Retail Investing & Trading

Investing platform Warren has reportedly raised $54.95m in a funding round from Singapore sovereign wealth fund GIC.

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.

European neo-broker BUX has scored $80m in a funding round to accelerate the company’s strong growth.

PwC revealed the latest cohort of FinTechs who have joined the Wealth Scale programme.

Bite Investments, an alternative investment platform, has closed its pre-Series A funding round.

South Africa-based cryptocurrency investment platform Revix has raised R58.5m ($4m) in its latest funding round.

Finary, an online community for investors, has reportedly collected $3.2m in its seed funding round.

Capital raising solution developer HUBX has teamed up with Finastra to help corporate lenders during the loan syndication process by reducing manual workloads.

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.

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.