Retail Investing & Trading

A climate stress test by the European Central Bank (ECB) has found firms based in areas most open to physical risk could see their creditworthiness impacted by climate change.

Climate change is one of the biggest challenges we face. While policies like the Paris Agreement attempt to change the world to have a net-zero emissions impact, there are still billions of dollars invested each year into harmful industries, such as fossil fuels. As pressure on climate change rises, could firms start to focus more on ESG funds?

The UK Financial Conduct Authority (FCA) has issued a new strategy that is designed to improve the confidence consumers have to invest, with more regulations likely.

UK commission-free stock trading app Lightyear has pulled in $8.5m from a seed funding round led by Mosaic Ventures.

Digital investing platform Peaks has reportedly raised €5m in a funding round, which will bolster its presence in the Netherlands and Germany.

In wealth management, prioritising client service is the only way for establishing a long-lasting relationship. And wealth managers must leverage intelligent technology to provide a more efficient customer experience and gain their client’s trust.

India-based Stockal, a retail investment platform, has reportedly raised $1m from ScaleX Partners.

Shariah-compliant crowdfunding platform Ethis Global has raised RM 6.8m ($1.6m) in its pre-Series A round.

DriveWealth Holdings, a fractional trading and embedded finance platform, has collected $450m in its Series D round, putting its valuation at $2.85bn.

India-based Klub, a financing platform aimed at brands with high customer engagement, has reportedly netted $20m in a seed funding comprised of a mix of equity and debt.