WealthTech Envestnet offers $500m in convertible notes
Envestnet, a developer of technology and systems for wealth management and financial wellness, has priced an offering of $500m in convertible notes.
How technology can improve wealth transfer
Wealth transfer is an important topic for all wealth managers, but most fail to keep hold of the heirs. But what if there was a way to boost retention rates?
Singapore’s ADDX bags $20m for private market investing app
Singapore-based private market investing app ADDX has reportedly raised an additional $20m for its pre-Series B investment round.
Australia’s Wagepay nets $10m early access to earned wages
Australia-based Wagepay, which gives employees real-time access to a portion of their earned wages, has reportedly collected $10m in funding.
Open banking app Boodil nets £525k in pre-seed haul
Boodil, a Manchester-based provider of an open banking payments and consumer engagement app, has scored £525k in a pre-seed raise.
Cryptocurrency exchanges try to reaffirm faith
Cryptocurrency exchanges have been reaffirming the public of their reserves to quench customer fears, as the market reacts to FTX.
Meet Hamsa, the investment app designed by women, for women
In a bid to tackle the gender investment gap, Hamsa App has positioned itself as a “no-nonsense” investment tool to bring financial freedom and confidence to women globally.
Cryptocurrency brokerage Genesis receives $140m after FTX downfall
Genesis, a cryptocurrency brokerage, is reportedly set to receive a $140m equity infusion from its parent company, Digital Currency Group, to support its balance sheet.
Tellus closes seed to make savings through real estate
Tellus, which stylises itself as a smart savings platform powered by real estate, has closed its seed funding round on $16m.
Savvy collects $11m as it modernises human financial advice
Savvy, which is on a mission to modernise human financial advice through technology, has collected $11m for its Series A-1 funding round.