EN zh-TW

newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

fintech / news / / Bloomberg

Digital wealth management platform FNZ Group Ltd. has raised $650 million in new equity funding from its institutional shareholders.

FNZ Group Ltd. raised $650 million in new equity from existing institutional shareholders.

KEY POINTS
Digital wealth management platform FNZ Group Ltd. has raised $650 million in new equity funding from its institutional shareholders, its second cash injection from major global investors this year. All existing institutional shareholders — Caisse de Depot et Placement du Quebec , Singapore’s Temasek Holdings Pte , Canada Pension Plan Investment Board , Al Gore ’s Generation Investment Management and private equity firm Motive Partners — participated in proportion to their ownership, Chief Executive Officer Blythe Masters said in an interview.
COMPANIES
Read the full story on Bloomberg → →
Share X LinkedIn

Summarized by Newsio from Bloomberg. How we summarize →

RELATED 03
business · news · 14h 136

Trump Media & Technology Group (DJT) has drawn fresh attention after recent share price swings.

  • Trump Media & Technology Group posted a net loss of US$1,086.15m on just US$3.73m revenue.
  • DJT's price-to-book ratio of 1.8x remains higher than the US industry average of 1x.
simplywall.st →
fintech · news · 2h 78

New York Stock Exchange issues a pre-market daily advisory direct from the trading floor.

  • ERock (NYSE: EROC) starts trading today following an IPO priced at $21.50 per share.
  • Couer Mining (NYSE: CDE) marks its acquisition of New Gold Inc. at today's NYSE Closing Bell.
PR Newswire UK →
genai · news · 15h 132

250+ corporate and financial institution leaders convene in Singapore as APAC payments market reaches ~US$18 trillion.

  • The Asia Pacific payments market has reached an estimated US$18 trillion in transaction value.
  • Bank of America spends over US$13 billion annually on technology, powering platforms like CashPro and Intelligent Receivables.
PR Newswire →