ICYMI fintech funding round-up: BondIT, Paywatch, 1fs Wealth and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Wealth Management
Ohio’s Huntington National Bank teams up with InvestCloud to launch Advisor Connect solution
The new offering is built on InvestCloud’s Find My Advisor technology.
Quantifeed to acquire fellow wealthtech Alpima
Together, Quantifeed and Alpima will create “a world-class technology platform”.
How blockchain technology is opening up fractional investing
Blockchain tech can power access to alternative assets such as art, real estate and wine.
Tax software firm SurePrep snapped up by Thomson Reuters for $500m
SurePrep is expected to generate approximately $60 million of revenue in 2022.
Video: DailyPay at Money20/20 USA – Boosting financial wellbeing with earned wage access
We chat with Jeanniey Walden, CMO at DailyPay, about the benefits of earned wage access.
ICYMI fintech funding round-up: Decentro, Sidekick and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
DBS and digitalisation: what the West can learn from the East
“Meaningful innovation is the true litmus test,” says DBS’ Shee Tse Koon.
Goldman Sachs plots reorganisation, reveals change of plans for Marcus
“The concept of being broad, with a consumer footprint, is not really playing to our strength,” says CEO.
Finalists announced for Banking Tech Awards 2022
Congratulations to the 2022 finalists!
SEC fines 16 Wall Street firms $1.1bn for recordkeeping failures
For more than three years employees routinely used messaging apps on their devices to discuss business matters.
White paper: Digital banking – why is it becoming so important to financial organisations?
Fintechs are showing significant growth – learn how banks can stay competitive and efficient.
Morgan Stanley’s wealth management arm hit with $35m data protection fine
The SEC says that MSSB failed to protect the personal identifying information of approximately 15m customers.
US asset management platform Ethic lands $50m Series C
Ethic’s vision is to create “a world in which all investing is sustainable investing”.
How Etcho is aiming to help save the planet through conscious investing
Etcho wants to increase people’s knowledge and awareness of the global impact of their investments.
FNZ set to acquire German wealthtech provider Diamos
The acquisition will equip FNZ with additional wealth management product and service solutions.
FinTech Futures: Top five stories of the week – 9 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Credit Suisse sells global trust business to Butterfield and Gasser Partner
Both deals are expected to close in H1 2023.
UBS, Wealthfront nix $1.4bn acquisition deal
Wealthfront CEO David Fortunato says the pair are “continuing to explore ways to work together”.
Alternative investment fintech iCapital to acquire UBS Fund Advisor
The deal includes the AlphaKeys Funds platform, which represents more than $7 billion in client assets.
FinTech Futures: Top five stories of the week – 19 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
eToro snaps up options trading start-up Gatsby
eToro says the acquisition is a “key step” as it looks to diversify its offering to US users.
ICYMI fintech funding round-up: Farther, BankiFi, Highbeam and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Former Wells Fargo, BoA private bankers launch wealth management firm Fidelis Capital
The firm brings together financial specialists with more than 200 years of collective experience.
BitGo to seek damages of $100m after Galaxy Digital terminates $1.2bn acquisition deal
The merger announcement was initially made in May 2021.
Q&A: How Linqto is helping democratise the private investment space
Linqto’s COO Joe Endoso chats with FinTech Futures about the platform’s goals and ambitions.
ICYMI fintech funding round-up: Jodo, ZSuite Tech, Penfold, Appital & RiskSmart
A handy round-up of the recent funding endeavours of fintech companies across the globe.
CIBC partners MX for fintech customer data access agreement
CIBC customers will be able to securely share their financial data with third-party fintechs via an API.
Plugging in: financial services in the metaverse
If there’s one industry buzzword this year that is on almost everybody’s lips, it has to be ‘metaverse’.
New group CEO and comprehensive strategic review at Credit Suisse
Ulrich Körner replaces Thomas Gottstein, who is leaving Credit Suisse after 23 years.
Rabobank selects US fintech InvestCloud for financial planning tools
Goal-based financial planning features will be made available to Rabobank’s customers.
FinTech Futures: Top five stories of the week – 15 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
How Zolve is helping US immigrants land on their feet
Zolve helps immigrants accelerate their financial health through products that build wealth in the long run.
Wealthtech Tifin acquires SharingAlpha to boost international presence
Following the acquisition, SharingAlpha will be fully integrated into Tifin’s Magnifi platform.
Neobank Kinly taps open finance fintech MX for data aggregation solutions
Kinly says it will leverage clean data and personalised financial alerts from MX to help Black American communities.
eToro and FinTech V call off proposed SPAC merger
Neither party will be required to pay the other a termination fee, as the decision was mutual.
ICYMI funding round-up: FinBox, CalTier, Helicap, and Anfin
Our weekly fintech round-up for you to get the latest funding news from around the world.
Canadian wealthtech Wealthsimple sheds 12.6% of workforce due to market volatility
As well as the layoffs the wealthtech will be “laser-focused” on core businesses investing, banking and crypto.
Nuula launches operations in Canada for small business owners
Nuula provides financial products and services to small business owners.
What the FinTech? | S.3 Episode 8 | A hybrid approach to wealth management
In this episode of the podcast, we’re joined by Aaron Davis, director of product marketing at OneSpan.
