InvestTech

Lightyear to launch commission-free investment platform

Lightyear to launch commission-free investment platform

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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 BlackRock-powered funds

Chip launches investment offering with access to BlackRock-powered funds

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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 raises $65 million in series C round

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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 raises $65 million to bolster digital investment app in Indonesia

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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 closes $29 million series B funding round

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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 lands Santander in major liquidity management contract win

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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 plans new solutions in digital assets and collateral management

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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

SDAX close to launching digital asset trading platform

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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 raises $50 million in Series A funding round

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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

InvestSuite lands €3m in new funding

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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

J.P. Morgan Asset Management acquires tax fintech 55ip

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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 attracts $50 million in series B funding

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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

RaiseNow secures $6 million investment

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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

Clim8 Invest appoints three experts to investment committee

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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 Fireblocks, plans to introduce new crypto services

Revolut selects Fireblock for launch of new crypto services

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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...
UK financial services regulator bans sale of crypto-derivatives to retail consumers

Crypto-derivatives subject to retail ban in UK

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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 launches Crowdcube funding campaign

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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

FinecoBank enjoys strong H1 2020 in UK

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European fintech FinecoBank registered strong activity from its UK client base across its brokerage, investing and banking business during the first half of this...
Digital asset manager Scalable Capital raises €50 million

Digital wealth manager Scalable Capital raises €50 million

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Germany-based wealth manager Scalable Capital, hot on the heels of its B2B partnership with Barclays, has raised €50 million in series D funding. The funding,...
Bits of Stock and Button bring wealth wellness to consumers and brands

Bits of Stock and Button bring wealth wellness to consumers and brands

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The brand loyalty and investment app on a mission to drive wealth back into communities has partnered with mobile commerce platform Button to enable...
Flagstone adds new deposit taker to smart cash platform

Flagstone adds new deposit taker to smart cash platform

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London-based Flagstone has added a new deposit taker to its investment management platform, expanding the pool of savings products that its small- and medium-sized...
ICE's Bakkt raises $300 million

Bakkt raises $300 million

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New York state-based digital asset services startup Bakkt has raised $300 million of capital from big names including Microsoft venture capital firm M12 and...
Onchain Custodian partners with IBM for asset safekeeping

Onchain Custodian partners with IBM for asset safekeeping

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Singapore-headquartered Onchain Custodian, the institutional digital asset investments custody service, has released a new version of its SAFE platform. The new version integrates cryptography services...
Morgan Stanley eyes $13 billion E-Trade acquisition

Morgan Stanley eyes $13 billion E-Trade acquisition

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Online brokerage firm E-Trade is the subject of an acquisition bid that, if successful, would move investment bank Morgan Stanley into the consumer trading...
Instimatch Global adds Gulf Bank to money market network

Instimatch Global adds Gulf Bank to digital money market network

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Instimatch Global, the digital network for institutional money market lending, has expanded its international coverage with the addition of Kuwait's Gulf Bank to its...
Cobalt onboards Citi to post-trade FX infrastructure

Cobalt onboards Citi to post-trade FX infrastructure

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Citi is the latest bank to go live on the post-trade foreign exchange (FX) infrastructure of London-based Cobalt. Cobalt's post-trade FX infrastructure is suitable across...
BMO to acquire Clearpool for electronic trading platform capabilities

BMO to acquire Clearpool for electronic trading platform capabilities

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BMO Financial Group is acquiring Clearpool Group, a New York-based provider of electronic trading solutions and an independent agency broker-dealer operating in the US...