United Nations Technology Bank for Least Developed Countries

Ben Franklin Technology Partners completes first close of its expected $100M venture fund for Pennsylvania innovation

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Thursday, November 9, 2023

Fulton, Fulton Financial Corporation, United Nations Technology Bank for Least Developed Countries, Benjamin Franklin, Commonwealth, Senior, Growth, Partnership, WSFS Bank, GO, Investment, Pharmaceutical industry, Delaware Valley

PHILADELPHIA, Nov. 9, 2023 /PRNewswire/ -- Ben Franklin Technology Partners of Southeastern Pennsylvania ("Ben Franklin") has completed a first close of its Global Opportunity Pennsylvania Fund II, L.P. (the "GO PA Fund"), a growth stage venture fund to invest in technology-focused enterprises throughout the Commonwealth of Pennsylvania. Anchor investors include Ben Franklin and Fulton Bank, as well as notable commitments from the Ben Franklin Technology Development Authority (BFTDA), WSFS Bank, Robin Hood Ventures and Investors Circle.

Key Points:

$28M first close tops total raise of GO Philly Fund; new fund will invest primarily in Pennsylvania-based high growth technology companies already part of the Ben Franklin Network portfolio
PHILADELPHIA, Nov. 9, 2023 /PRNewswire/ -- Ben Franklin Technology Partners of Southeastern Pennsylvania ("Ben Franklin") has completed a first close of its Global Opportunity Pennsylvania Fund II, L.P. (the "GO PA Fund"), a growth stage venture fund to invest in technology-focused enterprises throughout the Commonwealth of Pennsylvania.
Anchor investors include Ben Franklin and Fulton Bank, as well as notable commitments from the Ben Franklin Technology Development Authority (BFTDA), WSFS Bank, Robin Hood Ventures and Investors Circle.
First close of expected $100M venture fund for Pennsylvania innovation; to invest in PA-based tech & health companies.
Raising approximately $28 million in its first close, the GO PA Fund already has exceeded the total $24.3 million raised by Ben Franklin's prior fund, Global Opportunity Philadelphia Fund I, L.P. (the "GO Philly Fund").

SouthState Builds PayTech and Private Capital Solutions Team

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Tuesday, November 7, 2023

Knowledge, IVeri Payment Technologies, Signature Bank, Payment, Square, Fintech, Fulton, Treasury, United Nations Technology Bank for Least Developed Countries, Multimedia, Wells Fargo, Wachovia, SSB, NCino, Cryptocurrency, Bank

ATLANTA, Nov. 7, 2023 /PRNewswire/ -- SouthState Bank today announced several additions to its Payments Technology and Private Capital Solutions teams to serve its growing customer base.

Key Points:

ATLANTA, Nov. 7, 2023 /PRNewswire/ -- SouthState Bank today announced several additions to its Payments Technology and Private Capital Solutions teams to serve its growing customer base.
"A primary focus at SouthState is making sure our customers have the most advanced payments and technology solutions for their business, as well as access to private fund financing," said Kurt Shreiner, president, Corporate Financial Services Division.
"We are pleased to have added such experienced talent to our team and look forward to leveraging the knowledge of these bankers to help our customers."
Michael Fulton – Private Capital Solutions relationship manager, Raleigh, North Carolina – brings more than 18 years of banking experience, including 13 years with Square 1 and Signature Bank, to his role at SouthState.

The Benchmark Company Expands its Technology M&A Focus with Leadership Hires

Retrieved on:

Thursday, October 12, 2023

Derek Wittenberg and Dmitry Netis , both Managing Directors, Investment Banking, are establishing and leading the firm’s Technology, Media, and Telecom (TMT) M&A vertical.

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Derek Wittenberg and Dmitry Netis , both Managing Directors, Investment Banking, are establishing and leading the firm’s Technology, Media, and Telecom (TMT) M&A vertical.
"Technology is reshaping all of our clients' industries and represents a significant opportunity for their differentiation and growth.
“We are excited to join the Benchmark banking team to strengthen the firm’s investment banking focus in this important sector.
We look forward to Derek and Dmitry’s contributions to our deep bench of banking and advisory professionals,” added Richard Messina.

