News in Numbers

2

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. 

$750,000 

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. 

€8m 

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. 

$50m 

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.  

30%

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.