Institutional Investment & Trading

Institutional Investment & Trading

Secfi closes $550m as it seeks to deepen its financing products

Secfi, a platform helping employees manage their equity stakes, has raised $550m from Serengeti Asset Management.

iSTOX bags second funding round in matter of months

Securities issuance and trading platform iSTOX has bagged a $5m investments, just months after closing its former round.

Avaloq adds Edgelab to its roster of partnerships

Swiss-based Edgelab has partnered with WealthTech company Avaloq.

FinTech TigerWit gears up for Asian expansion after securing financial services licence in Hong...

Hong Kong’s Securities and Futures Commission has granted mobile and online trading platform TigerWit a financial services licence.

FinecoBank releases three new products for British investors

Italian digital bank FinecoBank has given British investors access to three new investment products through Fineco Asset Management (FAM).

Goldman Sachs teams up with QC Ware to find out how to use quantum...

While quantum computing is still deemed to be many years away, investment bank Goldman Sachs is already trying to find out how the tech can be used in finance.

Zetwerk closes $32m Series B round

Indian business-to-business manufacturing marketplace Zetwerk to boost international trade with its new capital injection.

Robinhood now has ten million people on its platform

Stock-trading unicorn Robinhood has revealed that over ten million people have accounts on the platform.

Three federal regulatory agencies update trading rules for derivatives

An important rule around how large banks measure counter-party credit risk for derivatives contracts has changed.

Capitolis said to raise $40m in funding

Capital markets technology developer Capitolis has reportedly raised $40m in funding from Spark Capital and SVB Capital.

News Stories

Millennials less aware about phishing threats than other age groups as nine out of...

Just because they are digitally native, it doesn’t mean that millennials are better at cybersecurity than their older peers.

Pine Labs secures investment from Mastercard

Pine Labs, a payment acceptance software builder, has received an investment from Mastercard as part of a new partnership.

BNP Paribas boosts partnership with Tink to reach Italian customers

BNP Paribas has extended its partnership with open banking platform Tink to supply its customers with more personal finance tools.

Banks refuse to reimburse fraud if consumer ignores any warning message

Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.

Businesses suffer longer system outages due to ransomware attacks

Ransomware attacks are becoming more severe with businesses suffering from infections being out for up to 16.2 days on average, up from 12.1 days in the third quarter of 2019.