InvestTech
Multi-bank joint venture bolsters blockchain platform SWIAT
Three banks and a technology company have come together to bolster SWIAT, a blockchain platform that enables real-time settlement and trading of traditional and...
National Bonds announces partnership to help customers save in UAE
UAE-based National Bonds has partnered with cross-border payments provider Lulu Exchange to help its customers boost their savings.
The company claims the partnership will make...
DKK Partners targets FX opportunities in Ghana with new office
DKK Partners, an emerging markets FX liquidity provider, has opened a hub in Ghana to serve the flourishing African market.
Sam Nti, who joins as director,...
tendy to launch teen investment app with WealthKernel support
Teen-focused investment platform tendy has partnered with WealthKernel, a wealth tech provider, for its UK launch.
Tendy will use WealthKernel’s core investing infrastructure, including trading...
Microsoft and LSEG agree 10-year partnership
Microsoft has entered into a 10-year strategic partnership with London Stock Exchange Group (LSEG) to develop new products and services for data and analytics...
Finery Markets raises $5.5m in first outside funding round
Finery Markets, a crypto liquidity marketplace, has announced a $5.5m seed funding round, the first time the company has received outside investment.
The Cyprus-headquartered business...
UK FCA warns against gamification of trading apps
The UK Financial Conduct Authority (FCA) has told stock trading app operators to review design features, such as gamified elements, that risk prompting consumers...
ADDX sells its stake in CYBAVO as part of Circle’s takeover
ADDX has sold its stake in CYBAVO to Circle, an issuer of the digital currency stablecoins such as USDC.
Circle signed a definitive agreement to...
SecondSTAX launches portal to facilitate investments in Africa
SecondSTAX has launched a portal that will enable institutional investors across Africa to seamlessly invest in the Nairobi Securities Exchange and the Ghana Stock...
MaxxTrader enters digital asset space
MaxxTrader has revealed a new trading platform that marks its entry into the digital asset space.
MaxxDigital offers institutions the ability to price, trade and distribute...
eToro acquires portfolio management provider Bullsheet
eToro has acquired Bullsheet, a provider of portfolio management tools that were designed specifically for its trading app.
Israel-based startup eToro, which claims to have...
Coremont appoints Balaji Krishnamurthy as chief technology officer
Coremont, a London-based financial services firm, has appointed Balaji Krishnamurthy as chief technology officer.
Krishnamurthy brings with him more than 25 years of experience as...
Horizon Software opens new office in Singapore to support growth
Horizon Software, a provider of electronic trading solutions and algorithmic technology, is opening an office in Singapore to boost sales in the Asia Pacific...
India’s Jar raises $22.6 million
Jar has raised $22.6 million in a series B round that values the savings fintech at $300 million.
India-based Jar plans to use the new funding to...
abrdn acquires stake in UK digital securities exchange Archax
Wealth management firm abrdn has concluded a deal to become the largest external shareholder in Archax, the UK’s first regulated digital securities exchange.
Launching later...
Sharegain appoints head of business development
Securities lending fintech Sharegain has hired as its new Samuel Tuliebitz as head of business development.
Tuliebitz, who most recently led fintech strategy for J.P. Morgan’s international...
ADDX raises US$58m to build on private exchange growth
Singapore-based private market exchange ADDX has raised US$58 million in a pre-series B funding round.
The funds will allow ADDX to scale its operations as...
Crypto fintech Zumo appoints Jonathan Sepulchre to new head of growth role
Crypto wallet and payments provider Zumo has appointed a head of growth to drive the next stage of its development.
Scotland-based Zumo’s choice for the...
Wealthtech TIFIN raises $109m to pursue continued growth
Wealthtech firm TIFIN has closed a $109 million series D funding round and achieved a valuation of $842 million.
US- and India-based TIFIN plans to use...
AgriDigital raises $17m+ for digital grain management and finance platform
AgriDigital, a provider of a digital grain management and finance platform, has closed an AU$25 million (US$17.42 million) capital round.
The Australia-based fintech is currently...
Bitstamp appoints new global CEO
Crypto exchange Bitstamp has appointed JB Graftieaux as its new global chief executive officer.
Graftieaux succeeds Julian Sawyer, who has decided to pursue other opportunities, and...
Cowen launches digital asset division for institutional investors
US broker-dealer and investment management firm Cowen has launched a new division to give institutional clients secure and compliant access to the digital asset...
Crypto fintech Bitpanda acquires UK custody provider
Crypto fintech Bitpanda has acquired London-based institutional custodian wallet provider Trustology.
Trustology has been rebranded as Bitpanda Custody, allowing the Vienna-based fintech to offer regulated...
Asian Development Bank to build prototype blockchain for cross-border securities settlement
The Asian Development Bank has launched a project to make cross-border securities transactions in Asia and the Pacific more efficient and secure through the...
CoinTracker raises $100m to fulfil crypto mission
CoinTracker has raised $100 million of series A funding in order to drive the successful adoption of crypto.
The company, which operates a cryptocurrency tax...
