Advisory & Brokerage

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.

Altruist, an all-in-one platform for modern financial advisors, has scored $90m in its Series B funding round.

CyberTech ventures, Deadpool-backed enterprises, and InsurTech startups are among the big winners of the 25 FinTech funding rounds reported last week.

As digitalisation continues to be a priority for firms, they are looking at their customer communication management technology as a critical piece of their infrastructure, according to Doxim vice president of sales, financial services Scott Biel.

As the WealthTech sector continues to grow at a rapid rate, FinTech Global has named the 100 most innovative companies in the space, as part of its third annual WealthTech100 list.

PwC revealed the latest cohort of FinTechs who have joined the Wealth Scale programme.

Client lifecycle management solution developer Wealth Dynamix has launched CLMi, a cloud-based SaaS solution for wealth managers.

Insurance company Novidea has appointed Jamie McDonnell to the role of UK sales manager.

With the advent of technology people have become accustomed to improved experiences and better access to data. Digital distribution and reporting technology enables fund managers to transform their operations to be more collaborative with investors and be much more transparent.

Multi-asset investing and trading platform eToro plans to go public through a merger with SPAC FinTech Acquisition Corp. V backed by Betsy Cohen, valuing the equity of the combined firm at around $10.4bn.