Tag: investment
UK fintech Revolut marks Latin America debut with Brazil launch
Revolut, a UK-based fintech firm, has launched in Brazil, marking its first venture into Latin America. The company will offer customers a multi-currency account,...
Deutsche Bank acquires Numis in £410m deal to build out UK investment banking arm
Deutsche Bank is set to acquire UK independent investment bank Numis in an all-cash deal worth £410m, as it aims to build out its...
Algorithmic currency system Array raises $10m
Algorithmic currency system, Array, has secured a $10 million investment from Temasek Family in its second round of funding, valuing the company at over...
South Korea’s Kakao Pay eyes majority stake in Siebert
South Korean fintech Kakao Pay has acquired a 19.9% stake in US-based financial services firm Siebert Financial Corp for approximately $17 million, with plans...
Schroders slashes valuations of UK neobanks Revolut and Atom Bank
Schroders Capital Global Innovation Trust, which holds a stake in Revolut, has devalued its investment by 46%, suggesting that £12bn ($15bn) could be wiped...
Platform One snaps up £1bn worth of assets from SIPP operator Gaudi
UK-based investment platform Platform One has acquired Gaudi Trustees Limited, along with £1bn ($1.4bn) worth of assets managed by Gaudi Limited, a self-invested personal...