Tag: Investing

Digitalisation is rapidly transforming investment management and firms are making it a priority. Bricknode, a cloud financial services software developer, has released a new report titled ‘Digital transformation in investment management’. In the report, it covers how cloud and software-as-a-service (SaaS) models are helping investment management firms of all sizes transform their digital services.

Germany-based Ride Capital, which aims to democratise wealth structuring, has reportedly raised €3m in funding.

Cyber risk management technology developer KYND has launched its services into the investment management sector, as cyber risks continue to surge.

As more wealth management companies move towards digital investment guidance and direct-to-investor models, Kidbrooke has asked the question if digital channels can match the teams of physical advisors in terms of quality.

The WealthTech market continues to grow at a rapid rate. The wealth management platform market is expected to grow at a 13.8% CAGR to reach $9.18bn by 2028, according to research from Insight Partners. The value of the market in 2021 was $3.71bn.

FinTech-focused venture capital firm Illuminate Financial has received a strategic investment from Citi.

Goodvest, a sustainable investment platform, closed its crowdfunding platform on €588,739, which was more than double its original target.

Stableton Financial, an alternative investment platform, has collected CHF 15m in its Series A funding round.

Bricknode, a SaaS financial services platform, has launched a new portfolio management software application aimed at small family offices and corporate investors.

South Korea-based social trading platform League of Traders has closed its pre-Series A funding round on $2.4m.