Swiss bank UBS has agreed to buy Wealthfront, a U.S.-focused automated wealth management provider with more than $27bn in assets under management, in an all-cash deal the two companies said was worth $1.4bn. The acquisition of Wealthfront, which has more than 470,000...
Bolt, a checkout technology firm, continues to acquire new financing quickly. According to sources close to the company, Bolt raised $355m in Series E funding on Friday, valuing the company at $11bn. Bolt’s one-click checkout seeks to provide businesses with the same...
A leading challenger bank and the world’s biggest bond fund manager are among the parties vying to carve up Kensington, the specialist mortgage lender. Sky News has learnt that Starling Bank is bidding against Barclays and another high street lender to buy...
GTCR, a leading private equity firm founded in 1980, today announced the recent closing of its first Strategic Growth Fund with $2.0bn of limited partner capital commitments. The new fund, which launched fundraising in August 2021, was raised from investors in prior...
Fidelity Investments led a funding round for Brazilian digital lender Creditas in a private fundraising that valued the firm at $4.8bn, making it one of Latin America’s most valuable financial upstarts. Creditas raised $260 million in a Series F financing round led by... 