What does the future hold for the WealthTech industry?

Like a wide range of other industries, the WealthTech sector has seen digitisation accelerate massively recently – with the pandemic only serving to speed up this trend.

Chip looks to raise funding through crowdfunding campaign

Digital savings account Chip is looking to raise up to ?20m in the coming week through a crowdfunding campaign on Crowdcube.

How Nucoro is helping banks digitise to take on FinTechs

Financial institutions are not as nimble as FinTechs, but that doesn’t mean they cannot offer their own digital services. The answer is integrating technology stacks designed by specialised companies, that enables the financial institution to easily implement a range of digital investing propositions.

Bambu acquires Tradesocio to support its international growth

Bambu, a developer of digital wealth management solutions, has acquired fellow technology developer , doubling its employee count to 130.

Study finds majority of SMEs want human-digital hybrid banking approach

A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.

B2B WealthTech Flanks scores €2.3m in funding

Flanks, a B2B WealthTech platform aimed at improving investor management capabilities, has reportedly scored €2.3m in a funding round.

Why Wealthsimple and CyberTech success stories stood out among the 25 FinTech rounds raised...

CyberTech ventures, Deadpool-backed enterprises, and InsurTech startups are among the big winners of the 25 FinTech funding rounds reported last week.

AI chatbot developer Ada joins the unicorn club after Series C close

Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.

Singapore’s StashAway secures $25m in Sequoia Capital India-led round

Singapore-headquartered StashAway closed a series D funding round for $25m led by Sequoia Capital India, bringing its total paid-up capital to $61.4m.

Indonesian robo-advisor Bibit.id banks $65m led by Sequoia India

Robo-advisor Bibit.id raised $65m in a funding round led by Sequoia Capital India.

News Stories

Steering third-party risks in banking: Final guidance by regulatory agencies explained

Steering third-party risks in banking: Final guidance by regulatory agencies explained

Final guidelines aimed at bolstering third-party risk management in banking organisations have been issued by a cohort of federal bank regulatory agencies. This initiative is designed to help such institutions better navigate the risks arising from relationships with third-party entities, with a particular emphasis on financial technology, or FinTech, enterprises.
CBA takes a stand against cryptocurrency scams

CBA takes a stand against cryptocurrency scams

As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.
GTreasury and C2FO: A strategic alliance unlocking liquidity solutions for treasurers

GTreasury and C2FO: A strategic alliance unlocking liquidity solutions for treasurers

In a significant announcement today, GTreasury, a premier integrated treasury and risk management systems provider, revealed a strategic collaboration with C2FO, known as the world's leading on-demand working capital platform.
BingX and CoinTracking revolutionise crypto tax reporting in strategic alliance

BingX and CoinTracking revolutionise crypto tax reporting in strategic alliance

BingX, a prominent global cryptocurrency exchange, has revealed its new collaboration with CoinTracking, the renowned cryptocurrency portfolio management and tax reporting platform.
Amsterdam-based InsurTech Insify attracts $10.7m

Amsterdam-based InsurTech Insify attracts $10.7m

Amsterdam-based InsurTech firm, Insify, has successfully sealed its Series A funding round by amassing an additional $10.7m.

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