Faering, Amazon, Premji Invest, Sequoia, others pour money into WealthTech firm Smallcase
Capital market-focused FinTech company Smallcase raised $40m in funding, led by Faering Capital as well as new investors Amazon Smbhav Venture Fund and Premji Invest.
Klub closes seed round made of debt and equity
India-based Klub, a financing platform aimed at brands with high customer engagement, has reportedly netted $20m in a seed funding comprised of a mix of equity and debt.
Brookfield reinsurance arm enters $5.1bn agreement to buy American National
Brookfield Asset Management’s reinsurance branch has agreed to acquire multi-product insurance company American National Group for $5.1bn in cash.
Basketball Star Spencer Dinwiddie joins forces with Yieldstreet to make investing more accessible
Yieldstreet, an alternative investment platform which seeks to narrow the income and opportunity gap for retail investors initiated a campaign with NBA star Spencer Dinwiddie with the goal of bridging the wealth creation gap.
Nucoro divests Exo Investing solution to wealth management firm abrdn
UK WealthTech firm abrdn has concluded a deal to acquire Exo Investing from FinTech firm Nucoro for an undisclosed fee.
Sarwa eyes market, product expansion following $15m Series B
United Arab Emirates-based investment and personal finance company Sarwa has snared $15m from a Series B funding round.
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.
Coinbase set to purchase currency overview solution Zabo
American cryptocurrency exchange firm Coinbase has revealed it is preparing to acquire digital currency overview tool Zabo for an undisclosed fee.
FinTech VC Element snares $130m for B2B fund
UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.
App Radar study reveals top ten financial investing apps gaining popularity in the UK
An analysis of the investment app market ranked the top ten UK apps which have gained an estimated 1.6 million more users in total since March 2020.