Fintech continues to expand: Outfund, Pockit and Upvest close rounds
7 - 11 December
Innovation trends
#Fintech
The Fintech sector is in full expansion
Outfund (UK), which offers new ways to raise funds online, Pockit (UK), which provides financial services to vulnerable clients, and Upvest (Germany), which makes it easy to launch investment products, have closed large rounds over the past 10 days.
PE & VC Investments
#Funds
Forbion V closes at €460Mln 
 
Forbion's (Netherlands) fund is supported by existing and new LPs, and exceeds expectations of €375Mln.
#M&A
Portobello Capital acquires Italian company Poligof
 
With this transaction, the Spanish PE firm will close its first international direct investment.
#FinancingRound

Mosa Meat raises over €60Mln in Series B

 

The round of the Dutch producer of sustainable hamburgers is joined by firms like Blue Horizon Ventures (Switzerland) and Target Global (Germany).

Coming up:
Global Vision
#ECB
 
ECB implements further stimulus measures
The entity chaired by Christine Lagarde has decided to give more stimulus to the economy of the euro-zone countries.
#Economy
 
The Euro, a solid currency with only 20 years of life
The Europroves to be a solid 20-year-old currency with a proven ability to bounce back from major financial crises.
#FMI
 
Poorest countries' debt payments frozen by the IMF
The Managing Director of the IMF, has assured that they will freeze debt payments for the poorest countries at least until the end of 2021, joining the G20 initiative.
People Moves
Kris Isherwood and Jim Strang join BGF
The British firm will have Kris Isherwood and Jim Strang as non-executive directors from 1 January.
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