Tag: Warburg Pincus
US buyout giant Warburg Pincus has reportedly plans to invest more than $220m to expand its new Israeli credit card portfolio company Leumi over the next five years.
US buyout giant Warburg Pincus has decided to bring in a trio of strategic partners amid completing its ILS2.5bn $690m purchase of Israel-based credit card services provider Leumi Card.
Private equity-backed Swiss FinTech major Avaloq has launched a new venture capital subsidiary to boost startups in the sector.
OnlinePajak, a provider of tax compliance solutions in Indonesia, has raised over $25m in Series B funding.
Assent Compliance, a provider of supply chain data management software, has received over $100m (CAD$130m) in funding.
Facet Wealth, which provides technology-enabled financial planning services, has raised $33m in Series A funding.
Warburg Pincus has agreed to buy Leumi Card from Bank Leumi and Azrieli Group in a deal valued at NIS 2.5bn ($684m).
Vivtera, a business process management company, has launched its services alongside its partnership with private equity firm Warburg Pincus.
Ant Financial, the payments affiliate of China’s Alibaba Group, has reportedly been valued at $150bn following a $10bn funding round.