Tag: UBS

German InsurTech heavyweight Wefox raises $55m

Wefox, the InsurTech powerhouse based in Germany, has successfully secured a substantial investment to the tune of $55m.

Financial AI trailblazer Auquan bags $3.5m led by Neotribe Ventures

Auquan, an AI trailblazer in the financial sector, has recently revealed that it successfully closed a seed funding round amounting to $3.5m.

UBS partners with Broadridge for game-changing Distributed Ledger Repo solution

Global FinTech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), has announced a significant milestone with UBS successfully launching on their newly introduced sponsored repo solution. 

Intel Capital steers $22m Series B funding for indexing tech giant...

MerQube, described as a trailblazer in technology for the future of index-linked investing, has officially confirmed a significant fundraising achievement.

Asia witnesses its first tokenised security via Bank of China’s BOCI

BOCI has taken a significant stride in the FinTech realm by launching the first-ever tokenised security in APAC.

UBS to buy Credit Suisse in $3.25bn deal

Financial Services major UBS is set to acquire rival bank Credit Suisse in a $3.25bn deal as it hopes to help prevent a banking crash.

UBS links with Regula to automate onboarding

UBS has partnered with identity verification and forensic solutions developer Regula to create a ‘new experience’ for opening accounts and accessing banking products.

Data collection RegTech Armalytix nets $1m

Armalytix, which streamlines data collection and intelligence for AML checks, has reportedly raised $1m in funding.

Alternative asset management platform Ethic bags $50m

Ethic, a sustainability-focused personalisation-powered asset management platform, has closed its Series C round on $50m.

UBS and Wealthfront terminate merger

UBS and Wealthfront have mutually agreed to terminate their merger deal and instead, UBS has purchased a $69.7m note convertible into the WealthTech’s shares.

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