Ethic bags $29m in its funding round to support its growth
Ethic, a tech-driven asset management platform, has closed its Series B round on $29m to support its continued expansion.
Nordic Capital seals hefty 6.4x return in €2.1bn Itiviti trade sale
Nordic Capital has scored a 6.4x return on its investment in trading tech and services provider Itiviti through a €2.1bn sale to trade buyer Broadridge Financial, AltAssets can reveal.
Indonesian WealthTech startup Pluang snags $20m in pre-Series B round
Indonesia-based Pluang secured $20m in a pre-Series B round led by its existing investor, Openspace Ventures to develop and launch more proprietary financial offerings.
Investment platform Freetrade raises $69m in a Series B round
Stock trading app Freetrade $69m in a Series B round and has reached a post-money valuation of $366m.
Why SumUp and Stripe took centrestage among the 41 FinTech investment rounds last week
Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.
Pipe raises $50m investment to support development of its recurring revenues trading platform
Pipe, which claims to be the world’s first trading platform for recurring revenues, has closed a $50m strategic funding round.
Alternative investments platform Yieldstreet reels in $100m to democratise private investing
Digital investing platform Yieldstreet secured $100m in a Series C funding round led by Tarsadia Investments.
FinMkt partners with Persistent to provide banks with digital lending solutions
Point of sale (POS) financing SaaS provider FinMkt has teamed up with global solutions company Persistent.
FundGuard pulls in $12m Series A led by Team8
FundGuard, an AI-powered SaaS investment management and asset servicing platform, has netted $12m in its Series A round.
MoneyGram steps back from partnership with Ripple over SEC lawsuit
Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).
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