Investment & Financing

Dubai International Financial Centre achieves 2024 Strategy targets ahead of schedule with record 3,292 companies registered in first half 2021

2021-09-08 20:15 4437

DUBAI, UAE, Sept. 8, 2021 /PRNewswire/ -- Dubai International Financial Centre (DIFC), the leading international financial hub in theMiddle East, Africa and South Asia (MEASA) region, has delivered continued strong growth in H1 2021, with the result that it has achieved its 2024 Strategy growth t...

Mercurity Fintech Holding Inc. Announces US$5 Million Private Placement

2021-09-08 18:00 10426

BEIJING, Sept. 8, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. ("MFH" or the "Company") (Nasdaq: MFH), today announced that three investors, TEAO TECHNOLOGY CO., LIMITED, GUANRUI TECHNOLOGY CO., LIMITED and XUAN YING CO., LTD, have agreed to purchase a total of 571,428,570 ordinary shares ...

Big Data Exchange (BDx) Announces Strategic Partnership with NOVA TECH to Meet Growing Cloud Demands Across the Asia-Pacific

2021-09-08 06:05 5090

HONG KONG, Sept. 8, 2021 /PRNewswire/ -- Big Data Exchange (BDx), a pan-Asian data center cluster, announces that it has partnered withNOVA TECH to provide customized cloud services and additional bandwidth options in itsChina and Singapore data centers. NOVA TECH focuses on providing valuable cl...

TRADE X Announces Acquisition of Automotive Export Company Techlantic Ltd.

2021-09-07 21:00 8104

The B2B automotive trading platform adds Techlantic, an expert in trade financing and wholesale automotive trading, to its global group of companies TORONTO, Sept. 7, 2021 /PRNewswire/ -- Trade X Group of Companies Inc. (TRADE X), a global B2B cross-border automotive trading platform, today annou...

Future FinTech Signs Definitive Agreement to Purchase UK Money Payment Service Company

2021-09-07 20:00 8720

NEW YORK, Sept. 7, 2021 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that onSeptember 1, 2021, the Company signed a d...

Shutterstock Acquires PicMonkey, A Leading Creative Design Platform

2021-09-07 19:00 8816

The acquisition provides Shutterstock's global customer community with professional-grade, easy-to-use design tools NEW YORK, Sept. 7, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and applications ...

Carrier Finalizes Acquisition of Guangdong Giwee Group, China-based HVAC Manufacturer

2021-09-07 18:30 5762

CHARLOTTE, N.C., Sept. 7, 2021 /PRNewswire/ -- Carrier today announced it has completed the acquisition of the remainder of Guangdong Giwee Group (Giwee Group) and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. The acquisition follows Carrier's announcement ...

Apax Funds and Warburg Pincus to acquire T-Mobile Netherlands

2021-09-07 14:18 3370

LONDON, Sept. 7, 2021 /PRNewswire/ -- Funds advised by Apax Partners LLP ("Apax"), a leading private equity firm, and Warburg Pincus LLC ("Warburg Pincus"), a leading global growth investor, have today agreed to acquire T-Mobile Netherlands Holding B.V. ("T-Mobile" or the "Company") from Deutsche...

Toku Raises USD 5 Million Series A to Help APAC Businesses Accelerate Digital Transformation Plans

2021-09-07 10:00 3288

SINGAPORE, Sept. 7, 2021 /PRNewswire/ -- Toku , Asia Pacific's only dedicated cloud communications provider, today announced completion of a $5 million Series A funding round. Delivery Hero-backed DX Ventures led the round, with participation from exi...

Sasser Family Companies Acquires Singapore-Based Intermodal Tank Container Lessor: Falcon Lease

2021-09-07 07:55 4714

SCHAUMBURG, Ill. and LONDON and SINGAPORE, Sept. 7, 2021 /PRNewswire/ -- Sasser Family Companies (Sasser) announced that it has finalized an agreement to acquireSingapore-based global container lessor Falcon Lease Holdings Pte Ltd and its group of companies. This acquisition expands Sasser's tr...

