Plaid inks $425m Series D, gains decacorn status
Open banking platform Plaid hauled in a massive $425m Series D funding round led by Altimeter Capital with participation from new investors Silver Lake and Ribbit Capital, pushing the firm’s valuation to $13.4bn.
Why digitalisation is key for success in wealth management
As new technologies and digitalisation continue to change the way wealth managers operate, it’s more essential now than ever to understand the changing needs and requirements of clients and capitalise on client-centricity and digitally-enabled interaction channels.
Kidbrooke highlights the three trends in wealth management
Rethinking customer wealth journeys, greater adoption of sustainable finance and more social media engagement among wealth managers were the three main trends in Q4 2020.
The FCA is concerned young investors are taking too much high-risk in their investments
Nearly two thirds of younger investors are taking big risks on their investments, which could significantly impact their lifestyle, according to a report from the FCA.
Crypto trading platform Bitpanda said to hit unicorn status after sizeable Series B round
Cryptocurrency investing platform Bitpanda has reportedly hit a $1.2bn valuation after it closed a hefty $170m Series B round.
Farmland investing platform AcreTrader rakes in $12m Series A
AcreTrader, which claims to be a farmland investing platform aimed at removing barriers to farmland investing and ownership, has closed its Series A on $12m.
India-based Stockal said to close $1m investment ahead of its pre-Series A
India-based Stockal, a retail investment platform, has reportedly raised $1m from ScaleX Partners.
How to use technology to ace the race for differentiation – Kidbrooke
Leveraging technology to improve distribution capabilities for retail customers is a top priority for asset managers, however, many firms lack confidence in their technology.
Public.com hits unicorn status after closing its Series D hot off the heels of...
Social network for investing Public.com has closed its Series D funding round on $220m, which brings its valuation to $1.2bn.
Ashton Kutcher’s Sound Ventures among the Series A backers of investing app Titan
New York-based Titan, which claims to be building operating systems for active investment management, has collected $12.5m for its Series A.
