Investment Platforms

Switzerland-based Algo Trader has reportedly nabbed CHF 1.4m ($1.4m) in a round led by NeueCapital Partners.

Alto, which is helping individual investors access alternative assets, has scored $5.4m in its Seed round.

OpenInvest, a portfolio advisor platform, has collected $10.5m in its Series A1 round which was led by QED Investors.

Alternative investment platform CAIS has closed its Series B round on $50m, to capitalise on a strong year of growth.

FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.

Crown Agents Bank has launched Empower Pensions, a new end-to-end pensions management platform.

South African banking-as-a-service (BaaS) company Jumo has bagged $120m from a recent funding round co-led by Visa, Fidelity Management and Kingsway.

Banyan, an investment facilitator for sustainable infrastructure headquartered in San Francisco, has raised $8.2m in Series A funding, seeing the company valued at $47m.

PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.

Exploring investor behaviour opens a window into a unique blend of rationality and emotionality that drives financial decisions. A recent study delved into the intricate patterns of Italian and French investors, discovering noteworthy disparities despite the geographical and cultural proximity of the two nations.