Addepar, a preeminent global technology and data platform empowering investment professionals with the insights needed for astute, data-driven decision-making, today announced the successful completion of its $230 million Series G investment round. This significant capital infusion, co-led by the esteemed London-based growth equity firm Vitruvian Partners and returning investor WestCap, headquartered in New York, underscores […]

In the first quarter of 2025, Saudi Aramco reported net income of 97.54 billion riyals (US $26.01 billion), a 4.6% decline from the same period a year earlier. Although this result modestly beat the median analyst forecast of US $25.36 billion, it highlights growing headwinds in the oil sector—from ebbing crude prices and rising costs […]

In a move signaling the accelerating convergence of artificial intelligence and tax technology, Vertex Inc. announced a $15 million strategic investment in Kintsugi, a San Francisco–based AI‑driven tax compliance startup. The funding was part of an $18 million Series A round that lifted Kintsugi’s valuation to $150 million—double its worth just six months ago. Beyond capital, the partnership […]

Nestlé has announced a fresh $75 million investment into its already thriving Tri An coffee plant in Vietnam’s Dong Nai province, reaffirming its long-standing commitment to one of the world’s leading coffee-producing nations. This expansion, coming as the company celebrates 30 years of operations in Vietnam, brings Nestlé’s total investment in the Tri An facility […]

South Korea’s retail investment landscape by securing the rights to distribute a suite of Goldman Sachs Asset Management funds within the country. The memorandum of understanding (MOU), signed on May 5, 2025, at Goldman Sachs’ New York headquarters, heralds a new era of cross‑border collaboration that will open the door for Korean investors—both individual and […]

Global footwear leader Skechers revealed on May 5, 2025, that it has struck a definitive agreement to be acquired by renowned private equity firm 3G Capital in a transaction valued at roughly $9 billion. Under the terms of the deal, 3G Capital will pay $63 per share in cash, representing a premium of nearly 28 percent over […]

In a bold move that could redefine its economic future, the Maldives has announced plans to construct a $9 billion crypto and blockchain hub in its capital, Malé. This ambitious development, known as the Maldives International Financial Centre, marks a pivotal shift for the South Asian island nation as it seeks to move beyond its […]

In a significant move that reflects the growing appeal of Saudi Arabia as a financial hub, Bank of New York Mellon (BNY Mellon) has announced that it has secured a licence to establish a regional headquarters in the kingdom. The approval marks a notable milestone as global financial institutions continue to enhance their presence in […]

In a clear signal of investor confidence in nature-based climate solutions, Brazilian reforestation specialist Mombak announced today that it has secured $30 million in a Series A financing led by Union Square Ventures (USV). This landmark funding round, which includes participation from returning backers Kaszek and Bain Capital as well as newcomers Lower carbon Capital […]

In a bold step to turbocharge global development and foster private sector expansion in emerging markets, the European Commission and the International Finance Corporation (IFC) have officially signed a landmark guarantee agreement worth €291 million. The agreement, announced today, underpins the EU’s Global Gateway strategy and signals a powerful new chapter of collaboration aimed at […]