WealthTech

Sudan-based Bloom, a FinTech which offers financial products aimed at improving the lives of East Africans, has raised $6.5m in a seed round.

Vietnam-based FinTech company MFast has reportedly collected $2.5m in its latest funding round.

Accelex, a SaaS platform redefining alternative investment data management, has raised $5m in funding.

Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.  

Germany-based Ride Capital, which aims to democratise wealth structuring, has reportedly raised €3m in funding.

Pebble, which offers direct indexing services, has closed its seed round on an undisclosed amount.

Equity management platform Pulley has closed its Series B round on $40m, as it launches free service to startups.

Quartr, an app that helps investors gain access to company information and earnings calls, has extended its seed round to $7.1m.

Decentralised lending platform Morpho has raised $18m from a funding round headed by a16z Crypto and Variant.

As more wealth management companies move towards digital investment guidance and direct-to-investor models, Kidbrooke has asked the question if digital channels can match the teams of physical advisors in terms of quality.