LCR Capital Partners

FINTECH

United Fintech | November 23, 2021

As a first transaction in a multi-stage acquisition towards full ownership, United Fintech has acquired a 25% stake in London-based FairXchange (the “Company”) for an undisclosed amount in a transaction integrating the Company, its products and employees onto its digital platform. Trading firms use FairXchange’s state-of-the-art analytical tools to facilitate data-driven dialogue with their counterparties, bringing clarity and transparency to execution performance through the p...

FINTECH

Credit Suisse | July 06, 2021

Credit Suisse will collaborate with Klara on new open banking alternatives. Both firms have been focusing on developing solutions and providing value for their corporate clients, such as seamlessly sharing payment information and online credit applications. According to the announcement, private clients of Credit Suisse will be able to begin digital payments through a one-time opt-in process as a result of the cooperation. These customers can then connect the...

Sila | April 09, 2020

Sila, the banking and API payment platform set up by former Simple co-founder Shamir Karkal, has closed a $7.7 million seed funding round. The round is co-led by VC firms Madrona Venture Group and Oregon Venture Fund, with support from Mucker Capital, 99 Tartans, Taavet Kinrikus, CEO & Co-founder of Transferwise, and investor & entrepreneur Jerry Neumann. Sila launched its Infrastructure-as-a-Service (IaaS) platform in April 2019 to help companies integrate their business applications wi...

FUNDING

California Mortgage | January 06, 2022

California’s mortgage relief program for homeowners is now easily accessible as it started releasing and accepting applications online. The program will benefit tens of thousands of struggling homeowners. The program is arranged to repay overlooked mortgage payments or reverse mortgage arrearages during the COVID-19 pandemic. Homeowners can obtain information on eligibility requirements and apply methods at CaMortgageRelief.org. The California Mortgage Relief Program aims to...