Copper secures $29m for teen-friendly financial platform
Copper, a US bank which set out to become teens’ bank account of choice, has raised $29m in Series A funding.
Robinhood in Ziglu take-over for “new era of digital money”
Retail investing app Robinhood has signed a deal to acquire Ziglu, a UK-based electronic money institution and cryptoasset firm.
New AI-powered retail investing platform Kreesibl launches
Kreesibl is a new AI-powered FinTech platform that has been launched by a black female tech founder who hoped to help millennials with their financial wellness journey after struggling with her own.
Koshex said to close $2.1m in seed funding for investing app
India-based FinTech company Koshex has reportedly raised $2.1m in its seed funding round, which was led by Y Combinator.
Meet Ellevest, the platform in pursuit of closing the gender wealth gap
Ellevest, a financial company on a mission to help women build wealth, has raised $53m in Series B funding.
Moonfare collects $35m for its private equity investment platform
Moonfare, which offers a digital investment platform for private equity investing, has received $35m in funding from German private equity firm Vitruvian Partners.
Majority of pension savers view net-zero pledges as misleading
A study by online pension provider PensionBee has found that 63% of pension savers view net-zero pledges as disingenuous and making not much difference to the climate crisis.
Securities regulators consult on concerns over retail trading surge
The International Organization of Securities Commissions (IOSCO) has published a consultation paper identifying several concerns over the surge in retail trading.
Almost half of European neobanks now offer investment products
Recent research by WealthTech firm Bricknode has found the percentage of European neobanks currently offering investment products is close to half at 44%.
Treehouse secures $18m for DeFi Analytics
Treehouse, a Web3 company transforming on-chain data into metrics to help decentralised finance (DeFi) investors make informed financial decisions, has raised $18m in seed funding.
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