Retail Investing & Trading

Despite data being the lifeblood of wealth management, many firms lack complete and clean datasets. Brian Costello - head of data strategy and governance at Morningstar Wealth - recently sat down with FinTech Global to explore how ByAllAccounts is helping wealth technology enterprises, platforms and the wealth managers they serve improve their use of data.

Real estate investment platform Stake has raised $8m in its oversubscribed pre-Series A funding round.

New York-based SellersFunding is expanding its data-driven alternative lending platform’s offerings to SMEs in Canada and Britain.

Pluang, an Indonesian company democratizing access to financial products in the country, has raised $3m in Series A funding.

Fundpath, a pivotal player in the WealthTech sector, recently confirmed a new investment milestone with a £2m funding round.

Having already partnered up in the UK in 2016, Klarna and ASOS are now expanding their team-up across the pond.

Composer Technologies, a US-focused automated investing platform, has closed a $6m investment.

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

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.

butterwire, an investment portfolio analysis platform, has raised £308,440 in its crowdfunding campaign.