Institutional Investment & Trading

As more companies shift towards the cloud, data-driven wealth management platform WealthArc has compared cloud-based and on-premise wealth management solutions to see which comes out on top.

UK-based 1fs Wealth, which offers digital wealth intelligence, has reportedly received an investment from Singularity Capital, a US venture capital firm.

Cloud-based data automation platform Duco will deploy its technology with New Zealand-based wealth manager JBWere NZ.

Altruist, a custodian built exclusively for registered investment advisors (RIAs), has secured $112m in its Series D funding round.

Acorns, a saving and investing app for everyday people, has acquired GoHenry and its European arm Pixpay.

NPEX, a Dutch stock exchange for SMEs, has secured a €2m financing round that was led by existing shareholders, including CEO Mark van der Plas.

Raisin, a global savings and investment specialist, has raised €60m in a Series E funding round backed by Goldman Sachs.

Generative AI has taken the world by storm in just a matter of months. As companies look to assess whether the technology could transform their operations, will wealth management become a natural home for it?

Confluence Technologies has partnered with cloud native, AI-powered investment accounting platform FundGuard.

Connectd, which helps connect investors and startups, has reportedly collected $2.6m in a fresh funding round.