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Tag: Advent International

Nuvei Gains Momentum in APAC Market with Singapore MPI License

The Canadian fintech company Nuvei Corporation has secured a Major Payment Institution (MPI) license in Singapore as part of its initiative to expand operations in the...

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Advent International Appoints Fintech Executive Kahina Van Dyke as Operating Partner

Seasoned Leader Will Strengthen Advent’s Fintech Practice BOSTON–(BUSINESS WIRE)–Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced the...

FIS Sells Majority Stake in Worldpay to Private Equity Firm GTCR – Finovate

Fintech giant FIS announced that it will sell a majority stake in Worldpay to private equity firm GTCR. The move comes just over...

Advent creates €3bn revenue chemicals company by merging Caldic with Wilbur-Ellis’ Connell

Advent International has merged its portfolio business Caldic with Wilbur-Ellis‘ Connell to create a life science and chemicals company with combined revenues of about...

Advent loses chief legal officer and ‘important force’ James Westra after 11 years

Advent International is losing long-time managing partner and chief legal officer James Westra after 11 years with the fSorry, you need to subscribe to...

Advent buys into Marlin Equity’s payment automation, procurement specialist Medius

Advent International has picked up a minority stake in Marlin Equity Partners-backed source to pay solutions business Medius.

The post Advent buys into Marlin Equity’s payment automation, procurement specialist Medius first appeared on AltAssets Private Equity News.

Ebanx Delays IPO Because of Market Volatility Fears

The stock market has turned too volatile for Ebanx’s IPO plans. The Brazilian fintech firm, backed by private equity company Advent International, announced on Friday that it has delayed its U.

Brazil’s Creditas Earns $4.8 Billion Valuation After Securing $260 Million in New Funding

A $260 million Series F funding round has given Brazilian secured lending platform Creditas a valuation of $4.8 billion. The new capital will help the company expand its operations and provide a “one-stop solution for those seeking a digital-first experience in everything related to their houses, cars, motorcycles, and salary-based benefits.” The round was led Read more...

The post Brazil’s Creditas Earns $4.8 Billion Valuation After Securing $260 Million in New Funding appeared first on Finovate.

GPS adds $100m to its latest funding round, appoints new chair

Global Processing Services (GPS) closes its latest funding round at over $400 million.

Global Processing Services Upsizes Latest Fundraise to US$400 Million

Payment technology platform Global Processing Services (GPS) announced the closing and upsizing of its latest fundraise at over US$400 million. Global investment company Temasek and MissionOG, a US-based growth equity

The post Global Processing Services Upsizes Latest Fundraise to US$400 Million appeared first on Fintech Singapore.

Advent, PSG propel Assembly to unicorn status with new investment

Private equity pair Advent International and PSG have helped e-commerce software and data platform Assembly to a valuat Sorry, you need to subscribe to...

Chilean Fintechs Secure Millions; EBANX and Amazon Forge Payments Partnership

Fintech companies from Chile made headlines this week, taking their rightful place alongside the innovators in neighboring countries like Brazil, Colombia, and...

Brazilian Fintech EBANX, a Cross-Border Commerce Platform, Secures $400M from Advent International, Another $30M in Commitments

Brazil-based EBANX, a cross-border commerce platform, recently acquired $400 million in capital from Advent International and another $30 million commitment. The company is...

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