ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Wealth Management
Blue Owl Capital snaps up Atalaya Capital Management in $450m deal
The deal is comprised of $350 million in Blue Owl equity and $100 million in cash.
Bux sells UK subsidiary Bux Financial Services Limited to UAE’s Asseta Holding
The company says the sale of BFS is a “subsequent step in the divestment strategy of Bux Holding”.
ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 12 July 2024
Our pick of the top fintech news stories this week includes Envestnet, Dosh, Innovate Finance and more.
Bain Capital to acquire US fintech Envestnet in $4.5bn deal
Reverence Capital is also participating in the transaction, alongside a consortium of additional investors.
Clear Street names former CBOE chief Edward Tilly as new president
Tilly previously served as CEO and chairman of CBOE Capital Markets for over 10 years.
Azqore selects Volante Technologies’ PaaS tech for SEPA instant payments
Azqore previously selected Volante to accelerate its ISO 20022 adoption programme in 2022.
Bain Capital reportedly closing in on deal to acquire Envestnet
The potential deal could be announced as early as this week, according to a report by Reuters.
Spanish wealthtech Allfunds names two new senior executives
Paola Rengifo and Miguel Ángel Treceño are the latest additions to Allfunds’ leadership team.
FinTech Futures: Top five news stories of the week – 5 July 2024
Our pick of the top fintech news stories this week includes Revolut, BlackRock, Project Nexus and more.
DASH Technology Group bags $20m investment from Bailador Technology Investments
DASH is looking to use some of the funds to increase its headcount by 20.
Robinhood buys AI-powered investment research platform Pluto Capital
The deal comes less than a month after the digital trading platform announced its $200 million purchase of Bitstamp.
June 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 during June.
UK fintech Pozitive Payments names Alex Daly as new CFO
Daly will oversee Pozitive Payments’ finance team, including reconciliation and settlement functions.
June 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over June.
June 2024: Top five new fintech launches of the month
FinTech Futures takes a look back at five of the top new launches in June.
June 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
ICYMI fintech funding round-up: Ramify, Hawk, Cadana, Prosper and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Revolut launches bond investing in partnership with UAE’s GTN
Bonds join Revolut’s investment offering of ETFs, and US and EEA shares.
Abacus Group acquires Tribeca Technology Group to strengthen UK presence
The acquisition follows Abacus’ GoVanguard purchase last year.
Finbourne lands £55m Series B from Highland Europe and AXA Venture Partners
The funds are to be put to scaling the firm in APAC, US and Europe.
FinTech Founders Video: recognising the need and maximising the potential
Four fintech founders recount their start-up journey.
Bill Huffman named new CEO at US asset manager Nuveen
Huffman succeeds Jose Minaya, who held the position for over four years.
Koilink Technologies to launch equities trading app in Q4
The start-up has also confirmed its intended stock market debut on the Chicago Board Options Exchange.
Former HSBC exec Roz Smith named as new COO of Broadridge International
Before joining Broadridge, Smith spent 18 years in various leadership roles at HSBC.
TXSE Group poised to challenge New York exchanges’ dominance with Texas Stock Exchange launch
TXSE plans to submit a registration with the US Securities and Exchange Commission later this year.
FinTech Founders Video: overcoming obstacles on the path to success
This FinTech Founders video discusses the tools and techniques to overcome the challenges of launching a start-up.
Turkey’s Papara taps DriveWealth for fractional investing solution
Papara will leverage DriveWealth’s Brokerage-as-a-Service tech to launch a new US stock investment product.
Data unleashed – five ways COOs can equip their businesses to win the data race
As advances in AI open a new frontier for the investment industry, explore how COOs can capitalise on the advantages technology has to offer.
Millennial wealth building platform Belong launches in the UK
The start-up launches with stocks and shares ISAs, GIAs, and a five-year amortising “Boost” loan option.
FinTech Futures: Top five news stories of the week – 31 May 2024
Our pick of the top fintech news stories this week includes HSBC, XYB, ABN Amro and more.
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
May 2024: Top five new fintech launches of the month
FinTech Futures takes a look back at five of the top new launches during May.
Intelligent Money enters administration with key assets sold to digital savings platform Quai
Richard Heis and Edward Boyle of Interpath Advisory were appointed as joint administrators on 28 May.
FinTech Founders Video: start-up journey reflections and key advice for aspiring founders
Four fintech founders reflect on their start-up journeys and give their key takeaways for aspiring entrepreneurs.
May 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in May.
Germany’s Universal Investment names John Burns as new group CTO
Burns previously served as the global head of technology and operations at DWS Group for over seven years.
Stephen Bird to exit Abrdn after four years as group CEO
Jason Windsor, who joined Abrdn last year as group CFO, is to step in as interim group CEO.
FE fundinfo snaps up wealth management fintech Dericon
The deal marks FE fundinfo’s seventh acquisition in three years.
