Pagaya shows off its AI-powered $100m ABS
Asset-backed securities looking toned and honed.
Investment, Asset & Fund Management
Raisin caught raising $114m for savings quest
Series D brings total amount raised to $200m.
Phoebus Software wins new client in lending space
UK-based Business Lending Group signs a five‐year contract.
MiFID II’s unbundling mandate puts data front and centre for traders
A year on, MiFID II is changing the way buy-side firms acquire and produce investment research.
Bayerische Landesbank picks Profidata for custodian services
German bank will use the software Xentis.
Broadridge partially acquires PivotData and Sol Hedge regtech
Fintech provider is expanding its regulatory capabilities.
Fintech app Acorns receives $105m funding
Alongside a partnership to create educational content.
Data firm Essentia Analytics brings in £2.5m funding
Provided by Calculus Capital.
O2 Banking app enters Raisin’s world of savings
Bank will use Raisin’s platform WeltSparen in Germany.
Nutmeg gets £45m support led by Goldman Sachs
And from previous investor Convoy, as it eyes Hong Kong expansion.
BlueCove signs up for Patronas compliance tech
The asset management firm is installing the OPUS system.
French asset manager Amundi fully acquires Anatec
Buying the 51% stake it didn’t own.
Objectway nabs asset management software firm Algorfin
As it aims to establish its dominance in Italy.
FNZ takes minority stake in Embark
FNZ and Embark also extend their tech partnership until 2028.
AXA teams up with Dreams for millennial savings
Coming from the Nordics and across Europe.
AccessPay gets £9m investment for wealthtech connections
As leading investor Beringea looks for investments in north of UK.
Accenture ups wealth game with Orbium acquisition
Orbium is Avaloq’s partner and system integrator.
BNY Mellon’s Pershing has wealthtech thing for Objectway
The bank’s wealth brand gets a front-end upgrade.
USAA customers to get $12m back for payment errors
Consumer Financial Protection Bureau also fines bank $3.5 million.
Top ten wealthtech stories in 2018
Witness the wonders of the wealthtech world for free!
Arrow Capital goes with Profile Software
It will use the Axia platform for wealth management.
Aiera bags $3.5m for AI-driven equity research
Welcome to the era of the artificially intelligent equity research analyst.
Lendtech Blend Network gets £10m funding
To grow its lending product and raise the UK firm’s profile.
Goldex raises over £1m in pre-Series A rush
As it develops its retail gold investment app launched in July.
NEO Global Capital invests in blockchain platform Ultrain
Decentralised computing platform plans to build cloud infrastructure.
Digital security firm Trustology gets $8m funding
ConsenSys’ cybersecurity baby is doing well.
Avaloq and Gazprombank go crypto for wealthtech
The bank will offer crypto-asset investments from mid-2019.
HSBC releases robo-advice and investment service
Only for customers with some money to invest.
French 14 find firm favour in R3 blockchain trial
Corporates complete regional CordaKYC trial with AFTE.
Calastone to launch blockchain-powered funds marketplace
Coming in May 2019 via its new distributed market infrastructure.
BCS Global Markets calls on Calypso Tech
For its ability to transact multiple assets.
Boys from the BlackRock launch investment firm Genuine Impact
London-based company powers up with investment intelligence platform.
Focus Solutions unleashes wealthtech portal and hub
Hub unveiled with BITA Risk and Investment Software Limited.
Focus Solutions releases financial advice software for FIs
“More than gamified fact-finding.”
Fintech Sharegain raises $5m and rolls out securities lending platform
It has raised a total of $12m so far.
Laureate turns to AlphaPoint for blockchain-based asset management tech
Laureate’s asset digitisation, investor portal, and secondary trading will rely on AlphaPoint’s technology.
Natixis signs up with Fenergo for client management
Fenergo CLM will be rolled out across Natixis’ Corporate and Investment Banking division globally.
Citizens Bank pioneers SigFig’s new wealthtech for financial advisors, CoPilot
SigFig unveils CoPilot, a digital wealth management platform for financial advisors.
Sustainable ETF assets soon to be commonplace among investors
Exchange-traded funds (ETFs) are estimated to be worth $400 billion in the next decade.
Mining ESG data: the rise of technology
The root of an informed valuation is the disclosure of relevant information.
