Institutional Investment & Trading

Robinhood has removed its restrictions on trading GameStop stocks after facing criticism from users and lawmakers.

Democratic representative Alexandria Ocasio-Cortez has called for an inquiry into why Robinhood shut users out of trading GameStop stocks.

Stock-trading app Robinhood went down for some users during Wednesday amidst the trading chaos surrounding GameStop, according to a Motherboard report.

Singapore-based iSTOX, which offers a securities issuance and trading platform, has reportedly bagged $50m in its Series A round.

Sweden-based digital financial platform Savr has reportedly collected SEK 50m ($6m) in funding.

wealthpilot, a software-as-a-service platform for wealth management, has bagged ?8m in a funding round to improve data aggregation capabilities.

Berlin-based Elinvar has netted €25m in a new funding round, which will help the WealthTech scale its multi-tenant platform.

Single.Earth, which is helping to save forests through investments, has reportedly raised funding to continue its goal of saving the natural world.

Portfolio optimisation service provider Quantile Technologies has scored a $51m minority investment from growth equity firm Spectrum Equity.

While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds. The FinTech industry returned...