venture capital

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 [...]

Famous University to Unload Over $2bn of Funds

Famous University to Unload Over $2bn of Funds

One of the world’s most famous universities, Harvard University, is close to selling its private equity holdings. The university is also planning to unload some of its venture capital and real estate funds at the same time. According to the reports, the assets the university is looking to unload are worth well over $2 billion.   Plans are emerging about [...]

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 [...]

Private Equity Struggling to Raise Funds in the Middle East

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 [...]

Plynk Raises €25m and Plans to Expand Outside Ireland

Plynk Raises €25m and Plans to Expand Outside ...

Irish money messaging app Plynk has secured €25 million in its recent Series A round. The investment round was led by Swiss Privée Ltd, which is a private investment trust. The fintech firm’s next step is to launch the product in the UK and Europe.   The fundraising round   The €25 million investment round was led by the Swizz [...]

Can Fintech Conquer the B2B Sector?

Can Fintech Conquer the B2B Sector?

When it comes to investing in the financial sector, venture capital and private equity have long been less keen on interesting in B2B companies. But McKinsey & Co’s latest research suggest things might be changing and investors are now targeting financing solution for both buyers and suppliers, together with automated account management tools. Can fintech conquer the B2B sector?   [...]

Fintech’s New Challenger Bank Raises £32m

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 [...]

TransferWise’s Bold Move into Financial Services

TransferWise’s Bold Move into Financial Services

TransferWise has announced it will be introducing a new foreign exchange account. The new ‘Borderless’ account will mark the fintech startup’s first step into financial services and showcases the divergence between disruptive fintech and traditional financial firms.   TransferWise has so far attracted over $116 million in venture capital funding and last May, the fintech startup received a valuation of [...]

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 [...]

Indian Fintech Startup Raises $5.3m

Indian Fintech Startup Raises $5.3m

Fintech startup PaySense has raised $5.3m in a Series A round, adding to its impressive fundraising efforts. The latest round was led by Jungle Ventures and it also featured Naspers Group and Nexus Venture Partners. The investment round is a clear example of the strength and attractions of the Indian fintech sector.   PaySense’s strong fundraising efforts continue   The [...]

UK’s Innovate Finance Calls for Stronger Support

UK’s Innovate Finance Calls for Stronger Support

UK’s fintech sector is facing tough challenges. The Brexit negotiations haven’t properly started yet and the country is currently in the midst of a general election campaign. For the sector, this means uncertainty about the future.   On Thursday, UK’s fintech trade body called for the government and all the country’s political parties to pledge stronger support for the fintech [...]

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 [...]

Nasdaq Enters the Race to Attract Fintech Companies

Nasdaq Enters the Race to Attract Fintech Companies

Nasdaq announced on Wednesday it’s launching a dedicated venture investment unit to find the best fintech firms to collaborate with. While the investment program has unofficially been operating since the late-2015, the new unit will look to harness more long-term benefits to Nasdaq’s client base. It could also increase competition in the fintech sector in terms of investments.   Looking [...]

Brexit is Pushing Away Fintech Firms

Brexit is Pushing Away Fintech Firms

The International Fintech Conference took place in London on Wednesday and the message from fintech companies was: stay away from London. The reason for such a stark message was UK’s decision to leave the European Union last June. However, government officials were also in hand to send a different message.   Straight talk from a fintech ‘unicorn’   The most [...]