Retail Investing & Trading

Investment platform ALT has raised $200m in debt financing, which was led by Atalaya Capital Management.

Spain-based financial group GVC Gaesco has signed a partnership with WealthTech giant FNZ to cement its digitisation initiative.

Digitalisation is rapidly transforming investment management and firms are making it a priority. Bricknode, a cloud financial services software developer, has released a new report titled ‘Digital transformation in investment management’. In the report, it covers how cloud and software-as-a-service (SaaS) models are helping investment management firms of all sizes transform their digital services.

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.

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

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.

Goodvest, a sustainable investment platform, closed its crowdfunding platform on €588,739, which was more than double its original target.

Stableton Financial, an alternative investment platform, has collected CHF 15m in its Series A funding round.

Thalex, which offers stablecoin-settled crypto options and future, has closed its Series A on €7.5m.