WealthTech

LoopFX, an independent platform for large spot FX trades, has recently announced a significant financial boost. Augmentum Fintech, renowned as Europe’s leading FinTech-focused fund, has invested £2.6m in the firm.

The latest survey conducted by Northern Trust, involving 300 global asset management firms, has unveiled a notable shift towards prioritizing product quality and accuracy. Unlike the previous year, a significant majority of asset managers (72%) are now focusing on enhancing their product strategies, which includes improving distribution methods, data management, and outsourcing functionalities.

LGT, the international private bank of the Princely House of Liechtenstein, in collaboration with Avaloq and Synpulse8, has introduced the OpenWealth API standard to enhance its business with financial intermediaries.

In the rapidly evolving sector of WealthTech, leading the charge in innovation is not enough; firms must also excel in delivering superior client experiences.

Ramify, a French WealthTech company, has announced a financial milestone with the completion of an €11 million Series A funding round.

Sidekick, the wealth management platform known for providing services traditionally reserved for the ultra-wealthy, has launched a new savings account designed to significantly enhance how individuals save.

Prosper, a WealthTech startup, has successfully reached its £800,000 funding goal on Crowdcube, even before opening up to public investment.

In the rapidly evolving world of WealthTech, WealthForce.ai is setting new standards with its latest collaboration.

Avaloq and Comyno have embarked on a significant partnership by launching a pre-integrated securities financing solution.

Sidekick, a UK-based financial services innovator, has successfully secured £8.5m in combined seed and debt financing to revolutionize access to wealth management.