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Cornerstone Financing secures $285 million financing from Aquiline and Nomura to expand CHEIFS

Oct 29, 2024over 1 year ago

Contract Type

partnership

CardiffFinancial ServicesFinanceLendingBanking

Description

Cornerstone Financing has secured $285 million in financing from global finance investment firms Aquiline Capital Partners LP and Nomura to support the expansion of their transformational funding solution, CHEIFS. This solution allows homeowners to sell a fraction of their home for cash to fund insurance, annuities, long-term care, and other financial and life planning options.

Company Information

Company

Cornerstone Finance Group

Location

Cardiff, Wales, United Kingdom

About

The Cornerstone Finance Group is a hub of financial industry experts offering specialist interlinking services which work together. The Group operates across five different sectors of the UK financial services market – commercial finance, commercial insurance, wealth, mortgage and protection.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.