investment services - FinTecBuzz

PayPal and KKR Announce Exclusive Multi-Year Relationship

June 20, 20237 min

KKR to purchase up to €40 billion of eligible current and future PayPal Pay Later loans originated in Europe PayPal expects to allocate approximately $1 billion to incremental share repurchases this year; updated outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023 PayPal Holdings, Inc. (NASDAQ: PYPL) and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which private credit funds and accounts...

by PRNewswire

Investments

Clearwater Analytics Announces Europe & Asia Client Award Winners

June 15, 20234 min

Beazley, Convex, Esure, FWD Group and 10th Bridge Exemplify Operational Excellence in Investment Accounting

by BusinessWire

Investments

Discover Launches $36 Million Mission-Driven Investment Fund

June 14, 20234 min

Discover Bank has launched a new mission-driven investment fund, the Discover Financial Health Improvement Fund, to support startups and early stage technology companies who are developing solutions to improve the financial health of low- and moderate-income people, communities, and small businesses. Discover Bank has made an initial capital commitment of $36 million. “We continually explore innovative ways to support our communities in which we operate and creating the Discover Financial Health Improvement Fund is a...

by BusinessWire

Investments

Franklin Templeton Launches Franklin Income Focus ETF (INCM)

June 12, 20235 min

The actively managed multi-asset ETF is now available on NYSE Arca for U.S. investors

by PRNewswire

Investments

Citi urges consumers to be vigilant against investment scams

June 9, 20233 min

Global financial institution Citi is urging consumers to remain vigilant following a spate of scams that have used the company’s branding to deceive unsuspecting New Zealanders. Citi provides a range of financial services to institutional, government and corporate clients but does not offer products or services to individual retail customers in New Zealand. In recent months, criminals have used the branding of legitimate financial institutions and banks, including Citi, to entice victims into fake investments. Criminals...

by BusinessWire

Investments

BlackRock, Inc. to Acquire Private Debt Manager Kreos Capital

June 8, 20237 min

Accelerates growth of BlackRock’s Credit platform with a complementary acquisition providing clients with access to growth and venture debt lending strategies

by PRNewswire