BlueYard bets on future of fintech, web, sustainability with €110m second fund
European venture capital newcomer BlueYard Capital has pulled in more than €110m for the final close of its second fund.
Japanese banking giant MUFG launches JPY20bn FinTech fund
Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) has launched a JPY20bn ($185m) FinTech-focused venture capital fund targeting US and Asian startups.
Financial planning software developer Vena Solutions gets $115m equity financing
Cloud-based financial planning and analysis software developer Vena Solutions has picked up $115m of equity financing led by JMI Equity.
Robo-advisers are growing in popularity, but are still only at the beginning stages
Opportunities are rapidly increasing for robo-advisers, but the market needs an ‘awful lot more collaboration’, according to a panel at the Global WealthTech Summit 2018.
FinTech backer Menlo Ventures launches $450m-targeting special opportunities fund
Menlo Ventures is upping the stakes for its second tilt at a "special opportunity" fund raise by eyeing up to $450m for the vehicle.
Carta pulls in $80m during 2018, raising its valuation to $800m
Carta, a company which helps to manage the equity of private and public companies and investors, pulled in $80m during 2018, alongside the close of its Series D.
Australia’s Volt Bank launches through Temenos Cloud
Australian challenger Volt Bank has launched its new online banking platform powered by Temenos'?financial software offering.Volt?bank has launched on the Temenos Cloud which will...
Robinhood launches checking and savings app
Free stock trading platform Robinhood has launched a new checking and savings service, which offers 3 per cent interest on savings.
iwoca leverages open banking for new partnership with Barclays & HSBC
Barclays and HSBC have both connected with small business lender iwoca, making full use of the opportunities presented by open banking.
Experimenting and failing is a big part of partnering
Financial institutions need to be willing to experiment with partnerships and accept failure is likely, according to a panel at the Global WealthTech Summit...
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