FundPark’s Post

London based VC Outward VC raises a second $51 million fund to invest in fintech #Outward VC, the London-based #VC firm specializing in #fintech, has secured £51 million in the first close of its second fund, backed by the British Business Bank (BBB) and other investors including family offices, financial institutions, and high-net-worth individuals. Founded in 2019 by Kevin Chong, Outward VC has a strong track record with investments in UK fintechs like Curve, Bud, and Vauban. Despite a challenging fundraising environment with rising interest rates and shifting investor priorities, Outward has managed to attract significant interest by focusing on fintechs with broad market appeal, including sectors connected to fintech such as healthcare benefits provider Peppy. Outward recently led a £1.7 million investment in Capsa AI, an AI-driven operating system for private equity funds, reflecting its continued emphasis on B2B fintech. The fund aims to reach £100 million by its second close, with the BBB ready to contribute an additional £20 million, matching private investor allocations, positioning Outward to continue supporting innovative fintech ventures in a competitive market. The article on Sifted in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW

📢5 of the most promising fintechs in the UK! Big investors may now be turning to riskier assets, but 2023 was a year of heightened risk aversion, and companies seeking venture capital (VC) funding had an uphill journey. Learn more 👉🏼https://lnkd.in/d2C5B6z9 #fintech #finServe

Another sign of the maturing #fintech sector is the increased activity of PE albeit it is not really a new phenomenon #embeddedfinance is one of the drivers of such interest as scale is critical for category winners. Also, I believe it is a pre cursor for more consolidation https://lnkd.in/emkAG_rA

🚀 Stay in the loop with FinTech Futures! 🔄 Don't miss out on the latest funding updates in the fast-paced world of finance. Check out our weekly In Case You Missed It (ICYMI) round-up featuring fundcraft Volta, Swypex, SAVR and more. Read here ⏬ http://spr.ly/6046jaX68 #FinTechNews #FundingRoundup #ICYMI

Fintech investors: Company raising late Seed Came across a fintech company that is raising - while I do some diligence, happy to connect them with other folks. B2C fintech, with a technological different that monitors transactions real time in a way I haven't seen before (patent granted). Doing 6 figures MRR, raising a late-seed style round. If of interest to learn more, shoot me an email at mike@mikemaccombie.com with the Exact Title: "Late Seed Fintech Company - Interested To Learn More"

Big congrats to FundPark, one of our portfolio companies, on securing a substantial increase of its debt facility from Goldman Sachs - upsizing it to US$500 million! Our CEO and co-founder, Mike Imam offered valuable insights to FF News | Fintech Finance about the deal:   "...Silverhorn has been an active investor in FundPark since 2018. We are delighted to see that FundPark has grown from strength to strength over the past years. These latest milestones are a testament to the strong vision and executional capability of the leadership team, a great example that showcases Hong Kong’s entrepreneurial talent pool.   FundPark’s success relies on Hong Kong’s role as a crucial hub for international trade and global financial centre; without this, its achievements would not have been possible. This goes beyond just financial assistance; the favourable regulatory environment empowers FundPark to expand its operations on a larger scale, unlocking more business opportunities..." With a strong presence in the region, especially in the Greater Bay Area, FundPark is uniquely positioned to benefit from the rapidly growing eCommerce sector. Looking ahead to the coming year, we anticipate further developments and milestones from FundPark as they solidify their position as the leading player in Asia for digital SMEs. Once again, congratulations to FundPark and Anson Suen on this significant achievement as well as Nicola Dondi and the entire Goldman Sachs team for their continued support! #privateequity #fintech #SMEs #financialinclusion #funding #lending #hongkong #solutionprovider 

Exciting insights into the future of Fintech! Learn more about our newest portfolio startup Lesslie in this interview with the CEO, Gunnar Rytterling. 🚀 Lesslie is charting a course to make a lasting impact on import and export trading SMEs, and their journey so far has been nothing short of impressive. From innovative solutions to a commitment to reshaping the industry, Gunnar shared how their vision goes beyond just financial transactions; it's about empowering businesses and fostering global trade. 🔗 Read the article now at https://lnkd.in/d-Asxa_7 #foreverforward #investment #vc #nordicmade #fintech #fintechinnovation

Moneyview Raises $30 Million Through Private Debt Placement to Fuel Expansion and Growth. Moneyview, a leading fintech platform, has announced that it has successfully raised $30 million in debt financing through a private placement. This significant infusion of capital will fuel the company’s growth initiatives and strengthen its position in the Indian market. The debt financing round was led by Goldman Sachs Asset Management and Morgan Stanley Investment Management, with participation from Ares Management. The funds will be used to expand product offerings, increase lending capacity, and enhance technology infrastructure. Moneyview has experienced rapid growth in recent years, gaining popularity for its innovative financial products and services. This latest funding round underscores the company’s strong financial performance and investor confidence. #startup #startupnews #business #moneyview #funding #investment #finance #financial #products #services #technology #growth #expansion #post

The shares that flooded the market were gobbled up by ICICI Prudential, ACM Global Fund, Astorne Capital, and Tara Emerging Asia Liquid fund. The block deal comes only days after brokerage Equirus Securities launched coverage on Zaggle with an INR 400 price objective, a 30% increase over the stock’s last closing on May 3. . Avinash Godkhindi . To read more info check out this link: https://buff.ly/3WxbkaZ . Follow us for more information: Business Outreach . . #businessoutreachmagazine #BusinessOutreach #shares #Fund #Securities #price #market

Prosper Shows Demand for New Way in Wealth Management and Kicks Off Crowdfund as St James's Place Faces FTSE Exit “The investment universe has moved on,” said Ricky Knox. “There are less than half the number of public companies than there were 30 years ago, and over 85% of all US companies with more than $100m in revenue are not listed on the stock market. And yet the investment products we put money into haven’t changed for most people!” “Unless you’re ultra wealthy you can’t access these potentially higher-yielding private investment opportunities. We want to give our members that access, levelling the playing field for everyone else.” https://lnkd.in/deN4rqNd Nick Perrett Phillip Bungey #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews