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VRGL Announces $15Million Series A Fundraising Round led by MissionOG and FINTOP Capital
VRGL, Inc (“VRGL”), a provider of institutional-grade analytics and automated data extraction to the wealth management industry, today announced it has raised $15 million in a Series A round led by MissionOG and FINTOP Capital. Founding investors Sallyport Investments and Checchi Capital also participated. The round also included investments from other venture firms and strategic partners including Dynasty Financial Partners, Northwestern Mutual Future Ventures, Flyover Capital, Fin Capital, and The Compound Capital.
Vista Equity Partners Expands Firm’s Internship Program with Opportunities for Rising College Sophomores
Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the expansion of the Firm’s internship program to provide new opportunities for rising college sophomores. The new program, built in partnership with the Knowledge Is Power Program (“KIPP”), a network of college-preparatory public charter schools, and The Posse Foundation (“Posse”), a leading college success and youth leadership development organization, advances Vista’s efforts to broaden its recruiting pipeline while also creating career pathways for young people from backgrounds not traditionally represented in asset management.
Bango Acquires Global Payments Business of NTT DOCOMO
Bango plc the global platform for data-driven commerce, announces that it has acquired the global payments business of NTT DOCOMO (“DOCOMO Digital” or the “Acquisition”).
PalmPay Hits 10 Million User Milestone in Nigeria
PalmPay, a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer numbers in the same league as major institutions only 3 years after the company launched in the market.
Crescent European Specialty Lending Announces Financing for Primary Capital’s Refinancing and Recapitalization of Metamark
Crescent Capital Group LP, a leading alternative credit investment firm, announced that its European Specialty Lending strategy has provided financing to support Primary Capital’s refinancing and recapitalization of Metamark, a U.K.-based manufacturer and supplier of self-adhesive visual communication materials focused on retail advertising, commercial vehicle wrapping, architectural and other specialty applications. Terms of the transaction were not disclosed.
BizCap Secures $20 Million Credit Facility for Schweizer RSG, LLC
BizCap, a national commercial finance and advisory firm, announced it has successfully secured a $20 million credit facility for its client, Schweizer RSG, a leading manufacturer of helicopters and aviation industry parts supplier. The new ABL credit facility will be used to finance production, enabling Schweizer to meet the increased demand for its helicopters, repair services and spare parts.
