Institutional Investment & Trading

Ethic bags $29m in its funding round to support its growth

Ethic, a tech-driven asset management platform, has closed its Series B round on $29m to support its continued expansion.

Robinhood pulls the plug on its UK expansion to focus on the US market

Just days after announcing a massive expansion of its Series F round, stocktrading platform Robinhood has scrapped its expansion in the UK.
fintech insurtech wealthtech regtech ai cybertech esg news

Now Money raises $1.46m in bridge funding round

Now Money, a company which provides mobile banking technology to low-income migrant workers, has raised $1.46m in a bridge funding round.The Gulf-based company has...

29 FinTech funding rounds from the last week that you can’t afford to miss

While Robinhood's massive Series G round may have secured the most headlines last week, InsurTech and PropTech ventures bagged the most capital injections.

Arcesium secures investment from J.P. Morgan

Investment management technology developer Arcesium has received an investment from J.P. Morgan.

iSTOX nets $50m Series A to support international growth

Singapore-based iSTOX, which offers a securities issuance and trading platform, has reportedly bagged $50m in its Series A round.
fintech insurtech wealthtech regtech ai cybertech esg news

Investoo Group bags £7.5m in credit to support further acquisitions

Financial trading affiliate Investoo Group has secured £7.5m in credit funding to help fund further acquisitions.

Capital markets software dev Irwin nets $20m in its Series A round

Irwin, a software developer for the capital markets, has closed its Series A round on $20m, which will support the expansion of its services.
Allocations raises $5m for its SPV software

Allocations raises $5m for its SPV software

 Allocations, which helps build special purpose vehicles (SPVs) and funds instantly, has reportedly hit a $150m valuation after the close of its $5m round.
Raisin

Raisin nets €60m in Goldman Sachs-backed Series E

Raisin, a global savings and investment specialist, has raised €60m in a Series E funding round backed by Goldman Sachs.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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