Tag: Trading

The UK’s Financial Conduct Authority (FCA) will change the amount of shares an issuer is required to have in public hands from 25% to 10%.

After a tough week, investing app Robinhood has reportedly raised more than $1bn in fresh capital from existing investors after being strained by high volumes of trading.

Portfolio optimisation service provider Quantile Technologies has scored a $51m minority investment from growth equity firm Spectrum Equity.

More than four-fifths (84%) of investors are planning to increase their allocation to alternatives over the next five years, according to a new report from AIFMetrics.

Finland-based FinTech company Rundit has secured €1m in its seed funding round, which will help it streamline investor reporting.

InsurTech and banking company VERMEG has launched Colline.Cloud aimed at aiding smaller buy and sell-side firms just as trade regulations are about to get tighter.

Fortu Wealth, a digital private banking solution, has surpassed its crowdfunding target to raise more than £354,000 from investors.

Alpaca, an API for stock trading, has reportedly closed its Series A round on $10m as it seeks to reach more enterprise customers.

Trumid Financial, which aims to improve credit trading, has become the year’s latest FinTech unicorn, following the close of a $200m round.

South Africa-based Valr has reportedly raised $3.4m to help build new products for its cryptocurrency exchange.