Crypto fintech BCB Group raises $60m
BCB Group has raised $60 million in what the provider of business accounts and trading services for digital assets has called the largest series...
Alto raises $40m to make it easier to invest in non-traditional assets
Alto, a platform provider for alternative asset retirement investment, has closed a series B funding round worth $40 million.
Advance Venture Partners led this round,...
Manasquan Bank to connect customers to crypto through Bakkt
Manasquan Bank retail customers could soon be buying, selling and holding cryptocurrency through a partnership with digital assets fintech Bakkt.
The mutual community bank, based...
Wells Fargo and HSBC to settle FX transactions using blockchain-based solution
Wells Fargo and HSBC intend to use a blockchain-based solution to settle matched foreign exchange (FX) transactions.
Through a bilateral agreement, the banks will both use...
Crypto platform Gemini raises $400m, achieves $7.1b valuation
Crypto platform provider Gemini has secured $400 million of funding in its first ever growth equity round.
The round, led by Morgan Creek Digital with participation from 10T,...
Carbon offtake company Evergrow raises seed funding
Climate fintech Evergrow, styled as the world’s first carbon offtake company, has raised $7 million in seed funding.
Evergrow, based in San Franciso, California, USA, and...
Standard Chartered plans launch of Starling-powered digital platform focused on climate change
SC Ventures, the innovation arm of Standard Chartered Bank, is launching a new digital platform powered by Starling Banking Services and designed to help...
Quantum computing startup Multiverse closes $11.64m seed round
Spain-based Multiverse Computing, a quantum computing startup dedicated to financial services, has closed a seed funding round worth $11.64 million.
The seed round was led by JME Ventures and also included Quantonation, EASO...
Trading fintech Trumid raises $208m
Trumid, the electronic credit trading provider, has secured $208 million of financing.
The financing round was led by Point Break Capital Management, with significant participation from Motive Partners.
They were joined by Senator Investment...
TradingView hits $3 billion valuation with $298 million investment
Investing intelligence provider TradingView has closed a $298 million investment round led by Tiger Global.
The round values London, UK-headquartered TradingView at $3 billion, following 18 months of increasing visitor numbers and a jump in...
Chip launches growth investment round
Digital savings fintech Chip is planning a growth investment round from the crowd and institutions in the coming weeks.
The UK-based fintech says the new round of funding...
PrimaryBid appoints first chair
PrimaryBid, the UK-based fintech connecting retail investors with public companies raising capital, has appointed Sir Donald Brydon CBE as its first chair.
Brydon will continue as chair of...
Capital markets fintech Irwin closes $20m series A round
Canada-based capital markets fintech Irwin has closed a $20 million series A financing round.
K1 Investment Management, a firm that focuses on high-growth enterprise software companies, led the round,...
Crypto exchange FTX.US moves into derivatives with LedgerX acquisition
Cryptocurrency exchange FTX.US has agreed to acquire LedgerX, a digital currency futures and options exchange and clearinghouse.
The deal, for an undisclosed sum, will see FTX.US move into regulated...
Alpaca raises $50 million and announces crypto offering
Alpaca, the stock brokerage provider that offers APIs for fintech apps to connect and trade in US equities, has closed a $50 million series B funding round.
The...
Deutsche Börse acquires majority stake in Crypto Finance
Deutsche Börse Group has acquired a majority stake in Crypto Finance, a provider of trading, storage, and investment in digital assets to institutional and...
Chip launches ChipX subscription plan
Chip, provider of the savings and investments platform, has launched ChipX, the new membership plan that aims to bring seamless access to products for...
Atom Finance raises $28m in SoftBank-led series B
Atom Finance, the provider of a consumer software platform delivering access to institutional-quality investment resources, has completed a $28 million series B funding round...
Blockchain company Securitize raises $48m in series B round
Securitize has raised $48 million from new and existing investors during an oversubscribed series B funding round.
The series B funding round comes ahead of...
Standard Chartered partners with Franklin Templeton to launch Autumn
SC Ventures, the innovation and ventures unit of Standard Chartered, and asset management firm Franklin Templeton have partnered up to launch Autumn, a wealth,...
Lightyear to launch commission-free investment platform
New fintech startup Lightyear has raised $1.5 million in pre-seed funding and launched a waiting list for its commission-free investment platform.
Set to start rolling...
Chip launches investment offering with access to BlackRock-powered funds
Chip has launched a new investment product that will give users of its savings app the opportunity and ability to invest in BlackRock-managed funds.
The...
Vise raises $65 million in series C round
Vise, the New York-based provider of an AI-powered investment management platform built for advisors, has raised $65 million in series C funding.
The latest round...
Bibit raises $65 million to bolster digital investment app in Indonesia
Bibit, the provider of Indonesia's fast-growing digital investment app of the same name, has raised $65 million in new funding.
Sequoia Capital India led the...
Ethic closes $29 million series B funding round
Ethic, the tech-driven asset management platform that powers personalisation for advisers, has closed a $29 million series B funding round.
The round was led by...