Tag: Wealth management

Sweden-based Bricknode, a cloud financial services software company, sees itself as the SpaceX of the financial industry.

Germany-based investment API developer Upvest has reportedly collected $42m in its Series B funding round.

Indonesia-based FinTech platform Finku has reportedly raised $2.8m in its seed funding round.

Traditionally, wealth management has been for the wealthy. The average Joes and Janes have often been skipped out on by big wealth managers due to little revenue incentive to capture that market.

A recent podcast between Currencycloud and the CEO of WealthTech Lightyear has detailed how the latter company is dealing with challenges in the European investing space.

Global wealth management platform FNZ has closed a colossal $1.4bn investment, which brings its valuation to $20bn.

Simplicity is the ultimate sophistication, Leonardo da Vinci once said. However, simplicity can be a double-edged sword when digitising wealth management and the key is finding the right balance.

A recent blogpost by MyDocSafe has examined how wealth managers can maintain a relationship of trust with their clients in an age where in-person meetings are becoming rare.

A study conducted by AutoRek and Worldwide Business Research has found up to 60% of asset and wealth managers view reconciliations as the biggest challenge to their company.

Like a wide range of other industries, the WealthTech sector has seen digitisation accelerate massively recently – with the pandemic only serving to speed up this trend.