MUFG further expands Growth & Middle Market Tech Banking team

Retrieved on:

Wednesday, October 4, 2023

NEW YORK, Oct. 4, 2023 /PRNewswire/ -- Mitsubishi UFJ Financial Group (NYSE: MUFG) announced today the hiring of three seasoned relationship professionals within its Growth & Middle Market Technology team, aimed at bolstering the bank's continued expansion into the pre-IPO growth and middle-market public companies space in the Innovation Ecosystem.

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NEW YORK, Oct. 4, 2023 /PRNewswire/ -- Mitsubishi UFJ Financial Group (NYSE: MUFG) announced today the hiring of three seasoned relationship professionals within its Growth & Middle Market Technology team, aimed at bolstering the bank's continued expansion into the pre-IPO growth and middle-market public companies space in the Innovation Ecosystem.
Gauthier, Fleck, and Schlager join a team of more than 35 bankers, led by Bob Blee, Head of Growth and Middle Market Technology Banking for the Americas.
"We are excited to welcome Jordan, Ross, and David to our Growth & Middle Market Technology team," said Jon Lindenberg, Head of Global Corporate and Investment Banking for the Americas at MUFG.
Gauthier joins MUFG with more than 15 years of experience in technology banking in the Boston market.

Barclays appoints two new senior leaders into its Technology Investment Banking team

Retrieved on:

Friday, August 25, 2023

Barclays today announces the appointments of Emma Taylor as Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking business.

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Barclays today announces the appointments of Emma Taylor as Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking business.
Ms. Taylor joins Barclays with close to 20 years of experience in Technology Banking, most recently as a Managing Director on the Internet Investment Banking team at Goldman Sachs.
In this role she advised large cap and emerging internet clients across a diverse range of sectors including marketplaces, eCommerce enablement, online travel, digital health, and advertising.
“Carmen’s expertise and experience perfectly complements our existing Internet banking team, and her appointment is further evidence of our commitment to continuing to operate a top-tier Technology franchise,” says Kristin Roth DeClark.

Volante Technologies scoops spot in D.A. Davidson & Co 2023 Fintech Herd 100

Retrieved on:

Wednesday, August 16, 2023

Financial Technologies Group, Fintech, McKinsey & Company, GDP, United Nations Technology Bank for Least Developed Countries, Growth, Stripe, Health, Bank, Volante

NEW YORK, Aug. 16, 2023 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments modernization, today announced its inclusion in D.A. Davidson & Co's Fintech Herd, recognizing the top 100 privately held financial technology companies in the United States. While many of The FinTech Herd 2023 constituents returned from last year's list, this is the first appearance for the cloud-native Payments as a Service provider.

Key Points:

Davidson & Co's Fintech Herd, recognizing the top 100 privately held financial technology companies in the United States.
While many of The FinTech Herd 2023 constituents returned from last year's list, this is the first appearance for the cloud-native Payments as a Service provider.
The Payments Tech sector makes up 14 percent of the Fintech Herd and features Volante alongside well-known private fintechs such as Stripe.
Davidson & Co, said, "We are delighted to welcome Volante Technologies to the FinTech Herd 100 for the first time in 2023.

Volante Technologies scoops spot in D.A. Davidson & Co 2023 Fintech Herd 100

Retrieved on:

Wednesday, August 16, 2023

Financial Technologies Group, Fintech, McKinsey & Company, GDP, United Nations Technology Bank for Least Developed Countries, Growth, Stripe, Health, Bank, Volante

NEW YORK, Aug. 16, 2023 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments modernization, today announced its inclusion in D.A. Davidson & Co's Fintech Herd, recognizing the top 100 privately held financial technology companies in the United States. While many of The FinTech Herd 2023 constituents returned from last year's list, this is the first appearance for the cloud-native Payments as a Service provider.

