Trading Platforms

Investor-connecting platform PrimaryBid grabs £7m in new funding round

PrimaryBid is a London-based online platform connecting publicly listed companies with everyday investors for discounted share issuances. It has just announced the completion of a £7m funding round.

TransFICC extends Series A by $17m

TransFICC, which offers low-latency connectivity and workflow services for fixed income and derivatives markets, has scored $17m in its Series A extension.
Altruist collects $112m to enhance its platform for RIA

Altruist collects $112m to enhance its platform for RIA

Altruist, a custodian built exclusively for registered investment advisors (RIAs), has secured $112m in its Series D funding round.
FX liquidity FinTech DMALINK secures £437k in crowdfunding campaign

FX liquidity FinTech DMALINK secures £437k in crowdfunding campaign

DMALINK, a renowned name in the FinTech realm, recently celebrated a significant milestone. The firm successfully concluded its crowdfunding campaign on the Seedrs platform, raising an impressive £437,404, a feat even more commendable considering it exceeded their initial target of £425,010.
on-premise-vs-cloud-based-the-battle-in-wealth-management

On-premise Vs. cloud-based – the battle in wealth management

As more companies shift towards the cloud, data-driven wealth management platform WealthArc has compared cloud-based and on-premise wealth management solutions to see which comes out on top.

US trading app Robinhood aims for $35bn valuation in blockbuster IPO

Controversial trading app Robinhood, which was at the centre of a retail-trading frenzy that gripped Wall Street this year, plans to raise up to $2.3bn in an initial public offering.

Trading Technologies International invests into KRM22

Professional trading software provider Trading Technologies International (TT) has invested $6.35m into KRM22, a software investment company that focuses on risk management for capital markets.
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Spark Systems pulls in $5m for faster forex platform

Singapore-based foreign exchange startup Spark Systems has raised $5m in a new round of funding.

Online trading platform Tiger Brokers said to close $80m Series C

China-based online trading platform Tiger Brokers has reportedly closed its Series C round on $80m.

Securitize raises $48m in Series B funding as it prepares for a new product...

Securitize has closed its oversubscribed Series B on $48m, as it looks to release its marketplace for digital asset security trading.

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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