Search Results for: investment acquisitions

BankPozitif Erkan Kork "2024 will be a year of accelerated capital flows"
Fintech News

BankPozitif Erkan Kork “2024 will be a year of accelerated capital flows”

PR Newswire
by PR Newswire0
Erkan Kork, Chairman of the Board of BankPozitif, commented on the achievements of 2023 and the expectations for 2024. Kork stated that 2023 was a dynamic year for Turkey, and despite negative developments both domestically and globally, the Turkish banking sector continued to support the real sector, financing production and exports.......
KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans
Finance Fintech News

KKR Acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans

Business Wire
by Business Wire0
The KKR investment directly highlights the strength and scale of our Asset-Based Finance business, which has experienced unprecedented growth alongside the rapid expansion of this market.  KKR, a leading global investment firm, announced today that funds and accounts managed by its credit business have led the purchase of a $7.2......
Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round
Lending News

Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round

PR Newswire
by PR Newswire0
Rich Data Co (RDC) a leading AI decisioning platform that helps banks make high-quality lending decisions efficiently and safely – has successfully raised US$17.5m in its Series B round. The funding round was led by major Australian bank Westpac and global leader in cloud banking nCino, and supported by a reinvestment from......
Star Mountain Closes Lending Fund IV Above Target
Fintech Investments News

Star Mountain Closes Lending Fund IV Above Target

Business Wire
by Business Wire0
Star Mountain Capital, a private credit and secondaries specialist investment firm focused on delivering systematic alpha and uncorrelated market returns from the harder to access U.S. lower middle-market, announced it closed its direct lending Fund IV above its $750 million LP capital target at approximately $1.2 billion (committed capital including......
Cinnamon Wealth Catalysing Financial Freedom for Women's Empowerment in Personal Finance
Finance News

Cinnamon Wealth: Catalysing Financial Freedom for Women’s Empowerment in Personal Finance

PR Newswire
by PR Newswire0
Offering Inclusive Financial Services and Advocating for Women’s Active Role in Wealth Management Women play a crucial role in binding a family together. Cinnamon Wealth advocates for Women’s active involvement in shaping their family’s financial decisions, recognising that they are both contributors and beneficiaries of the family’s wealth. The company was founded......
Artificial Intelligence to Dominate Financial Innovation
Artificial Intelligence Guest Posts

Artificial Intelligence Sets Up to Dominate Financial Innovation

Abid Ali
by Abid Ali0
AI is already taking the mainstream markets by storm. It is, however, poised to revolutionise digital finance in profound ways. It will be the driving force behind a host of transformative changes, from enhancing customer experiences to improving operational efficiency and risk management. AI-powered chatbots and virtual financial assistants will......
Uber Announces Results for Third Quarter 2023
Finance Fintech News

Uber Announces Results for Third Quarter 2023

Business Wire
by Business Wire0
Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency basis Net income of $221 million; Income from operations of $394 million; Adjusted EBITDA margin at all-time high Operating cash flow of $966 million;......
PSG Equity Holds Final Close of Second European Fund at more than €2.6 Billion
Fintech News

PSG Equity Holds Final Close of Second European Fund at more than €2.6 Billion

Business Wire
by Business Wire0
Commitments to second fund significantly exceed size of PSG Europe I, following strong demand from both new and existing limited partners Ongoing digitalization of the economy combined with fragmented nature of the European market continues to present significant investment opportunities in the software sector PSG has one of the largest......
Snap-on Raises Dividend 14.8%
Finance Fintech News

Snap-on Raises Dividend 14.8%

Business Wire
by Business Wire0
Quarterly Dividend Increases to $1.86 per Share Snap-on Incorporated announced that its Board of Directors has declared a quarterly common stock dividend of $1.86 per share payable December 11, 2023, to shareholders of record at the close of business on November 21, 2023. This represents an increase of $0.24 per......
Pritzker Private Capital Partners with Lawley
Fintech News

Pritzker Private Capital Partners with Lawley

Business Wire
by Business Wire0
Partnership With Family-Owned Independent Insurance Broker and Employee Benefits Firm Supports Continued Growth Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced it has completed an investment in Lawley, an independent insurance broker and employee benefits firm. PPC’s investment will support Lawley in expanding into new markets and......
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