Key Points:

Davidson & Co's Fintech Herd, recognizing the top 100 privately held financial technology companies in the United States.
While many of The FinTech Herd 2023 constituents returned from last year's list, this is the first appearance for the cloud-native Payments as a Service provider.
The Payments Tech sector makes up 14 percent of the Fintech Herd and features Volante alongside well-known private fintechs such as Stripe.
Davidson & Co, said, "We are delighted to welcome Volante Technologies to the FinTech Herd 100 for the first time in 2023.

MUFG expands technology banking coverage team

Retrieved on:

Wednesday, April 19, 2023

NEW YORK, April 19, 2023 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG) announced today the hiring of five senior executives, and a total of at least 20 new team members, to significantly expand the capabilities of its Technology, Media and Telecom (TMT) Banking group to support the pre-IPO growth and middle-market public companies in the innovation ecosystem. Having launched the emerging technology banking platform three years ago, this most recent investment accelerates MUFG's growth aspirations in this space.

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Having launched the emerging technology banking platform three years ago, this most recent investment accelerates MUFG's growth aspirations in this space.
Bob Blee has joined MUFG as Managing Director and Head of Growth and Middle Market Technology Banking for the Americas, reporting to Bill Davidson, Global Head of TMT Banking.
"This talent acquisition will accelerate MUFG's growth in the middle market and further solidify our end-to-end coverage model in Technology Banking from earlier stage private companies through large cap multinationals," Davidson said.
Most recently, Blee led Silicon Valley Bank's (SVB's) Technology Corporate Banking Division, which managed relationships with public and late-stage private companies in the U.S. tech sector.

Developing Lens: U.N. and Canon Europe amplify Youth Delegates from Least Developed Countries

Retrieved on:

Monday, March 6, 2023

This comes as part of the collaboration between Canon Europe and the UN Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) to ensure that a selection of youth delegates from across the 46 LDCs are present in the ten-year action plan.

Key Points:

This comes as part of the collaboration between Canon Europe and the UN Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) to ensure that a selection of youth delegates from across the 46 LDCs are present in the ten-year action plan.
Canon will run a special edition of the Canon Young People Programme (YPP) at the LDC5 conference.
YPP has seen Canon teach over 6,750 participants from 27 different countries about the importance of communicating around the SDGs.
Canon Europe is the EMEA strategic headquarters of Canon Inc., a global provider of imaging technologies and services.

Liquid Intelligent Technologies, with Microsoft’s Airband Initiative, to bring connectivity to 20 million underserved people in Africa by 2025

Retrieved on:

Thursday, March 2, 2023

Democratic republic, Internet service provider, Conference, United Nations Conference on Trade and Development, United Nations Technology Bank for Least Developed Countries, United, Internet, Microsoft, International Telecommunication Union, Congo, Digital divide, Liquid, Partnership, Mobile phone, Video game

Thursday, 02 March 2023 – Liquid Intelligent Technologies ( https://www.Liquid.Tech/ ), a business of Cassava Technologies, announced a new collaboration to deliver internet access to 20 million underserved people in Africa by the end of 2025, with Microsoft Corp. (Nasdaq “MSFT” @microsoft).

Key Points:

Thursday, 02 March 2023 – Liquid Intelligent Technologies ( https://www.Liquid.Tech/ ), a business of Cassava Technologies, announced a new collaboration to deliver internet access to 20 million underserved people in Africa by the end of 2025, with Microsoft Corp. (Nasdaq “MSFT” @microsoft).
Working together through Microsoft’s Airband initiative, the new collaboration will initially target regions that include but are not limited to the Democratic Republic of Congo, Tanzania, and Zambia.
Additionally, the partnership will allow for increased proliferation of high-speed connectivity to the farthest parts of Nigeria, Kenya and South Africa.
With a fibre backbone of over 100,000 km across the continent, Liquid is uniquely positioned to bring high-speed connectivity to the remotest of communities.