Stock investment platform Groww’s latest $83m Series D round catapulted it into the unicorn club.
As new technologies and digitalisation continue to change the way wealth managers operate, it’s more essential now than ever to understand the changing needs and requirements of clients and capitalise on client-centricity and digitally-enabled interaction channels.
Ethic, a tech-driven asset management platform, has closed its Series B round on $29m to support its continued expansion.
Nordic Capital has scored a 6.4x return on its investment in trading tech and services provider Itiviti through a €2.1bn sale to trade buyer Broadridge Financial, AltAssets can reveal.
Indonesia-based Pluang secured $20m in a pre-Series B round led by its existing investor, Openspace Ventures to develop and launch more proprietary financial offerings.
Stock trading app Freetrade $69m in a Series B round and has reached a post-money valuation of $366m.
Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.
Crypto infrastructure provider Fireblocks has raised $133m to fuel its efforts towards providing traditional banks and FinTechs with digital asset custody, transfer and settlement infrastructure.
London-based FinTech Pollinate has closed a $50m Series C round led by Insight Partners.
London-based VC firm focusing on FinTech startups Illuminate Financial has closed a $100m round with backing from JP Morgan Chase and Barclays.