WealthTech

SIMON Markets collects $100m in first batch of strategic financing

SIMON Markets, which claims to be transforming digital wealth management, has secured $100m in the first batch of a strategic financing round.

Clim8 smashes its crowdfunding target to avert climate change and boost sustainable investment

Clim8 Invest, UK-based sustainable investing app, closed its latest crowdfunding campaign on Crowdcube, hitting £2.85m from over 1,800 investors.

Subscription-based FinTech Monarch banks $4.8m to help consumers manage their financial lives

Monarch, a subscription-based platform that aims to help consumers plan and manage their financials, has raised $4.8m in seed funding led by Accel.

Thunes purchases Limonetik to speed-up global payment collection roll-out

Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.

What do wealth managers really think of life in the front office?

A research report by Wealth Dynamix and Compeer has provided insights into how front office professionals view the client lifecycle management process.

PayTech Currencycloud set to be acquired by Visa in $700m deal

Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.

FinTechs use market alliances to offer leading savings products, research finds

Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.

Will Smith, Jared Leto bet on Titan, valuing the startup at $450m

Investment management platform Titan raised $58m in a funding round led by venture capital giant Andreessen Horowitz's cryptocurrency fund, with participation from celebrities Kevin Durant, Odell Beckham Jr, Jared Leto and Will Smith.

Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment

US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.

Currencycloud highlights the rise and evolution of invoice finance

Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.

News Stories

BOCHK adopts Worldline's Paysuite to revolutionise payment systems in Hong Kong

BOCHK adopts Worldline’s Paysuite to revolutionise payment systems in Hong Kong

Worldline, a frontrunner in global payment services, has teamed up with the Bank of China (Hong Kong), marking Worldline’s debut deployment of its Paysuite Essential Edition, formerly known as Cardlite, in Hong Kong.

VCI Global accelerates AI cloud expansion with $30m from Alumni Capital

VCI Global, a Nasdaq-listed leader in AI cloud computing solutions, has secured a substantial $30m investment from Alumni Capital LP. This marks a significant reinforcement...
Xmore AI secures investment from reAlpha AI Labs to enhance cybersecurity solutions

Xmore AI secures investment from reAlpha AI Labs to enhance cybersecurity solutions

reAlpha Tech Corp, a trailblazer in real estate technology, has announced a strategic investment in Xmore AI.
Daba Wins $50k at Ecobank FinTech Challenge

Daba Wins $50k at Ecobank FinTech Challenge

In a significant achievement for African FinTech, Daba has clinched first place at the 2024 Ecobank FinTech Challenge.
AMLYZE garners €2.35m in seed funding to combat financial crime

AMLYZE garners €2.35m in seed funding to combat financial crime

AMLYZE, a leading RegTech company, has successfully closed a €2.35m seed funding round.

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