UK wealth manager Quilter buys NuWealth to boost first-time investor support
Quilter will work to integrate NuWealth’s capabilities into its advisory business.
Wealth Management
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Ex-TSB chief Paul Pester joins UK wealthtech start-up Firenze as chair
Launched in January, Firenze seeks to democratise access to Lombard lending.
Citigroup to sell trust administration services business to JTC in deal reportedly worth $80m
Citi Trust claims $70 billion in AUA across more than 2,000 UHNW clients.
Indian wealthtech start-up Centricity secures $20m in seed funding round
The round now values Centricity, founded in 2022, at $125 million.
ICYMI fintech funding round-up: Datricks, PastPay, LineLeap, Kompasbank and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FE fundinfo buys out investment research platform AdviserAsset
FE fundinfo is to integrate AdviserAsset as a research and selection module.
Master of all it surveys: a bit of background on WeMasterTrade, an award-winning prop firm
Staying true to the goal of providing a level playing field for traders of all stripes.
ICYMI fintech funding round-up: Helicap, Cercli, 3forge and Palm
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Alternative investment platform CAIS hires Kan Kotecha as CTO
Kotecha will lead the CAIS engineering team in “building a unified operating system”.
Legal & General taps Moneyhub for new pensions dashboard
Legal & General became an investor in Moneyhub back in 2022.
Canadian fintech start-up Hardbacon closes down
Co-founder and CEO Julien Brault writes that the fintech’s operations are now suspended.
ICYMI fintech funding round-up: Linker Finance, Thera, Mercately, Creattura, and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
August 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in August.
FNZ group CEO Adrian Durham to step down
Durham is handing the reins over to former JP Morgan exec Blythe Masters.
Cardea acquires select assets from NSCG, rebrands as Fourcore Capital
NSCG will also invest up to $25 million in Fourcore’s upcoming capital raise.
Germany’s Upvest embeds Deutsche Bank’s banking infrastructure to expand its product range
Upvest will provide virtual IBANs, cash management, and FX services through Deutsche Bank.
Singapore’s Valverde taps Broadridge for investment management solution
Valverde will deploy Broadridge’s tech to support its recently launched Valverde ASEAN+ Fund.
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parfin, and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Singapore-based wealthtech Syfe lands $27m Series C funding
Syfe claims to have achieved profitability in Singapore in “early 2024”, five years after its launch.
Ohio’s first female-led bank Fortuna nears launch after raising $20.7m
Fortuna is aiming to soft launch in fall 2024.
Broadridge appoints Simon Robertshaw as CTO of trading solutions
Robertshaw joins from The Bank of London, where he served as COO.
FinTech Futures: Top five news stories of the week – 9 August 2024
Our pick of the top fintech news stories this week includes NCR Voyix, CIBC, Société Générale and more.
UBP snaps up Société Générale’s UK and Swiss private banking subsidiaries in €900m deal
UBP claims the deal will boost its AUM by €26 billion to €186 billion.
Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems
The bank is migrating to Temenos’ core banking platform for corporate banking, retail, and wealth management.
Savvy Wealth bags $15.5m in Series A-2 funding round led by Canvas Ventures
The latest cash injection brings Savvy’s total funding to over $33 million since its formation in 2021.
ICYMI fintech funding round-up: Rillet, Aveni, Mamo, Payflow, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
BNP Paribas enters exclusive talks to buy AXA Investment Managers for €5.4bn
AXA says the proposed deal will “create a leading European asset manager” with total AUM of €1.5 trillion.
Credicorp Capital in Peru goes live with Temenos’ Multifonds
The investment firm has deployed the SaaS solution across 71 funds.
BCI sells majority stake in Hayfin to Arctos Partners
Hayfin entered into an agreement with Arctos Partners “to support a management buyout of the business”.
US fintech GeoWealth bags $18m investment led by BlackRock
Existing investors Kayne Anderson Growth Capital and JP Morgan Asset Management also contributed to the funding.
July 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in July.
July 2024: Top five new fintech launches of the month
FinTech Futures takes a look back at five of the top new launches in July.
German wealthtech Bunch lands $15.5m Series A
Bunch has now secured a total of $22 million in funding to date.
Wealthify names former Azimo chief Richard Ambrose as new CEO as Andy Russell steps down
Russell is moving onto “the next phase of his career” having served as Wealthify’s CEO for over four years.
ICYMI fintech funding round-up: Carry, Fragment, Powder, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
New wealthtech start-up Waltz launches US real estate investment platform
The start-up enables foreign investors to invest in and purchase US residential real estate.
Social trading app Shares set to exit UK market
Shares plans to close its UK app on 30 August as it looks to “focus on the French and EU markets”.
Swiss wealth manager Julius Baer names Goldman Sachs exec Stefan Bollinger as new CEO
Bollinger succeeds interim CEO Nic Dreckmann, who has held the position since February this year.
Airwallex branches out into retail investment products with new Australian licence
The fintech is to leverage the AFSL licence, granted by ASIC, to expand Airwallex Yield.
