Institutional Investment & Trading

xalts raises $6m for its digital asset ecosystem platform

xalts raises $6m for its digital asset ecosystem platform

xalts, an investment management platform supporting the digital asset ecosystem, has raised $6m in funding.

Online trading pioneer Directa joins Spectrum Markets as newest member

Spectrum Markets, the pan-European trading venue for securitised derivatives, has welcomed independent retail broker Directa as its newest member.
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Reciprocal pulls in up to $25m for FinTech fund

New York-based venture capital newcomer Reciprocal Ventures has pulled in at least $25m towards its debut FinTech-focused fund.

Investment advice solution Fountain said to receive seed round

Investment advise platform Fountain has reportedly received a seed round led by Day Cooper Day chairman Partick Day.

FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...

The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.

ESMA slaps €408,000 penalty on derivatives firm due to EMIR data breaches

The European Securities and Markets Authority (ESMA) has fined DTCC Derivatives Repository for seven breaches of the European Market Infrastructure Regulation (EMIR).

Micro Connect scores $70m in its Series B funding round

Micro Connect, which connects global capital with China’s grassroots economy, has raised $70m in its Series B funding round.

Handlesbanken Norway partners with Tietoevry to modernise wealth platform 

Handelsbanken Norway has partnered with Tietoevry in a bid to modernise its IT landscape and enhancing the customer experience. 
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Crypto Facilities takes $1.5m for digital asset trading

Digital asset trading platform Crypto Facilities has raised $1.5m in a seed round. The funding comes from an AngelList syndicate led by Humminbird Ventures partner Pamir Gelenbe.

Broadridge to enhance portfolio management through latest acquisition

Portfolio solution developer Broadridge Financial Solutions has acquired ClearStructure, a developer of management solutions for investors.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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