Institutional Investment & Trading

Swiss wealth management company Criptonite Asset Management entered into a partnership with SEC-regulated digital asset investment manager Wave Financial to address the increasing demand from European investors on crypto-related products.

Change, a cryptocurrency investing platform for retail investors, has closed a $4.5m crowdfund from 50 private investors at a $214m valuation.

Canadian mortgage comparison platform nesto has raised $76m from a Series B funding round.

UK FinTech startup TreasurySpring has secured $10m from a Series A funding round.

While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.

HSBC has unveiled AiPEX5, a new AI-powered equity index structured product to bolster its wealth offering in Hong Kong.

Online brokerage Scalable Capital raised $183m from investors led by Tencent, becoming the latest German FinTech to attract sizable funding.

US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.

Investment platform in the Mexican stock market Grupo Bursátil Mexicano (GBM)secured up to $150m investment from SoftBank.

InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.