Search Results for: equity

BGC Completes Sale of Insurance Brokerage Business to The Ardonagh Group
Fintech News

BGC Completes Sale of Insurance Brokerage Business to The Ardonagh Group

Fintech News Desk
BGC Partners, Inc., a leading global brokerage and financial technology company, announced that it has completed the sale of its Insurance Brokerage business to The Ardonagh Group Limited (“Ardonagh”). The transaction was first announced in a press release on May 26, 2021. MANAGEMENT COMMENTS: Howard W. Lutnick, Chairman and Chief Executive......
Insurtech Platform Ripe Announces Majority Investment from Aquiline Capital Partners LLC
Fintech InsurTech Investments News

Insurtech Platform Ripe Announces Majority Investment from Aquiline Capital Partners LLC

Fintech News Desk
Ripe Thinking Limited (“Ripe”), a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC (“Aquiline”) to acquire a majority stake in the company. Aquiline is a private investment firm based in New York and London with $6.9 billion in assets under management,......
CIBC Innovation Banking, Ten Coves Capital and Mosaik Partners Provide Point Predictive Inc. with Growth Financing
Investments News

CIBC Innovation Banking, Ten Coves Capital and Mosaik Partners Provide Point Predictive Inc. with Growth Financing

Fintech News Desk
CIBC Innovation Banking, Ten Coves Capital, and Mosaik Partners are pleased to announce that they have provided new credit facilities and equity financing to San Diego-based Point Predictive Inc. (“Point Predictive”), a leading data and analytics company that helps lenders automate loan decisions, mitigate loan losses and reduce underwriting friction.......
Boost Industrial Manufacturing to Accelerate Economic Growth and Development in Nigeria, African Development Bank Head Says
Finance Investments News

Boost Industrial Manufacturing to Accelerate Economic Growth and Development in Nigeria, African Development Bank Head Says

Fintech News Desk
He said Nigeria must accelerate its manufacturing sector through integration and a rapid progression up global and regional value chains where it has a comparative advantage African Development Bank Group (AfDB.org) President Dr. Akinwumi A. Adesina has said low levels of industrial manufacturing are hampering economic growth and development in Nigeria and......
Drip Capital Raises $175M to Build a Tech-Enabled Global Trade Facilitation Platform
Finance Investments News

Drip Capital Raises $175 Million to Build a Tech-Enabled Global Trade Facilitation Platform

Fintech News Desk
Drip Capital, Inc. (Drip Capital), a leading digital cross-border trade finance platform for small and medium businesses (SMBs), announces that it has raised $175 million in fresh capital to power its next phase of growth. Funds raised include a $40 million Series C investment and $135 million in warehouse debt facilities. To date, with this......
Ninepoint Partners Announces Distribution Agreement with Global Alternatives Investment Manager LGT Capital Partners
Investment Services News

Ninepoint Partners Announces Distribution Agreement with Global Alternatives Investment Manager LGT Capital Partners

Fintech News Desk
 Ninepoint Partners LP (“Ninepoint”), one of Canada’s leading alternative investment management firms, announced that it has entered into an agreement with LGT Capital Partners to distribute the LGT Multi-Alternatives Sub-Fund (“the Fund”) on an exclusive basis in Canada. Available to Ninepoint’s Institutional clients and eligible investors, the Fund will have exposure to......
FirstCash to Acquire American First Finance, a Leading Technology-Driven Virtual Lease-to-Own and Retail Finance Platform for Underserved Customers
Digital Payments Fintech News

FirstCash to Acquire American First Finance, a Leading Technology-Driven Virtual Lease-to-Own and Retail Finance Platform for Underserved Customers

Fintech News Desk
Establishes FirstCash’s Entry into Large and Growing Point-of-Sale Payments Market Provides Significant Revenue and Earnings Growth Opportunity $1.17 Billion Stock and Cash Transaction Expected to be Significantly Accretive to EBITDA and EPS Companies to Host Conference Call Today at 8:30 a.m. ET / 7:30 a.m. CT FirstCash, Inc., the leading......
Alida
Analytics News

Alida Brings Deeper AI, Analytics, and CXM Integrations to Fall 2021 Product Release

Fintech News Desk
The Alida TXM platform enhances capabilities in customer, employee, product, and brand experiences for its 165M users Alida, a visionary leader in Total Experience Management (TXM),  delivered its Fall 2021 product release. Alida brings new capabilities in customer experience (CX), employee experience (EX), product experience (PX), and brand experience (BX).......
HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India
Digital Payments News

HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India

Fintech News Desk
The credit facility will extend working capital loans to small businesses that need financing to support their digitization and recovery from the effects of the pandemic It will be made available exclusively to new credit customers with a goal of at least 50% being women entrepreneurs HDFC Bank, Mastercard, U.S.......
Bridgeweave and IIFL Securities Announce Partnership to Provide AI Powered Investment Insights
Fintech Investments News

Bridgeweave and IIFL Securities Announce Partnership to Provide AI Powered Investment Insights

Fintech News Desk
Bridgeweave, a UK based fintech, announced a partnership with IIFL Securities Limited, one of India’s leading brokerage and investment advisory firms. IIFL will offer Bridgeweave’s flagship InvestorAi app for AI powered investments insights and premium content to its clients. InvestorAi uses AI algorithms, trained for global equity markets, to assist......
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