Capital on Tap secures £750m in funding facilities to boost UK and US SME lending
The company has secured two funding facilities, including a £550m master trust facility with BNP Paribas and Citi.
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The company has secured two funding facilities, including a £550m master trust facility with BNP Paribas and Citi.
Broadridge’s solution will help BNP Paribas to “identify, file and recover investment losses”.
BNP Paribas, BNY, Citi, Clearstream, Computershare, JP Morgan and State Street participated in the raise.
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In September, LendInvest also increased its funding agreement with JP Morgan by £500 million.
The EPI previously launched Wero in Germany in July, and will also target Belgium this year.
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BNP Paribas anticipates the deal will boost its AUM to €40 billion.
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AXA says the proposed deal will “create a leading European asset manager” with total AUM of €1.5 trillion.
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The pair will also work to “explore innovations in tokenised deposits for global treasury management”.
The bank will gain access to “current and future Mistral AI commercial models”.
Neuflize Vie was founded in 1990 as part of a joint venture between AXA and ABN Amro.
BNP Paribas will deploy Lenvi’s Riskfactor product portfolio in eight countries across Europe.
The solution is set to launch commercially in H1 2024 and will be led by CEO Guillaume Massis.
The increase builds upon a £165 million deal made with BNP Paribas and M&G Investments in July.
At Sibos 2023, we spoke with Camille Papillard of BNP Paribas about whether T+1 will be a good fit for everyone.
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The move follows a strategic review of Orange’s banking business launched several months ago.
CobaltFX was acquired by United Fintech in late 2022 and subsequently relaunched earlier this year.
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BNP Paribas Cash Management will deploy Worldline’s Account Validation solution.
The solution will enable large corporates to provide payment alternatives to their business customers.
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The sale builds on a strategic partnership between Kantox and BNP Paribas inked in 2019.
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BNP Paribas’ head of global markets Olivier Otsy says Anthemis has a “strong track record” in fintech investments.
BMO describes the acquisition as the “natural next step” in its North American growth strategy.
“The payment card market is undergoing a huge transformation,” says BNP’s head of cards.
Panel says interoperability of CBDCs is necessary to avoid inefficiencies and poor outcomes.
The transaction management platform is set to launch in November 2022.
Digital transformation firm plans to expand globally this year and beyond.
The implementation is part of an extended deal with BNP Paribas.
BNP Paribas Leasing Solutions specialises in financing solutions for professional equipment.
The work of banks, regulators and governments has kept things calm, says Jean Lemierre.