Allocations
Fabric RQ, a startup founded by veteran risk manager Richard Bookstaber to provide institutional quality risk management software to individual investors through their financial advisors, has closed a seed round led by Pandeavor Ventures, Vikram S Pandit’s family office, and John P Arnhold, managing member of Arnhold LLC.
SoftWorks AI (SoftWorks), provider of the Trapeze intelligent mortgage automation platform, has closed of a minority growth investment led by Long Ridge Equity Partners (Long Ridge), a private investment firm focused on the financial and business technology sectors.
CBC Companies (CBC), a holding company whose subsidiaries include Factual Data, DataVerify and Byte Software, also participated in the round. The investment will enable the Company to continue to expand its technological leadership and footprint in this important market.
“SoftWorks has consistently been at the forefront of AI-based mortgage automation, and our partnership with Long Ridge and CBC will allow us to
Founder and Lightning, a company that helps non-specialist, commercially minded business leaders to develop and scale new tech ventures, has secured a GBP1.5 million loan to invest in a new generation of tech trailblazers.
The funding will also help to support the company’s white-label platforms, which are used to enhance a start-up’s functionality without incurring the cost of developing single-use systems.
The business works with entrepreneurs who lack the specialist knowledge to launch new tech companies and products in sectors such as fintech, edutech and medtech. In the past five years, it has helped to build 25 companies, with
Recruitment specialist Hays has partnered with specialist tech provider Odro to give over 1,800 recruitment professionals across the UK and Ireland access to video interviewing and engagement technology in a multi-year partnership.
The contract was confirmed earlier this month following a successful pilot programme which saw Odro roll out its award-winning platform to a team of 250 recruitment consultants over a three-month trial period. It’s a significant win for Odro and comes just two months after the company announced an impressive GBP5.2 million cash injection from UK investor, BGF.
Odro CEO Ryan McCabe says: “We’re absolutely delighted to be working
Objectway, Global Top 100 fintech leader in the Digital Wealth and Asset Management software, has acquired Die Software Peter Fitzon GmbH (DSW), a primary German provider of Core Banking solutions.
Manchester venture capital investor Praetura Ventures has secured a GBP15 million commitment from British Business Investments, to further support early-stage businesses and the ‘levelling up’ of funding in the regions.
Praetura Ventures will use the funding from British Business Investments, alongside its EIS funds and angels, to back even more companies in the future and provide company founders with everything they need to develop products, services and future-focused businesses.
British Business Investments, a commercial subsidiary of the British Business Bank, is making the commitment through its Regional Angels Programme, which seeks to address geographical imbalances around early-stage equity finance.
Overall global fintech funding across M&A, PE, and VC deals soared to a new high in H1 2021, according to KPMG’s Pulse of Fintech, a bi-annual report on fintech investment trends.
Dry powder cash reserves, increasing diversification in hubs and subsectors, and strong activity across the world contributed to the record start to 2021, with funding increasing from USD87.1 billion in H2’20 to USD98 billion in H1’21.
Fintech valuations remained very high in H1’21 as investors continued to see the space as attractive and well-performing – a likely driver in the explosion of unicorn births with 163 created in the
Phystech Ventures, a VC firm that has been investing in deeptech since 2013, has prepared a comprehensive analysis on the performance, main trends, and key players in the industry, titled the “Deeptech Outlook 2021”.
Objectway, a global specialist in the Digital Wealth and Asset Management software, announced today the acquisition of Die Software Peter Fitzon (DSW), a primary German provider of Core Banking solutions.
Founded in 1990, Objectway provides leading financial institutions with state-of-the-art technology to support their digital transformation programmes, supplying front-to-back, intelligent and cloud-ready solutions that power up customer engagement, front-office productivity and back-office operational efficiency. Die Software is a leading provider of Core Banking solutions in German-speaking Europe, with more than 35 years of market presence. Its complete, open and modular platform fulfils the needs of prominent private banks,
Kartesia, a European provider of capital solutions for small and mid-sized companies, has provided a financing solution to mid-market private equity firm Sovereign Capital Partners (Sovereign) for two bolt-on acquisitions for its portfolio company, Bioscript.
Founded in 2005 and based in Macclesfield, Bioscript is an independent agency offering medical communications, strategic consultancy, regulatory communications and health economics and outcomes research to top-50 global pharmaceutical, biotechnology and medical device companies. The company primarily utilises its base of experienced and qualified staff to provide high quality writing and other outsourced services to the end client.
Kartesia’s GBP20 million credit facility will support
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
