News in Numbers

Blackfinch Group has introduced two 'next generation' funds. The IFSL Blackfinch NextGen Infrastructure and Property Securities funds will invest in businesses that are driving growth. 

The Wells Fargo Foundation has awarded a $750,000 grant to support the establishment of Team Rubicon TRades Academy. This collaboration aims to solve the overall shortage of credentialed contractors in communities. 

Levenue has purchased open banking firm Cake and received €8m ($8.7m) from Truffle Capital for its Series A funding. Since Levenue’s inception in 2021, investors have invested over €300m in subscription-based businesses through its platform. 

Monument has successfully completed its Series B funding round and gained over $50m from existing and new investors. The completion of its Series B round follows from the bank’s strategic partnership with Dubai Investments earlier in 2023.  

The wealth management arm of ABN AMRO witnessed a 30% drop in profit year-on-year in Q3 2023. Profit for ABN AMRO’s wealth management arm in Q3 2023 was €98m, a fall from the €139m in Q3 2022 and the €135m in Q2 2023.