Kotak Investment Advisors, the private equity arm of Indian banking giant Kotak Mahindra Group is said to be back in the market for a $1.5bn fundraise, 50% increase from its predecessor. The post Kotak Mahindra
Digital currency industry investor Silvergate Capital has partnered with EJF Capital to launch the EJF Silvergate Ventures Fund to invest in early-stage fintech companies, digital currencies and payments and banking specialty finance technology. The post
Global buyout major EQT led a series E funding round in SaaS banking platform Mambu, boosting its valuation to €4.9bn which makes it one of the highest-valued B2B SaaS companies founded in Europe. The post
HSBC veteran Samir Assaf has joined General Atlantic as the firm's newest senior advisor. The post After 27 years at HSBC, Samir Assaf becomes General Atlantic’s newest senior advisor first appeared on AltAssets Private Equity News.
Impact investor LeapFrog has picked up a stake in Ghana’s largest privately-owned bank, Fidelity Bank Ghana. The post LeapFrog Investments buys into Ghana’s biggest privately-owned bank first appeared on AltAssets Private Equity News.
Private equity firms GTCR and Reverence Capital Partners have agreed to carve out Wells Fargo Asset Management in a $2.1bn deal.
Warburg Pincus has followed a string of venture capital firms into bank and financial services customer engagement software startup Personetics.
Mexican challenger bank albo has secured $45m of VC funding amid plans to become the nation’s answer to Chime.
Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.
Gohenry, developers of a prepaid card that aims to help children build healthy financial habits, has collected $40m for its latest funding round.
Having officially launched earlier this year, new neobank HMBradley has now secured $18.25m in a Series A funding round.
Automated investing, borrowing and banking platform M1 Finance has finalised its Series C investment round on $45m.
Data and analytics platform for banks Fligoo has reportedly secured $40m in a funding round that will help it enter Brazil.
The $52.6bn-managing HSBC Global Asset Management has hit a $260m final close for its second annual Vision private equity fundraise.
Cloud-native core banking technology firm Thought Machine has secured an additional $42m to its Series B, bringing the round’s total value to a hefty $125m.
Digital business bank Penta has collected €4m in a new funding round, adding to the €18.5m it raised in March for its Series B. The capital infusion was supplied by S7V, Presight Capital and two
New alternative business banking platform Zeller has reportedly raised AUD $6.3m ($4.3m) in a funding round as it aims for a 2021 launch.
FinTech startup Memo Bank has raised €20m in a Series A round led by BlackFin Capital.
Even, which integrates with attendance, payroll and banking systems, has closed an investment round, less than a year after its former round.
Financial services digitisation platform Nymbus has picked up $12m in a new financing round led by major shareholders Insight Partners and Vensure Enterprise. Nymbus said the new capital would go towards supporting rapid market penetration for
