Financials
Index, Balderton et al. invest $7m in Credit Benchmark
Credit Benchmark has now raised $34m and provides aggregated ratings for 22,000 institutions
BBVA and Anthemis launch London-based fintech incubator
Project will look to support companies from start-up thorugh to their seed funding rounds
Alpana invests CHF 6m in Lend
Geneva-based VC firm supports European startups with international expansion strategies
Inflexion's ITM bolts on Faraday Tracing Bureau
Deal is the first bolt-on for the financial services IT and software company under the GP's tenure
Blackstone, Goldman invest €100m in Prima Assicurazioni
Co-founders Alberto Genovese and Teodoro D’Ambrosio will retain a majority stake in the company
Ardian buys Opteven
Capzanine reinvests in the business alongside the management and retains a minority stake
Corviglia holds first close on $250m
Vehicle was registered in Luxembourg in July 2018 and is targeting a final close on $500m
Inception invests €7m in Penta
Investment comes just eight months after a €2.2m seed round also led by Inception
Three Hills Capital invests €60m in ACT Group
Three Hills injects €60m in ACT Group, a market maker in environmental energy products
Värde injects £60m into Masthaven
Funding will enable the UK-based bank to increase its lending and develop new services
Swiss crypto bank SEBA raises CHF 100m
Black River Asset Management, Summer Capital and a host of other investors took part in the round
Palladium buys Enclude
Deal is expected to expand Palladium's expertise, allowing Enclude to scale efforts and impact
Toscafund leads €33m series-C for Liqid
Existing investors Project A, HQ Trust and DvH Ventures also take part in the latest financing
Apollo partially exits Evo Banco
Deal does not include the sale of Evo Finance, the group's financial arm in Spain
PE to acquire Moldova Agroindbank stake from government
HEIM Partners intends to acquire the shares from the Moldovan goverment in a public auction
VC-backed Funding Circle seeks up to £1.8bn in IPO
No existing lenders have exercised the option to sell their shares in the upcoming flotation
Dawn, DN Capital leads $15m series-A for Divido
Deal marks the first investment for Dawn Capital since closing its $235m fund Dawn III
Qualium backs Parella
GP invested alongside Parella's managers and employees to accelerate the company's growth
Atomico et al. back LendInvest in $39.5m series-C round
Atomico, GP Bullhound and Tiger Management back property finance online platform LendInvest
Blackstone to acquire €1bn stake in Luminor
Transaction represents one of the largest M&A transactions in Baltic regional history
Livingbridge backs £2.5m series-A for Equipsme
Health insurance company Axa PPP provided company with initial seed funding earlier in the year
NextStage AM acquires Atream
Atream now manages more than €1.5bn in assets, mainly in the tourism real estate sector
GIC et al. in $100m round for Acorn OakNorth
Latest funding round values the digital challenger bank at around $2.3bn, three years after inception
Augmentum and Investec in $60m series-B for Monese
Latest round brings the total amount raised by the UK-based challenger bank to $76m