Category: WealthTech

July 14, 2023

This is according to the UK industry body Innovate Finance, which has released its analysis of the global fintech investment landscape for H1 2023. The first half of this year saw a total of $27.3 billion being injected into the […]

July 7, 2023

FIS has signed a definitive agreement with US-based private equity firm GTCR to sell a majority stake in its Worldpay merchant business. GTCR will acquire 55% of Worldpay, with FIS set to receive $11.7 billion in upfront net proceeds. FIS […]

May 22, 2023

The bank offers a wealth management solution through its trust arm, which has more than $300 million in assets under management. With Marstone’s wealth management-as-a-service offering, the bank aims to develop that offering by improving productivity to retain existing client […]

February 13, 2023

Highbeam, a startup that provides banking features, credit and cash flow insights to e-commerce customers, today announced that it raised $10 million in debt from TriplePoint as it looks to expand the reach of its digital product portfolio. Co-founders Samir […]

February 10, 2023

BMLL provides historical Level 3 data and analytics to banks, brokers, asset managers, hedge funds, academics, regulators and global exchanges, helping them understand how markets truly behave. Following the $26million Series B investment round in Q4 2022, BMLL set out […]

February 6, 2023

The rollout, which began with the replacement of legacy banking systems at Mizuho’s New York offices, will take place over the coming years in Mizuho’s major overseas offices. Oracle’s banking solutions will be used to support “critical” functions for the […]

February 2, 2023

The German launch is set for late 2024 or early 2025, Bloomberg reports, with plans to expand into other EU countries after. The US banking giant is said to have been on something of a hiring spree in Berlin, with […]

January 26, 2023

Founded in 2019, Nucoro provides a cloud-native platform for financial institutions to build digital savings, investment, and wealth management propositions. It raised $19.2 million in a seed funding round, according to Crunchbase. In summer 2021, Nucoro agreed to sell its […]

January 24, 2023

Green joins Equipped with 19 years of experience within private equity, private credit, and real estate and most recently as partner and head of asset management at AnaCap Financial Partners, a specialist investor in mid-market fintech and related businesses. Equipped […]

January 5, 2023

Evolutionary psychologists believe that the ability to preserve wealth gave modern humans the decisive edge in evolutionary competition with other humans. Nick Szabo included an interesting anecdote in his essay “Shelling Out: The Origins of Money.” When Homo sapiens sapiens […]

December 6, 2022

One of the most heartwarming financial trends in business strategy is that of impact investment, which sees business leaders putting money into programs and causes with the intention of generating social and environmental good. A 2019 report from the Global […]

October 27, 2022

More nimble, higher-tech rivals are making the economics of garden-variety retail banking “unsustainable” for traditional financial services companies, driving them to focus on specialized digital services for more profitable customers, according to a new study from the consulting firm McKinsey […]

September 26, 2022

With an impending recession and the cost of living crisis causing investors to tighten their pursestrings, the age-old transactional function of money is changing, and we are entering a new age of financial democracy. What does this mean? It means […]

September 26, 2022

The mooted closure of its UK retail division forms part of Citigroup CEO Jane Fraser’s plans to simplify the firm and boost its share price by exiting core businesses, including consumer franchises in 13 markets. The news comes months after […]

September 22, 2022

Wealth management firms face a conundrum of headwinds like never before. From an environment with low or slowing economic growth, high volatility, high financial leverage by individual investors and pressure to de-lever personal balance sheets, high inflation rates and growing […]

September 14, 2022

GYEN is the first JPY stablecoin approved by the New York State Department of Financial Services (DFS) and is a 1:1 backed stablecoin with assets held at FDIC-insured banks. The partnership demonstrates Anchorage’s support for responsibly regulated stablecoins, and offers […]

September 13, 2022

Having spent the entirety of last week delving into all aspects of fintech partnerships, and how they tie into our month-long coverage of fintech ecosystems, this week we’ll be shifting our attention to the understated sector of wealth management. In […]

September 12, 2022

What recently launched fintech Etcho offers though is the ability for newcomers to understand how their investments can impact the planet right from the get-go. The firm’s co-founder Charlie French recently spoke to FinTech Futures on the promises of sustainable […]

September 9, 2022

Abbove says its technology helps financial institutions offer “holistic” wealth management services and has ambitions to make its platform available internationally. The Puilaetco partnership is the second such private banking partnership Abbove has secured in the past three months. Abbove, […]