WealthTech

Digital savings account Chip is looking to raise up to ?20m in the coming week through a crowdfunding campaign on Crowdcube.

Digital investment advisor Betterment has been valued at nearly $1.3bn, following the close of a $60m Series F funding round.

Core banking platform Modularbank has renamed to Tuum, in a move the company claims better conveys its mission and scope of offering.

A recent blogpost by Currencycloud has scrutinised how innovation in the WealthTech market is driving the rise of the neo-broker in wealth management.

Wealth managers might not be aware, but there is a revolution underway in how they handle customer journeys. Traditionally a firm has used a customer relationship management (CRM) solution to track engagements, but this is being made redundant by the better equipped client lifecycle management (CLM) solutions.

Card issuing company Highnote has raised $54m in seed and Series A funding as the firm emerges from stealth.

Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.

Nucoro, a WealthTech100 company, has made its cloud-native platform available for purchase through Finastra’s FusionStore.

Banking-as-a-service (BaaS) platform Swan has snared $16m in equity funding from venture capital firm Accel.

A recent study by online pension provider PensionBee has found that convoluted processes and putting people off switching pension providers.