InvestTech
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...
Planixs lands Santander in major liquidity management contract win
Planixs, the provider of real-time, intraday cash, collateral and liquidity management solutions, has landed a major client.
Santander, a global systemically important bank (GSIB), will...
BNY Mellon plans new solutions in digital assets and collateral management
BNY Mellon will develop new solutions and capabilities for digital assets and collateral management under plans announced this month.
The custody bank has launched a...
SDAX close to launching digital asset trading platform
Blockchain-based digital asset trading platform SDAX is one step closer to launch after securing initial regulatory approval from the Monetary Authority of Singapore.
SDAX is...
iSTOX raises $50 million in Series A funding round
iSTOX, a digital securities platform aiming to make the private capital markets more accessible, just closed its $50 million Series A funding round after...
InvestSuite lands €3m in new funding
Wealth technology company InvestSuite intends to build on the digital transformation momentum brought about by the pandemic with €3 million in new funding.
InvestSuite, a...
J.P. Morgan Asset Management acquires tax fintech 55ip
Fintech company 55ip, a specialist in helping financial advisers to deliver tax-smart investment strategies at scale, is joining J.P. Morgan Asset Management.
J.P. Morgan Asset...
PrimaryBid attracts $50 million in series B funding
PrimaryBid, the UK-based fintech platform that connects retail investors with public companies raising capital, has closed a $50 million series B funding round.
PrimaryBid attracted...
RaiseNow secures $6 million investment
Charity fundraising technology provider RaiseNow has secured a $6 million series A+ investment from SIX Fintech Ventures and existing investor PostFinance, as well as...
Clim8 Invest appoints three experts to investment committee
Hot on the heels of its latest Crowdcube funding campaign, Clim8 Invest has appointed three prominent figures to its investment committee, including James Millard...
Revolut selects Fireblock for launch of new crypto services
UK-headquartered fintech company Revolut is using the infrastructure of Fireblocks to support the introduction of new crypto services for its 13 million retail customers.
Revolut...
Crypto-derivatives subject to retail ban in UK
The UK Financial Conduct Authority has banned the sale of crypto-derivatives to retail customers.
The financial services regulator in the UK considers these products to...
Clim8 Invest launches Crowdcube funding campaign
Clim8 Invest, the digital consumer platform focused on climate-crisis tackling investments, has launched a Crowdcube funding campaign and already smashed its £400,000 target.
The new...
FinecoBank enjoys strong H1 2020 in UK
European fintech FinecoBank registered strong activity from its UK client base across its brokerage, investing and banking business during the first half of this...