Robo-advisor Bambu completes funding round
Singapore-bsaed B2B robo-advisor Bambu has completed its latest funding round.
How financial institutions can avoid FinTech investing’s three biggest traps
FinTech's irresistible rise has financial institutions scrambling over one another to take advantage of the sector – but a trio of major pitfalls are present to engulf unwary investors, FinTech author Paolo Sironi explained in a research interview with FinTech Global
Betterment receives $70m extension to Series E
Digital financial advisor Betterment has received a $70m extension to its Series E, which closed on $100m last year.
Spain-based Finizens receives €4m investment
Spain-based Finizens has received a €4m investment from undisclosed European investors.
Halal investing platform Wahed pockets $5m
Halal investing platform Wahed has raised $5m in funding from strategic investors. The New York-based startup aims to offer ethical robo-based, Shariah-compliant investing to Muslims.
WealthTech business Prumentum takes $25m and acquires stake in Plancorp
Silicon Valley-based WealthTech business Prumentum Group has raised $25m in a Series A round. The funding comes from family offices, including the Fremont Group and the Cynosure Group.
StashAway lands $2.15m to get its robo-advisory MAS approved
Singapore-based robo-advisor StashAway has raised S$3m ($2.15m) to launch its regulatory approved service in the city.
Aviva buys majority stake in ‘robo’ investment platform Wealthify
Aviva has bought a majority stake in to robo-advisor solution provider Wealthify, for an undisclosed value.
Robo-adviser MortgageGym bags £500,000 from former Deutsche Bank exec
Mortgage robo-adviser MortgageGym has reportedly picked up a £500,000 investment from former Deutsche Bank AG COO Henry Ritchotte.
Folio grabs $16m for theme-based investing
Japanese online asset management platform Folio has picked up $16m in a Series A round of investment.
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