Institutional Investment & Trading

BankSathi reels in $200,000 in seed round to help financial advisors in India

Delhi-based FinTech BankSathi Technologies raised $200,000 in a seed funding round from a group of angel investors.

French WealthTech Finary inks €2.2m from Y Combinator, Speedinvest

Paris-based real-time investment monitoring platform Finary raised €2.2m in a seed round funding led by European VC Speedinvest.

Why Jay-Z-backed Ethos and crypto-based firms aced among the 40 FinTechs raising money last...

From crypto startups raising millions despite Elon Musk pulling out of the bitcoin frenzy to subscription-based firms capitalising on the Covid-19 crisis, this is what you can learn from the 40 FinTech funding rounds of last week.

FinScience, TietoEVRY partner to provide ESG scoring through investment platform

Users of TietoEVRY’s WealthMapper platform will now be able to see Environmental, Social and Governance (ESG) scores across their investment portfolios.

Bank of Israel opens consultation on potential digital shekel

The Bank of Israel has opened a public consultation on the potential issuance of a digital shekel.

Crypto unicorn Bitpanda extends its Series B round with an additional €10m

Austria-based FinTech unicorn Bitpanda raised an additional €10m as an extension of its Series B round of funding after its €142.5m round earlier in March this year.

Germany-based Upvest collects €4m in funding

Berlin-based Upvest, which has built an investment API, has collected €4m in funding from ABN AMRO Ventures.

Forge Global nets $150m as it receives FINRA approval

Forge Global, a private securities marketplace, has netted $150m in funding, alongside getting approval from FINRA to operate as a single broker dealer.

Klarna bolsters UK presence with key regional market expansions

FinTech juggernaut Klarna has expanded its footprint in the UK with a new office in London and larger premises in Manchester.

Corporate spend management firms and celebrity-backed companies among the 42 FinTech rounds raised last...

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

News Stories

How purpose-built AI is transforming compliance from detective controls into preventive controls

As AI rewrites the playbook for financial crime and conduct risk, Behavox founder and CEO Erkin Adylov explains how purpose-built models are shifting compliance...
FinTech

Over $1.1bn raised across funding raises in red-letter week for FinTech

There was over $1.1bn raised across 23 deals this week in the FinTech sector, one of the most powerful weeks for raises seen so...

Ortec Finance’s GLASS PRISM targets insurance portfolio optimisation

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers.
crime

Why real-time intelligence sharing is now a legal must

A decade ago, the notion of regulated financial institutions exchanging crime intelligence in real time felt far-fetched. Legal barriers loomed large, trust between banks...
LSEG launches real-time vessel tracking API

LSEG launches real-time vessel tracking API

London Stock Exchange Group (LSEG) has unveiled a new Vessel Tracking API, developed in collaboration with satellite operator Kinéis and Wood Mackenzie Vesseltracker, offering...

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