FCA boss says more must be done to secure the fund management industry’s survival...
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.
RBC bolsters wealth management offering with Brewin Dolphin acquisition
The Royal Bank of Canada (RBC) is to acquire UK-based wealth management firm Brewin Dolphin.
State Street acquires investment management software builder Charles River
State Street Corporation has acquired investment management software developer Charles River Development for an undisclosed amount.
WealthTech platform Addepar nets $177m in its new funding round
WealthTech platform Addepar has closed its Series E funding round on $177m, as it looks to deepen its platform capabilities.
Spiking scores $750k for stock market advice
Stock market tracking app Spiking has raised $750,000 in a seed round of funding from a group of individual investors.
Canada-based OneVest scores CAD 5m for its WealthTech platform
Canada-based OneVest, an embedded wealth management platform, has collected CAD 5m ($3.8m) in a venture funding round.
OpenInvest has received $10.4m in its Series A funding
OpenInvest, a digital investment advisor for socially responsible investing, has received $10.4m in its Series A funding led by QED Investors.
WealthTech Carne Group secures $121.8m in new investment
Digital asset management company Carne Group has netted a $121.8m investment from Vitruvian Partners to expand the WealthTech client led technology solutions.
Finwizard nabs in $1.1m for Indian wealth management app
Indian FinTech company FinWizard has raised $1.1m in a funding round from Saama Capital. The Bengalruu-based company runs wealth management app Fisdom.
Digital wealth management solution Quantifeed scores Series C
Quantifeed, which claims to be Asia leading digital wealth management solution developer for financial institutions, has closed its Series C round on an undisclosed amount.