UK parliament launches crypto advocacy group
The UK parliament has launched a cross-party group of lawmakers to create a framework to regulate digital asset markets, a report by the Financial Times has revealed.
Why wealth managers need the right type of simplicity
Simplicity is the ultimate sophistication, Leonardo da Vinci once said. However, simplicity can be a double-edged sword when digitising wealth management and the key is finding the right balance.
Where to start with digital transformation in wealth management
With every new variant of Covid, the end of the pandemic continues to move further into the distance. These past two years have shown the cruciality of digital services, and firms no longer have a choice to avoid it if they want to stay successful. The trouble is, where does a firm start?
IRA investing app Alto Solutions scores $40m round
Alto Solutions, a self-directed IRA platform that helps individuals invest into alternative assets through tax-advantaged retirement funds, has bagged $40m in Series B funding.
Pluto scores $4m for its retail investing app
Free investing platform Pluto has raked in $4m in its seed funding round, which was led by at.inc.
Savings and investing app Ant Money acquires video game saving app Blast
Embedded finance platform Ant Money has scored $20m in its Series A funding round
Moomoo to make its mark in Australia
A one-stop digital investment platform Moomoo is to launch in Australia, the company will provide Australian investors with premium online investment services.
Dominance of retail investors, accelerated digitalisation – 2021 in WealthTech
For many companies, 2021 was the year to get back on track. Last year, the Covid-19 sent ripples across the financial market and companies were forced to enter survival mode, but this year saw more relaxed measures and a chance to push for growth once again. But was this the case?
Why decision-making modelling might be impacting customer experience
While financial services scramble for digital transformation, Kidbrooke fears most have not assessed how the decision-making models of underlying technology might impact customer experiences.
Why wealth managers need to focus on the young investor
Wealth managers typically focus on older people, as that is where the money is. However, young investors hold the wealth of tomorrow and capturing them early will stop them going elsewhere.