investment

PE Firm Finstar to Invest in Fintech

PE Firm Finstar to Invest in Fintech

Private equity firm Finstar Financial Group has announced a strong commitment to fintech. The Moscow-based firm is planning to invest $150 million in fintech startups in the next five years.   Targeting high growth SMEs   The private equity group is planning to target high growth SMEs and provide help to its portfolio companies in terms of R&D. Finstar has [...]

Banks in Brazil & the UK Preparing for Fintech Revolution

Banks in Brazil & the UK Preparing for Fintech ...

The digital revolution has changed the banking sector and more change is to come with fintech startups. Big shifts are currently taking place everywhere, but Brazil and the UK are preparing to be disrupted big time. Many experts believe the banking sector in these countries won’t be the same soon.   Brazil’s banking might go through the biggest change   [...]

Swiss Fintech Gets an Investment from a Large Bank

Swiss Fintech Gets an Investment from a Large Bank

Another major bank has understood the value in investing in fintech, this time in Switzerland. Swiss-based private bank Julius Baer announced its investment in Nectar on Tuesday. The investment is the second big name to invest in the wealth management provider.   The latest investment in Nectar   The details of the new investment remain unknown. Nectar made the announcement [...]

European PE Looking Beyond Europe

European PE Looking Beyond Europe

European private equity firms are setting their sight outside of Europe. The region’s groups invested around €22 billion during the second quarter in non-European assets. This is twice as much investment as the PE firms allocated to local assets.   Shifting focus   S&P Global Market Intelligence reported on the second quarter’s findings that show a strong indication of shifting [...]

Cirque du Soleil Leaps into an Acquisition

Cirque du Soleil Leaps into an Acquisition

Cirque du Soleil has broadened its horizon and moved beyond just being a circus arts company. The Canadian company, together with its private equity owner TPG, announced an acquisition of Blue Man Productions. The group is expected to have other targets in its bold acquisition list, as it wants to expand its grip as a global entertainment group.   The [...]

Brexit Fears Defied by Fintech Startup Yoyo

Brexit Fears Defied by Fintech Startup Yoyo

The British mobile payment app has defied Brexit fears by fundraising an impressive £12 million. The successful fundraising round also highlights the strength in venture capital investment, according to the Financial Times who broke the story on Monday. The fundraising will be aimed at supporting the firm’s European and US expansion.   Big fundraising news for Brexit Britain   There [...]

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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.   [...]

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Private Equity Struggling to Raise Funds in the ...

Private equity and venture capital funds are not performing strongly in the Middle East, according to the latest reporting. MENA Private Equity Association published its annual report, which shows a 41% drop in private equity and venture capital funds last year. In terms of the region’s winner, UAE attracted the most interest from private equity funds.   The report’s findings [...]

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Could France Become Europe’s Innovation Hub?

The French voted Emmanuel Macron for president earlier in May. The young and progressive Macron managed to excite the French and not least the financial sector. Macron’s background in finance and his passion for technology has led many to believe big things are about to happen in France’s fintech sector. Could the country become Europe’s innovation hub, especially as Britain [...]

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Report: Returns Tighten for Private Equity

The latest Global Private Equity Barometer shows private equity returns to have decreased from last year. Coller Capital’s reporting also shows private equity investors believe fintech opportunities will continue to increase in the future. However, investors don’t seem impressed by blockchain technology.   Returns are diminishing   According to the report, 62% of surveyed private equity investors earned a net [...]

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The European Commission to Reboot its CMU Plan

The European Commission has revealed it would be rebooting its Capital Markets Union (CMU) plan. The Commission hopes it will strengthen Europe’s financial systems at a time when Brexit is looming over the continent.   The CMU was originally adopted in 2015 with the aim of helping businesses access investment across European border. There were 33 measures in the original [...]

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Fintech’s New Challenger Bank Raises £32m

Fintech is set to change the financial industry and it’s been especially focused on changing the traditional forms of banking. The online peer-to-peer lender Zopa has taken another crucial step to disrupting the traditional banking sector by raising £32 million. Zopa is preparing to launch its challenger bank and taking the fight directly to the old guard.   Wadhawan Global [...]

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Malaysia Opens a Fintech Sandbox

Malaysia is ramping up its forces in the global race for the newest fintech innovation. The Asian country has launched its first fintech sandbox with the help of the central bank. The regulatory sandbox will be open to both foreign and local startups.   Enhancing its fintech sector   Bank Negara Malaysia (BNM) had earlier started focusing its efforts in [...]

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Japanese Lender to Launch a Fintech Venture

Traditional financial service firms are playing catch-up. The world is changing around them thanks to fintech revolution and the firms are trying to hold on. The solution for many has been to be part of the revolution, rather than just watch it go by. The Japanese lender, Mizuho Financial Group, is the latest to throw its hat in the ring. [...]

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Growth Capital Ventures Attracts a £57.5m ...

UK fintech firm Growth Capital Ventures has attracted a £57.5m investment fund. The investment fund comes after its recent £1.1m investment from private equity, which helped the northeastern firm to create over ten jobs in the region. The latest investment will go towards helping local small businesses access capital in order to grow.   Major investment fund to boost growth [...]