London-based fintech Pollinate has closed a $50 million Series C round to propel further expansion in existing markets and into North America.
Trading giant eToro has confirmed reports that it is due to list via a $10bn SPAC deal. The Israeli fintech announced it would go public at a valuation of $10.4bn after merging with FinTech Acquisition Corp. V (FinTech V), a publically-traded SPAC run by American businesswoman Betsy Cohen. A SPAC (special-purpose acquisition company) is a way for companies to go public without going through all the hassle and expense of an IPO (initial public offering). Cohen founded Bancorp, a bank holding company based in Minneapolis, in 1999 and subsequently FinTech V, which raised $250m when it listed on the NASDAQ in December 2020. As part of the deal, eToro will […]
Australian investors lag behind the global trend for passive funds and are playing catch up on ESG, Calastone research shows
The shift in investor preference for passive funds over active funds continued inexorably over the last two years, Calastone research shows.
Scottish Equity Partners (SEP) has completed a significant growth equity investment in Glasgow-based fintech firm AutoRek.