21st January 2020
Funds advised by YFM Equity Partners have backed a £5.6m investment into Unbiased EC1 Limited to support the continued growth of the team and its financial advice marketplace. YFM’s investment comes from its two advised VCTs, British Smaller Companies VCT plc and British Smaller Companies VCT2 plc, alongside YFM Equity Partners Growth II LP.
Unbiased is the leading online platform for connecting millions of people to the trusted financial specialists across Financial Adviser, Mortgage Broker and Accountancy markets.
20th January 2020
The membership of the Association of Investment Companies (AIC) has elected Gay Collins and Francesca Ecsery to the board of the AIC.
13th January 2020
GP Bullhound, a leading technology advisory and investment firm, has acted as financial exclusive advisor to EcoVadis on a USD200M growth investment from CVC Growth Partners – the largest transaction in the ESG space, and the largest equity fundraising in France in Enterprise Software to date.
3rd December 2019
NatWest is partnering with Moneypenny, the world’s largest and highest rated outsourced communications provider, to bring the 900 entrepreneurs it supports through its Accelerators exclusive access to tools and advice that will help them to grow and develop their businesses.
26th November 2019
Independently owned corporate finance adviser, Castle Corporate Finance, is a proud sponsor of the Scale-Up category at the Lloyds National Business Awards.
25th November 2019
Co-founders Julien Sevaux and Tarek AbuZayyad have launched Eighteen48 Partners, a research-led private investment office addressing the needs of professional investors, sophisticated families and institutions.
The new firm has already secured over $600m in assets under management from its founders and a group of prominent strategic investors, many of whom are shareholders, clients and advisors of the firm. As advisors they provide specific asset class, industry and geographic expertise and contribute directly to the sourcing and evaluation of investment opportunities. John Singer, former Managing Partner of private equity firm Advent International, is representing strategic shareholders on the Eighteen48 board.
22nd November 2019
Startup Funding Club has led a £250,000 seed round into fintech company Ember. The accounting software startup strives to make business simpler for contractors and SMEs by automating the entirety of the business administration and tax process.
Ember believes in an economy powered by small business and is creating a future where independent workers and companies can thrive without the need for an accountant. Its software helps businesses manage their financial obligations by automating the entire accounting process from bank transaction through to tax submission. Ember allows its users to see all the relevant numbers in one central feed – and even replaces technical terms for language that is easy to understand.
21st November 2019
Capitolis, the innovative FinTech company reimagining and reshaping how the global capital markets operate, has announced the successful completion of its Series B round of $40 million, led by Spark Capital and SVB Capital. Existing investors, Index Ventures, Sequoia Capital and S Capital also participated in the round, bringing the total capital raised to date to $70 million. The investment will support Capitolis’ next phase of rapid growth, including the expansion of its technology platform, functionality and product offering.
18th November 2019
18th November 2019
Envestors has announced that the banking giant Santander has acquired a 50.1% controlling stake in Ebury for £350m. This has provided several members of the Envestors private network huge returns on their original investments and placed Ebury firmly on the path to becoming the first Envestors unicorn portfolio company.
7th November 2019
Santander has bought a majority stake in UK-based Fintech company Ebury for £350m. The bank now holds 50.1 percent in Ebury, a trade and foreign exchange facilitator for small and medium-sized companies. The Angel CoFund first invested in Ebury in its seed round in 2012 and has invested £1.3m in total across four funding rounds. The firm retains a shareholding of Ebury.
5th November 2019
New data from leading global insights platform, Atheneum, has revealed that only one in four (25 percent) global finance experts expect consumer confidence in their countries to improve over the next six months, with UK experts highlighting the continuing uncertainty around Brexit as a key factor.