Singapore’s StashAway secures $25m in Sequoia Capital India-led round
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.
Aussie robo-advisor Stockspot nabs $2.2m
Sydney-based robo-advisor and fund management firm Stockspot has raised $2.2m in a Series B round. Australian asset management company ETF Securities’ founder Graham Tuckwell co-led the investment with Alium Capital.
Vestwell secures $30m through Series B round
Digital retirement platform Vestwell has raised $30m in its Series B funding round.
The 35 FinTech deals from the last week that you can’t afford to miss
Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.
Kasisto raises Series C extension for digital assistants services
Kasisto, which offers digital assistants, has raised $15.5m in its Series C extension round, which was led by Fidelity Information Services and Westpac Banking Corporation.
Investoo Group acquires RoboAdvisor.Com in undisclosed deal
London-based Investoo Group has acquired robo advisor comparison website RoboAdvisors.Com to help the company expand into portfolio management.
Just over half of retail investors would use a robo-adviser
Robo-advisers have risen in popularity, but only 53% of retail investors would consider using a robo-adviser platform.
South Africa-based FinChatBot raises £1.2m to support its international expansion
Conversational AI platform FinChatBot has received £1.2m, as it looks to expand internationally.
Almost 80% of financial advisors expect robo to disrupt industry
Automated and algorithm-based wealth management is making an increasing impact on traditional wealth management.
DriveWealth, Bambu partner to offer wealth management robo-advisor
DriveWealth, a financial services API developer, has teamed with robo-advisor developer Bambu to provide an end-to-end robo-advisory platform to the wealth management industry.
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