Advisory & Brokerage

Finwizard nabs in $1.1m for Indian wealth management app

Indian FinTech company FinWizard has raised $1.1m in a funding round from Saama Capital. The Bengalruu-based company runs wealth management app Fisdom.

State Street acquires investment management software builder Charles River

State Street Corporation has acquired investment management software developer Charles River Development for an undisclosed amount.

American Express VC arm, Healthcare of Ontario pension back $70m Better Mortgage Series C

The VC arm of American Express and the Healthcare of Ontario Pension Plan (HOOPP) were among backers of a $70m Series C round for US digital mortgage lender Better Mortgage.

FundGuard pulls in $12m Series A led by Team8

FundGuard, an AI-powered SaaS investment management and asset servicing platform, has netted $12m in its Series A round.

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.

Why Australia is seeing a rise in challenger banks

Digital banks are on the rise Down Under. However, competing with the big four banks won’t be a walk in the park.

How Kidbrooke’s tool helped a family get peace of mind

Planning for the future can be tough, but what does a family do if they need to spend more than they earn? Kidbrooke has released a new report on accident insurance: would my savings suffice?.

Why the 46 FinTech rounds from last week are exciting for stock trading and...

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.

Pair of private equity firms help CAIS earn its horn

Alternative investment platform CAIS has joined the unicorn club following a $225m investment round led by private equity firms Apollo and Motive Partners.

Danske Bank unveils carbon-neutral mortgage in select UK regions

Danske Bank has launched its Danske Carbon Neutral Mortgage in the South East, South West and East of England regions in the UK.

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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