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Category: Fintech and Finance

Spotlight on Spacs: Fintech fever

A sustained surge in fintech deal-making may well have special-purpose acquistion companies to thank, writes Ryan Gould.

Finberg to raise USD 25m for new IFR fund

Finberg, the Turkish corporate venture capital firm backed by Fibabanka and Fiba Group, is looking to raise USD 25m for its newly established Innovative Fintech and Retail Tech Solutions (IFR) fund, according to CEO Ihsan

CFC Underwriting attracts Blackstone Group and OTPP

Blackstone and Canadian pension fund OTPP are among a number of suitors this week looking to table non-binding bids for Vitruvian-backed UK specialist insurance agent CFC Underwriting, according to four sources familiar with the matter.

KKR’s Henry McVey Says the Time is now for Insurance CIOs to ‘Dream Big’

New Macro Report Based on Proprietary Survey Highlights Insurance Industry’s Yearn for Yield NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the release of “Dream Big,” a new Insights piece by Henry

Goldman Sachs, Silverfern put Continental Bakeries on market

Goldman Sachs Merchant Banking Division and Silverfern have hired Rothschild to sell Continental Bakeries, according to three sources familiar with the situation.

deVere joins financial powerhouses as founding member of major new Net Zero initiative

Opalesque Industry Update - deVere Group has joined global financial powerhouses in becoming a founding member of a new international alliance that will help accelerate the transition to a net zero financial system. The game-changing

Apollo sells Italian insurer Amissima Vita to €79bn-managing life insurer Athora

Apollo Global has agreed the sale of Italian insurer Amissima Vita to €79bn-managing life insurance group Athora Holding. The post Apollo sells Italian insurer Amissima Vita to €79bn-managing life insurer Athora first appeared on AltAssets

AMB :- European asset managers increasingly put focus on altcoins, says study

Laxman Pai, Opalesque Asia: One in three (33%) surveyed institutional investors and wealth managers in Europe predict that professional investors with an allocation to Bitcoin will dramatically increase the allocation to...Article Link

Allianz holds EUR 500m first close for debut private debt fund

Insurance company Allianz has held a final close on EUR 500m for Allianz Global Diversified Private Debt Fund (AGDPDF), its first private debt fund for institutional investors.

Deals spree puts banks on track for busiest-ever year

In the first eight months of 2021, companies have announced deals worth more than $1.8 trillion in the U.S.

Nordic Capital invests in Qred

Nordic Capital is to acquire a minority stake in Sweden-headquartered small business lending platform Qred.

Nordic Capital becomes ‘significant’ Qred shareholder, eyes European expansion for fintech

Nordic Capital has agreed to become a significant shareholder in fintech company Qred to significantly expand the business across Europe. The firm said it can help the company with its expertise in financial services and

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