fintech 359

Fintech Security Industry Innovation Strategies 359

Bank Innovation

JANUARY 16, 2019

The funding round, announced Monday, comes at a time when the corporate payments space has yet to attract as much attention as consumer payments, where names […]. Corporate payments startup AccessPay, based in Manchester, England, landed an investment of $11.5 million (£9 million) led by U.S.

Payments 170

Payments Capital Innovation 170

Bank Innovation

FEBRUARY 25, 2020

LenderClose, a platform that consolidates data sets for loan underwriters, is using a new round of funding to more than double its team by the end of the year. The company announced the round last week, and although it is still finalizing the amount with investors, founder and CEO Omar Jordan estimated the funding at […].

Data 335

Data Company Lending 335

PYMNTS

OCTOBER 29, 2020

Ant Group’s pending IPO could spell a multibillion-dollar payday for a small and elite group of foreign investors, who bought a stake in the giant Chinese FinTech two years ago, The Wall Street Journal reports. A trio of top mutual fund managers – Fidelity Investments, Rowe Price Group Inc. All told, the foreign investors pumped $10.3

Groups 266

Groups Report Capital Management 266

BankInovation

APRIL 29, 2024

Fintech funding hit a four-year low in the first quarter of 2024, partly driven by the higher cost of capital and a change in priorities for investors. Global fintech funding clocked in at $7.3 billion in Q1, down 54% year over year, while the number of deals completed fell to 904, down by 28% […]

Fintech 66

Fintech Capital Management Payments 66

American Banker

SEPTEMBER 14, 2023

The Jacksonville, Florida, company has hired a pair of prominent industry experts to lead a new division tasked with serving investment funds. Despite an industrywide rough patch, EverBank still sees promise in the niche business line.

Jacksonville 53

Jacksonville Florida Industry Company 53

PYMNTS

OCTOBER 9, 2020

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. PYMNTS rounds up the latest funding rounds below. The big B2B investment of the week was Tipalti , which landed $150 million in new funding on a $2 billion valuation.

Compliance 267

Compliance Payments Fintech Capital 267

TheGuardian

MARCH 15, 2023

Saudi National Bank says it cannot stump up more cash because of regulatory restrictions Credit Suisse shares have plunged more than 20% to record lows after its largest shareholder, Saudi National Bank (SNB), said it would not be able to stump up more cash for the beleaguered Swiss bank because of regulatory restrictions.

National 77

National 77

PYMNTS

NOVEMBER 13, 2020

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. million in new funding for U.K. million in new funding for U.K.-based The company secured the funding from an unnamed angel investor, reports said.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

DECEMBER 2, 2020

Silicon Valley FinTech startup Step has raised $50 million in a Series B funding round, the company announced Wednesday (Dec. The funding round was led by new investor Coatue Management, a slew of celebrity backers and Big Tech executives. To date, Step has raised more than $75 million from investors, including $22.5

Fintech 217

Fintech FDIC Resources Management 217

PYMNTS

APRIL 10, 2020

After having notched more than $110 million in equity funding in the past, India’s Capital Float has received a top-off of $4.8 million from current investors. billion in funds throughout consumer and SME verticals. billion in overall funding. The funding marked the sixth round of BlueOrchards’ investment in Aye Finance.

Capital 230

Capital Lending Fintech Meeting 230

PYMNTS

JUNE 26, 2020

Human resources and payroll technology startup Humi announced an $11 million funding round this week, according to BetaKit reports. Made up of equity and debt, the investment was led by Tribe Capital, and existing backers Struck Capital, Y Combinator and angel investors also participated in the Series A investment. Aye Finance.

Capital 288

Capital Lending Cards United States 288

PYMNTS

NOVEMBER 4, 2020

According to the release, the crimes took place between August 2017 and May 2019, at which time Fagundes and other defendants solicited funds from prospective investors online, sometimes using the phone to do so as well, promising innovative investment opportunities in cryptocurrency.

Fraud 234

Fraud cryptocurrency Regulation Operations 234

BankInovation

FEBRUARY 11, 2021

Several startups received a capital boost this week as investors funnelled millions of dollars into technology that automates and streamlines traditionally laborious manual processes. The startups’ technologies span digital banking platforms, SMB underwriting, corporate payments and consumer credit.

Miami 98

Miami Digital Banking Tools Capital 98

PYMNTS

OCTOBER 12, 2020

In its latest IPO move, Ant Group is looking to turn millions of its Alipay users into investors, The Wall Street Journal reported. To buy into Hangzhou-based Ant Group’s IPO, investors put their cash into five new mutual funds — sold on Ant’s payments platform — that raised $8.96

Groups 205

Groups Operations Online Fintech 205

PYMNTS

JANUARY 22, 2021

But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump. Angel investors provided the funding just months after the startup launched last September. Bookkeeper360. Kicking off this week's roundup is Bookkeeper360, a U.S.-based CreditEnable.

Security 204

Security Fintech Capital Management 204

PYMNTS

NOVEMBER 20, 2020

Investors just delivered another $90 million into the coffers of Loadsmart , a digital freight startup, the company announced Friday (Nov. Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments. Chromo Capital co-led the deal.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading.

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

PYMNTS

NOVEMBER 3, 2020

Hong Kong-based digital payment platform Statrys has recently landed $5 million in funding through a closed-door funding deal with an angel investor with the expectation that the firm will get market share in the expanding remittance and digital payment arena, according to an announcement.

Payments 263

Payments Resources Lending Online 263

PYMNTS

FEBRUARY 17, 2020

Indian startups can also be stigmatized for taking funds from Chinese venture capitalists. In 2016, for example, Paytm Founder Vijay Shekhar Sharma had to “explicitly reassure users” that the company was still Indian, even though China’s Alibaba became its biggest investor. billion, according to data from research firm Refinitiv. .

Capital 229

Capital Data Examples Marketing 229

PYMNTS

JUNE 22, 2020

The Securities and Exchange Commission has filed a lawsuit to freeze the assets of two brothers allegedly engaged in “an offering fraud” and in misappropriating investor funds. The brothers’ fund allegedly pumped up its earnings numbers, claiming to have earned 100.77 percent and 92.90

Bitcoin 175

Bitcoin cryptocurrency Pennsylvania Fraud 175