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Starling Bank completes internal fundraise of £130.5m
Starling Bank has completed an internal fundraise of £130.5m at a pre-money valuation of more than £2.5 billion
“This will enable us to continue our growth and to build a war chest for acquisitions. We are looking at a number of potential targets,” a spokesperson said.
Companies In This Post
- Why Trust Is the New Payments Differentiator | Payment Spayce | Sagicor Bank | The Paytech Show #85 Read more
- Pleo: Solving SMBs’ “Frankenstein” Finance Problem Read more
- Bajaj Life Insurance Launches ‘Bajaj Life Opportunities Fund’, Capturing the Growth Opportunities Read more
- Incore Invest Completes the Acquisition of CoreOrchestration and Establishes PaymentIQ as a Standalone Company Read more
- Sverica Capital Management Announces the Promotions of Michael Dougherty to Partner, Doug Patrican to Principal and Welcomes Matt Johnson Read more
Vantage Capital Leads R635m Investment Into SolarAfrica Energy
Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine debt fund manager, announced that it has made a R635m investment into Commercial Energy South Africa (“CESA”), a subsidiary of SolarAfrica Energy (“SolarAfrica”), a leading South African energy solutions provider, alongside co-investor, Greenpoint Capital. CESA holds commercial & industrial (“C&I”) solar and battery energy assets developed by SolarAfrica.
Confido Raises $9 Million to Scale Embedded Financial Infrastructure for Law Firms and LegalTech Platforms
Confido, the embedded financial infrastructure platform purpose-built for law firms and legal technology, today announced it has raised $9 million in financing over two rounds, the latest of which was led by Aquiline Capital Partners.
Presight–Shorooq $100M AI Fund Deploys Capital in Five Companies in its First Quarter
The Presight-Shorooq Fund I, a $100 million global AI innovation fund, has invested in five cutting-edge AI startups
Platinum Credit Uganda Secures $4 Million Funding Boost to Expand MSME and Low-income Financing Across Uganda
Platinum Credit Uganda, a subsidiary of The Platcorp Group, has secured $4 million in investment from Swiss asset manager Symbiotics to expand its financing for low-income households and micro, small, and medium enterprises (MSMEs) across Uganda.
Carey Olsen Advises Kavak on US$300 Million Equity Funding Round
Carey Olsen's corporate team in the Cayman Islands has advised Mexico-based online used car dealer Kavak on its US$300 million equity funding round led by Silicon Valley venture capital firm Andreessen Horowitz ("a16z").
Burst Raises $3m to Help Retailers Maximize FSA/HSA Spend While Lowering Consumer Health Costs
Burst (formerly Float), the healthcare payments platform that helps retailers and wellness brands unlock billions in untapped FSA and HSA spending, today announced it has raised $3 million in total funding, including a $2.1 million seed round led by Pear VC with participation from XX. The capital will accelerate product development and fuel partnerships with retailers, e-commerce brands, and plan administrators looking to capture more health spending.
Allica Bank Raises $155m Series D Round to Accelerate UK Growth and Tech Investment and Commence International Expansion
Allica Bank, the leading digital bank for SMBs, has announced a $155m Series D capital raise to fuel Allica’s continued lending growth
Why Trust Is the New Payments Differentiator | Payment Spayce | Sagicor Bank | The Paytech Show #85
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Pleo: Solving SMBs’ “Frankenstein” Finance Problem
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Bajaj Life Insurance Launches ‘Bajaj Life Opportunities Fund’, Capturing the Growth Opportunities
Bajaj Life Insurance, one of India’s leading private life insurers, today announced the launch of its New Fund Offer (NFO), the Bajaj Life Opportunities Fund (SFIN: ULIF011406/02/26BLOPNLC250116, Risk profile: Very High, Benchmark: Nifty Large Midcap 250). The fund is designed to provide investors with a strategic edge by combining the steady compounding potential of large-cap stocks with the higher growth potential of mid-cap companies. Available under Bajaj Life’s unit-linked insurance plans, the fund enables policyholders to pursue their long-term financial goals while benefiting from the dual advantage of life cover and professionally managed equity exposure.
Incore Invest Completes the Acquisition of CoreOrchestration and Establishes PaymentIQ as a Standalone Company
Private equity firm Incore Invest has completed the acquisition of CoreOrchestration AB from Worldline. Upon closing, the previously announced carve-out has now been finalised and PaymentIQ has been established as an independent standalone company under Incore Invest’s ownership. The purchase price amounts to approximately SEK 1.75 billion.
Sverica Capital Management Announces the Promotions of Michael Dougherty to Partner, Doug Patrican to Principal and Welcomes Matt Johnson
Sverica Capital Management, a leading growth-oriented private equity firm focused on the lower middle market, announced today the promotions of Michael Dougherty to Partner, Doug Patrican to Principal, and the hiring of Matt Johnson as a Principal.
J. Safra Sarasin Group Completes the Acquisition of Majority Stake in Saxo Bank
Safra Sarasin Group, a global leader in private banking and wealth management, has completed its acquisition of the majority stake in Saxo Bank, a prominent international FinTech bank serving investors, traders, and institutional partners. This transaction marks a significant milestone for both companies, enabling enhanced global potential and strategic growth.
CeFPro Advisory Board Appoints Escode GRC Solutions Lead Wayne Scott as Third-party Scrutiny Intensifies
CeFPro has appointed Escode’s Wayne Scott to its Advisory Board, as regulators step up scrutiny of operational resilience and third party risk across financial services.