How WealthTech innovation is driving the rise of the neo-broker
A recent blogpost by Currencycloud has scrutinised how innovation in the WealthTech market is driving the rise of the neo-broker in wealth management.
Bhutan to pilot central bank digital currency through Ripple partnership
The Royal Monetary Authority (RMA) of Bhutan has teamed with cross-border crypto payment firm Ripple to pilot a central bank digital currency (CBDC) in the region.
Capital markets software dev Irwin nets $20m in its Series A round
Irwin, a software developer for the capital markets, has closed its Series A round on $20m, which will support the expansion of its services.
Ledgy closes Series A as it targets new markets
Ledgy, an end-to-end equity management platform, has reportedly collected $10m in its Series A round, which will support its growth in new markets.
Globacap collects $9m Series A from Johannesburg Stock Exchange
Globacap, which claims to be transforming capital markets, has secured an additional $9m for its Series A round.
Monkey said to close $6m Series A to double help its team
Receivables marketplace Monkey has reportedly collected $6m in its Series A funding to help double its team.
Brokerage platform Alpaca inks $50m to help FinTechs with embedded equities, partners with Plaid
Alpaca, a stock brokerage platform that offers APIs for FinTech apps to connect and trade in US stocks, raised $50m and plans to launch cryptocurrency trading.
Paris-based Shares.io pockets €8.5m in Valar Ventures-led round to launch social and investing app
Paris-based social investment platform Shares.io has closed one of the largest-ever seed fundraising by an early-stage startup in Europe by securing around €8.5m in pre-seed pre-product funding.
The Chainsmokers-backed neobroker Flink inks $57m to disrupt the investment industry in LatAm
Flink, a Mexico City-based neobroker, has raised $57m in a Series B round of funding led by Lightspeed Venture Partners.
Faering, Amazon, Premji Invest, Sequoia, others pour money into WealthTech firm Smallcase
Capital market-focused FinTech company Smallcase raised $40m in funding, led by Faering Capital as well as new investors Amazon Smbhav Venture Fund and Premji Invest.
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