UK wealthtech Fundment raises £45m Series C led by Highland Europe
Fundment plans to grow its product and engineering teams with the new funding.
WealthTech
WealthTech news, resources and expert commentary on wealth, investment, asset management and private banking tech.
iCapital to acquire US investor identity firm Parallel Markets
The alternative investment fintech will use Parallel Markets’ tech to enhance its iCapital Investor Passport solution.
IG Group buys UK trading app Freetrade for £160m
The all-cash deal is anticipated to close in mid-2025.
Clearwater Analytics to acquire investment management platform Enfusion for $1.5bn
Enfusion will integrate with Clearwater’s middle and back-office solutions in a merger expected to close in Q2 2025.
Kuwait’s Markaz taps Objectway to enhance client experience, marking vendor’s MENA debut
Markaz will enhance its client experience using Objectway’s front-end wealth management platform.
US wealthtech Orion names former Oracle VP Arun Anur as new COO
Anur is to oversee Orion’s “client experience delivery”, including data reconciliation and onboarding.
Pemberton Capital Advisors partners Broadridge for portfolio management tech
Pemberton has selected Broadridge’s Sentry Private Credit Portfolio Management solution.
2024: Top five new launch stories of the year
FinTech Futures takes a look back at five of the top new launch stories of 2024.
SecuritEase snaps up Tiara Fintech Solutions to fuel UK expansion
The undisclosed deal includes Tiara, a CGT calculation engine and tax reporting system launched in 2021.
AHAM Capital taps Temenos for Multifonds Global Accounting solution
AHAM Capital will utilise Temenos’ tech to modernise its fund accounting platform.
ICYMI fintech funding round-up: Brighty, Just, Finny, Prosper, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Upvest raises €100m Series C for team and product expansion
Upvest previously raised a €42 million Series B in 2022.
Banking Technology Magazine December 2024 / January 2025 issue out now
Cover story: STAR PEOPLE – Banking Tech Awards 2024 revisited.
Swedish investment platform Kameo partners Neonomics for open banking payments
Kameo will utilise Neonomics’ Nello Pay solution, which launched in October.
ICYMI fintech funding round-up: Sandbox Wealth, ThreatFabric, Centrapay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Pipe strengthens leadership team with four key appointments
Nate Wiger has been named as CTO and Claurelle Rakipovic as CPO.
MUFG offers $664m to snap up Japanese robo-advisory firm WealthNavi
MUFG initially bought a 15% stake in WealthNavi earlier this year.
Banking Tech Awards 2024: Congratulations to all of this year’s winners
We’re delighted to reveal the winners of the Banking Tech Awards 2024!
WealthKernel embeds savings accounts with Griffin’s BaaS platform
Griffin’s BaaS platform was first made available to UK fintechs in September.
Sustainable investment platform Grünfin closes down
The platform was founded in 2020 to democratise access to sustainable ETFs for retail investors.
ICYMI fintech funding round-up: Habitto, Norbr, Tembo, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Lightyear secures direct FCA authorisation, set to relaunch in the UK
Lightyear says it plans to roll out “a number of new products” in the UK, including ISAs.
November 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in November.
US wealthtech Range lands $28m Series B funding round
The round, which was led by Cathay Innovation, brings Range’s total funding to date to $40 million.
Manzil Wealth introduces new halal wealth management platform in Canada
Manzil Wealth has acquired Canadian Islamic Wealth to support its new platform’s debut.
Close Brothers Asset Management goes live with Objectway’s portfolio management solution
Objectway says its tech will enable CBAM to “tailor and adapt services as client needs evolve”.
Robinhood snaps up custodial and portfolio management platform TradePMR in $300m deal
The purchase, involving a blend of cash and stock, is set to close in H1 2025.
French asset manager Amundi buys wealthtech Aixigo for €149m
Aixigo’s API-based wealth management platform and 150 team members will join Amundi Technology.
ICYMI fintech funding round-up: Mutual Vision, Tako, Zeplyn, Tranched, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Research report: Revenue enablement in financial services – 2024 global findings & insights
How financial services are leveraging enablement technology to meet shifting client expectations and drive productivity gains.
Brian Harkin named new head of tech and innovation at Centrus
Harkin moves from London-based fintech Kynec, where he has been serving as CTO since 2022.
Banking Technology Magazine November 2024 issue out now
Cover story: GOING GREEN – Why sustainable finance is vital.
ICYMI fintech funding round-up: Brightwave, Mala, UnitPlus, Parachute, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
iCapital looks to boost data management capabilities with AltExchange acquisition
AltExchange leverages AI to enhance data aggregation and reporting for financial advisors and asset managers.
October 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in October.
AI co-pilot solution Reflexivity raises $30m Series B led by Greycroft and IBKR
The raise builds on a $10.5 million Series A closed by Reflexivity, then known as Toggle AI, in 2021.
October 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 October.
Wealthsimple launches in-app travel eSIM powered by Gigs
The offering operates as part of Wealthsimple’s new lifestyle rewards programme.
Moneybox’s valuation climbs to £550m with new £70m investment
Moneybox says the investment will “mainly be facilitated through a secondary share sale”.
Charles Schwab to phase out Institutional Intelligent Portfolios platform in favour of iRebal solution
Schwab will no longer be opening new accounts on the platform from 15 November 2024.
