Robo Advisors

Japan-based WealthNavi bags $37.6m in funding round

WealthNavi, a robo-advisor based in Japan, has raised 4.1bn JPY ($37.6m) in a funding round to support the expansion of its management base.

Wealth managers could get more clients through digitalisation

Most wealth managers are missing out on huge opportunities by not offering clients with small assets a chance to tap into their expertise, according...

WealthTech company FinMason has analysed over ten million portfolios

FinMason, an investment analytics provider, has passed the milestone of having analysed more than ten million portfolios in the past two years.

Just over half of retail investors would use a robo-adviser

Robo-advisers have risen in popularity, but only 53% of retail investors would consider using a robo-adviser platform.

Bookkeeping startup OKCredit raises $67m as India’s FinTech scene is booming

Bangalore-based OKCredit has completed a $67m Series B funding round led by Lightspeed Venture Partners and Tiger Global as the country’s FinTech scene has raised over $13bn since 2014.

YES BANK integrates Microsoft’s AI chatbot

India’s YES Bank will leverage Microsoft’s cognitive services to power its AI-enabled chatbot YES ROBOT, in new partnership.

Kasisto nets $15m in Series B extension led by Rho Capital

Kasisto, a digital experience platform for the financial services space, has netted $15m in its Series B extension round.

13 FinTech startups from Y Combinator’s latest batch to take note of

Seed accelerator Y Combinator has just announced its latest batch of startups. And there are some FinTech ventures that piqued our interest.

Scalable Capital said to raise $28m in funding

Scalable Capital, a robo-advisor platform, has reportedly received $28m in a new growth capital round.

Bambu collects $10m in its Series B round

Bambu, a B2B robo-advisor, has collected $10m in a Series B round to support the expansion of its product offering.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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