Nordic Capital has bought a 9.96% stake in Stockholm-based Nordax Group, a niche lending bank listed on the Nasdaq OMX Nordic, with a call option that entitles it to an additional 5.04%.
Valar, Alven Capital and the European Investment Bank (EIB) back digital bank Qonto
Blackstone sells 20% stake in high-end, Milan-based fashion brand Versace to Michael Kors
Other participants in the funding round include GV, Boldstart Ventures and Heavybit
Insurance data software company will invest in product development as it scales internationally