Investment advice technology MDOTM secures Series B funding
MDOTM, which designs AI-powered investment strategies, has closed its Series B funding round on €6.2m.
Bhutan to pilot central bank digital currency through Ripple partnership
The Royal Monetary Authority (RMA) of Bhutan has teamed with cross-border crypto payment firm Ripple to pilot a central bank digital currency (CBDC) in the region.
How are rising ESG interests changing wealth management
Climate change is one of the biggest challenges we face. While policies like the Paris Agreement attempt to change the world to have a net-zero emissions impact, there are still billions of dollars invested each year into harmful industries, such as fossil fuels. As pressure on climate change rises, could firms start to focus more on ESG funds?
Capital markets software dev Irwin nets $20m in its Series A round
Irwin, a software developer for the capital markets, has closed its Series A round on $20m, which will support the expansion of its services.
Ledgy closes Series A as it targets new markets
Ledgy, an end-to-end equity management platform, has reportedly collected $10m in its Series A round, which will support its growth in new markets.
Globacap collects $9m Series A from Johannesburg Stock Exchange
Globacap, which claims to be transforming capital markets, has secured an additional $9m for its Series A round.
Monkey said to close $6m Series A to double help its team
Receivables marketplace Monkey has reportedly collected $6m in its Series A funding to help double its team.
Brokerage platform Alpaca inks $50m to help FinTechs with embedded equities, partners with Plaid
Alpaca, a stock brokerage platform that offers APIs for FinTech apps to connect and trade in US stocks, raised $50m and plans to launch cryptocurrency trading.
Paris-based Shares.io pockets €8.5m in Valar Ventures-led round to launch social and investing app
Paris-based social investment platform Shares.io has closed one of the largest-ever seed fundraising by an early-stage startup in Europe by securing around €8.5m in pre-seed pre-product funding.
The Chainsmokers-backed neobroker Flink inks $57m to disrupt the investment industry in LatAm
Flink, a Mexico City-based neobroker, has raised $57m in a Series B round of funding led by Lightspeed Venture Partners.
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