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Bain Capital Nets $800M For Business Impact Funding

PYMNTS

Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. The new fund, called Bain Capital Double Impact Fund II, was registered with the SEC on Aug.

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Diebold Nixdorf Secures $650M Capital Commitment

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To enhance liquidity, ATM servicer and software provider Diebold Nixdorf has secured a $650 million capital commitment from two institutional lenders and started a process to amend its existing credit agreement. However, earlier this month, 13 percent of the remaining holders asked to be paid, totaling around $255 million.

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Zopa Secures UK Banking License

PYMNTS

Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based million) from new and existing investors in two funding rounds since applying for the banking license in 2016, and it added several former banking executives to create a board. Capital One was one of the earlier disrupters,” Janardana said.

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Capital Float Tops Up Capital Raise

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India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 According to Capital Float cofounder Sashank Rishyasringa, the deal brings the total raised for Capital Float in 2016–2017 to $9.2 The company has secured significant venture capital, too.

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GuardKnox Secures $21M To Boost Cybersecurity For Connected Cars

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Automotive cybersecurity company GuardKnox announced it has secured $21 million in a Series A round of funding, bringing its total raised to $24 million. FM Capital is proud to partner with the dynamic GuardKnox team delivering transformative cyber security solutions for the auto industry.”.

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Capital One Offers Free Business Credit Reports

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Capital One has announced the launch of Business CreditWise , an online tool that enables U.S. Business CreditWise is available to any business in the United States — not just Capital One customers. businesses to check their credit profiles.

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SEC Appoints Small Business Capital Committee Members

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Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The committee, which is the result of the 2016 SEC Small Business Advocate Act, will meet for the first time in early May, according to reports.

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