WealthTech

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

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

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 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.

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.

The UK will introduce a new regulator to supervise investment firms in 2022 and the top City watchdog now wants to hear from market stakeholders.

Digital investment platform Neufund has collected €4m in a funding round, which was led by Atlantic Labs and Factory Berlin founder Udo Schloemer.

CNote, which helps individuals to invest into economic inclusion, has secured $3m in an oversubscribed private funding round.

Implementing digital wealth management solutions can be tempting for many companies. However, the choice of whether they should build their own, enlist vendors or mix the two approaches is far from easy to make.

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.