WealthTech

France-based Lydia extends its Series B to hit $131m

France-based mobile payments app Lydia has secured an additional $83m in its Series B, bringing the round total to $131m.

Self Financial closes Series D round on $40m

Self Financial, which helps consumers build credit and savings, has held the final close of its Series D on $40m.

Vise AI closes $45m in its Series B round led by Sequoia Capital

Vise AI, an investment management platform, has closed $45m in its Series B funding round, which was led by Sequoia Capital.

Pro skater Tony Hawk and The Chainsmokers join the Series C round of Public.com

Public.com, which claims to be the investing social network, has scored $65m in its Series C round, coming less than a year after its Series B.

Wealth Dynamix to help French private bank improve onboarding

Client lifecycle management solution Wealth Dynamix will help to digitise the onboarding functions of an unnamed French independent private bank, as part of a new partnership.

Neo Financial raises one of the largest Series A round in Western Canada

Neo Financial has netted CAD 50m ($39.3m) in a funding round comprised of both debt and equity.

Why WealthTech funding could drop for the first time in years in 2020

WealthTech funding in the first three quarters is 5.1% lower compared to the same period last year.

Revolut revamps Revolut Plus with new purchase protection feature

UK-based challenger bank Revolut has revamped its paid plans and the addition of Revolut Plus, a new way to protect purchases from theft, damage, or no-returns policies.

Mozper nails $3.55m seed round to expand across Latin America

Mozper is the latest FinTech lining up to digitalise children's pocket money and has just secured $3.55m in seed capital to expand across Latin America.

FCA fines experienced trader for market abuse £100,000

An experienced trader at Fenician Capital Management has been slammed with a £100,000 fine and prohibited from working in any regulated activity after allegedly engaging in market abuse.

News Stories

Unveiling the pitfalls of prioritising form over substance in compliance

In an era marked by rapid technological advancements and evolving regulatory landscapes, the financial services industry faces ever-increasing pressure to maintain robust compliance standards.
fiduciary

The importance of fiduciary duty for registered investment advisers

Registered Investment Advisers (RIAs) are entrusted with a significant responsibility to uphold fiduciary duty, as mandated by the SEC.
Visa and J.P. Morgan Payments have announced a strategic collaboration aimed at enhancing merchant experiences, empowering cardholders, and driving innovation in domestic payments within the US.

Visa and J.P. Morgan partner to drive faster domestic payments in the US

Visa and J.P. Morgan Payments have announced a strategic collaboration aimed at enhancing merchant experiences, empowering cardholders, and driving innovation in domestic payments within the US.
Stockholm Exergi has penned a landmark contract with Microsoft to cover 3.33m tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan in Stockholm.

Stockholm Exergi pens landmark contract with Microsoft for largest-ever carbon removal deal

Stockholm Exergi has penned a landmark contract with Microsoft to cover 3.33m tonnes of permanent carbon removals from bio-energy with carbon capture and storage...
Gen AI

How Gen AI is revolutionising risk management in financial services

In the era of Gen AI, risk management practices in the financial services industry need to be ready for significant evolution.

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