WealthTech

Vanilla, an award-winning estate planning software company, announced a significant funding round. 

Tietoevry has partnered with AI-RAN Alliance, aiming for AI-driven mobile network advancements.

SigFig, a prominent provider of digital wealth management solutions, has enhanced its Engage platform for financial advisors with new AI functionalities.

Boosted.ai, a Toronto-based company specializing in automating investment management through AI, has received a significant boost with a $10m growth capital infusion from CIBC Innovation Banking.

The rapid advancements in artificial intelligence, particularly in language model technology, are reshaping the data science landscape.

Revolutionizing wealth management: Is hybrid advisory the future?

Capitalize, a pioneering platform designed to assist consumers and financial institutions with digital transfers of retirement assets, has successfully secured $19m in Series B funding.

Keabank, a burgeoning neobank, has successfully garnered an investment at an initial valuation of €10.5m.

Singapore-based investment platform Syfe, established in 2017, has successfully raised $27m in a Series C funding round.

During the third quarter of 2024, the wealth management sector witnessed shifts, heavily influenced by sustainability, digital innovation, and regulatory adjustments.