Tag: Investing

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.

Digital transformation platform InvestCloud will help Netherlands-based bank Rabobank provide its customers, both private and retail clients, with digital financial planning tools.

Micro investing platform Wombat has launched a crowdfunding campaign ahead of its international expansion initiative.

Open data and payments platform Moneyhub has partnered with financial planning and banking app Pennyworth, to redesign digital banking for the aspiring-affluent customer.

Investment platform ALT has raised $200m in debt financing, which was led by Atalaya Capital Management.

Spain-based financial group GVC Gaesco has signed a partnership with WealthTech giant FNZ to cement its digitisation initiative.

Digitalisation is rapidly transforming investment management and firms are making it a priority. Bricknode, a cloud financial services software developer, has released a new report titled ‘Digital transformation in investment management’. In the report, it covers how cloud and software-as-a-service (SaaS) models are helping investment management firms of all sizes transform their digital services.

Germany-based Ride Capital, which aims to democratise wealth structuring, has reportedly raised €3m in funding.

Cyber risk management technology developer KYND has launched its services into the investment management sector, as cyber risks continue to surge.

As more wealth management companies move towards digital investment guidance and direct-to-investor models, Kidbrooke has asked the question if digital channels can match the teams of physical advisors in terms of quality.