Institutional Investment & Trading

Aiviq, a cloud-based SaaS business for the global asset management industry, will provide AllianceBernstein (AB) with client assets under management (AUM) and flow data management products and services, through a new deal.

Cryptocurrency is rapidly emerging as a vital asset class, transforming the financial landscape. However, the lack of visibility into cryptoassets has hindered advisors from delivering truly holistic advice. Indeed, a recent NBC poll revealed that one in five Americans has dabbled in cryptocurrency, underlining the urgency for advisors to step up their game.

Investment education platform Investoo.com has picked up $2m in a round of funding from Optimizer Invest, Kinetic Investments and Right Casino Sam Miranda.

Online alternative investment company iCapital Network is set to acquire the Private Equity Access Fund Platform from Deutsche Bank.

Canada-based spare change platform Mylo Financial Technologies has closed its seed funding round on CAD $2m ($1.6m).

Vise AI, an investment management platform, has closed $45m in its Series B funding round, which was led by Sequoia Capital.

Israeli FinTech startup Futora has secured $6m in funding to fund product development and build out its sales processes in Europe and the US.

Sidekick, a UK-based wealth management startup, has raises £3.3m in pre-seed funding ahead of its launch next year.

Finnish FinTech company Saldo, a provider of loans to consumers and SMEs, is now poised to enter the banking services arena in Finland.

Bond trading platform OpenDoor Securities has netted a $10m Series A funding round to help expand its client and bank network.