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Sanctuary Wealth | June 17, 2022
Sanctuary Wealth, home to the next generation of elite advisors, is pleased to announce the launch of a customized alternative investments platform for its partner firms, that streamlines the complexities of managing alternative investments across their full investment life-cycle. With our new platform, Sanctuary Wealth becomes the first hybrid RIA to offer this kind of digital access to alternative investments, where everything has been sourced and vetted by...
Morgan Stanley | April 08, 2020
Australian challenger bank 86 400 has closed a $34 million Series A round, taking total equity capital to $90 million as it aims to build a $2 billion mortgage book. The raise, led by international investment bank Morgan Stanley, is one of the largest Australian fintech Series A rounds to date and includes investment from an Australian superannuation fund, fund managers, high net worth individuals and family offices. To date, 86 400 has more than 170,000 accounts on its platform and sees more th...
FUNDING, WEALTH MANAGEMENT
Tally | October 04, 2022
Tally, the financial automation company that pioneered a new approach to addressing the nation’s $900 billion credit card debt crisis, announced today that it has raised $80 million in Series D funding, led by Sway Ventures with participation from Menora Mivtachim. Previous investors Kleiner Perkins, Andreessen Horowitz, Shasta Ventures and Cowboy Ventures also took part in this round. Tally will use the funding to continue to grow the business and further expand its automated debt pay-dow...
CORE BANKING
Rev, Searchlight Capital and Netspend | August 08, 2022
Rêv Worldwide, Inc., an international fintech company, and Global Payments, a leading worldwide provider of payment technology and software solutions, announced that Rêv, in partnership with funds advised by Searchlight Capital Partners, L.P., has entered into a definitive agreement to acquire the Netspend consumer business from Global Payments in an all cash transaction valued at $1 billion. The acquisition brings back Netspend’s founders, Roy and Bertrand Sosa, who also found...
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