Robo Advisors

Saudi allows two firms to test computerized investment advice

The Saudi Capital Market Authority has approved two robo-advisory services to being opperations in the country.

StashAway collects $12m in Series B led by Eight Road Ventures

StashAway, a Singapore-based robo-advisor, has collected $12m in its Series B round to support

Plum pulls in $4.5m in funding, after 433% increase in user base over past...

Personal finance management chatbot Plum has received $4.5m in new financing, on the back of a 433 per cent user growth over the past year.

Vestwell secures $30m through Series B round

Digital retirement platform Vestwell has raised $30m in its Series B funding round.

How can robo-advisors stand out from the pack?

In a crowded robo-advisor marketplace, having different models or pricing is not a differentiator, it’s how you interact with customers that will aid success, according to SenaHill partner Kyle Zasky.

A pension dashboard can evolve retirement investment advice

A pension dashboard would help robo advisors to improve the obstacle course of retirement planning, according to EValue chief development director Andrew Storey in a research interview with FinTech Global.

How Santander is looking to fill the gap in robo advice

A lot of the current robo advisor offerings don’t actually give advice and instead provide consumers with guidance, according to Santander UK head of compliance Joel Viney in a research interview with FinTech Global.

StashAway launches services into Malaysia

Singapore-based robo-advisor StashAway has launched its services into Malaysia.

Wahed Invest nets $8m in funding, valuing it at $100m

Sharia-compliant ethical investing platform Wahed Invest has raised $8m in funding, valuing the company at $100m.

ING invests £5m into SMEs loan comparison platform Funding Options

ING Ventures has invested £5m into Funding Options, an online marketplace designed to help SMEs find the best financing options.

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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