Galytix, an AI-based smart data analytics business which uses machine learning to intelligently ingest, curate and synthesise unstructured and structured data, has secured a post angel equity investment of an undisclosed amount to support its next phase of growth. Galytix was founded in 2015. The firm serves global insurers and reinsurers in providing a front-to-back smart data analytics platform enabling smarter, faster and more informed... more
Global Blockchain Services Provider OKGroup Leads USD$2 Million Pre-IPO Investment Round in Fiat-to-Crypto Payment Service Provider (PSP), Banxa
- 01.07.2020 07:55 am
Banxa, a full-service, internationally compliant digital banking infrastructure provider, announced it has completed its USD$2 million Pre-IPO investment round. The round was led by OK Group, a world-leading blockchain technology and service provider focused on the research and development of the technology and its all-scenario applications..
CubeLogic, the market leading provider of enterprise risk management solutions for the energy, commodities and financial markets today announces that they have closed a significant minority investment deal with Growth Capital Partners (GCP) for an undisclosed amount.
- 25.06.2020 12:30 pm
Equity investment in the UK’s tech businesses increased by 27% in 2019 to £4.0bn, the highest amount since the series began in 2011, reveals the British Business Bank’s annual Small Business Equity Tracker report, published today. The UK’s thriving tech sector remains highly attractive to equity investors, accounting for 47% of total equity investment in UK SMEs through 691 deals in 2019.
- 25.06.2020 12:15 pm
Connect Ventures, the London-based venture capital firm focused on seed-stage technology investments, today announces a new $80M (£65M) fund to support product-led founders across Europe. This third fund was raised from a combination of existing and new LPs including Top Tier Capital Partners, Isomer Capital, British Patient Capital, De Agostini, Big Society Capital, Draper Esprit and Korelya Capital.
MayStreet Raises $21 Million in Series A Financing Round Led By Credit Suisse Asset Management’s NEXT Investors
MayStreet today announced the closing of a Series A financing round led by Credit Suisse Asset Management's NEXT Investors, a leading Fintech growth equity group that invests in high-growth private businesses that interact with the financial services industry.
Alibaba Cloud, the data intelligence backbone of Alibaba Group, today announced that it will invest RMB2 billion (US$283 million) during this fiscal year to empower global partners and accelerate joint innovations in the post pandemic era. The investment aims to bring its partners up to speed with digitalisation capabilities and create joint products and solutions to benefit even more customers across all sectors.
- 11.06.2020 01:10 pm
Since the global economy and political environment are currently undergoing deep changes, IMF forecasts that Chinese economy growth in 2020 will keep falling back, and will be still at the bottom of the operating stage. In this year, three goals will be "finished", so keeping stably growth is very important, and it is expected that countercyclical policies will maintain "deterministic growth" in the uncertainty of economic environment.
- 02.06.2020 09:32 am
Appway, a leading global provider of business process automation software focused on customer onboarding and customer lifecycle management for financial institutions, today announced a $37 million minority investment from global growth equity firm Summit Partners. This partnership represents Appway’s first external capital raise and will help the company to further expand its product portfolio and accelerate international growth while... more
Marqeta, the global modern card issuing platform, announced today that it has raised an additional $150 million in new capital from a leading institutional investor, valuing the company at $4.3 billion.
CoinDCX, India’s largest and safest cryptocurrency exchange, has announced that it has secured a US$2.5 million strategic investment led by Polychain Capital with support from Coinbase Ventures, the investment arm of San Francisco-based cryptocurrency giant
Freetrade, the smart app that makes investing easy for everyone, has defied the Covid-19 lockdown to raise £7m from more than 8,000 people. Working with Crowdcube, the company exceeded its £1 million target in just 4:33 minutes from existing shareholders before going on to raise £7m in five days. Freetrade’s fundraise is the largest equity crowdfunding campaign to be completed in the UK this year.
Mastercard announced a new consumer protection program to address the fraud vulnerabilities that exist today at fuel merchants who have not completed the upgrade to safer and more secure EMV terminals. This new program has been put in place as the company shifts the EMV Automatic Fuel Dispenser (AFD) liability date to April 16, 2021 to support fuel merchants still completing upgrades.