Tag: Ares Management

FundPark raises $71m to fuel AI-powered eCommerce growth

Hong Kong-based FundPark, a technology company pioneering an AI-driven platform to help eCommerce firms grow faster, has raised $71m in new financing to accelerate its expansion and further develop its ‘Scale-Up as a Service’ model.

Digital identity firm ID.me secures $275m financing from Ares Management

ID.me, a digital identity wallet provider, has secured a $275m credit facility from Ares Management, a global alternative investment firm.

Sunbit, a FinTech pioneer, bags $310m from Citi and Ares to...

Sunbit, an acclaimed pioneer in the FinTech industry, recently announced a major milestone, securing a $310m debt warehouse facility.

Avant secures $250m corporate debt from Ares

Avant, a credit-first FinTech company, has received $250m in corporate debt and redeemable preferred equity from Ares Management Alternative Credit funds.

Nuula raises $120m in funding comprised of debt and equity

Nuula, which helps companies manage their cashflow, has collected $120m in a funding round comprised of debt and equity.

Ares Management to pay $1m for allegedly breaking rules about misuse...

From: RegTech Analyst Los Angeles-based private equity firm Ares Management has been forced by the Securities and Exchange Commission (SEC) pay $1m to settle...

LightPoint raises Series A from Citco and Ares

LightPoint Financial Technology, a trading and risk platform, has closed its Series A on an undisclosed amount.

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