Institutional Investment & Trading

Institutional Investment & Trading

Investment app Groww earns the unicorn horn after latest $83m fundraise

Stock investment platform Groww’s latest $83m Series D round catapulted it into the unicorn club.

Why digitalisation is key for success in wealth management

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 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.

Nordic Capital seals hefty 6.4x return in €2.1bn Itiviti trade sale

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.

Indonesian WealthTech startup Pluang snags $20m in pre-Series B round

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.

Investment platform Freetrade raises $69m in a Series B round

Stock trading app Freetrade $69m in a Series B round and has reached a post-money valuation of $366m.

Why SumUp and Stripe took centrestage among the 41 FinTech investment rounds last week

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.

Fireblocks raises $133m to bring banks and FinTechs into crypto

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.

FinTech firm Pollinate raises $50m in Series C round

London-based FinTech Pollinate has closed a $50m Series C round led by Insight Partners.

JP Morgan and Barclays back Illuminate Financial in $100m round

London-based VC firm focusing on FinTech startups Illuminate Financial has closed a $100m round with backing from JP Morgan Chase and Barclays.

News Stories

The 26 FinTech deals of last week show the unicorns are on the rise

FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.

Y Combinator-backed financial data collaboration platform Abacum raises $7m

Real-time financial and operational data collaboration tool Abacum netted in $7m through a seed round funding led by Creandum alongside existing investors Y combinator and PROFounders.

Novidea hires ex-broker to head sales department

Insurance company Novidea has appointed Jamie McDonnell to the role of UK sales manager.

Bryter raises considerable Series B to speed up US expansion

US cybersecurity business Bryter has snared $66m following a successful Series B round led by Tiger Global.

Digital mortgage lender Better.com rakes in a $500m round led by SoftBank

Digital mortgage lender Better.com raised a massive $500m round from Japanese investment conglomerate SoftBank that values the New York-based company at $6bn up from $4bn in November.

Do you know which are the leading RegTech companies in each sector?

Find out in the Global RegTech Buyer's Guide for 2021

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