US fintech Aven’s valuation tops $1bn with latest $142m Series D capital raise
Summary of Aven's Series D Funding and Expansion PlansCompany: Aven, a credit solutions start-up based in San Francisco, US.
Series D Funding: $142...
Brazil’s Matera lands $100m investment from Warburg Pincus
Summary of Matera's $100 Million Investment from Warburg PincusInvestment Details:Total Amount: $100 million.
Investor: Warburg Pincus, a New York-based private equity firm.
...
Blue Owl Capital snaps up Atalaya Capital Management in $450m deal
Summary of Blue Owl Capital's Acquisition of Atalaya Capital ManagementAcquiring Company:Name: Blue Owl Capital.
Location: New York.
Assets Under Management (AUM): $174...
April names former Avantax exec Raj Doshi as new president and COO
Summary of April's Appointment of Raj Doshi as COOCompany Details:Name: April.
Location: New York.
Founded: 2021.
Specialization: AI-powered tax-filing solutions embedded with...
First Global Bank in Jamaica partners Profile Software for digital Finuevo Suite
Summary of First Global Bank's Partnership with Profile SoftwarePartnership Details:Entities Involved: First Global Bank (FGB) and Profile Software.
Objective: Implementation of Profile...
Bux sells UK subsidiary Bux Financial Services Limited to UAE’s Asseta Holding
Summary of Bux Holding's Sale of Bux Financial Services Limited (BFS)Entities Involved:Seller: Bux Holding (Netherlands-based).
Buyer: Asseta Holding (Parent company of APM...
Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering
Summary of Jordan Kuwait Bank's Launch of eliWalletEntities Involved:Jordan Kuwait Bank (JKB)
Mastercard
FOO (UAE-based fintech)Product Launched:eliWallet: A prepaid digital...
India’s Auxilo Finserve raises $33m to further support student community
Summary of Auxilo Finserve's $33 Million Funding RoundFunding Details:Total Raised: $33 million.
Major Contributor: LeapFrog Investments provided $30 million in guaranteed capital.
...
Digital challenger Inter promotes SVP Alexandre Riccio to Brazil CEO
Summary of Inter's Leadership Changes and StrategyLeadership Appointment:New CEO: Alexandre Riccio appointed as CEO for Brazil.
Focus Shift: Current group head Joao...
