Investment Platforms

California-based fractional real estate investing platform Fintor closed a $2.5m seed funding round.

The past week has given cybersecurity, PayTech and even InsurTech aficionados a host of reasons to perk up their ears.

UK-based investment platform Clim8 Invest raised $8m in funding alongside launching its app for retail investors.

FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.

UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.

Stock investment platform Groww’s latest $83m Series D round catapulted it into the unicorn club.

As new technologies and digitalisation continue to change the way wealth managers operate, it’s more essential now than ever to understand the changing needs and requirements of clients and capitalise on client-centricity and digitally-enabled interaction channels.

Indonesia-based Pluang secured $20m in a pre-Series B round led by its existing investor, Openspace Ventures to develop and launch more proprietary financial offerings.

Stock trading app Freetrade $69m in a Series B round and has reached a post-money valuation of $366m.

London-based VC firm focusing on FinTech startups Illuminate Financial has closed a $100m round with backing from JP Morgan Chase and Barclays.