Tag: Morgan Stanley

5 US investment banks face $1bn in fines

Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.

Morgan Stanley to shell out $200m to resolve record-keeping probe

Morgan Stanley has agreed to pay $200m to US regulators to resolve investigations into its record-keeping practices, according to Reuters.

MerQube closes $8m round for its indexing services

MerQube, which offers technology for indexing and rules-based investing, has raised $8m in funding.

TomoCredit bags $22m in Mastercard-backed Series B

TomoCredit, a US startup creating a credit card to help first-time borrowers build credit history, has secured $22m from a Series B financing raise.

CyberTech startup oak9 collects $8m in funding

oak9, a developer of infrastructure as code security software, has collected $8m in a funding round from Cisco Investments and Morgan Stanley’s Next Level Fund.

Thought Machine doubles valuation to $2.7bn

Cloud-native banking technology developer Thought Machine has reached a $2.7bn valuation after the close of its Series D on $160m.

NYDIG lands $1bn in bid to expand bitcoin adoption

Bitcoin company NYDIG, which describes itself as a gateway to a new era of financial products, has secured $1bn in funding that will value...

iCapital Network hits $4bn valuation after raising fresh investment

iCapital Network, which is helping to drive access and efficiency within the alternative investment sector, has received $440m in funding to hit a $4bn valuation.

Vestwell nets $70m in its Series C round

Digital retirement platform Vestwell has bagged $70m in its Series C round, which will help it enhance its platform offering.

TransferWise rebrands to Wise as it eyes IPO

UK FinTech giant TransferWise has renamed itself to Wise as the company is preparing to go public.

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