companies - FinTecBuzz

Debite Launches to Fuel UK Start-up Growth

May 31, 20229 min

Built to solve cashflow management issues of underserved early-stage companies Launch follows £2.5m pre-seed round with products including easy-access loans and a corporate credit card Led by team of experts, founders and entrepreneurs from J.P. Morgan, Bain & Co. and Cleanzy The platform has over 100 start-ups on its pre-launch waiting list, with demand for over £1 million in credit Debite, the dynamic financing platform for early-stage companies, has today announced its UK launch with...

by PRNewswire

Insurance

Tower Hill Preferred and Tower Hill Signature Insurance Companies

May 30, 20223 min

With the launch of Tower Hill Insurance Exchange (Exchange) in January 2022 and the subsequent transfer of renewals this spring, Tower Hill Preferred and Tower Hill Signature Insurance Companies ceased accepting new business mid-February. As of May 16th, our renewals for these two carriers are rolling into Exchange. With the cessation of business flowing into Tower Hill Preferred and Tower Hill Signature, the next step in our strategic plan is to voluntarily withdraw the Financial Stability Ratings® of A, Exceptional,...

by BusinessWire

Investments

Copley Equity Partners Announces Investment in FMG Leading

May 30, 20223 min

Copley Equity Partners, LLC (“Copley”), a private investment firm focused on lower middle-market companies with strong growth opportunities, today announced that it has made an investment in industry-leading advisory firm FMG Leading (“FMG”). Terms of the transaction were not disclosed. Founded in 1984, FMG has been advising clients for three decades on building values-driven organizations. By accelerating leadership alignment, organizational performance and value creation, the firm has helped clients build the human capital capabilities required...

by PRNewswire

Blockchain

Nigeria to Launch IP Exchange Marketplace and Wallet, on Algorand

May 24, 20228 min

The Nigerian government has signed a 3-year exclusive IPR (intellectual property right) agreement with Developing Africa Group to launch a nation-wide wallet which will enable the international commercialization of all IP forms being created and registered within the country, both locally and internationally. In this context, the IPR exclusivity agreement consists in the government granting Developing Africa Group – a regional software development company – to build the country’s official platform for its people to...

by PRNewswire

Investments

Linqto Surpasses Fifty Thousand Investor members

May 23, 20224 min

Private investing made simple on Linqto Linqto, the Main Street investment platform for private technology market securities, announced a significant milestone in the company’s growth. With a 100% increase in the past four months, Linqto has doubled its private investment community to 50,000 members. Linqto’s growth has been driven by the increase in investors evaluating private markets as they look to diversify traditional portfolios allocations. Facing open questions on cryptocurrency drops, bear market, recession, and...

by PRNewswire

Crypto Currencies

Profitus Fund has invested 5 million dollars in Digitra.com

May 20, 20225 min

The new exchange will compete with the big global competitors and bring the innovative universe of cryptocurrencies to the traditional financial market.

by PRNewswire

Investments

Clearlake Capital Closes Seventh Flagship Private Equity Fund

May 19, 20228 min

Clearlake Capital Group, L.P. (“Clearlake“), an investment firm that focuses on technology, industrials, and consumer industries, announced today it has completed fundraising for its seventh flagship private equity fund, Clearlake Capital Partners VII (“Fund VII”), with more than $14.1 billion in commitments. With an initial target of $10 billion, Fund VII reached its hard cap and was significantly oversubscribed including commitments from the General Partner and affiliates. “It is gratifying to have the support of such a large...

by PRNewswire

Banking

Banking-as-a-Service Platform Unit Announces $100 Million Series C

May 18, 20227 min

Unit, the first banking-as-a-service platform to achieve unicorn status, announces its expansion into credit products. Unit, the leading banking-as-a-service platform that empowers companies to embed financial services in their products, today announced it has raised a $100 million in a Series C round led by global software investor Insight Partners, with participation from existing investors including Accel, Better Tomorrow Ventures, and Flourish Ventures. New investors Moving Capital and Stepstone also joined the round. The latest infusion of...

by PRNewswire

Blockchain

Mission 6 launches officially on National Technology Day

May 16, 20226 min

Mission 6 held its official company launch on National Technology Day along with the Austin Chamber of Commerce and the Austin Technology Council. Attendees included members from CBRE, Dell, University of Texas, Guaranty Bank, The Austin Chamber, Austin Technology Council, and DivInc, among other business leaders, sustainability professionals, investors and crypto experts. The Launch Party had a typical “Austin” flare being held at the local Still Austin Whiskey Co. featuring their unique cocktail menu and fusion Korean BBQ by local...

by PRNewswire

Blockchain

Dragonfly Capital Closes $650 Mn Crypto Venture Fund III

May 10, 20225 min

Firm to expand its global portfolio of early stage crypto and blockchain investments Dragonfly Capital (“Dragonfly”), a global crypto-focused investment firm, announced today the final closing of its third venture fund, Dragonfly Ventures III, L.P. (“Fund III”) with capital commitments from limited partners of $650 million, exceeding the Fund’s original target of $500 million. The oversubscribed fund was closed at its hard cap and received strong support from institutional limited partners including leading Ivy League endowments, KKR, Tiger Global,...

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