Crypto-based neobroker Change valued at $214m after closing oversubscribed crowdfund round
Change, a cryptocurrency investing platform for retail investors, has closed a $4.5m crowdfund from 50 private investors at a $214m valuation.
HSBC bolsters Hong Kong offering with AI-powered equity index product
HSBC has unveiled AiPEX5, a new AI-powered equity index structured product to bolster its wealth offering in Hong Kong.
Neobroker Scalable Capital earns the horn following Tencent-led Series E round
Online brokerage Scalable Capital raised $183m from investors led by Tencent, becoming the latest German FinTech to attract sizable funding.
Dave enters acquisition agreement to speed up IPO plans
US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.
SoftBank invests in GBM to accelerate democratisation of investments in Mexico
Investment platform in the Mexican stock market Grupo Bursátil Mexicano (GBM)secured up to $150m investment from SoftBank.
Standard Chartered unveils plans to launch cryptocurrency trading venture
Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.
Wise, Teleport co-founders back new European investing app in $1.5m pre-seed
UK commission-free stock trading app Lightyear has raised $1.5m from a pre-seed funding round.
Banks more trusted than FinTechs and Big Tech, US survey reveals
A Bank for International Settlements (BIS) survey has found US citizens trust banks more than FinTechs, government agencies and Big Data to protect their personal data.
Why the 46 FinTech rounds from last week are exciting for stock trading and...
With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.
Softbank leads Series A funding round for wealth management startup Zoe Financial
SoftBank’s Opportunity Fund led a $10m Series A round of funding into Zoe Financial, a digital marketplace for people to find and hire vetted independent financial advisers.
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