What is Initial Public Offering (IPO)?
The Initial public offering (IPO) is when a company issues common stock or shares to the public for the first time. It is the process by which a private company can go public by sale of its stocks to general…
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Greencare Capital plc makes investment in Voyager Life Limited
LONDON: Greencare Capital, the investment company focused on investing in medicinal cannabis and related areas, has agreed to make an equity investment of £100,000 in Voyager Life Limited, as part of a £741,000 fund raising by Voyager. This is the…
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YCharts forms partnership with United Planners Financial Services
CHICAGO: YCharts has formed a new partnership with United Planners Financial Services, a news release said. United Planners’ more than 450 affiliated financial advisors will have access to YCharts’ tools to research investment opportunities, build portfolio strategies, and communicate insights…
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Sean O’Connell appointed President and CEO of Securian Asset Management
ST. PAUL: Securian Asset Management Inc. announced that Sean O’Connell will succeed David Kuplic as president and CEO of Securian Asset Management—and chief investment officer for Securian Financial—on July 1, 2021. Kuplic is retiring after 17 years of service with…
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Mastercard to invest $100 million in Airtel Africa’s mobile money business
LONDON: Airtel Africa announced the signing of an agreement under which Mastercard, a leading innovator and global technology company in the payments industry, will invest $100m in Airtel Mobile Commerce BV, a wholly owned subsidiary of Airtel Africa plc. AMC…
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Ofcom ramping up rollout of full-fibre broadband
LONDON: Millions of homes across the country are set be upgraded to faster, more reliable broadband, under new regulations announced today by Ofcom that will help shape the UK’s full-fibre future. The coronavirus pandemic has underlined the importance of a…
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Madison Realty Capital originated more than $1.5 Billion in transactions during 2020
NEW YORK: Madison Realty Capital (MRC) completed more than $1.5 billion in financing, originations and performing and non-performing note purchases in 2020, ranging from $4.9 million to $173 million, a news release said. The firm closed a total of 23…
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Dubai Financial Market posts net profit of AED 137.9 million in 2020
DUBAI: Dubai Financial Market Company (PJSC) announced its results for the financial year ending 31 December 2020, posting a net profit of AED 137.9 million, a 14% growth compared to AED 120.6 million in 2019. Total revenues increased 7% to…
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FastForward Innovations makes investment in South West Brands Limited
LONDON: FastForward Innovations Ltd has invested £250,000 in South West Brands Limited, a London-based, group that is seeking to establish itself as a multi-brand consumer goods group developed specifically for the CBD industry. The Investment is by way of a…
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Intraco makes investment into Chongqing Liangjiang Sino-Singapore Fintech Rmb Equity Investment Fund
SINGAPORE: The Board of Directors of Intraco Limited has entered into a limited partnership agreement in relation to the investment of RMB 5 million (approximately S$1 million) into the Chongqing Liangjiang Sino-Singapore Fintech RMB Equity Investment Fund to be made…
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Argo Blockchain co-leads investment in Luxor Technologies, will inject $0.1mn
LONDON: Argo, the leading cryptocurrency miner based in the UK, will co-lead an investment in Luxor Technologies, a hashrate management platform. As part of the deal, Argo will invest $100,000 USD into Luxor. Luxor intends to use the capital to…
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Asimilar Group makes further investment in Magic Media Works
LONDON: Asimilar Group plc announced a further investment of £298,204 in to Magic Media Works Ltd (MMW) via a subscription to 298,204 loan notes of £1.00 each. Interest will be paid on the loan notes at 5%, payable annually in…