Tag : Funds

ServiceTitan Announces $500 Million Investment Led By Tiger Global Management and Sequoia Capital Global Equities
Finance Investment Services Investments News Trading

ServiceTitan Announces $500 Million Investment Led By Tiger Global Management and Sequoia Capital Global Equities

Fintech News Desk
by Fintech News Desk0
The Series F financing values the company at $8.3 billion ServiceTitan, the world’s leading provider of software for the trades, announced a $500 million round at an $8.3 billion valuation. The round was led by Tiger Global Management and Sequoia Capital Global Equities with participation from H.I.G. Growth Partners. Existing investors participated, including......
Phoenix Lending Survey Results Reveals the Third Stimulus Package Will Cause Inflationary Pressure in the US Economy
Economy News

Phoenix Lending Survey Results Reveals the Third Stimulus Package Will Cause Inflationary Pressure in the US Economy

Fintech News Desk
by Fintech News Desk0
From the first quarter Phoenix Management “Lending Climate in America” survey results reveals the third stimulus package will cause inflationary pressure in the U.S. economy. The third stimulus package includes nearly $2 trillion in coronavirus relief funds and puts money in the hands of millions of Americans. When asked whether......
Vintage Investment Partners Continues to Grow its Investment Team and Appoints Barrel Kfir as Principal
Investment Services Investments News

Vintage Investment Partners Continues to Grow its Investment Team and Appoints Barrel Kfir as Principal

Fintech News Desk
by Fintech News Desk0
Vintage Investment Partners, a $2.1B AUM global technology investment firm combining fund-of-funds, secondary funds and direct co-investment funds, announced today that Barrel Kfir has joined as Principal. Most recently, Barrel was Director of Portfolio at Ignite – Intel for Startups. Prior to that, he was a Principal at JVP where he led......
SEI's Collective Investment Trust Business Experiences Significant Growth
Fintech Primers Investments News

SEI’s Collective Investment Trust Business Experiences Significant Growth

Fintech News Desk
by Fintech News Desk0
Target-Date Fund CITs Gaining Momentum, SEI’s CIT Business Benefits from U.S. Retirement Market Trends SEI, a leading global provider of investment processing, investment management, and investment operations solutions, announced today that its collective investment trust (CIT) business has surpassed $100 billion in assets under administration   (AUA) as of Dec. 31, 2020, representing a......
Vinci Partners Announces R$381 Million Capital Raise For New Industrial Development Strategy
Finance Fintech News

Vinci Partners Announces R$381 Million Capital Raise For New Industrial Development Strategy

Fintech News Desk
by Fintech News Desk0
Vinci Partners Investments Ltd., the controlling company of a leading alternative investment platform in Brazil, announced the closing of R$381 million in commitments for “Vinci Fulwood Desenvolvimento Logístico FII”, or “VFDL”, a fund managed by the Vinci Partners Real Estate segment. This capital raise marks the beginning of a new strategy......
Fourshore Partners Announces Acquisition of Genesis Capital Finance
Finance Fintech News

Fourshore Partners Announces Acquisition of Genesis Capital Finance

Fintech News Desk
by Fintech News Desk0
Fourshore Partners announced its acquisition of a majority stake in Genesis Capital Finance, a specialty finance company that provides commercial loans to independent owner operators in the long-haul trucking industry. “We are very excited to partner up with the team at Fourshore. The partnership fuels growth at Genesis Capital Finance......
ACH Network Prepared to Deliver Economic Impact Payments to Americans Via Direct Deposit
Banking Digital Payments News

ACH Network Prepared to Deliver Economic Impact Payments to Americans Via Direct Deposit

Fintech News Desk
by Fintech News Desk0
Statement from Nacha, the Administrator of the ACH Network, on the Passage of the American Rescue Plan Act President Biden has signed into law the American Rescue Plan Act, which provides for direct payments to many Americans. These payments will largely be delivered electronically by Direct Deposit over the ACH......
Skrill Debuts Fiat-To-Crypto Withdrawal Service
Banking Cryptocurrency Fintech InsurTech News Risk Management

Skrill Debuts Fiat-To-Crypto Withdrawal Service

Fintech News Desk
by Fintech News Desk0
Digital payments provider Skrill, part of the integrated payments platform Paysafe, has announced a new feature for its digital wallet that enables users to withdraw funds directly to a cryptocurrency address of their choice. Read More: GlobalFintechSeries Interview with Rohit Arora, CEO at Biz2Credit For the first time, Skrill customers......
Portfolio BI Completes the Acquisition of Managed Service Provider Hentsū
Business Fintech Fintech Funding News

Portfolio BI Completes the Acquisition of Managed Service Provider Hentsū

Fintech News Desk
by Fintech News Desk0
Acquisition will Strengthen and Expand Portfolio BI’s Offering to include FinTech Managed Cloud Services, Data Science, and DevOps Portfolio BI, a leading provider of front-to-back solutions for order management, portfolio management, data management, and reporting for the buy-side, announced it has completed the acquisition of Hentsū, a global provider of......
ME Becomes WE
Business Fintech Lifestyle News

ME Becomes WE

Fintech News Desk
by Fintech News Desk0
ME Bank’s shareholders have unanimously agreed to accept a $1.325 billion all-cash offer from BOQ, one of Australia’s leading regional banks. The ME brand, people, operations, and Melbourne-based presence will be retained, reflecting BOQ’s multi-brand strategy and the commitment of both banks to retain their common customer-centric ethos and values.......
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