PALATINE the leading mid-market private equity investor has made a successful partial exit from CET Group with the sale of its tech-enabled insurance claims management division to HomeServe plc for £53m. Based in Castle Donington, CET is a leading provider of outsourced home emergency, drainage and subsidence services to one in eight UK households. 

Market-leading private market digital platform VALK is building for expansion after achieving $4 billion-plus in assets and deals managed on its platform in a year

Primer has closed a Series B funding round that values the payments infrastructure startup at $425 million only 20 months after being founded.

The $50M Series B fundraise was led by ICONIQ Growth, the San Francisco based investment firm that has backed global tech companies such as Adyen and Marqeta to Snowflake and Datadog. Existing investors, including Accel, Balderton Capital, Seedcamp, Speedinvest, and RTP Global all participated in the round.

Borrower wellbeing app, ilumoni has officially launched and is now available to download on Android and iOS devices.  The app, which has received £1.63 million in investment since inception and gained FCA authorisation earlier this year, has successfully completed its Beta testing and is now available to the wider market.  

9fin, a leading provider of data, news and predictive analytics for debt capital markets, has announced an £8m Series A round to fuel its expansion into the US. The company is opening a New York office following increased demand from existing customers in Europe.  The latest investment was led by Redalpine, alongside previous investors in the company, Fly Ventures. Angel investors Paul Forster, Co-Founder of Indeed, and Alan Morgan, Co-Founder of MMC Ventures, also participated, along with Ilavska Vuillermoz Capital and a number of high net worth individuals

Getsafe, the digital insurer targeting millennial buyers in Germany and the UK, has expanded its Series B funding round to $93M. The company is now serving a quarter of a million customers in Germany and the UK, consolidating its position as Europe's largest neo-insurer.

Foresight Group, an award-winning listed alternative investment manager, has provided a senior secured debt facility of up to £15 million to Channel Islands multi-product specialist lender Reto Finance.

TransferGo, one of the world’s fastest growing money transfer companies, has secured $50m in a Series C funding round.  This latest fundraise, led by Elbrus Capital Fund III and Black River Ventures, follows consistent 80% year-on-year growth for the fintech company since its launch, and brings the total raised to-date for TransferGo to $77m.

Book Salon, a Finnish payment and booking service provider specializing in hair, beauty, and wellness companies, has announced the successful closure of a €1M funding round led by Big Bets VC. Sontek Ventures and well-known business angel Lennu Keinänen also participated in the round. The funding will be used to further expand its operations, and prepare for further growth in Europe as the company looks to expand its offering.

London-based Wiserfunding, a leading provider of credit risk assessment for SME lenders, has announced it has secured £3 million investment from BGF – the UK and Ireland’s most active growth capital investor. This investment will support Wiserfunding in accelerating international expansion and strengthening its global position.

British Business Investments, a commercial subsidiary of the British Business Bank, has made a new £15m commitment to Liberty Leasing, 

Plend, the UK’s first social lending marketplace, has secured £700,000 of investment from early-stage VC’s Tomahawk, Ascension, and Haatch, as well as backing from NBS Ventures, a part of Nationwide Building Society’s Incubator. The investment will be used to disrupt the £24 billion consumer lending market and bring affordable loans to 13 million people in the UK with unreliable, inaccurate or non-existent credit files who are virtually invisible to traditional financial credit scoring systems and therefore vulnerable to financial hardship and exclusion.