FTX US acquires clearing firm Embed
FTX US has acquired Embed Financial Techologies, a clearing firm specialising in providing white label brokerage services and APIs to broker-dealers and investment advisors.
Bricknode sees itself as the SpaceX of the financial industry
Sweden-based Bricknode, a cloud financial services software company, sees itself as the SpaceX of the financial industry.
WealthTech unicorn Wealthsimple cuts 12.6% of its team
WealthTech unicorn Wealthsimple has reportedly cut 12.6% of its workforce due to ?changes in market conditions.?
Germany-based investment API Upvest scores $42m
Germany-based investment API developer Upvest has reportedly collected $42m in its Series B funding round.
Personal finance app Cleo collects $80m for chatbot app
Financial management app Cleo has reportedly raised $80m in funding from Sofina, a Belgium-based investment firm.
Paul Pogba joins $50m Series B of Sharia-compliant investing app Wahed
Sharia-compliant ethical investing platform Wahed has received $50m in its Series B funding round as it plans to launch an ethical neobank.
How to remove anxiety from the investment process
With the rise of a more consumer-friendly investment sector thanks to the rise of digital apps, more and more people are taking up investing. However, there is still considerable anxiety around the process.
Siply secures $19m to serve India’s savers
Siply, a startup that has positioned itself as a micro-savings app for underserved Indians, has raised $19m in a pre-Series A funding round.
Tietoevry teams up with Quadient for customer communication management solutions.
WealthTech company Tietoevry has formed a partnership with Quadient to deliver customer communication management solutions.
WealthTech Narmi rakes in $35m from Series B
Narmi, a provider of open digital banking technologies, has raised $35m in a Series B financing raise.
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