Progcap raises US$40 mn in investment round led by notable players

Creation Investments, a global alternative asset manager and leading impact investor in emerging markets, today announced it has led a US$40 million private equity investment in Progcap, a pioneer in corporate-led financing solutions for small and mid-size businesses (SMBs) in India. Existing investor Tiger Global Management is also leading this Series C extension investment round along with Google, a new investor. Existing investor Sequoia Capital India also participated. To date, Progcap has raised approximately US$100 million in equity and will...

Investment Platform Qooore Launches Paper Trading & Reveals New Name

Qooore, the social investment platform for Gen Z, today announces the launch of paper trading in its iOS app, enabling users to carry out risk-free trades based on insights from leading finfluencers. To mark this exciting new chapter in the company’s development, Qooore is also rebranding as Qure.Finance, while reaffirming its focus on becoming the leading investment platform for Gen Z, with a total addressable market of $84 bln. In addition to learning from trading...

Crowell & Moring Launches Crypto Digest

Crowell & Moring has launched Crypto Digest, a new blog focused on educating readers on the legal issues and the financial and operational risks relating to investing in and trading digital assets. The Crypto Digest provides investors with important guidance on the digital asset eco-system as they face increased regulatory oversight from the Financial Crimes Enforcement Network, the Securities and Exchange Commission and the Commodities and Futures Trading Commission. At a time when the market is constantly shifting...

First Trust Launches BUFQ

BUFQ provides access to a laddered portfolio of four FT Cboe Vest Nasdaq-100Ÿ Buffer ETFs, diversifying risk across time and market conditions BUFQ joins First Trust’s growing ETF “fund of funds” lineup which invest in Target Outcome FundsÂź First Trust Advisors L.P. (“First Trust”) a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched the FT Cboe Vest Fund of Nasdaq-100Ÿ Buffer ETFs (Cboe: BUFQ) (the “fund”). BUFQ is designed to provide equity...

Alexis Glick joins GAMCO Board of Directors

GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) a global leader in diversified financial services announced the appointment of Alexis Glick, a television personality and until earlier this year, the CEO of GENYOUth, a program to promote the health and well-being of public school youth, to its Board of Directors. Prior to GENYOUth, Glick helped launch the Fox Business Network, building on her experience as a news anchor and national correspondent on NBC’s “Today Show” and CNBC’s...

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