WealthTech

TrustQuay deploys its latest tool into Nightingale Trustees

TrustQuay, a technology developer for the corporate services, trust and alternative fund administration markets, has partnered with Nightingale Trustees.

Funding Xchange awarded £5m by BCR

Loan platform Funding Xchange has been awarded £5m by BCR as part of the Pool E allocation of the RBS Remedies fund.

UK FinTech industry stakeholders launch initiative to fight harassment in the sector

The FinTech industry has a problem with harassment, but now the Fintech For All Charter has moved to do something about it.

FCA bans two Vanguard Wealth Management directors

The Financial Conduct Authority has banned two Vanguard Wealth Management directors from performing regulated activity because of their roles in the submission of false and misleading information about customers’ high net worth status.

HSBC to compete with Transferwise and Revolut with new service

HSBC is launching a new account that is taking a page out of Transferwise and Revolut's playbooks by enabling customers to make international transactions without paying any fees.

US neobank Current bags $131m as it eyes further growth

Challenger bank Current has secured $131m in a Series C funding round led by Tiger Global Management to work towards making the financial lives easier for its users.

Xinja closes its banking services in Australia

Neobank Xinja may have raked in some of the biggest funding rounds in Australia, but now it's blaming Covid-19 and a tough market for its decision to drop out of banking.

Australian FinTech funding set a new record despite deal activity plummeting amid extended lockdowns

Australian FinTech achieved another record year, but medium-sized businesses found it harder to attract investors as Covid-19 swept across the nation.

Global WealthTech funding nearly quadrupled over the last five years after a record 2020...

WealthTech companies globally raised $9.3bn last year across 443 transactions setting a record for both funding and deal activity.

Goal-based investing is a trend for wealth management companies to look out for

Consumer expectations are changing and they want to get a better control of their finances and their futures.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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