Brexit delays UK’s Financial Conduct Authority’s fact-finding mission about the wholesale market
The UK’s ongoing divorce negotiations with the EU have caused the Financial Conduct Authority (FCA) to postpone work about the risks of using data in the wholesale market.
Scalable Capital passes €1bn mark of AUM, within just 28 months
Online investment management platform Scalable Capital has passed the €1bn assets under management mark, reaching this goal in just 28 months.
Sustainable investing platform Goodvest closes crowdfunding campaign on double the target
Goodvest, a sustainable investment platform, closed its crowdfunding platform on €588,739, which was more than double its original target.
Customer experiences might be the new battleground for wealth managers
BigTech companies like Amazon and Google has changed the customer expectations for online experiences regardless of industry, but will these experiences be tied to the success of firms in wealth management.
Acorns closes funding from TPG’s Rise Fund
Acorns, a micro-investing app, has closed an undisclosed round of funding from TPG global investment fund.
KBC AM launches WealthTech spin-off everyoneINVESTED to attract younger investors
everyoneINVESTED is a new WealthTech startup spun out of the Belgian asset management company KBC AM. It sets out to make the emotional journey...
DeFi investing software Conduit scores $17m
Conduit, a developer of DeFi products for FinTechs, neobanks and exchanges, has collected $17m in fresh funding.
Investment technology developer DriveWealth closes Series C round on $56.7m
Digital trading technology platform DriveWealth has closed its Series C round $56.7m, which will help it to make strategic acquisitions.
How the coronavirus will affect different segments of the FinTech industry
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
Dubai-based Sarwa collects $1.3m pre-Series A funding
Automated investment advisory solution Sarwa has collected $1.3m in its pre-Series A funding round.
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