WealthTech

UK asset manager Abrdn snaps up stake in Archax

Abrdn, a UK asset management firm, has purchased a stake in Archax, the only digital securities exchange to be regulated in the UK.

Flow Your Money closes €600,000 funding round as it prepares to launch

Dutch digital bank Flow Your Money has closed a €600,000 investment to build the final part of its product, as it gears up for its launch.
fintech insurtech wealthtech regtech ai cybertech esg news

Finance management platform Dwins closes deal from Deutsche Bank

Finance management platform Dwins has secured an investment of just under €1m from Deutsche Bank, for a 25 per cent stake.

Atom bank joins forces with Sesame to improve mortgage accessibility

Atom bank has partnered with Sesame to offer increased availability for consumers applying for mortgages through Sesame’s brokers.
Driving growth in WealthTech: The critical role of adaptive IT architecture

Driving growth in WealthTech: The critical role of adaptive IT architecture

The WealthTech landscape is undergoing constant transformation. A significant driver of this change is the influx of younger customers due to the great wealth...

Australian digital bank Xinja Bank secures AUD $433m in funding for next two years

Australian challenger bank Xinja Bank has collected a AUS $433m ($258m) from Emirates’ World Investments.

Khaleeji Commercial Bank partners with Token for open banking services

Bahrain bank Khaleeji Commercial Bank (KHCB) has formed a partnership with Token.io to support its open banking services and meet new regulatory requirements.

Indonesia-based Akulaku scores $100m strategic investment

Southeast Asia digital banking and finance platform Akulaku has received a $100m strategic investment from Thai full-service bank Siam Commercial Bank.

India-based Groww secures $30m in Series C round

Bangalore-based Groww has closed a $30m Series C financing round led by Y Combinator's growth-stage investment fund YC Continuity.
InvestSuite

WealthTech firm InvestSuite closes €6m Series A

InvestSuite, a WealthTech firm that provides automated investment solutions, has bagged €6m from a Series A funding round.

News Stories

ERM

ERM and CEEZER launch groundbreaking carbon credit portal to drive sustainability

ERM has partnered with digital carbon credit platform CEEZER to launch a state-of-the-art carbon credit portal.
AI

The critical role of model governance in eliminating AI bias

Bias in AI is currently a hot topic in the media and among regulators and industry experts.
The USA dominated the FinTech funding market this week, as overall, the sector surpassed $800m in total capital raised. 

USA dominates market as weekly FinTech funding surges past $800m

The USA dominated the FinTech funding market this week, as overall, the sector surpassed $800m in total capital raised. 
payments

UK government takes steps to combat late payments to small businesses

The UK government has announced a package to support small businesses and the self-employed by addressing the persistent issue of late payments.
Marsh, a global professional services firm offering risk management and insurance solutions, and Tokio Marine Kiln (TMK), a specialist Lloyd's underwriter, have teamed up to create a business interruption insurance facility.

Marsh and Tokio Marine Kiln launch $50m business interruption insurance for ports facing geopolitical...

Marsh, a global professional services firm offering risk management and insurance solutions, and Tokio Marine Kiln (TMK), a specialist Lloyd's underwriter, have teamed up to create a business interruption insurance facility.

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