InvestNext reels in $4.3m seed to expand business footprint
Investment management firm InvestNext has raised $4.3m from a seed funding round headed by Hyde Park Venture Partners.
Commonstock snares $25m Series A to continue platform build-out
Investing social platform Commonstock has secured $25m from a Series A funding round led by Coatue.
Majority of bankers see customer experience, not products as future of banking
A report published by Temenos has found four in five bankers believe financial institutions will look to discern themselves on customer experience rather than products or services.
How WealthTech innovation is driving the rise of the neo-broker
A recent blogpost by Currencycloud has scrutinised how innovation in the WealthTech market is driving the rise of the neo-broker in wealth management.
Investment advice technology MDOTM secures Series B funding
MDOTM, which designs AI-powered investment strategies, has closed its Series B funding round on €6.2m.
Bhutan to pilot central bank digital currency through Ripple partnership
The Royal Monetary Authority (RMA) of Bhutan has teamed with cross-border crypto payment firm Ripple to pilot a central bank digital currency (CBDC) in the region.
How are rising ESG interests changing wealth management
Climate change is one of the biggest challenges we face. While policies like the Paris Agreement attempt to change the world to have a net-zero emissions impact, there are still billions of dollars invested each year into harmful industries, such as fossil fuels. As pressure on climate change rises, could firms start to focus more on ESG funds?
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.
Ledgy closes Series A as it targets new markets
Ledgy, an end-to-end equity management platform, has reportedly collected $10m in its Series A round, which will support its growth in new markets.
Brokerage platform Alpaca inks $50m to help FinTechs with embedded equities, partners with Plaid
Alpaca, a stock brokerage platform that offers APIs for FinTech apps to connect and trade in US stocks, raised $50m and plans to launch cryptocurrency trading.
