WealthTech

FinTech companies continue to blaze a trail with CyberTech and InsurTech enterprises in the lead. The 34 ventures in the sector that topped up their accounts last week prove that.

Singapore-headquartered StashAway closed a series D funding round for $25m led by Sequoia Capital India, bringing its total paid-up capital to $61.4m.

Moscow-based digital bank Tinkoff has introduced the Dolyame.ru the country first buy now pay later (BNPL) platform.

Payment solutions provider MYPINPAD has expanded its presence into Australia after it received certification from the Australian Payments Network (AusPayNet).

Till Financial, a family financial tool to educate kids on healthy spending habits, has bagged a $5m funding round.

Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.

Zurich-based WealthTech100 firm Avaloq has entered a partnership with compatriot FinTech Adviscent to provide smart content solutions for wealth managers and private banks.

European neo-broker BUX has scored $80m in a funding round to accelerate the company’s strong growth.

Private investing platform Cadence has rebranded to Percent alongside the close of a $12.5m Series A round.

FinTech platform The Tifin Group raised $22m in Series B funding from JP Morgan and others with the aim to become a one-stop shop for wealth and asset management.