Institutional Investment & Trading

Ethic bags $29m in its funding round to support its growth

Ethic, a tech-driven asset management platform, has closed its Series B round on $29m to support its continued expansion.

Nordic Capital seals hefty 6.4x return in €2.1bn Itiviti trade sale

Nordic Capital has scored a 6.4x return on its investment in trading tech and services provider Itiviti through a €2.1bn sale to trade buyer Broadridge Financial, AltAssets can reveal.

Indonesian WealthTech startup Pluang snags $20m in pre-Series B round

Indonesia-based Pluang secured $20m in a pre-Series B round led by its existing investor, Openspace Ventures to develop and launch more proprietary financial offerings.

Investment platform Freetrade raises $69m in a Series B round

Stock trading app Freetrade $69m in a Series B round and has reached a post-money valuation of $366m.

Why SumUp and Stripe took centrestage among the 41 FinTech investment rounds last week

Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.

Fireblocks raises $133m to bring banks and FinTechs into crypto

Crypto infrastructure provider Fireblocks has raised $133m to fuel its efforts towards providing traditional banks and FinTechs with digital asset custody, transfer and settlement infrastructure.

FinTech firm Pollinate raises $50m in Series C round

London-based FinTech Pollinate has closed a $50m Series C round led by Insight Partners.

JP Morgan and Barclays back Illuminate Financial in $100m round

London-based VC firm focusing on FinTech startups Illuminate Financial has closed a $100m round with backing from JP Morgan Chase and Barclays.

Pipe raises $50m investment to support development of its recurring revenues trading platform

Pipe, which claims to be the world’s first trading platform for recurring revenues, has closed a $50m strategic funding round.

Alternative investments platform Yieldstreet reels in $100m to democratise private investing

Digital investing platform Yieldstreet secured $100m in a Series C funding round led by Tarsadia Investments.

News Stories

Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

Singapore’s new scam protection bill to restrict high-risk bank transactions

Singapore's Ministry of Home Affairs (MHA) is set to introduce a groundbreaking Protection from Scams Bill aimed at combating the rising tide of online fraud.
Earnix, an AI-driven pricing and analytics platform, has partnered with Co-operators General Insurance Company to streamline homeowners' insurance pricing.

Earnix partners with Co-operators to streamline homeowners’ insurance pricing

Earnix, an AI-driven pricing and analytics platform, has partnered with Co-operators General Insurance Company to streamline homeowners' insurance pricing. The move will see the implementation...

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