The African Development Bank has signed a $50m line of credit agreement with Nigeria's First City Monument Bank (FCMB) to bolster access to finance for small and medium-sized enterprises (SMEs) and “women-empowered” business (WEBs).
CrowdStreet, an online real estate investing platform, has scored $43m in equity and debt capital.
xalts, an investment management platform supporting the digital asset ecosystem, has raised $6m in funding.
Axyon AI, an AI provider for the asset management market, has scored €1.6m in a funding round headed by Fondo Rilancio Startup.
CNote, a women-led impact platform on a mission to close the wealth gap, has raised $7.25m in its oversubscribed Series A round.
Ethic, a sustainability-focused personalisation-powered asset management platform, has closed its Series C round on $50m.
Hazeltree, a treasury and liquidity management technology platform for the alternative asset and investment management space, has secured $14m in strategic funding.
Direct-to-consumer investing platform Yieldstreet has closed a $400m credit facility from Monroe Capital.
Following her retirement, tennis star Serena Williams’ has said she will focus on her venture capital firm Serena Ventures, which backs a variety of companies including FinTechs and InsurTechs, many of which are owned by women and people of colour.
MerQube, which offers technology for indexing and rules-based investing, has raised $8m in funding.