Solactive secures €50m to support its international expansion
Solactive, a technology-powered supplier of indices and index solutions, has scored €50m as it looks to further its international expansion.
TrueEX swipes $9.21m for global IRS trading
New York-based TrueEX, an electronic execution platform for the global interest rate swaps (IRS) market, has sealed $9.21m in venture financing to support its future growth.
Neobroker Scalable Capital earns the horn following Tencent-led Series E round
Online brokerage Scalable Capital raised $183m from investors led by Tencent, becoming the latest German FinTech to attract sizable funding.
Dutch stock exchange for SMEs NPEX raises €2m
NPEX, a Dutch stock exchange for SMEs, has secured a €2m financing round that was led by existing shareholders, including CEO Mark van der Plas.
Brokerage platform Alpaca inks $50m to help FinTechs with embedded equities, partners with Plaid
Alpaca, a stock brokerage platform that offers APIs for FinTech apps to connect and trade in US stocks, raised $50m and plans to launch cryptocurrency trading.
Users complain that Robinhood is down again
Share trading app Robinhood suffered a massive backlash in March when it suffered two major service outages just as COVID-19 was wreaking havoc on the markets. Now some users complain that it has happened again.
Social media’s grip on financial markets to persist, Hargreaves Lansdown reports
More than half of young investors are being influenced by social media - a trend that shows little sign of abating, according to the latest survey from financial services company Hargreaves Lansdown.
Softbank leads Series A funding round for wealth management startup Zoe Financial
SoftBank’s Opportunity Fund led a $10m Series A round of funding into Zoe Financial, a digital marketplace for people to find and hire vetted independent financial advisers.
China’s Geely to take control of Denmark’s Saxo Bank
Chinese carmaker Geely Group is increasing its stake in Saxo Bank to more than 50 per cent, with Nordic financial services company Sampo Group...
Robinhood said to close $350m funding at $5.6bn valuation
Free stock trading platform Robinhood has reportedly closed a $350m new round of funding which values the company at $5.6bn.
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