WealthTech

Glovo, the Barcelona-founded global technology platform, recently hosted the Glovo Ukraine Startup Lab competition in partnership with the Ukrainian Startup Fund.

73 Strings, a valuation and portfolio monitoring solutions provider, has achieved a remarkable success by securing its Series A round.

LemFi has raised $33m in its latest funding round, as the FinTech platform looks to transform financial services for immigrants all around the globe.

PIMFA WealthTech, a FinTech and digital market network renowned for bridging the gap between FinTechs and the Wealth Management sector, has partnered with Morningstar to disclose the outcomes of their pioneering joint venture.

The FIX Trading Community ('FIX'), an industry-driven standards body dedicated to streamlining securities transactions, announced the launch of innovative new message types on 20 September 2023.

Tietoevry, a leading technology company with Nordic roots and global reach, and Kivra, a prominent digital mail service with strong roots in Sweden, have teamed up to revolutionise digital postal services for Finnish businesses.

The global super app market was valued at $58.6bn in 2022 and is projected to grow at a 28.9% CAGR to reach a $722.4bn valuation by 2030. Having originated in Asia, super apps are now becoming popular around the world. A report from PYMNTS and PayPal surveyed consumers in the US, UK, Germany and Australia, found that 72% of consumers expressed interest in super apps – UK consumers were the most interested with 74% indicating interest.

WealthTech firm Velexa has recently partnered with TradingView, a leader in charting platforms for traders and investors.

Nepalese commercial bank, Kumari Bank, has entered into a strategic partnership with Compass Plus Technologies to bolster its payments processing capabilities. 

One of the biggest challenges that wealth firms face is providing their advisors with seamless access to custodial data. This is not just a technical hurdle, but a fundamental aspect of how WealthTech can empower financial advisors to better serve clients with utmost confidence.