Institutional Investment & Trading

Institutional Investment & Trading

Superhero is bringing Robinhood-style trading to Oz on the back of $8m round

Australian Robinhood-clone Superhero has bagged $8m with the aim to disrupt the nation's online investment industry.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

ESMA report says financial markets remain “fragile” because of Covid-19

The European Securities and Markets Authority (ESMA) has issued a new report on the impact of the pandemic, saying that the environment "remains fragile."

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.

Crowdcube releases new feature to give late-stage startups an alternative to IPOs

Crowdfunding platform Crowdcube has launched a new product called the Direct Community Offer (DCO), aimed at enabling later-stage startups to raise liquidity for early investors without going public.

FinTech companies launch Fintech Equality Coalition to fight racial inequality

FinTech leaders have joined forces to launch the Fintech Equality Coalition to actively fight inequality within the industry and society in large.

Akemona becomes member of FINRA

Digital securities company Akemona has registered with the US Securities and Exchange Commission (SEC) and is now a member of the Financial Industry Regulatory Authority (FINRA).

Cybersecurity and InsurTech startups behind many of the 27 rounds raised last week

Of the 26 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.

Trumid Financial becomes the next FinTech unicorn

Trumid Financial, which aims to improve credit trading, has become the year’s latest FinTech unicorn, following the close of a $200m round.

MAS is doubling down on its efforts for people to adopt SORA

The Monetary Authority of Singapore (MAS) has launched several initiatives to boost the adoption of its new interest benchmark.

News Stories

Swedish Financial Supervisory Authority penalises SEB with $112m fine for AML failings

The Swedish Financial Supervisory Authority (SFSA) has given Nordic bank SEB with a SEK1bn ($112m) administrative fine after failings in its anti-money laundering efforts.

Swedbank is being investigated by the Swedish Financial Supervisory Authority for suspected compliance breaches

The Swedish Financial Supervisory Authority (SFSA) has initiated an investigation into Swedbank for suspected breaches of market abuse.

The European Banking Authority releases online survey for support on ESG risks

The European Banking Authority (EBA) issued a online survey to credit institutions to offer guidance on the disclosure of information on environmental social governance (ESG) risks.

The European Central Bank is reducing the burden of reporting for banks

The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.

The UK’s FCA launches new review of unsecured credit market

The UK’s Financial Conduct Authority (FCA) has launched a review of the future regulation of the unsecured credit market, which could see crackdown on companies

Join the exclusive webinar with McKinsey and Akur8 to find out more 

How to capture value from pricing analytics in P&C insurance post COVID-19?

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