Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

CLEARLYSO RAISES £1.25 MILLION IN EQUITY AS OCTOPUS TAKES A MAJOR STAKE

CLEARLYSO RAISES £1.25 MILLION IN EQUITY AS OCTOPUS TAKES A MAJOR STAKE

ClearlySo, Europe’s leading impact investment bank, announced today that Octopus has taken a 12.3% stake in the company as part of a £1.25 million growth funding round. Octopus, a fast-growing UK fund management company and the largest provider of venture capital trusts (VCTs) in the UK, will become the largest single institutional investor in the firm and Octopus Co-Founder Chris Hulatt will join the ClearlySo board as a non-executive director.

The investment by Octopus comes on the heels of a series of major milestones for ClearlySo, starting the year with the largest growth capital investment in UK history for HCT Group and followed up by the crossing of the £100 million mark in total capital raised for nearly 100 clients. It also serves as further evidence that “3D investing”, where social, ethical, and/or environmental impact is considered along with risk and return, is coming of age and entering the mainstream.

Chris Hulatt, co-founder of Octopus, commented: “More and more people care about the impact their investment is having. ClearlySo is at the heart of this change and the growing consciousness in the UK around impact investing. At Octopus, we look to invest in areas where we can really make a difference – whether it’s backing talented entrepreneurs who are changing the way we do things, investing in renewable energy technologies or helping to modernise our healthcare infrastructure. We look forward to working closely with the ClearlySo team to support our shared focus on encouraging more people to make a positive impact through their investing.”

Further commenting, Rodney Schwartz, founder and chief executive of ClearlySo: “To be chosen by one of Britain’s most astute investment firms is obviously a privilege and further validates our approach. We look forward to deepening our relationship and accelerating how we bring impact to the mainstream.” The round also saw seven existing investors reinvest, including Big Society Capital, and eight new angel investors subscribe, mostly from ClearlySo’s extensive network of high-net-worth individual investors.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post