WealthTech

Chilean FinTech Colektia has secured $4.2m in a Series A investment round on the back of a record year for Latin American FinTech companies.

Nearly two thirds of younger investors are taking big risks on their investments, which could significantly impact their lifestyle, according to a report from the FCA.

A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.

OneVest, a WealthTech firm aiming to significantly upgrade wealth management experiences for both financial institutions and their clients, has just announced a noteworthy CAD$17m in Series A funding.

Alto Solutions, the self-directed IRA platform for individuals to access and invest in alternative assets using their retirement funds, closed a $17m Series A funding.

NOW Money, which claims to be the first digital bank for low-income migrant workers in the Gulf Cooperation Council, has netted $7m in funding.

Berlin-based Elinvar has netted €25m in a new funding round, which will help the WealthTech scale its multi-tenant platform.

A recent survey from PwC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Global FinTech SumUp has revealed that it has entered into a new $100m credit facility from Victory Park Capital (VPC). 

Grow.com, a reporting and analytics dashboard solution, has closed a $16m Series B round of funding, led by Toba Capital.