What will the rise of super apps mean for wealth management?
The global super app market was valued at $58.6bn in 2022 and is projected to grow at a 28.9% CAGR to reach a $722.4bn valuation by 2030. Having originated in Asia, super apps are now becoming popular around the world. A report from PYMNTS and PayPal surveyed consumers in the US, UK, Germany and Australia, found that 72% of consumers expressed interest in super apps – UK consumers were the most interested with 74% indicating interest.
Dealflow, the AI-driven FinTech, secures $700k in a pre-seed round
Dealflow, the innovative FinTech firm aiming to transform how global companies manage their finances in the AI era, is in a celebratory mood.
Ctrl Alt’s FinTech venture scoops up £2.2m
Alternative asset provider Ctrl Alt, a pioneering FinTech company in the realm of alternative assets, has recently announced the securing of £2.2m in an investment round. This round has been spearheaded by prominent investors such as Forward Partners and Middle Game Ventures.
From high-quality aggregated data to open banking support – How ByAllAccounts is taking wealth...
Despite data being the lifeblood of wealth management, many firms lack complete and clean datasets. Brian Costello - head of data strategy and governance at Morningstar Wealth - recently sat down with FinTech Global to explore how ByAllAccounts is helping wealth technology enterprises, platforms and the wealth managers they serve improve their use of data.
Bridging global investors to U.S. stocks: Airwallex and Alpaca’s strategic partnership
Airwallex, a foremost global payments and financial platform for contemporary businesses, has entered into a partnership with Alpaca, an innovative developer-first API brokerage platform. The...
UnaFinancial and Velexa forge a pioneering partnership, championing digital investment in the UAE
Velexa and UnaFinancial have recently declared a strategic alliance that beckons a new era in digital investing within the UAE.
Alpaca seals $15m strategic investment from Japan’s SBI to boost Asian financial services
In a pivotal stride towards expanding its Asian business operations, Alpaca, a global brokerage platform specialising in stock trading, has announced a new strategic...
SecondSTAX collaborates with Nigerian Exchange Limited to amplify intra-Africa capital flows
SecondSTAX, a pioneering tech firm specialising in enhancing intra-Africa capital and investment flows, has recently entered a promising collaboration with Nigerian Exchange Limited (NGX).
Ostium Labs secures $3.5m for groundbreaking real-world assets exchange
Ostium Labs, a pioneering FinTech company, has made headlines with its latest funding round. The firm recently secured $3.5m in funding, with investment heavyweights General...
Investors seek professional guidance amidst booming risk appetite
Investors' financial behaviours have manifested a palpable shift towards riskier waters in 2023, marking a noticeable increase in an aggressive approach to investments compared to the previous year.