How to thrive in an ever changing market, a conversation with the COO of Qualco
Spyros Retzekas, COO at Qualco says agility is the key.
Investment, Asset & Fund Management
Cashforce solves forecasting challenge for treasuries, raises €5m funding
INKEF Capital and Citi Ventures led the Series A round.
China to ditch some foreign ownership limits next year as trade-war concession
Limits to be scrapped for securities, futures and fund management firms next year.
Credit Suisse mulls return to US private banking to serve LatAm’s wealthiest
The bank is looking to add $15 billion in assets to a new Miami base.
Decentralised vs centralised exchanges: a comparative analysis
Crypto is not about rolling the dice but it’s about making tough decisions.
eBook: Accelerating banking efficiency
Exploring three opportunities available for banks to make the most of their existing infrastructure.
Finra slaps UBS with $2m fine for short position failures
Self-regulatory body calls out the bank’s repeated failures.
Banking Technology October 2019 issue out now
Lessons from Africa.
Sibos 2019: IBM’s initiative for social good
AI to combat social issues is “not philanthropy”, but rather an initiative.
Sibos 2019: MUFG “ready to work with fintechs”
MUFG reveals it already has its eyes on some fintechs.
Challenger bank Pepper creates new app for young investors
The mobile-only challenger bank offers Israel’s first fractional shares trading app.
Banking Circle calls for financial inclusion for SMEs
The paper explores how to bring barriers down for small players.
The best of Robo Investing 2019
Catch up on exclusive interviews from Robo Investing 2019 .
Cybersecurity firm Acronis becomes unicorn with $147m investment
The funding round was led by Goldman Sachs.
Caisse des Dépôts chooses Murex for its asset management
Murex’s MX.3 platform pulls every part of business into one.
Bud lays off 20% of its staff
One source says that majority of employees let go were in its marketing department.
Nucoro warns 84% of wealth management digitisation could fail
Wealth managers must re-engineer their operations to compete.
Spendesk raises €35m in Series B funding
The French company plans new offices in London and Berlin.
AI firm Syte eyes global expansion with $21.5m funding
The company will branch into visual AI-powered personalisation.
PrimaryBid closes £7 million funding round to fuel expansion
It will use the funds to expand its sales and marketing efforts and IT developments.
Foloosi targets GCC expansion with $500k seed funding
The Dubai-based start-up offers cashless payment solutions.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Tinkoff launches Pulse social network for investors
Tinkoff’s app is now a “one-stop shop” for all communication.
Ethical investment platform Yielder completes Series A funding round
Yielders has set its sights on securing licenses in Pan-Asia and the GCC.
EQT will raise at least €500m in IPO
EQT is the world’s seventh largest private equity fund.
Fintech start-up Byhiras chosen for UK pension solution
The solution will be used by all UK LGPS pension funds by Q1 2020.
Danske reported to police over investment mis-selling
The Danish regulator says Danske broke investor protection rules.
Chairmans Financial rescues Ipagoo from administration
Chairmans plans to buy 100% of Ipagoo and some assets from its parent software company.
Top fintech stories this week – 30 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Singapore opens applications for new digital bank licences
Applicants must be committed to Singapore’s future.
Challenger investment firm founder launches legal action against UK PM Boris Johnson
SCM Direct founding partner, Gina Miller, takes the Brexit battle to court once again.
Insurtech start-up Kin raises $47 million
The company will launch a home insurance carrier in Florida.
Ethos raises $60m led by GV and Goldman Sachs
The insurtech has since raised a more than $100 million to-date.
Platform9 targets global growth with $25m funding
The firm helps companies run cloud-native infrastructure at scale.
Cybersecurity start-up Axonius closes $20m Series B
This was the firm’s second fundraise of the year.
ICBA invests in Teslar Software for community banks
The undisclosed investment brings Teslar’s seed capital to $2 million.
Insurtech Hedvig raises €10.3m
The funding values the company at SEK342 million ($35.5 million).
Standard Bank and Nomanini sign 12-months in the making $4m deal
Nomanini will be looking to raise additional funding for growth.
Indian digital payment firm BharatPe raises $50m
The company is now valued at $225 million.
Credit Suisse to focus on digital banking
“Maintaining the status quo was not an option.”
