Bank of England says it will not stifle FinTech
The Bank of England says that it will not stifle FinTech development as it attempts to lay down regulations for the rapidly-growing sector.
truePTS hires former ICE technology head as CEO
Derivatives processing business truePTS, a spinout of digital trading platform operator trueEX, has appointed Zohar Hod as its CEO.Hod is joining the company from Intercontinental Exchange...
Active Allocator hits $8m valuation through equity round
New York-based FinTech business Active Allocator has hit an $8m valuation through an early-stage equity financing round.The business aims to bring institutional quality asset allocation...
Soros, Thiel-backed Trumid raises $10m for corporate bond trading
All-to-all electronic credit trading platform Trumid Financial, has reeled in $10m in a new venture funding round, led by Delphi Financial Group.
TrueEX swipes $9.21m for global IRS trading
New York-based TrueEX, an electronic execution platform for the global interest rate swaps (IRS) market, has sealed $9.21m in venture financing to support its future growth.
Investment advisory platform Vestmark grabs $30m to scale up
Cloud-based wealth management and investment advisory platform Vestmark has raised $30m from private equity firm Summit Partners to bolster its future growth.
Axial grabs U$14m to match private companies with investors and buyers
Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...
WealthForge looks for $2.5m through convertible note offering
Private fundraising technology provider WealthForge is planning to take on another $2.5m in capital through a convertible note offering.
West African Derivatives Exchange raises ?13.5m to launch operations
Fledgling fintech company West African Derivatives Exchange has raised nearly ?13.5m ($17.8m) in equity since it launched in December.
Digital Asset bolsters senior team to set stage for next level of growth
FinTech startup Digital Asset, which uses blockchain technology to make trading more efficient and less costly, has announced several additions to its senior management.