Rising interest rates are knocking down traditional banks — witness Silicon Valley Bank and Credit Suisse — but does this create space for new, alternative lenders or put them also at risk? We asked one of the most active investors in alternative lenders for his view.
Month: April 2023
Deal Roundup: Quantexa collects $129m in series E round
HSBC, BNY Mellon and ABN Amro all took part in decision intelligence software provider Quantexa’s $129m series E round while SoftBank led a $100m round for cybersecurity software producer Cybereason.
A third of Korean conglomerates now have investment arms
The Korean government aims to kickstart innovation and encourage M&A among its system of chaebol after deregulating the sector.
Deal Roundup: DMI Finance captures $400m
Mitsubishi UFJ Financial Group led a $400m round for non-banking finance provider DMI Finance while Haima Automobile helped electric taxi producer Itbox raise $145m.
Malaysia launches CVC training programme
The government-led initiative encourages Malaysia’s largest businesses to join local companies like Petronas and Sunway in early-stage investing.
Changing investor attitudes are creating an opportunity for CVC
But to seize it, corporate investment teams must step up their messaging about the long-term value they create.