WealthTech

Greenwood, a digital banking platform focused on serving Black and Latinx communities, has acquired Kinly, a mobile banking platform, in a move that brings together two of the largest Black-owned FinTechs. The terms of the deal were not disclosed.

As more companies shift towards the cloud, data-driven wealth management platform WealthArc has compared cloud-based and on-premise wealth management solutions to see which comes out on top.

UK-based 1fs Wealth, which offers digital wealth intelligence, has reportedly received an investment from Singularity Capital, a US venture capital firm.

Following the rollercoaster year of 2022, 2023 looks like it could equally be full of significant changes. Having already got to the end of the first quarter, Kidbrooke has taken a look at some of the biggest trends shaping the year.

Cloud-based data automation platform Duco will deploy its technology with New Zealand-based wealth manager JBWere NZ.

French FinTech startup Nalo has secured a new funding deal, which was led by Mandalore Partners, an asset manager focused on insurance and savings.

Teahouse Finance, a decentralised asset management and strategy platform provider, has raised a total of $5m in funding.

Super.com, a ‘super’ savings app, has revealed that it has raised $85m in a Series C fundraising round headed by Inovia Capital.

Nebeus, a banking alternative for Web3 that integrates traditional banking and cryptocurrencies, has reached its crowdfunding target of €1.1m.

Bixby Research and Analytics, a provider of credit information on private syndicated loan issuers, has scored $5.5m in a Series A.