Tag: WealthTech

UK challenger bank Starling Bank has reportedly scraped plans to launch in Ireland after withdrawing its application for an Irish banking licence.

FairPlay, a company seeking to reduce algorithmic bias in lending, has scored $10m in Series A funding.

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

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.

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

MarketWolf, a FinTech stock trading platform, has raised $10m from a Series A fundraise led by Jungle Ventures and Dream Capital.

Finhay, a Vietnamese digital investment platform, has secured $25m in a Series B round co-led by Openspace Ventures and VIG.

Financial advisor Wealth Wizards has launched Turo Wellbeing, which gives advice firms, life assurers, banks and building societies the tools to help customers improve their financial wellbeing.

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

WealthTech unicorn Wealthsimple has reportedly cut 12.6% of its workforce due to ?changes in market conditions.?