Financing
Launch of the Northern Powerhouse Investment Fund II provides ยฃ660m boost for small businesses
The British Business Bank has launched its new Northern Powerhouse Investment Fund II, a ยฃ660m fund set to cover the entire North of England.
The Northern Powerhouse Investment Fund II (NPIF II), aims to build on the success of the...
Financing
Shaping Wealth Develops AI-Powered Behavioral Finance Assistant
Shaping Wealth, a company specializing in behavioral finance training and helping advisors understand the psychology of financial planning, has created an artificial intelligence-powered assistant to help advisors understand the emotional needs of their clients. The company developed Lydia, the...
Financing
PayPal Ventures Co-leads Qoalas $47 Million Series C Funding Round
Omnichannel InsurTech Qoala announced the completion of its Series C funding round, raising USD 47 million led by PayPal Ventures and MassMutual Ventures. The round was joined by MUFG Innovation Partners, Ohana Holdings and existing investors, Flourish Ventures, Eurazeo...
Financing
Visa and Taulia / SAP Partner to Drive Global Availability of Embedded Finance
Visa, a global leader in digital payments, and Taulia, an SAP company, and a leading provider of working capital management solutions, have announced a new partnership to make embedded finance accessible to businesses worldwide. The collaboration will incorporate Visaโs...
Financing
PayPal Ventures Leads NX Technologies โฌ 22 Million Series B Funding Round
NX Technologies, a fintech company that operates the automotive payment management platform bezahl.de announced that it has raised 22 million euros ($24,027,000) in series B funding, led by PayPal Ventures, the corporate venture arm of global payments and commerce...
Financing
MANTRA Completes $11M Round Led by Shorooq Partners to Accelerate RWA Tokenization
MANTRA ($OM), the Layer 1 blockchain for Real World Assets (RWA), has announced the completion of a new funding round. Top venture and technology investor in the MENA region, Shorooq Partners, led the $11M investment round. Additionally, a diverse...
Financing
BlackRock Buys SpiderRock as Worlds Largest Asset Manager Expands SMA Business
BlackRock (BLK) is set to expand its offerings in separately managed accounts (SMAs) as the firm announced a deal Friday to acquire the remaining stake in SpiderRock Advisors.
The world's largest asset manager first purchased a minority stake in SpiderRock...
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