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Bermudian-based Apex Group Ltd has secured additional equity investment from global investment firm Carlyle and sovereign investor Mubadala Investment Company. The global financial services provider backed by Genstar Capital said Carlyle and Mubadala...

First Atlantic Commerce has partnered with a Central American fintech solution provider to enable merchants to accept online payments through the Wix platform. The Bermudian-based online payment solutions provider said it is partnering with Costa Ric...

Fintech company Circle has pledged $100,000 towards the development of Bermuda as a “centre of excellence” for fintech innovation. The announcement was made Thursday by Elisabeth Carpenter, chief operating officer of Circle, at a press conference at ...

HSCM Bermuda is among the investors in a $44 million Series C capital raise by CAPE Analytics, the California-based provider of geospatial intelligence for property risk and valuation. The US company said the financing round was led by Pivot Investme...

When the issuance of shares by a company is discussed, the first thought that comes to mind is the share capital raised by the issuance of such shares. Many do not consider or appreciate that they could also, inadvertently, be creating share premium....

The Bermuda Business Development Agency is to launch a webinar series that will focus on providing thought leadership and insights from key business leaders in Bermuda and other markets. The BDA said the Bermuda Angle Webinar Series will launch on Ju...

Apex Group Ltd has secured corporate ratings from Moody’s Investors Service and S&P Global Ratings. The Bermudian-based global financial services provider said the Group and its subsidiaries were assigned a “B2” corporate family rating by Moody’s and...

Bermudian-based Global Cloud Xchange, the submarine cable network owner/operator, has reported cash revenue growth of 6.6 per cent for the fiscal year ending March 31. GCX said the revenue of $271.2 million was led by strong recurring revenue and ind...

Bermudian-based Apex Group Ltd has entered the German market with the acquisition of fund administrator mola-administration GmbH. The global financial services provider, which was set up on the island in 2003, said the strategic acquisition establish...

Athene Holding Ltd has led a minority investment in Challenger Ltd, an Australian investment management firm. The Bermudian-based financial services company said that, along with its strategic partner, Apollo Global Management, it has agreed to acqui...