Saphyre secures $18.5m in Series A from HCAP, J.P. Morgan and BNP Paribas
Saphyre’s AI-enabled platform is intended to improve pre- and post-trade data and processes.
Investment, Asset & Fund Management
London Stock Exchange Group sells BETA+ in $1.1bn deal
BETA, Maxit and Digital Investor (collectively known as BETA+) have been sold to Clearlake Capital and Motive Partners.
US fintech Acorns lands $300m investment to boost growth
The funding comes after the fintech abandoned its planned IPO in January.
Banking challenger and investing platform Finch set to launch in US
Finch boosts users’ credit score by reporting spending to US credit bureaus Equifax, Experian and TransUnion.
BNY Mellon first GSIB to integrate Chainalysis crypto compliance software
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
Pipe acquires Purely Capital to move into media and entertainment financing
Pipe claims to be “the creator of the world’s first trading platform for recurring revenues”.
PrimaryBid lands $190m in SoftBank-led Series C investment round
The money will be used to expand across continental Europe and the US.
ICYMI fintech funding round-up: Brick, Cynomi, Infina, Fintern, Pyypl, Streetbeat, Tiba, & more
Our weekly round-up for you to get the latest fintech funding news.
Goldman Sachs’ veteran tech head Nash Panchal to take over as MarketAxess CIO
MarketAxess COO says Panchal brings “impressive record” of leading global tech organisations.
Fintech funding deals globally 24 January – 30 January 2022
Featuring Fireblocks, FTX US, Creditas, Esusu and CoinTracker.
ICYMI funding round-up: BillEase, Cake, Gr4vy, Finmap, Shield, & Skilling
Don’t let funding announcements slip you by in this fast-paced industry!
SaaS financial data platform Canalyst secures $70m Series C investment
Canalyst says it wants to be “the new fundamental dataset of record”.
United Fintech acquires 25% stake in asset management platform Athena
The multi-stage acquisition deal is the company’s fourth acquisition in 14 months.
AI-focused fintech Qraft Technologies secures $146m SoftBank investment
Qraft’s US CEO says investment management is “ripe for disruption” thanks to AI.
Alternative investment platform CAIS hits unicorn status with $225m funding
CAIS describes itself as “the first truly open marketplace for alternative investments”.
2021: Top five fundraises
FinTech Futures takes a look back at some of the year’s most eye-catching funding rounds.
Fintech funding deals globally 6 December – 12 December 2021
Featuring Monzo, Tipalti, Mambu, Tradeshift and Pleo.
FinTech Futures Jobs: Three exciting roles to apply for this week
Exciting open vacancies at Starling Bank, Funding Circle and Crowdcube. Apply today!
ICYMI funding round-up: Trolley, TSLC, and Freetrade
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Digital wealth manager Wealthsimple exits UK
All eligible accounts will be transferred to Moneyfarm in January.
Wealthtech FNZ acquires client onboarding tech vendor Appway
Hanspeter Wolf, CEO and founder of Appway, will become FNZ’s CTO.
Republic to buy Seedrs to create global private investment player
The $100 million deal brings together the US and UK-based partners.
Video: fintech news pick of the week – MoonPay, Airwallex & Gemini
Our top pick of news from the world of finance and tech in bitesize video format, every week.
ICYMI funding round-up: Pomelo Pay, Nudge, Recordent, fintus, EarlyBird, WLTH, and Basiq
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
Family savings fintech UNest raises $26m in Series B round
Company is one of the few US fintechs with a female founder to gain investor funding to date.
Fintech funding deals globally 15 November – 21 November 2021
Featuring Gemini, Upgrade, CloudWalk, EasyHealth and Airwallex.
ICYMI funding round-up: Tarabut Gateway, TotallyMoney, Quartr & more
Another collection of funding rounds and raises from all over the world you might have missed.
Fintech funding deals globally 18 October – 24 October 2021
Featuring N26, Deel, FTX, Zopa and Brex.
New social investing app AleFi launches in US
AleFi aims to help new retail traders understand the market and follow trends.
Webinar: Reimagining the customer experience in wealth management
Celent and OneSpan give a closer look at the digitisation trends shaping the wealth management industry.
Goldman Sachs gets green light for total ownership of Chinese venture
Goldman becomes the second US bank to buy out its Chinese mainland joint venture partner.
Digital transformation in asset management – obstacles for fund administrators
Fund administrators are struggling to keep pace with digitalisation thanks to some notable obstacles.
State Street to acquire BBH Investor Services in $3.5bn deal
State Street says the deal will help enhance its investment products and services.
Mexican fintech Flink lands $57m in Series B round
New investment follows the company’s $12 million Series A round in February.
Video: fintech news pick of the week – Mastercard, Ramp, PayPal & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
FinTech Collective raises $250m for new early-stage investments
The venture capital firm’s total AUM now exceeds $500 million.
Trading technology firm DriveWealth secures $450m Series D funding
Fintech will use the funds for continued product and service expansion and additional hires.
Fintech funding deals globally 16 August – 22 August 2021
Featuring DriveWealth, Sightline Payments, Bitpanda, PalmPay and Reali.
Video: fintech news pick of the week – Goldman Sachs, Paysafe, HSBC & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Goldman Sachs to acquire asset management firm NNIP in $2bn deal
US bank continues drive towards new revenue streams.
