Mercer Global Advisors, Inc (Mercer Advisors), a national Registered Investment Adviser (RIA), has acquired Lake Point Wealth Management, LLC dba Lake Point Advisory Group (Lake Point), a wealth management firm located in Dallas-Fort Worth, Texas.
Resistant AI, a SaaS-based AI and machine learning security company that protects financial services from manipulation, fraud and financial crime, has secured USD16.6 million in Series A funding. GV (formerly Google Ventures) led the Series A, with participation from existing investors Index Ventures (led by partner Jan Hammer), Credo Ventures
Scorechain, a provider of crypto risk-AML and compliance solutions, has closed a pre-Series A funding round of EUR2 million led by Tioga Capital (Luxembourg) and followed by Blockrocket (Germany) and CVVC Crypto Valley (Switzerland).
Global tax software provider Sovos is to acquire Digital Planet, which provides cloud compliance solutions for continuous transaction controls (CTCs), including e-invoicing, e-receipts, e-delivery note and e-ledger. Upon completion of this acquisition, Sovos will expand its Istanbul-based product development center of excellence in support of a growing base of channel
As part of a new partnership with AirPortr – a digital platform and provider of intelligent baggage management solutions – Swiss International Airlines (SWISS) is now offering passengers departing from Geneva Airport the option of having their baggage collected at home through the AirPortr service. By booking online, SWISS passengers
British satellite scale-up Satellite Vu, founded in 2016, has successfully raised GBP15 million (USD20.7 million), as it looks to ramp up its plans to launch seven thermal and infrared imaging satellites into space that will be able to provide real-time data on how green every building on the planet is.
Alorsfaim, a Paris-based e-grocery company specialising in authentic and high-quality Asian food, has raised EUR4 million in seed funding, enabling the fast-growing start-up to continue its rapid expansion across the vast Asian community in France and Europe. The round was led by iFly.vc with participation from Cathay Innovation and Goodwater
Lafayette Square has selected Allvue Systems to provide its front-to-back-office solution. Lafayette Square is an impact investment platform founded by Damien Dwin that is working locally to create an inclusive American economy. By investing capital and services locally, Lafayette Square aims to drive impact outcomes specific to the local community.
A new study (1) reveals over half (53 per cent) of professional investors believe that over the next two years, institutional investors will look to dramatically increase the level of diversification in their portfolios, and a further 40 per cent think there will be a slightly greater focus on this.
Genstar Capital and existing investor GI Partners have recapitalised Daxko, a health, fitness, and wellness industry software and integrated payments provider. The investment supports Daxko’s accelerated innovation in product development, customer support, sales and marketing, and strategic acquisitions. Daxko provides mission-critical membership management software and integrated payment solutions to
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