Idinvest leads +Simple funding round amid company buying April Entreprise
+Simple, a startup aiming to help simplify insurance underwriting, has closed a €20m funding round amid the acquisition of wholesale broker April Entreprise.
+Simple, a startup aiming to help simplify insurance underwriting, has closed a €20m funding round amid the acquisition of wholesale broker April Entreprise.
Former JP Morgan banker Luke Lee has joined Sumitomo Mitsui Banking Corp’s Hong Kong office in a senior position.
CPI Ronghe Financial Leasing, a subsidiary of Chinese state-owned State Power Investment Corp, has increased its loan size to $250m.
Several experts in the fintech sector raised competition concerns following the announcement of Crowdcube’s acquisition of the remaining share capital of its rival Seedrs
Indian fintech Razorpay has become the country's latest unicorn after picking up $100m of venture capital and sovereign wealth fund financing.
The Bank of Japan has said that it will pay extra on the reserves it holds of banks that become more cost efficient or that merge. A similar policy could well be introduced in Europe
Market euphoria following news of Pfizer’s potential Covid-19 vaccine has helped underwriting banks dodge a likely loss on one of the hardest bridge loans to shift all year, with the bond now guided six points
Ant Group’s IPO suspension was a big blow to many: the fintech giant itself, the banks that worked on its mammoth transaction and the investors that were salivating to get a piece of the company’s
Malaysia’s RHB Banking Group has made two senior appointments at the firm.
The row erupted this week after an article in the New York Times alleged former Credit Suisse chief Tidjane Thiam was the victim of racism
Brook & Whittle, a portfolio company of Snow Phipps, has agreed to acquire sister companies Innovative Labeling Solutions and Wizard Labels. Brook & Whittle is a Connecticut-headquartered manufacturer of pressure-sensitive labels, shrink labels and medical
Plexus Capital has held a final above target close of Plexus Fund V LP with $502 million of capital. Like its earlier funds, Fund V will invest up to $40 million in profitable US-based companies
Latour Capital has acquired insurance broker Santiane from BlackFin Capital for an estimated €200m enterprise value, according to Capital Finance.
IK Investment Partners has agreed to buy a majority stake in Dutch insurance distribution platform You Sure Investments from Synergia Capital Partners.
IK Investment Partners has acquired a majority stake in Dutch insurance specialist You Sure from Synergia Capital Partners.
Banks and asset managers are adding 4,000 new jobs in Paris as a result of Brexit, which would lead to another 20,000 indirectly
Data and analytics platform for banks Fligoo has reportedly secured $40m in a funding round that will help it enter Brazil.
Kohlberg & Company has agreed to acquire a majority interest in Parts Authority, a distributor of automotive aftermarket parts, from The Jordan Company. Parts Authority (PA) is a distributor of nearly 500,000 SKUs of automotive
Dawn Capital has led a $20m series-B funding round for financial services optimisation platform Access Fintech.
