investment - FinTecBuzz

BlackRock to Acquire HPS Investment Partners

December 3, 202416 min

HPS Investment Partners is a leading global credit investment manager that provides creative capital solutions across $148 billion in client assets This combination creates an integrated private credit franchise with ~$220 billion in client assets Expected to increase private markets fee-paying AUM and management fees by 40% and ~35%, respectively Transaction structured for leadership continuity and alignment with BlackRock’s shareholders, with proceeds paid in BlackRock equity HPS leadership team will lead a new, combined business unit...

by PRNewswire

Compliance & Scoring

Themis announced the launch of Tathabbat

December 2, 20243 min

Themis, a global leader in financial crime prevention, announces the official launch of Tathabbat. This marks a significant step in Saudi Arabia’s compliance landscape, aligning with Vision 2030 and the country’s push to adopt world-class Know-Your-Finance (KYF) standards. Tathabbat aims to empower Saudi financial institutions and designated non-financial businesses and professions (DNFBPs) by offering state-of-the-art KYF/KYC tools and solutions. The venture will play a crucial role in bolstering the Kingdom’s anti-money laundering (AML) and counter-terrorist financing (CFT) frameworks, strengthening transparency and regulatory compliance as Saudi Arabia prepares...

by PRNewswire

Investments

Front Street Capital Management Selects SEI for Custody and Advisor Tech

November 29, 20245 min

Integrated Custody and Technology Solution Powers Connected Experience and Business Growth

by Binance Labs

Blockchain

Binance Labs Invests in Astherus to Boost DeFi Asset Yields

November 29, 20246 min

Binance Labs has invested in Astherus, a multi-asset liquidity hub dedicated to maximizing the real yield of crypto assets. By enhancing the utility of digital assets, Astherus empowers decentralized finance (DeFi) users with diverse opportunities to achieve sustainable profits and maximize returns. Astherus seeks to address inefficiencies in DeFi by focusing on maximizing the real yield of assets, offering sustainable and tangible returns while enhancing the utility and liquidity of digital assets within the ecosystem....

by GlobeNewswire

Investments

S64 to deliver alternative investment platform to AlTi Tiedemann Global

November 28, 20243 min

S64, the global alternatives fintech and solutions partner to the wealth management industry today announced that AlTi Tiedemann Global (“AlTi”), the leading independent global wealth manager, will utilise S64’s proprietary technology and product manufacturing in Europe and Asia. S64 will support AlTi to optimise operational efficiencies through platform management and digital distribution. AlTi is a leading independent global wealth manager providing entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders with fiduciary capabilities as well as...

by PRNewswire

Investments

Three New Advisors Team Up with Sowell Management in 3rd Quarter

November 28, 20246 min

The advisors, who head separate and distinct businesses under the Sowell umbrella, represent over $220 million in combined AUM

by BusinessWire

Compliance & Scoring

SolomonEdwards Acquired Dominion Advisory Group

November 28, 20245 min

Strategic integration will unlock new revenue potential and expanded market footprint for industry-leading consulting and solutions engineering firm

by PRNewswire

Investments

Agora Data Fuels United Consumer Finance with Innovative Funding

November 27, 20244 min

Agora Data, Inc., a leading consumer fintech company delivering cutting-edge technology, capital solutions, and robust loan performance analytics for the subprime to non-prime market, recently completed a $24 million transaction for United Consumer Finance, an indirect auto finance company that is aligning strategic resources for future growth. This innovative funding solution combines traditional refinancing structures with forward-flow arrangements, illustrating how finance companies can leverage access to capital and advanced AI-driven analytics to expand operations and increase profitability....

by PRNewswire

Platforms

Range Raises $28 Million Series B Led by Cathay Innovation

November 27, 20244 min

The new face of wealth management creates ai powered software to drive optimization; membership is increasing 20% MoM, Appoints Chris Davidson of House Call Pro as CTO

by PRNewswire

Platforms

LTX Partners with TransFICC to Boost Connectivity and Speed Onboarding

November 26, 20244 min

Sell-side clients benefit from simplified integration and connectivity to LTX, reduced operational risk and implementation costs and improved time-to-market

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