Backbase & Nucoro merger set to revolutionise digital investment services
Amsterdam-based Backbase, a global leader in engagement banking software, has announced the acquisition of Nucoro, a digital wealth platform based in the UK. The terms of the deal remain undisclosed, bringing together two key players in the world of FinTech.
Italian FinTech, illimity Bank, secures €50m from EIF for SMEs’ sustainable and digital transformation
Established Italian FinTech, illimity Bank, which focuses on providing innovative and sustainable solutions to small and medium-sized businesses (SMEs), is celebrating a substantial financial boost.
WealthArc: Streamlining FIDLEG Compliance for FinTech Firms
WealthArc, a major player in the WealthTech industry, has recently highlighted key components of the Financial Services Act (FinSA) or FIDLEG compliance and how its platform aids companies to meet the Swiss Financial Market Supervisory Authority's (FINMA) expectations.
Capital markets infrastructure firm Kanastra bags $13m in seed raise
Kanastra, a FinTech company in Brazil's capital markets infrastructure landscape, recently announced a significant financial milestone.
Female Invest launches educational app revolutionising financial literacy for women
Denmark-headquartered Female Invest, a financial education and community platform, has launched an educational app on its mission to improve women's financial literacy.
Indonesian FinTech pioneer Finfra attracts $1m investment round
Finfra, a platform for businesses seeking to launch white-labelled lending services in Indonesia, has disclosed a successful funding round.
OneVest secures $17m Series A funding to revolutionise WealthTech
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.
Generational investment divide: Young favour US while elders back Britain
In Q1 2023, young investors exhibited a preference for US markets, while their older counterparts backed British funds, as per a recent report from smart money app Plum.
PIMFA advocates for a refresh of the UK’s retail investment market
PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.
Revolutionising DeFi access: MetaMask Institutional and Fireblocks’ integration”
MetaMask Institutional, a branch of ConsenSys and a leading force in web3 wallet services for organisations, is integrating with Fireblocks, a trusted platform for enterprise-grade wallet security and transaction governance.
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