WealthTech

Swoop, a prominent FinTech specialising in funding solutions, has joined forces with Sage, a leader in accounting, financial, HR, and payroll technology, to announce their ambitious global partnership.

Farther, a progressive wealth management company, recently celebrated the closure of its Series B funding round on $31m.

Economic uncertainties have seen Western economies grapple with challenges such as high-interest rates, amidst geopolitical issues like the war in Ukraine. This ripple effect has significantly impacted the wealth management sector.

Mexican neobank, albo, has proudly announced its latest accomplishment of closing a growth funding round worth $40m.

Sharesies has recently partnered with BlinkPay and is aiming to revolutionise how investors navigate their financial management.

Platforms have evolved significantly over the years. Earlier, their main function was limited to the administration of assets. This encompassed the realm of custody, execution, and reporting. However, the definition of a 'progressive' platform today has transformed. Let’s delve deeper into the distinctive features of such platforms:

WealthTech is a highly competitive market that continues to welcome more startups each year. In fact, a recent report from 360 Research Reports claimed that the market size will rise at a 22.69% CAGR, going from $8.1bn in 2021 to $27.8bn by 2027. While a huge market  empowers companies to choose between providers, it can be overwhelming when trying to find the best provider for the job.

Crediverso, the bilingual consumer tech platform focusing on providing financial and educational resources to overlooked communities, today disclosed the receipt of an impressive $3.5m in a pre-series A investment round.

Pontoro, the FinTech firm, today revealed its successful accumulation of $4.6m during its Seed II fundraising endeavour.

Frankfurt-based firm Deutsche Börse is inching towards closing its €3.9bn takeover of the Danish investment management software company SimCorp.