Financials
Synova-backed Fairstone acquires Chiltern House
Synova committed £25m to the development of Fairstone in 2016, drawing equity from Synova III
Ripplewood in exclusive negotiations to buy Fidor Bank from BPCE
French bank BPCE mandated advisers to sell the Germany-based digital banking platform in 2018
DN Capital, Kreos et al. in €11m round for Bnext
Investment is an extension of the €22.5m series-A round raised by Bnext in October 2019
Ardian buys Finaxy from Equistone
Sale ends a six-year holding period for Equistone, which owned a stake of around 80% in the company
D1, Lone Pine et al. invest $319m in Transferwise
Founded in 2011, TransferWise is a London-based international money transfer service
Centerbridge Partners exits Cepal to Alpha Bank
Alpha Bank, which already owned a 40% stake in Cepal, acquires full control of the company
Primomiglio, CDP Venture, Innogest in €5.8m round for Sardex
Fondazione Sardegna and Nice Group also take part in the investment to support the company's growth
Global Founders, Picus invest in £12m round in Selina
Global Founders Capital closed its most recent fund on €150m in March 2013, according to Unquote Data
BlackRock et al. back €50m round for Scalable Capital
HV Holtzbrinck and Tengelmann also back the digital asset manager's largest funding round yet
Anthemis leads €5m round for Goin
K Fund, Encomenda, Atresmedia, Hard Yaka and TA Ventures also take part in the funding round
Montagu's Universal Investment buys CapInside
Montagu acquired the asset manager from Berenberg and Bankhaus Lampe in 2016 via its fifth fund
Bridgepoint's Cyrus Group buys V2A Patrimoine
Bridgepoint bought a minority stake in the asset and wealth management consultancy in March 2020
Milaya in £15m round for Lanistar at £150m valuation
Established in 2019, the London-based company has 45 employees, with plans to triple its headcount
Neva Finventures leads €3m round for Yolo
Primomiglio, Banca di Piacenza, Intesa Sanpaolo Vita, Be Shaping the Future and CRIF also take part in the round
Synova-backed Fairstone acquires Mantle Financial Planning
Synova committed £25m to the development of Fairstone in 2016, drawing equity from Synova III
Northzone leads £20m round in Wagestream
Wagestream's platform allows clients' employees to access their pay cheque at any time of the month
S7V and Presight back Penta's €4m series-B extension
In March 2020, Penta raised €18.5m from HV Holtzbrinck, RTP, ABN Amro, VR Ventures and Finleap
Searchlight-backed GRP acquires Premier Choice
Searchlight Capital bought a majority stake in GRP in February 2020 from Penta Capital
HV Holtzbrinck leads €60m round for SolarisBank
Existing investors including Lakestar, Yabeo and ABN Amro Ventures also back the banking platform
Royalton-backed Certasig goes under - report
Royalton acquired a majority stake in Certasig in 2007 via its Royalton Capital Investors II fund
Equistone-backed FirstPort to merge with Mainstay
Hampshire-based FirstPort recorded a turnover of £28.9m for the year-ending in December 2018
Consortium in €20m series-A round for Memo Bank
Company also announces it has been given the seal of approval to be a fully-fledged bank
Eurazeo-backed Planet acquires 3C Payment
Planet is said to pay between the high millions and low tens-of-millions-of-euros on an acquisition
Seventure, Vostok lead $10m round for TransferGo
Venture capital firms Hard Yaka, Revo Capital and Bootstrap Europe also participate