Inspiration Capital Partners announces Investment in Beijing Loving Care International Pet Medical Center

2021-09-06 15:32 4165

SHANGHAI, Sept. 6, 2021 /PRNewswire/ -- Inspiration Capital Partners ("ICP") today announced an investment in Beijing Loving Care International Pet Medical Center ("Loving Care"). Founded in 2013, Loving Care is a leading premium specialty pet healthcare chain, focusing on providing high quality...

Trade Ledger supercharges business loan approval speeds, delivering 90% reduction in 'time to yes' in ScotPac asset finance pilot

2021-09-06 07:01 3125

* Real-time platform delivers quick approval turnaround, reducing decision times from days to hours * Fully digital experience transforms SME business funding for businesses and their advisors * 300% growth in asset finance business volume achieved since implementation * Lending-as a-se...

SIMBA Chain Raises $25 Million in Series A Funding

2021-09-04 09:35 4018

SOUTH BEND, Ind., Sept. 4, 2021 /PRNewswire/ -- SIMBA Chain , the technology company that eliminated the complexities of blockchain app development and reduced energy usage, thus opening the door to a world of users, has closed a $25 million Series A funding round led byValley Capital Partners. T...

Avidity Science Announces Agreement to Divest Lab Products & Harford Systems

2021-09-04 00:00 5735

WATERFORD, Wis., Sept. 4, 2021 /PRNewswire/ -- Avidity Science, a worldwide leader in life science research tools, today announces it has sold its subsidiaries of Lab Products, LLC. and Harford Systems, LLC. to Gen Cap America, Inc. ("Gen Cap"), a private equity firm focused on lower middle marke...

TradeUP Acquisition Corp. Announces the Separate Trading of its Common Stock and Warrants, Commencing September 7, 2021

2021-09-03 23:18 13541

NEW YORK, Sept. 3, 2021 /PRNewswire/ -- TradeUP Acquisition Corp. (NASDAQ: UPTDU) ("TradeUP Acquisition" or the "Company") announced today that, commencing September 7, 2021, holders of the Units (the "Units") sold in the Company's initial public offering ("IPO") and the over-allotment of 4,430,0...

Future FinTech Signs Term Sheet to Acquire Supply Chain Software Business

2021-09-03 20:00 12327

NEW YORK, Sept. 3, 2021 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that onAugust 30, 2021, the Company signed an eq...

United Safety Acquires Newcastle Fire Protection Services

2021-09-03 02:17 2475

Completes second acquisition in a one month period in the fire protection space EXTON, Pa., Sept. 3, 2021 /PRNewswire/ -- United Safety, a global manufacturer of safety and survivability solutions, announced the acquisition of Newcastle Fire Protection Services (NFPS) effectiveAugust 31st, 2021....

Botify Raises $55 Million in Series C Funding to Help Brands Unlock Revenue Growth Through Organic Search

2021-09-03 00:00 3648

Funding Led by InfraVia Growth Targets $47.5+ Billion Organic Search Market with a 20% CAGR  NEW YORK and PARIS, Sept. 2, 2021 /PRNewswire/ -- Botify, the leading enterprise software company forperformance-driven organic search, today announced that it has closed$55 million USD in Series C fundi...

Fast Growing Chicago Startup CircleIt Lands $5.1M in Funding for Groundbreaking Generational Platform

2021-09-02 21:00 2660

CHICAGO, Sept. 2, 2021 /PRNewswire/ -- CircleIt®, a futuristic technology that gives users the ability to send cards, media and gifts to loved ones across time, announced today it has secured$5.1M in series A funding. This series A round is driven by CircleIt founderArt Shaikh with participation ...

Color Star Technology Co., Ltd. Enters into Share Purchase Agreement with HNCCN to Jointly Create World's Top 7D Internet Cafe Experience

2021-09-02 20:30 6712

NEW YORK, Sep. 2, 2021 /PRNewswire/ -- Color Star Technology Co., Ltd. (NASDAQ: CSCW), an entertainment technology company devoted to the application of technology and artificial intelligence (AI) in the entertainment industry (hereinafter referred to as "Color Star" or the "Company"), today offi...

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