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Category: Fintech and Finance

Brookfield Asset Management holds €1.14bn of its first European core-plus real estate fund

Brookfield Asset Management has closed its first European core-plus real estate fund, with a total capital pool of €1.14bn. The fund exceeded the initial target of €1bn and was backed by a range of investors

AnaCap to buy majority stake of Market Pay in €300m deal

From: FinTech Global AnaCap Financial Partners has kicked off exclusive negotiations for the purchase of a majority stake in payment FinTech Market Pay in a deal worth roughly €300m. The private equity investor said it

RealBlocks bags $7m to boost user experiences across the alternative investment space

From: FinTech Global Alternative investment tech platform RealBlocks has secured $7m in a series A round led by Crosslink Capital. The WealthTech company will use the new cash injection to scale its business, engineering teams

AnaCap acquires fintech arm of Carrefour in €300m deal

The firm took a 60% stake in Market Pay, which handles 1.3 billion transactions per year and is expected to have sales of more than €30m this year

Sidetrade to back Hyman Capital’s private equity partners

From: FinTech Global FinTech Sidetrade has teamed up with merchant bank Hyman Capital help private equity clients adjust to Covid-19. The deal will see Sidtrade help the investment firm to assist its clients and private

Momeni Digital et al. in funding round for Bullfinch Asset

Momeni Digital Ventures, Elevat3 Capital and Germany-based energy company EWE have led a funding round for green asset management and project financing fintech Bullfinch Asset.

UBS to plug $200m into fintech start-ups in tie-up with VC firm Anthemis

UBS Next will develop a pipeline of technology innovation and a partnership network

Tenzing backs MBO of VIPR

Tenzing has invested in the management buyout of VIPR, a UK-based provider of insurance software.

iCapital Network celebrates reaching milestones in its European and Asian expansion efforts

From: FinTech Global Alternative investment FinTech iCapital Network is celebrating reaching a series of milestones in its expansion into the European and Asian markets. The WealthTech platform is created to drive access and efficiency in

Apollo Global Management investor faces backlash over Jeffrey Epstein ties

From: FinTech Global An investor who’ve previously backed FinTech companies is facing a revolt due to his ties with convicted sex offender Jeffrey Epstein. Leon Black is the chairman, CEO and founder of Apollo Global

Lunar raises €40m in series-C funding

Digital bank Lunar has raised €40m in series-C funding from existing investors.

Private equity investor Centerbridge Partners backs Syncapay’s acquisition of Wirecard North America

From: FinTech Global Syncapay has announced that it has bought Wirecard North America, marking another page in the story of the collapse of the scandal-ridden former FinTech giant. Wirecard imploded this summer after a suspected

Apollo sells Amissima Assicurazioni to Talanx

Apollo Global Management has sold Amissima Assicurazioni, the non-life insurance business of Italian insurer Amissima Holdings, to listed German insurance group Talanx.

Pension Insurance Corporation buys British Steel pension scheme in £2bn deal

British Steel went insolvent last year, endangering the pension savings of 30,000 people

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