financial services industry - FinTecBuzz

IEQ Capital Welcomes Stone Point Capital as Strategic Partner

January 20, 20235 min

IEQ Capital, LLC (“IEQ”), a leading independent wealth management firm and alternative investment solutions provider in the U.S. with over $18.3 billion in RAUM, announced today a strategic minority growth investment from funds managed by Stone Point Capital LLC (“Stone Point“), a leading private equity firm focused on investing in businesses within the global financial services industry. Founded in 2019, IEQ provides its clients with a combination of high-touch wealth advisory and family office services, and a...

by FTB News Desk

Business Tools Financial Software

Tez Financial Services Becomes the First Pakistani Startup to Raise $1.1 Million in Seed Round Led by Omidyar Network

October 19, 201819 min

Tez Financial Services, the first fully digital Non-Bank Microfinance Company (NBMFC) in Pakistan, today announced that it has raised USD$1.1 million in a seed round led by Omidyar Network, the impact investment firm established by Pierre Omidyar, the founder of eBay. Other investors on this round include Accion Venture Lab, the seed-stage investment initiative of global nonprofit Accion, and Planet N. Funds will help the company build its credit portfolio, enhance its mobile technology platform, and secure the company’s NBMFC license. You can learn more about the challenge,...