Envestnet launches new WealthTech suite
WealthTech leader Envestnet has launched a suite of unified managed accounts for advisors working with high-net-worth and ultra-high-net-worth clients.
Brazil’s Magnetis said to raise $11m as it looks to become a full-service brokerage
Magnetis, which offers Brazilian investors a wealth management solution, has reportedly raised $11m in its new funding round as it looks to become a full-service brokerage.
China-based Snowball Finance said to close its Series E on $120m
Snowball Finance has reportedly collected $120m in its Series E funding round to upgrade its services.
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.
NatWest unveils carbon footprint feature aimed at tracking user climate impact
NatWest has launched a new carbon footprint tracking feature for its app users to help customers lower the climate impact of their spending.
NBA All-Star Baron Davis-backed FinTech UNest collects Series B capital
UNest, a FinTech platform aimed at helping parents invest and save for their children’s future, has scored $26m in its Series B funding round.
Crypto exchange FTX hits $32bn valuation after Series C
Cryptocurrency exchange platform FTX Trading has bagged $400m in its Series C funding round, which brings its valuation to $32bn.
Charityvest bags $2.2m for its donor-advised funds
Charityvest, which has builds tax-deductible charitable giving accounts, has released new investment capabilities after the close of a $2.2m seed round.
Europe’s first social trading app closes $40m round after successful UK launch
Shares, which claims to be Europe’s first social and community-based investing app, has closed its Series B on $40m, just months after its UK launch.
Arta, the family office for everyone, exits stealth with $90m
Arta is a new financial management platform that aims to become the family office for everyone, not just the rich. The company has launched out of stealth mode, with $90m in equity.
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