1. Home
  2. Fintech and Finance

Category: Fintech and Finance

Goldman Sachs traders mock CEO’s ‘cringeworthy’ cameo on TV show ‘Billions’

Chief executive David Solomon rebuffed the main character's offer to buy Goldman's Marcus online banking product

Inflexion invests £1.5m in Lavatech

Inflexion Private Equity has invested £1.5m in Lavatech, the developer of legal app InCase.

Osceola Closes First Fund

Osceola Capital has held a hard cap and above target close of its inaugural fund with an oversubscribed $125 million of capital. Limited partners in the new fund include public pension plans, financial institutions, a

One Equity Partners appoints former CEO of controversial FinTech startup Mozido as new operating partner

The former boss of beleaguered mobile payments and commerce company Mozido has joined private equity firm One Equity Partners as its new operating partner. R. Todd Bradley will take up the role after having served

Livingbridge invests in Irish insurance business

The investment in Chill Insurance is the second deal announced by the mid-market firm this month in the country

Square buys VC-backed payment app Verse

San Francisco-based Square, a financial services and mobile payments platform, has acquired VC-backed payment app Verse.

Wall Street banks just edged out Europeans in their one post-2008 holdout

Dealmaking on their own turf was one area where European banks managed to retain market share — until now

Livingbridge invests in Chill Insurance

Livingbridge has invested in insurance broker Chill Insurance.

Gemspring Closes Fourth Therma Add-On

Therma Holdings, a portfolio company of Gemspring Capital, has acquired Gilbert Mechanical Contractors. Gilbert is Therma’s fourth acquisition since being acquired by Gemspring in June 2017. Gilbert is a provider of mechanical, electrical, plumbing, controls,

New Partner at Fulcrum

Fulcrum Equity Partners has promoted Philip Lewis to partner. Mr. Lewis joined Fulcrum as an analyst in 2007. “We’re proud to announce Philip’s well-earned promotion to partner. Philip has grown tremendously both professionally and personally

Genstar Capital exits final shares of property insurer Palomar

Genstar Capital has exited its remaining stake in specialty property insurer Palomar Holdings, after helping it reach a $2bn in market capitalisation.

Banks must be held to high standards in public

The green bond market lets investors scrutinise the way issuers use their money, promoting good behaviour. Now, the focus is turning to the middle men: the banks. It is a welcome iteration, given their importance

Wellspring’s New Platform Builds Platforms

Wellspring Capital has acquired Steele Solutions, a supplier of structural steel systems used in distribution, fulfillment, and sortation centers. Steele Solutions (SSI) designs and fabricates superstructures, mezzanines, elevated work platforms, equipment platforms, stair towers, catwalks,

Pacific Insurance takes next step with London GDR listing

Shanghai-based China Pacific Insurance (Group) Co has issued its “intention to float” on the London Stock Exchange, firming up the deal size and the syndicate group on the listing.

Searchlight buys majority stake in UK’s second-largest independent insurance intermediary, Global Risk Partners

The UK's second-largest independent insurance intermediary Global Risk Partners has picked up backing from Searchlight Capital Partners through a majority stake buy.

IFC shifts ESG focus onto banks with new dealer scorecards

The International Finance Corporation (IFC) has launched the first systematic process by an issuer to formally integrate environmental, social and governance (ESG) considerations into choosing its bookrunners. Senior funding officials and sustainability bankers have welcomed

China’s 58.com eyes $3bn for take-private, but loans bankers prove reluctant

Chinese online marketplace 58.com is seeking a $3bn loan for its take-private from the Nasdaq. The company is relying on Chinese banks to raise the money, but several told GlobalCapital Asia they were not interested.

Kinderhook Closes First Chemtron Add-On

Chemtron Corporation, a portfolio company of Kinderhook Industries, has acquired Vexor Technology, a provider of non-hazardous waste processing services and alternative energy products. The buy of Vexor is the first add-on acquisition for Chemtron since

Banking, booze and cigarettes

There are many reasons to like Hong Kong, despite the goings-on in the city these days. I should know, having lived here for many decades.

Health insurance, corporate wellbeing engagement platform Tictrac gets Puma Private Equity backing

Puma Private Equity has led a $7.5m investment into Tictrac, the a wellbeing engagement platform provider used by health insurance customers and corporate employees.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.