Bambu acquires Tradesocio to support its international growth
Bambu, a developer of digital wealth management solutions, has acquired fellow technology developer , doubling its employee count to 130.
Central 1 launches Canada’s first voice banking service
Central 1 has launched Canada’s first authenticated voice banking service through the use of Amazon Alexa.
Vestwell secures $30m through Series B round
Digital retirement platform Vestwell has raised $30m in its Series B funding round.
Why financial institutions can become the leaders of digital investing
There is little room in the market for standalone investment management services, Nucoro COO Nikolai Hack told FinTech Global.
Nutmeg adds another ?12m from Taipei Fubon Bank
London wealth management company Nutmeg has added ?12m to its ?30m Series D round from Taiwanese financial services firm Taipei Fubon Bank.
France-based Fundvisory raises €1.8m from Aviva, Macif
Robo-advisory startup Fundvisory has raised €1.8m from Aviva France and Macif Group, to accelerate the development of digital savings in France.
What does the future hold for the WealthTech industry?
Like a wide range of other industries, the WealthTech sector has seen digitisation accelerate massively recently – with the pandemic only serving to speed up this trend.
YES BANK integrates Microsoft’s AI chatbot
India’s YES Bank will leverage Microsoft’s cognitive services to power its AI-enabled chatbot YES ROBOT, in new partnership.
WealthTech business Prumentum takes $25m and acquires stake in Plancorp
Silicon Valley-based WealthTech business Prumentum Group has raised $25m in a Series A round. The funding comes from family offices, including the Fremont Group and the Cynosure Group.
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.
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