Canadian digital insurance provider Apollo has raised $18.5 million Canadian dollars (about $13.6 million) to launch a wholly owned subsidiary that will allow Canadians to use buy now, pay later (BNPL) for their insurance premiums. The company’s new subsidiary, FinShore, provides a fully embedded BNPL...
LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of the first lien term loan facility upon funding, using it for general corporate purposes that may include the repayment of...
Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s last opportunity to convince jurors of his innocence in what prosecutors say is one of the largest financial frauds in...
Apollo Global Management said it plans to offer a new fund on a public blockchain as it deepens its relationship with the FinTech Figure. According to a Bloomberg News report Tuesday (Nov. 22), Apollo and Hamilton Lane are launching investment operations via a platform on...
August 04, 2024
America’s private equity giants have reportedly invested $162 billion in anticipation of a deal-making revival. Apollo, Ares, KKR and Blackstone invested that amount between April and June, with Apollo making up more than 40% of the total, the Financial Times (FT) reported Sunday (Aug. 4). The group’s executives told the FT they were preparing for […]
May 27, 2024
Canadian digital insurance provider Apollo has raised $18.5 million Canadian dollars (about $13.6 million) to launch a wholly owned subsidiary that will allow Canadians to use buy now, pay later...
March 27, 2024
LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of the first lien term loan...
October 31, 2023
Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s last opportunity to convince jurors...
