WealthTech

Derivatives analytics platform OpenGamma scores $21m

OpenGamma, which is on a mission to transform treasury within financial markets, has closed a $21m in funding.

Crypto exchange FTX hits $32bn valuation after Series C

Cryptocurrency exchange platform FTX Trading has bagged $400m in its Series C funding round, which brings its valuation to $32bn.

How Ayoconnect intends to ‘bank the unbanked’ in Indonesia

Southeast Asian open finance platform Ayoconnect has closed a $15m Series B funding round led by Tiger Global.

Nigerian startup Bamboo secures Series A

Nigerian startup Bamboo, which provides an investment platform, has raised $15m in Series A funding led by Greycroft and Tiger Global.

Circula rides expense management wave with ?12m Series A

German corporate expense management platform Circula has raised ?12m from a Series A funding round as the expenses management market continues to heat up.

Walmart-backed Hazel to acquire Even and One

Hazel, the independent FinTech launched in partnership with Walmart and leading investment firm Ribbit Capital, has entered into an agreement to acquire FinTech platforms Even and ONE, as the company emerges from stealth.

Compound exits stealth with $25m Series B

Wealth management platform Compound has closed a $25m Series B round led by Greenoaks and angel investor former Stripe product manager Lachy Groom, a report by Coverager has revealed.

UBS expands US foothold with Wealthfront take-over

Investment bank UBS has entered into an agreement to acquire automated wealth management provider Wealthfront in a $1.4bn all-cash deal.

TrueLayer is taking European banking by storm

European open banking platform TrueLayer has expanded its operations, adding Austria, Belgium, Denmark, Finland and Portugal, for open banking data (AIS) and payments (PIS).

Tuum lands €15m from Portage Ventures-led Series A

Core banking platform Tuum has scored €15m in a Series A round of funding, with Portage Ventures leading the round.

News Stories

Cybsafe

Banking sector tops consumer trust for cybersecurity, research finds

Research from CybSafe has unveiled that consumers place the highest trust in the banking industry when it comes to safeguarding sensitive data.
Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.

Insurance startup Urban Jungle set to announce $14.4m funding raise

Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.
AAB

AAB Group launches dedicated ESG division to navigate regulatory changes

AAB Group is a professional services firm, offering a comprehensive range of financial and advisory solutions to businesses across the UK and Ireland. According to...
FSB

FSB Asia highlights urgency for climate-focused financial stability measures

FSB RCG Asia convened in Colombo today, addressing crucial financial concerns and exploring avenues for bolstering regional financial stability.
Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.

InsurTech MGA Loadsure enters European market

Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.

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