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.
Bambu, a developer of digital wealth management solutions, has acquired fellow technology developer , doubling its employee count to 130.
A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.
CyberTech ventures, Deadpool-backed enterprises, and InsurTech startups are among the big winners of the 25 FinTech funding rounds reported last week.
Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.
Robo-advisor Bibit.id raised $65m in a funding round led by Sequoia Capital India.
Singapore-headquartered StashAway closed a series D funding round for $25m led by Sequoia Capital India, bringing its total paid-up capital to $61.4m.
WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days. Companies operating in the WealthTech, cybersecurity, RegTech,...
WealthTech Tradeteq has secured $9.4m in a Series A round designed to fuel the further development of its product development.
As 2021 is kicking off, there are several trends in wealth management to look out for.