Tag: Blackstone

Navigating the wealth management shift: Retail Investors are the new goldmine

The transformation in the wealth management landscape is undeniable. To achieve consistent double-digit growth in this maturing industry, the focus must shift towards retail investors. These investors are a vast reservoir of opportunity, yet they present a set of challenges that many in the wealth management realm may find unfamiliar.

Sphera unveils new tool for sustainable portfolio management

Sphera, an ESG firm, has recently launched its SpheraCloud Corporate Sustainability–Portfolio Management product. 

Resolution Life partners with Blackstone

Resolution Life, a global life insurance group, has partnered with asset manager Blackstone to bolster their life insurance and annuity offering.

Deal management platform Dealpath scores Series C round

Deal management platform Dealpath has closed its Series C round on $43m, as it looks to accelerate its global expansion efforts.

Logistics payments service PayCargo collects $130m

PayCargo, a logistics payments and data infrastructure platform, has collected $130m in a funding round from funds managed by Blackstone Growth.

CyberTech Pentera hits unicorn status

Automated security validation platform Pentera has raised $150m in its Series C investment round, which was led by K1 Investment Management.

Data management platform Canoe Intelligence extends its Series A

Canoe Intelligence, which is improving data management for wealth and asset managers, has extended its Series A funding round.

iCapital Network hits $4bn valuation after raising fresh investment

iCapital Network, which is helping to drive access and efficiency within the alternative investment sector, has received $440m in funding to hit a $4bn valuation.

FinTech unicorn Chainalysis doubles its valuation in just a few months

Chainalysis, a blockchain data platform, has closed its Series E round on $100m to bring its valuation to $4.2bn, just months after it was valued at $2bn in its Series D.

Newly created InsurTech Ki scores $500m investment

Newly established InsurTech startup Ki Insurance has landed a $500m investment from Tactical Opportunities, the opportunistic investment division of Blackstone.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week