Topics: Technology

How Are European Banks Investing in Fintech?

How Are European Banks Investing in Fintech?

CB Insights’ research in European banks investment in fintech makes an interesting read. The research company analysed private market fintech investments by assets under management all the way from 2012 to the current year and noticed banks are keen on fintech investments. With the current rate of investing, funding in European-based fintech firms might surpass $2.6 billion this year.   [...]

Are Silicon Valley’s VCs Losing Interest in Fintech?

Are Silicon Valley’s VCs Losing Interest in ...

Fintech has been booming in recent years. Investors of all kinds have flocked towards the industry and new fintech startups have been popping up all over the globe. But a recent Inc. post suggests Silicon Valley’s VCs might be losing interest.   VCs not as big of a player in fintech   Fintech companies had a surge in investment from [...]

Modest Start to Global Fintech Investment in Q1 2017

Modest Start to Global Fintech Investment in Q1 2017

KPMG has published its Pulse of Fintech, which covers the global fintech industry performance for Q1 of 2017. KMPG’s research finds global fintech investment to have a modest, yet solid start to the year, with a few strong performers to lead the way.   Global fintech investment falls slightly   The KMPG research shows the first three months of the [...]

MoneyGram Gets a Sweetened Deal from China

MoneyGram Gets a Sweetened Deal from China

The US fintech firm MoneyGram has received an increased buyout deal from China’s Ant Financial. The reports suggest the Chinese company increased its bid to buy the fintech firm by 36%, but regulatory hurdles are still on the horizon.   Improving the bid to acquire the fintech firm   Ant Financial, which is an Alibaba subsidiary, has offered to buy [...]

KKR Grows its Tech Portfolio

KKR Grows its Tech Portfolio

Private equity firm KKR continues to grow its tech portfolio. The firm invested $50 million in Cherwell Software to help the software company compete with its rivals. It’s likely the IT company will use the investment in order to make an acquisition to expand its reach.   The software company has made its mark by offering codeless solutions to fix [...]

Carlyle Strikes a Deal to Buy Veritas for $8 Billion

Carlyle Strikes a Deal to Buy Veritas for $8 Billion

  Private equity firm Carlyle Group is known for striking mega deals. It is set to make more headlines this year, as it announced on Tuesday a mega deal to buy Veritas, the data-storage company, for $8 billion. The deal is set to be the largest leveraged buyout of 2015 in the US.   The Deal   The private equity [...]

Further VC Evolutions Driven by Kima Ventures

Further VC Evolutions Driven by Kima Ventures

The continuing evolution of private equity (PE) and venture capital (VC) towards using online platforms predominantly in fund raising and deal making has continued with the launch of Kima15, a VC initiative from Kima Ventures, themselves one of the world’s largest angel investor groups.   Kima15 aims to help technology entrepreneurs and tech start-up businesses raise seed investment quicker and [...]

Permira Closes French/US Technology Buyout

Permira Closes French/US Technology Buyout

Permira announced that it completed its acquisiton of Genesys, a global contact center technology company, from Alcatel-Lucent this week. Technology Crossover Ventures and certain co-investors of the Permira funds also participated in the transaction. The transaction values the company at USD 1.5 billion.   Your Dealmarket Digest editor is enjoying a one-week free trial of a useful resource called Law360, [...]

LPs Favor Founders in Venture Captial

LPs Favor Founders in Venture Captial

VC fundraising easier for tech founders’ funds. Raising venture capital funds may be difficult in recent times, but founders’ funds, those created by super-wealthy, tech entrepreneurs are having no problem, it seems.   It was widely reported by Bloomberg and others that PayPal founder and serial entrepreneur, Peter Thiel, has recently raised a large oversubscribed USD 625 million fund. It [...]