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venturebeat.com April 20, 2021

Mantl Raises $40M To Help Legacy Banks Transition To Digital

Mantl, a startup developing a platform to bring legacy banks online, has raised $40 million in venture capital funding. : Mantl, a New York-based digital account-opening solution for legacy banks and credit unions, today announced that it closed a $40 million series B funding round. The company says it’ll use the capital to hire new talent and expand its product suite, with a particular eye toward developing solutions that improve and digitize the onboarding experience for businesses. It’s estimated that community banks and credit unions make up 95% of all banking institutions.
Read by 64% of LPs

prnewswire.com 14 hours, 45 minutes ago

Walker & Dunlop Investment Partners Adds Managing Director To Investments Team

BETHESDA, Md., April 21, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that Walker & Dunlop Investment Partners, Inc. (WDIP), the company's wholly owned alternative investment manager focused on middle-market commercial real estate investments, has hired Marcus Duley as...
Read by 60% of LPs

vcaonline.com 23 hours, 10 minutes ago

Mantl Raises $40M Series B Led By Alphabet's Capitalg To Take On Legacy Banking Infrastructure

MANTL Raises $40 Million Series B Led By Alphabet's CapitalG to Take on Legacy Banking Infrastructure Fintech firm's revenue grew 2.1X in 2020 as market forces galvanize digital transformation across the banking sector NEW YORK, April 20, 2021-- MANTL, a leading digital account opening solution for banks and credit unions, today announced $40 million in Series B funding, bringing total funding to $60.7 million. The investment was led by Alphabet's independent growth fund, CapitalG, with participation from D1 Capital Partners, BoxGroup and existing investors Point72 Ventures, Clocktower Technology Ventures and OldSlip Group.
Read by 52% of LPs

vcaonline.com 23 hours, 20 minutes ago

Tcg Crossover ("tcg X") Raises Inaugural $824M Fund

PALO ALTO, Calif., April 20, 2021-- TCG Crossover ("TCG X"), in partnership with The Column Group, has raised an inaugural $824 million fund focused on crossover and public investments in the life sciences. The oversubscribed fund attracted an array of premier investors including university endowments, family offices, pension funds and sovereign wealth funds. TCG X invests exclusively in innovative drug discovery companies that are seeking to make an impact on unmet medical needs. By leveraging its relationship with The Column Group and its Science Partners, the firm adds extensive scientific and operating expertise to its portfolio companies.
Read by 71% of LPs

finance.yahoo.com April 20, 2021

Kessler Topaz Meltzer & Check, Llp Announces A Securities Fraud Class Action Filed Against Credit Suisse Group Ag (cs)

RADNOR, Pa., April 20, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Credit Suisse Group AG (NYSE: CS) ("Credit Suisse") on behalf of those who purchased or acquired Credit Suisse American Depositary Receipts ("ADRs") between October 29, 2020 and March 31, 2021, inclusive (the "Class Period").
Read by 38% of LPs

finance.yahoo.com April 20, 2021

Is Wbs Stock A Buy Or Sell?

In this article we will check out the progression of hedge fund sentiment towards Webster Financial Corporation (NYSE:WBS) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have access to expert networks and get tips from industry insiders. They also employ numerous Ivy League graduates and MBAs.
Read by 79% of LPs

prnewswire.com April 20, 2021

Fusion92 Takes On Investment Partners To Fund Acquisitions And Fuel Organic Growth

CHICAGO, April 20, 2021 /PRNewswire/ -- Fusion92 today announced it received a strategic investment from Austin-based middle market private equity firm, Serata Capital Partners ("SCP") in partnership with Boston-based family office Landon Capital Partners ("LCP"). Locally based Wintrust...
Read by 40% of LPs

finance.yahoo.com April 20, 2021

Credit Suisse Halts Star Trader's Fund Launch On Risk Concerns

(Bloomberg) -- Credit Suisse Group AG paused the launch of a credit fund run by star trader Hamza Lemssouguer as it dials back risk in the aftermath of the twin implosions of Archegos Capital Management and Greensill Capital, according to people familiar with the decision.The pause marks a shift for Credit Suisse, which last year lured Lemssouguer back from Ken Griffin's hedge fund Citadel and gave him a new role overseeing the launch of a credit strategy in the asset unit.
Read by 68% of LPs

forbes.com April 20, 2021

Welcome To The Last Illegal 420

In 1971, a group of high school students invented a numerical code for stoners that has grown into the ultimate high holiday. Fifty years later, federal legalization for marijuana is no longer a pipe dream--and cannabis is poised to become America's next $100 billion industry.
Read by 64% of LPs

dailymail.co.uk April 20, 2021

Boris Johnson Will Meet Officials Today After Vowing 'do Everything' To Stop European Super League | Daily Mail Online

The Prime Minister described the new midweek competition, which includes six leading English clubs among the founders receiving up to PS300million each when it starts, as 'ludicrous'.
Read by 72% of LPs