Institutional Investment & Trading

fintech insurtech wealthtech regtech ai cybertech esg news

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.
fintech insurtech wealthtech regtech ai cybertech esg news

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...
fintech insurtech wealthtech regtech ai cybertech esg news

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.
fintech insurtech wealthtech regtech ai cybertech esg news

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...
fintech insurtech wealthtech regtech ai cybertech esg news

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.
fintech-news

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.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week