FORWARD FEATURES CALENDAR

Finance & Insurance

Peach Finance secures USD20m in Series A finding led by Canapi Ventures

Peach Finance (Peach), a modern SaaS-based loan servicing platform, has raised USD20 million in a Series A funding round led by Canapi Ventures with participation from existing and new investors, SciFi VC, Caffeinated Capital, Nyca Partners and Moore Specialty Credit.  The funding will support Peach’s continued expansion within the growing

CDC backs African Private Credit with USD60 million commitment under new strategy

CDC Group, the UK’s development finance institution (DFI) and impact investor, has made a USD60 million commitment under its African Private Credit Fund Strategy, which aims to address a significant credit market dislocation and mid-market financing gap, a situation intensified by the Covid-19 crisis. CDC’s latest commitment covers two investments:

MODIFI raises USD24m in equity to create global trade management hub for SMEs

Global fintech MODIFI has raised USD24 million in a Series B funding round, which brings its valuation to more than USD120 million.  The round was led by new investor Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy’s leading banking group Intesa San

Sprinque raises EUR1.7m

Sprinque, an Amsterdam-based checkout platform for B2B merchants and marketplaces offering a SaaS payment solution tailored to businesses’ needs, has raised EUR1.7 million in funding from Volta Ventures, Force Over Mass and a renowned group of angel investors and payments industry executives. Sprinque built a digital checkout infrastructure to make

Gresham House acquires Mobeus VCT business

Gresham House, a specialist alternative asset manager, has agreed to acquire the Venture Capital Trust (VCT) business (GBP369 million AUM) of Mobeus Equity Partners (Mobeus). 

RPC advises Asta’s management team on sale to Davies Group

Leading international law firm RPC has advised the management team of Asta Capital Limited (Asta) on the sale of Asta to Davies Group Limited (Davies). Asta is the leading third party managing agency at Lloyd’s providing a range of solutions to Lloyd’s and non-Lloyd’s business across the insurance life cycle,

Cinven to make majority investment in True Potential

International private equity firm, Cinven is to make a majority investment in UK financial services group True Potential. Financial details of the transaction have not been disclosed. True Potential operates across the wealth management value chain, providing advice, investment platform and fund solutions to more than 1.4 million retail clients

L Squared completes acquisition of Sterling Trading Tech

L Squared Capital Partners has acquired  of Chicago-based Sterling Trading Tech (STT) from LLR Partners and other investors, a SaaS provider of financial technology for the global capital markets.  The investment represents L Squared’s fourth platform investment in Fund III, a USD505 million private equity fund that closed in September

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