WealthTech

UK retail bank Secure Trust Bank has teamed with Mastercard to offer customers more choice and convenience through open banking to repay retail finance.

1fs Wealth, which helps investors control their investments and collectables from a single platform, has received an investment from angel investor Dominique Cerutti.

South Korea-based Tessa, which allows users to buy, trade and collect art, has reportedly received $9m in funding from Kyobo Securities.

With China now being the world’s second largest economy, the renminbi has become a currency of great interest and value. What are the differences between onshore and offshore renminbi?

Koble, an AI-powered platform that improves investment decisions, has reportedly secured $1.2m in pre-seed funding.

reAlpha Asset Management, an AI-powered real estate technology and investment company, has scored $100m in a capital commitment.  

Save, a Texas-based FinTech firm, has raised an undisclosed amount of funding from a round led by BNP Paribas.  

Israel-based bondIT is an investment technology developer for investment firms and has secured a $14m investment led by BNY Mellon.

UK-based challenger bank Starling Bank has released new virtual cards for Personal Current Account customers. It has also updated its Spending Insights.

As the cost-of-living crisis takes hold of the world, there are bound to be a number of challenges the financial market will need to brace for. One of the ways firms are looking to prepare for the challenge is through technology.