Bambu raises $3m in Series A funding
Round led by Franklin Templeton Investments.
Wealth Management
Aixigo relaunches digital portfolio management system
Enhancements for portfolio to intake and manage data sets from legacy systems.
Austria’s central bank completes full revamp with SimCorp
Chosen to support its monetary policy and manage investment activities.
Additiv and Orange Business Services in juicy wealthtech hook-up
European robo-advisor Additiv makes its cloud-based tech available to banks and FIs.
Banking Technology Awards 2018: celebrating most innovative projects of the year!
Enter the awards by 31 August.
Munnypot picks up investment from Livingbridge
Private equity firm invests in UK-based robo-advisor.
US financial planner Grove gets groovy with $8m funding
It publicly launched four months ago.
SmartAsset scoops up $28m in new funding
Series C round takes company’s total equity capital to more than $51 million.
Wealthtech robo-advisor SigFig raises $50m
Series E funding round led by growth equity firm General Atlantic.
Smith & Williamson in tech overhaul with Avaloq
UK’s eighth largest accountancy firm concludes system selection for core processing tech.
Oracle Flexcube core banking system live at Invest Banca
Flexcube has been tailored for the Italian market by local integrator Cabel.
Dorsum unveils new wealth management app with AI support
Gamification and education features help users learn about their investments.
Schroders chatbot is GO in Singapore
Self-learning chatbot for sweet asset management.
InvestCloud acquires rplan for $20m in asset management advance
Deal extends its direct-to-consumer (D2C) offering for asset managers.
UK challenger bank Project Imagine preps for launch
A new digital contender with its eyes set on wealth management.
Invesco takes over financial advisor platform Intelliflo
Invesco has acquired Intelliflo, a UK provider of advisor-focused digital solutions.
Banking Technology Awards 2018 now open for entry!
Recognising excellence in the use of IT in financial services.
Robo-advisor Munnypot is so hot for Capita
Capita becomes a shareholder in UK robo-advice investment platform.
BondIT integrates bond portfolio solution with FIIG Securities
Fixed income portfolio platform BondIT inks a deal with FIIG Securities in Australia.
Allianz leads £40m funding round in Moneyfarm
Takes UK digital wealth manager’s capital to £60m.
Temenos on M&A trail to grow US business
Anti-money laundering (AML), fraud and wealth management are the focus areas.
Wealthtech firm WeInvest raises $12.3m, Schroders among investors
The financing comes from angel investors and Schroders.
Deutsche Bank Luxembourg turns to Avaloq for core banking tech revamp
Avaloq Banking Suite creates a single cash ledger for Deutsche Bank in Luxembourg.
Julius Baer live with Temenos wealthtech
Private banking group has completed its migration.
Personal Capital lands $15m credit extension
Gets money from Silicon Valley Bank.
CaixaBank Asset Management selects SimCorp Dimension
To automate investment management processes and workflows.
Nordea’s robo-adviser Nora picks up the pace
You can’t ignore Nora and AI’s advance.
TD Bank turns to CGI for wealthtech revamp
Canadian bank to use Wealth360 Portfolio Management platform.
Intesa Sanpaolo Private Bank swaps ERI’s Olympic for Avaloq’s core banking tech
The new system installed on a Business-Process-as-a-Service (BPaaS) basis.
Openbank extends Temenos deal to wealthtech
Openbank has extended its contract with Temenos to include the latter’s wealthtech offering.
LGT selects Appway for digital client lifecycle management
LGT is owned by the suave-sounding Princely House of Liechtenstein.
Spotlight: how Alpha Suite is helping fund managers to succeed
TradeSocio’s Alpha Suite has become highly significant for fund managers, brokers and investors.
Indian challenger bank Cube preps for launch
Former founder of Citrus Pay in new adventure.
FCA gets it on for UK asset management competition
Financial Conduct Authority explains next steps and timelines.
Bambu goes global with new office and talent
In fintech, when the going is good, the good go global.
Five ways AI is disrupting financial services
Whether you realise it or not, artificial intelligence (AI) is taking over the world.
No downside for Flipside Crypto with $3.4m funding grab
To date, Flipside has operated as a sort of data-driven angel network.
The Finbourne supremacy fires up with wealthtech club
Working on a shared cloud-based investment management platform.
Planet of Finance unleashes RoboComplianceOfficer for worldly wealthtech
Solution to help FIs with client onboarding, risk and compliance.
Robo-advice: the future is now
While we know that robo-advice is here to stay, who is actually using it?
