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Category: Fintech and Finance

Bain Capital, Thrive lead €126m round for Pleo

Bain Capital Ventures and Thrive Capital have co-led a DKK 940m (€126m) series-C round for Danish fintech company Pleo.

Charterhouse to exit Siaci Saint Honoré to OTPP et al.

Charterhouse Capital Partners has entered into exclusive negotiations to sell its stake in France-headquartered B2B insurance broker Siaci Saint Honoré (SSH) to a consortium of investors led by Ontario Teachers' Pension Plan Board (OTPP).

Charterhouse agrees Siaci Saint Honoré at better than €1.7bn valuation – source

Charterhouse Capital has entered exclusive talks for what AltAssets understands is a €1.7bn sale of B2B insurance brokerage Siaci Saint Honoré. The post Charterhouse agrees Siaci Saint Honoré at better than €1.7bn valuation – source

Apollo buys into fintech PE specialist Motive Partners to tap into ‘$10tn opportunity’

Buyout giant Apollo Global has made a strategic investment in fintech private equity specialist Motive Partners to boost its exposure to the burgeoning sector. The post Apollo buys into fintech PE specialist Motive Partners to

Apollo to take stake in fintech investor Motive Partners

The move aimed at beefing up the private equity giant’s own technology

US insurers increase holdings in private equity

Opalesque Industry Update - Private equity holdings by the U.S. insurance industry grew by 14.8% in 2020, with the life/annuity insurance industry seeing its highest value in five years, at $71.7 billion, according to a

Visa buys Swedish fintech Tink for more than $2bn

Tink would give Visa a foothold in open banking, which connects consumers to multiple financial institutions

Andreessen Horowitz bets big on crypto future with $2.2bn fund

Bitcoin and the wider crypto market has suffered a titanic fall in price over the past few weeks - but that hasn't discouraged VC veteran Andreessen Horowitz from hailing the industry's future amid a $2.2bn

Houlihan Lokey Adds TMT Pro

Houlihan Lokey has announced the hiring of Walid Khiari as a managing director in its technology, media, and telecom (TMT) group. Mr. Khiari joins the firm after serving as a managing director in the technology

Houlihan Lokey Adds TMT Pro

Houlihan Lokey has announced the hiring of Walid Khiari as a managing director in its technology, media, and telecom (TMT) group. Mr. Khiari joins the firm after serving as a managing director in the technology

ROUNDTABLE :- Opalesque Roundtable Series – The Bahamas 2021

Since 2019, The Bahamas is the global leader in e-money when it launched its "sand dollar" - a digital version of the Bahamas Dollar and controlled by the central bank - effectively beating China&'s "digital

Blackstone leads €665m round for software developer Mollie

Blackstone Growth has led a $800m (€665m) series-C round for Netherlands-based e-payments software firm Mollie at a valuation of $6.5bn (€5.4bn).

Palladium Creates Position, Hires Business Development Director

Palladium Equity has added Meahgan O’Grady to its team as Director of Business Development, a newly-created position. Through her past work experience, Ms. O’Grady brings to Palladium numerous relationships across multiple channels, including development teams

Opalesque Exclusive: Despite a recent volatility, Portal AM's DeFi fund outperforms

It's been a rough few weeks for digital assets. In May alone, Bitcoin dropped from $58,000 to nearly $30,000...Article Link

AMB :- Opalesque Exclusive: Despite a recent volatility, Portal AM's DeFi fund outperforms

It&`s been a rough few weeks for digital assets. In May alone, Bitcoin dropped from $58,000 to nearly $30,000. Performance in other digital currencies has been mixed at best. Chinese regulators announced greater scru...Article Link

UK fintech Wise to go public in London direct listing

Money-transfer service, formerly known as TransferWise, has boomed during pandemic

OVL goes wide for $500m loan

ONGC Videsh, the overseas subsidiary of Indian state-owned Oil and Natural Gas Corp, has launched a $500m loan into general syndication. It is targeting a broad group of lenders for the fundraising, owing to lending

Tata Steel drills for fresh funds

Indian company Tata Steel has returned to the loan market. It is in talks with banks for a £200m ($276m) financing to support its UK business.

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