Tag: WealthTech

Industrial Thought, a conglomerate known for its investment in taxation, financial data, and consultancy for the financial sector, has recently announced a strategic investment of £100K in Integrum ESG.

Earlier this month, OpenAI unveiled its latest advancement in the world of generative AI, Sora. Unlike ChatGPT, its previous revolution in the world of generative AI, Sora allows users to build realistic videos from simple text instructions, potentially providing businesses with another tool to transform operations, such as marketing.

The financial domain is on the brink of a transformative era, driven by the digital-first mindset of Millennials and Gen Z. These generations are not just reshaping the investment landscape with their tech-savviness and social awareness, but they're also the catalysts for the dynamic evolution of WealthTech. This sector is now keenly focused on tailoring its offerings to meet the unique preferences of these emergent financial powerhouses.

Belong, a pioneering wealth-building platform, has emerged from stealth mode, setting a new precedent for startups in the sector.

Thredd, a pioneering payments processor with a global clientele, has officially entered the United States market for issuing debit and prepaid cards, in collaboration with its long-standing partner, B4B Payments.

WealthFeed, a pioneering AI-powered organic growth platform for Financial Advisors, has announced the closure of a $2m funding round which is set to help drive the platform's growth initiatives.

Kidbrooke, which has built a unified analytics platform for investment and wealth management, has released its latest solution, KidbrookeONE. 

Metrobank, one of the largest banks in the Philippines, has announced a significant partnership with Temenos, a global leader in banking software, alongside Collaboration Betters the World (CBTW), a tech and business solutions provider.

Comvest Credit Partners, a leader in providing flexible direct financing solutions to mid-market entities, has recently declared its role as the Administrative Agent and Sole Lender in a senior secured credit facility for Billhighway.

Key Nordic FinTech investment stats in 2023: • Nordic FinTech companies raised a combined $414m in 2023, a 83% decline from 2022 • Nordic FinTech deal...