InvestTech

Stratiphy launches investing app

Stratiphy launches investing app

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UK-based investment platform Stratiphy has launched its app on the Apple App Store and Google Play.  The product had amassed a waiting list of 2,500...
Apple launches a 4.15% savings account in the US

Apple launches a 4.15% savings account in the US

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Apple has launched a new savings account offering a 4.15% APY.  The account, which is provided by Goldman Sachs, will allow Apple Card users to...
Tulipshare launches shareholder activist platform

Tulipshare launches shareholder activist platform

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Tulipshare has launched a new platform to encourage retail investors to take ownership of their investments and learn how to use their shareholder rights...
Raisin raises €60m in funding

Raisin raises €60m in funding

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Raisin, a Berlin, Germany-based savings and investment fintech for consumers and banks, has raised €60m in a series E funding round.  With the new funding,...
Landyetech raises $12m to expand internationally

Landytech raises $12m to expand internationally

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Landytech, an investment reporting platform, has secured $12m in series B funding.   The funding will be used to accelerate Landytech’s growth as the company...
eToro secures New York BitLicence

eToro secures New York BitLicence

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Investment platform eToro has secured its money transmitter and virtual currency licences from the New York State Department of Financial Services.  The licences will allow...
South African investment platform EasyEquities to offer life insurance

South African investment platform EasyEquities to offer life insurance

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EasyEquities, an investment platform, has partnered with digital insurer Sanlam Indie to offer a life insurance product for young investors.  The life insurance policy provides...
Sharegain launches securities lending product in the US

Sharegain launches securities lending product in the US

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UK fintech Sharegain has launched its securities lending-as-a-service (SLaaS) product in the US.  Operating in the UK since 2016, Sharegain’s SLaaS solution is used by...
NatWest Group acquires Cushon for £144m

NatWest Group acquires Cushon for £144m

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NatWest Group has agreed to acquire a majority shareholding in Cushon, a workplace savings and pension fintech.  The British bank will acquire 85% of Cushon...
Carbonplace secures $45m from global banks

Carbonplace secures $45m from global banks

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Carbonplace, a bank-backed carbon credit transaction network, has raised $45m in a strategic round of investment and formed as a standalone entity.  Headquartered in London,...
Multi-bank joint venture bolsters blockchain platform SWIAT

Multi-bank joint venture bolsters blockchain platform SWIAT

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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

National Bonds announces partnership to help customers save in UAE

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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 targets FX opportunities in Ghana with new office

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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

tendy to launch teen investment app with WealthKernel support

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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 and LSEG agree 10-year partnership

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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 raises $5.5m in first outside funding round

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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

UK FCA warns against gamification of trading apps

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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 sells its stake in CYBAVO as part of Circle’s takeover

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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 launches portal to facilitate investments in Africa

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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 enters digital asset space

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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 acquires portfolio management provider Bullsheet

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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 appoints Balaji Krishnamurthy as chief technology officer

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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 opens new office in Singapore to support growth

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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

India’s Jar raises $22.6 million

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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

abrdn acquires stake in UK digital securities exchange Archax

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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

Sharegain appoints head of business development

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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

ADDX raises US$58m to build on private exchange growth

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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 fintech Zumo appoints Jonathan Sepulchre to new head of growth role

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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 TIFIN raises $109m to pursue continued growth

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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 raises $17m+ for digital grain management and finance platform

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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

Bitstamp appoints new global CEO

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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

Cowen launches digital asset division for institutional investors

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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 acquires UK custody provider

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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

Asian Development Bank to build prototype blockchain for cross-border securities settlement

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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 raises $100m to fulfil crypto mission

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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

Crypto fintech BCB Group raises $60m

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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 raises $40m to make it easier to invest in non-traditional assets

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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 to connect customers to crypto through Bakkt

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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 to settle FX transactions using blockchain-based solution

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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 Gemini raises $400m, achieves $7.1b valuation

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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

Carbon offtake company Evergrow raises seed funding

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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

Standard Chartered plans launch of Starling-powered digital platform focused on climate change

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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

Quantum computing startup Multiverse closes $11.64m seed round

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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

Trading fintech Trumid raises $208m

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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

TradingView hits $3 billion valuation with $298 million investment

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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

Chip launches growth investment round

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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 appoints first chair

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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

Capital markets fintech Irwin closes $20m series A round

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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

Crypto exchange FTX.US moves into derivatives with LedgerX acquisition

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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 raises $50 million and announces crypto offering

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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...