Institutional Investment & Trading

Institutional Investment & Trading

Ashton Kutcher-backed FinTech startup Neighborly can’t pay its employees

Neighborly, a FinTech startup set up to enable people to buy cheaper municipal bonds, has told its staff to stop working as it is unable to pay them.

How the coronavirus will affect different segments of the FinTech industry

As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.

Trumid Financial becomes the next FinTech unicorn

Trumid Financial, which aims to improve credit trading, has become the year’s latest FinTech unicorn, following the close of a $200m round.

Over 80% of investors are planning to increase allocation to alternatives over next five...

More than four-fifths (84%) of investors are planning to increase their allocation to alternatives over the next five years, according to a new report from AIFMetrics.

MAS launches RegTech and digital schemes, commits S$42m to boost adoption

The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.

How InsurTech firms and CyberTech startups are leading the FinTech sector among the 34...

While BharatPe’s massive Series E round may have secured the most headlines last week, CyberTech ventures bagged the most capital injections.

Asset broker Vantage teams with Supercar Blondie for new global ESG program

Asset broker Vantage has partnered with Supercar Blondie for the launch of its global ESG programme.

Holiday Crowd snags £290,000 for rental property investment

Online property investment platform Holiday Crowd has raised £290,000 in a Seed round from angel investors.

CDPQ, Desjardins Group partner for new FinTech fund

Canada-based La Caisse de dépôt et placement du Québec has partnered with Desjardins Group to create a FinTech investment vehicle.

Vestr and Shift become SIX FinTech Ventures’ first investments

Up-and-coming FinTechs Vestr and Shift Cryptocurrencies have secured an investment from SIX FinTech Ventures.

News Stories

5-questions-to-ask-during-compliance-budget-building

5 questions to ask during compliance budget building

As companies start preparing for 2023, budgets are often a major talking point. Red Oak Compliance has outlined the five questions companies need to be asking when building the compliance budget.
law

Law enforcers link in global money laundering crackdown

Law enforcement from 25 countries have linked to crack down on money mules and their recruiters.
Intuit acquires SeedFi to bolster Credit Karma solution

Intuit acquires SeedFi to bolster Credit Karma solution

Intuit, a developer of multiple leading FinTech services, has acquired SeedFi, which is the partner behind Credit Karma’s Credit Builder solution.
secjur

German compliance firm secjur lands €5.5m

secjur, a Hamburg-based provider of an AI-powered compliance automation platform, has scored €5.5m in seed financing.
FCA

FCA hits Julius Baer International with £18m fine

The Financial Conduct Authority (FCA) has slapped Julius Baer International, an investment advisory and wealth manager, with an £18m penalty.

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