Carta hits $7.4bn valuation after Series G close

Equity management solution Carta has been valued at $7.4bn, following the close of a $500m Series G round.

Nucoro divests Exo Investing solution to wealth management firm abrdn

UK WealthTech firm abrdn has concluded a deal to acquire Exo Investing from FinTech firm Nucoro for an undisclosed fee.

Mercury becomes latest billion-dollar FinTech after Coatue-led $120m round

Mercury, a San Francisco-based digital banking outfit targeting startups, has raised $120m at a $1.62bn valuation in a Series B funding round.

iCapital Network hits $4bn valuation after raising fresh investment

iCapital Network, which is helping to drive access and efficiency within the alternative investment sector, has received $440m in funding to hit a $4bn valuation.

How Nucoro is helping banks digitise to take on FinTechs

Financial institutions are not as nimble as FinTechs, but that doesn’t mean they cannot offer their own digital services. The answer is integrating technology stacks designed by specialised companies, that enables the financial institution to easily implement a range of digital investing propositions.

Starling Bank scoops up UK-based buy-to-let lender Fleet Mortgages in a £50m deal

British digital bank Starling has acquired specialist buy-to-let mortgage lender Fleet Mortgages in a £50m cash and share deal.

SIMON Markets collects $100m in first batch of strategic financing

SIMON Markets, which claims to be transforming digital wealth management, has secured $100m in the first batch of a strategic financing round.

What do wealth managers really think of life in the front office?

A research report by Wealth Dynamix and Compeer has provided insights into how front office professionals view the client lifecycle management process.

Wealth Dynamix offers a six step guide to future-proofing advisors

The Covid-19 pandemic transformed the wealth management sector and firms are looking to accelerate their digitalisation efforts to stay competitive. Wealth Dynamix has outlined an easy six step guide to support a firm’s digitalisation effort.

Crush Capital secures $2.75m in funding to support launch of new streaming service

Crush Capital, which hopes to democratise access to investment opportunities, has scored $2.75m in its fresh funding round, to support its new upcoming streaming series.

News Stories

FinTech-focused venture firm QED Investors closes fund on $1.05bn

Global FinTech-focused venture capital firm QED Investors has closed its seventh fund on $1.05bn, as it eyes opportunities in US, UK, Latin America and Southeast Asia.

Grow Credit secures $106.3m in seed round made of debt and equity

Grow Credit, which hopes to bolster financial inclusion, has netted $106.3m in its seed round, which comprised of debt and equity.

Kolide raises $17m in round led by OpenView Partners

Endpoint security platform Kolide has picked up $17m in its Series B funding round, which was led by Boston-based venture firm OpenView Partners.

Form3 raises $160m in its Series C round

Form3, a payment technology developer, has closed its Series C round on $160m, which will aid its geographical growth.

Foxquilt bags funding to bolster growth in US and Canada

North American InsurTech company Foxquilt has bagged $8m in a funding round that will support its expansion across the US and Canada.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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