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’.
Wealth Management
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.
FinTech Futures: Top five stories of the week – 27 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Tranch, Quantifeed, Chekk & Crowd Data Systems
A handy round-up of the recent funding endeavours of fintech companies across the globe.
iCapital expands its platform with Simon Markets acquisition
The deal is expected to close in the second half of 2022 pending regulatory approvals.
Finovate Spring 2022: The changing landscape of financial services
Digital innovation is one of the key talking points at this year’s conference.
Wealthtech TIFIN doubles valuation with $109m Series D
Global investment manager Franklin Resources and fintech-focused investment firm Motive Partners participated.
Emotional connection in customer experience
Many digital financial services lack a “human heart”. And that should be something that worries the industry.
North America fintech funding round-up: CoreChain, OneVest & Crowdz
This week’s funding round-up includes three North American fintechs – CoreChain, OneVest & Crowdz.
Investment management platform FundGuard lands $40m Series B
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
FinTech Futures: Top five stories of the week – 8 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Gotrade, lemon.markets, Unifimoney & Gaviti
Our weekly fintech round-up for you to get the latest funding news from around the world.
Savings and retirement wealthtech Lilly set to launch in US
Billed as “the world’s first retirement debit and credit card”, the service will cost from $5 a month.
RBC set to acquire UK wealth management firm Brewin Dolphin in £1.6bn deal
The deal is subject to shareholder and regulatory approval and is expected to be completed by Q3 2022.
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Archie, Dapio, Finary, Jia Finance, & Zimpler
Our weekly fintech round-up for you to get the latest funding news from around the world.
Saphyre secures $18.5m in Series A from HCAP, J.P. Morgan and BNP Paribas
Saphyre’s AI-enabled platform is intended to improve pre- and post-trade data and processes.
London Stock Exchange Group sells BETA+ in $1.1bn deal
BETA, Maxit and Digital Investor (collectively known as BETA+) have been sold to Clearlake Capital and Motive Partners.
Irish fintech Global Shares sold to J.P. Morgan
Global Shares is 40% owned by Motive Partners, which bought the stake in 2018 for $25 million.
Marlette secures $225m Series E to grow Best Egg financial platform
The round was led by the Healthcare of Ontario Pension Plan (HOOPP).
US fintech Acorns lands $300m investment to boost growth
The funding comes after the fintech abandoned its planned IPO in January.
Banking Tech Awards 2022 now open for nominations
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
Banking on spreadsheets
Banks and fintechs need to step up their game to serve customers better when it comes to money management.
PrimaryBid lands $190m in SoftBank-led Series C investment round
The money will be used to expand across continental Europe and the US.
ICYMI fintech funding round-up: Actyv.ai, MoneyHash, Novus, SJ Mobile Labs, Trace Finance, & Zand
Our weekly fintech round-up for you to get the latest funding news.
Wealthtech FNZ secures $1.4bn investment
The company says the investment is one of the largest ever primary equity raises in the sector.
Lowering the ladder: how NY fintech Xrent plans to help millennials become homeowners
“We have seen a widening wealth gap trend without much sign of slowing down,” says Xrent.
Black-owned wealthtech start-up Esusu hits $1bn valuation following $130m Series B
Esusu is now one of just a handful of Black-owned unicorn start-ups in the world.
Fintech funding deals globally 24 January – 30 January 2022
Featuring Fireblocks, FTX US, Creditas, Esusu and CoinTracker.
Video: fintech news pick of the week – UBS, Katana Labs and Walmart
Our top pick of news from the world of finance and tech in bitesize video format, every week.
