Institutional Investment & Trading

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.

BestEx Research Group, a provider of algorithmic execution solutions for equity, futures and foreign exchange trading, has netted $10m in a funding round.

Sprout, a UK-based platform for underserved private investors to access a selection of venture capital funds, has raised $1m in pre-seed financing.

Aiviq, a cloud-based SaaS business for the global asset management industry, will provide AllianceBernstein (AB) with client assets under management (AUM) and flow data management products and services, through a new deal.