BIMA, a Stockholm-based provider of digital health and insurance technology services in emerging markets, has raised $30m from Chinese fintech investor CreditEase Fintech Investment Fund (CEFIF) and existing backers Leapfrog Investments and Allianz.
FinTech startup Mollie has closed a €90m Series B funding round led by growth investor TCV, taking the total raised by the company to €115m.
Laxman Pai, Opalesque Asia: Total fintech investment in EMEA declined significantly, given the lack of mega M&A deals. During H1'20, the region saw $4.6 billion in fintech investment, said a study. VC investment in ...Article
Macquarie has launched a €200m infrastructure fund alongside global insurer MAPFRE and financial advice and asset management firm Abante.
Afinum has acquired Switzerland-based instant messaging software company Threema.
KICTeam, a portfolio company of Inverness Graham since May 2020, has acquired Teknipure, a maker of c. Teknipure is a manufacturer and distributor of products used to prevent, control, and remove contaminants from cleanrooms and
When the bottom fell out of the oil market earlier this year, even sending prices briefly negative, it was not only a shock. Banks would be wise to treat it as a portent of things
Fallout from fintech's fall from grace spreads as prosecutors prepare lawsuits
Longshore Capital Partners has closed its debut private equity fund, Longshore Capital Fund I LP, with total and oversubscribed capital commitments of $203 million. The new firm was formed earlier in 2020 by LaSalle Capital
O2 Investment Partners has hired Shyam Shah as the firm’s newest associate. Mr. Shah will be responsible for evaluating new transactions, due diligence, underwriting, and working with O2’s portfolio companies. Prior to joining O2, Mr.
Hong Kong-based private equity firm PAG is reportedly selling toy company Young Toys to a consortium led by MiraeN in a deal worth $127m. Speaking with investment banking sources familiar with the deal, Korean Investor
Imperial Capital was the financial advisor to GPI Prototype & Manufacturing Services on its just closed sale to FATHOM, a portfolio company of CORE Industrial Partners. GPI uses direct metal laser sintering (DMLS) – a
Swedish fintech company Open Payments has raised €3m in a seed round led by Industrifonden.
A consortium of corporate and venture capital investors, including new investors Helvetia Venture Fund and Swiss e-commerce company QoQa, has participated in a €4.6m funding round for Switzerland-based banking app Neon.
CMA gives green light after concluding the UK's fintech scene has plenty of competition for non-card e-payments
Arlington Capital Partners has agreed to sell Centauri to publicly traded KBR for $827 million in cash. Centauri is a provider of engineering, intelligence, cybersecurity and advanced technology to intelligence and national defense agencies for
Law firm Lowenstein Sandler has just published a report, Getting Paid: A Look at Representations & Warranties Insurance, that explores whether insurances companies actually pay reps and warranties (R&W) claims. According to Lowenstein Sandler the
Global Brain has led the extension of series-A funding round for Element Insurance, a German white-label digital insurance provider, by an additional €10m, taking the total to €39m.
Hong Kong-based FinTech Neat has topped up its Series A round with a $4m extension, bringing the total raised in the round to $15m.
