Advisory & Brokerage

Plug and Play's European FinTech-focused accelerator has revealed the names of the eight startups selected for its sixth batch.

Stock market tracking app Spiking has raised $750,000 in a seed round of funding from a group of individual investors.

Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.

Social investing network eToro has received an ‘In-Principle Approval’ to operate as a securities, derivatives and crypto broker in Abu Dhabi.

The Covid-19 pandemic transformed the wealth management sector and firms are looking to accelerate their digitalisation efforts to stay competitive. Wealth Dynamix has outlined an easy six step guide to support a firm’s digitalisation effort.

Berlin-based Elinvar has netted €25m in a new funding round, which will help the WealthTech scale its multi-tenant platform.

UK-based HUBX, which operates a deal syndication platform for banks and brokerage firms, has raised funding from ACF Investors’ Delta Fund and Mandalore Partners.

Moneyfarm has just announced the closure of a £36m Series C funding round as the WealthTech scaleup signs a partnership with Poste Italiane, the Italian postal and financial services firm.

The interim chief executive at the Financial Conduct Authority (FCA) wants to start a dialogue about how to protect the investment fund management industry in the coronavirus aftermath.

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.