4+ day, 2+ hour ago   (310+ words) What's the deal? Biorsaf, a Tuscany-based company that digitises food safety and quality processes, has raised €5.2 million and acquired Cooki, a Bologna-based platform for managing food information. The round was led by P101 SGR, with participation from existing investors Maia Ventures,…...

5+ day, 19+ hour ago   (251+ words) What's the deal? Colombian fintech Kala has issued COP 195,000,000 million (roughly $63 million) in securities backed by its loan portfolio, its first issuance under a new securitisation programme with a total ceiling of COP 1 trillion. The tranche was structured by Titularice…...

5+ day, 21+ hour ago   (226+ words) What's the deal? FinQuery has acquired Innervision from IRIS Software Group, establishing a dedicated UK operation. Financial terms were not disclosed. What each side brings: FinQuery runs what it calls an Intelligent Subledger Platform, helping accounting teams track what they…...

6+ day, 58+ min ago   (231+ words) What's the deal? UK real estate credit firm Pluto Finance has surpassed £500 million of commitments for its flagship lending fund, Lending Vehicle VIII, as the strategy expands into continental Europe. The details: The evergreen development and property lending fund focuses…...

1+ week, 4+ day ago   (224+ words) What's the deal? National Professional Planning Group Inc. (NPPG) is acquiring ProManage LLC, a Chicago-based managed account and financial wellness app provider with $4.33 billion in assets under management as of July 31. Terms, agreed on August 24, were not disclosed. What changes?...

1+ week, 5+ day ago   (307+ words) What's the deal? Airwallex has named the first cohort of Latitude 37, awarding a combined $1 million in equity-free grants to 10 emerging Australian AI startups. Each company receives $100,000 plus access to the fintech's global network and immersion visits to San Francisco and…...

1+ week, 6+ day ago   (230+ words) What's the deal? The British Business Bank has extended its funding facility with Compass Business Finance to up to £45 million, supporting the Kent-based lender's growth and its onward lending to UK SMEs. Who they are: Founded in 2005, Compass is an…...

2+ week, 3+ day ago   (279+ words) What's the deal? Pasqal, a French neutral-atom quantum computing company, has completed its business combination with Bleichroeder Acquisition Corp. II, a special purpose acquisition company (SPAC). The merged entity, Pasqal Holding SA, expects to begin trading on Nasdaq on August…...

2+ week, 4+ day ago   (346+ words) What's the deal? Bridge, the Citi-backed lending platform, has launched a $500 million direct lending fund to finance consumer brands and suppliers fulfilling purchase orders for major US retailers. It can cover up to 100% of eligible production costs tied to expected…...

2+ week, 4+ day ago   (318+ words) What's the deal? Vanguard Group has agreed to acquire Altruist, a California-based provider of software for registered investment advisers, in a cash deal worth $4.6 billion. Vanguard initiated the process; Altruist was not seeking a buyer. The $12 trillion investment firm will…...