Investing app Warren said to close $54.95m funding round
Investing platform Warren has reportedly raised $54.95m in a funding round from Singapore sovereign wealth fund GIC.
FCA publishes proposals to bolster financial promotion rules for high-risk investments
The UK’s Financial Conduct Authority has published proposals to bolster its financial promotion rules for high-risk investments in a bid to help retail investors make better decisions.
Neo-broker BUX scores $80m in its funding round
European neo-broker BUX has scored $80m in a funding round to accelerate the company’s strong growth.
PwC UK names the nine WealthTechs in its latest accelerator cohort
PwC revealed the latest cohort of FinTechs who have joined the Wealth Scale programme.
WealthTech startup Bite Investments closes its pre-Series A
Bite Investments, an alternative investment platform, has closed its pre-Series A funding round.
Revix scores $4m investment to support launch of investing mobile app
South Africa-based cryptocurrency investment platform Revix has raised R58.5m ($4m) in its latest funding round.
Online community for investors Finary said to collect $3.2m in funding
Finary, an online community for investors, has reportedly collected $3.2m in its seed funding round.
HUBX teams up with Finastra to reduce manual workloads for corporate lenders
Capital raising solution developer HUBX has teamed up with Finastra to help corporate lenders during the loan syndication process by reducing manual workloads.
Plaid inks $425m Series D, gains decacorn status
Open banking platform Plaid hauled in a massive $425m Series D funding round led by Altimeter Capital with participation from new investors Silver Lake and Ribbit Capital, pushing the firm’s valuation to $13.4bn.
Why digitalisation is key for success in wealth management
As new technologies and digitalisation continue to change the way wealth managers operate, it’s more essential now than ever to understand the changing needs and requirements of clients and capitalise on client-centricity and digitally-enabled interaction channels.