Institutional Investment & Trading

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.

News Stories

Legal & General partners with Moneyhub for innovative pensions dashboard

Legal & General (L&G) has teamed up with Moneyhub, a leader in FinTech and Open Finance technology. This collaboration aims to enhance how individuals plan...
tax

Addressing the challenges of intermediary structures in tax operations

Managing intermediary structures within tax operations has long been a complex task. These structures typically feature multiple layers of ownership and a variety of...
In the fast-paced world of banking, acquiring new customers is essential for growth. dacadoo, a leader in Digital Health Engagement Platforms (DHEP), has outlined eight key strategies that combine both traditional methods and digital innovation to help banks attract and retain customers. These approaches focus on creating meaningful interactions, improving customer experiences, and building strong brand loyalty.

8 key strategies for customer acquisition in banking

In the fast-paced world of banking, acquiring new customers is essential for growth. dacadoo, a leader in Digital Health Engagement Platforms (DHEP), has outlined eight key strategies that combine both traditional methods and digital innovation to help banks attract and retain customers. These approaches focus on creating meaningful interactions, improving customer experiences, and building strong brand loyalty.
AI

How will the EU’s AI Act impact the financial market?

The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector?
New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.

Tower partners with HealthCarePlus to provide exclusive insurance products to union members

New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.

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