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Financial

SoftBank’s Fan finds new role

Colin Fan, previously a managing partner at the investment management subsidiary overseeing the SoftBank Vision Funds, will assume an adviser position at the unit.


Jan 26, 2021

Citi supports diverse founders

Clerkie, Ketos, MedHaul, Perch, Shift, Superpedestrian and Vyv have all received funding from the banking group’s $200m Impact Fund.

Jan 26, 2021

NGL inherits Everplans

Transamerica, Aegon and Reinsurance Group of America have exited the inheritance planning platform developer in a purchase by National Guardian Life.

Jan 26, 2021

UZH produces seven spinout in 2020

University of Zurich has generated 143 spinouts since 1999, 75 out of which were founded in the past decade.

Jan 26, 2021

Melio gets $110m payment

The American Express and Salesforce-backed billing settlement platform developer has bolstered its valuation to $1.3bn through the latest round.

Jan 26, 2021

Corporates help stick $50m in iStox

Singapore Exchange and Tokai Tokyo Financial Holdings both took part in a series A round for iStox, owner of a digitised security offering trading exchange.

Jan 25, 2021

Analysis: Rivian drives a $2.65bn round

Before the commercial release of Rivians’ electric vehicles (EV) this year, Amazon has returned to back the company in a round valuing it at $27.6bn. The EV space is among the hottest in the automotive business and valuations have remained high despite the cyclical nature of demand for vehicles.

Jan 25, 2021

Trovata treasures $20m series A

Wells Fargo Strategic Capital led the financial analysis software provider’s latest ound, investing alongside backers including Capital One Ventures.

Jan 25, 2021

Decisive Point adds investments to advisory work

Government-focused advisory Decisive Point has set a $10m target for the corporate venturing fund it is raising.

Jan 24, 2021

Plaid accelerates with FinRise

The accelerator has been set up by the banking software provider to back underrepresented minority founders.

Jan 24, 2021

Elinvar covets fresh funding

FinLeap and Talanx Ampega have returned to back a $30.4m round for their joint venture, which helps wealth managers digitalise business processes.

Jan 22, 2021

Quantifind uncovers $22m

S&P Global and Snowflake have invested in a round that boosted the financial risk management software provider's overall funding to more than $74m.

Jan 22, 2021
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