Open banking, initiated by the European Union's Payment Services Directive (PSD2) in 2015 and paralleled by the UK's Payment Services Regulations, has sparked significant interest and debate in the financial sector. Nearly a decade into its implementation, this regulatory framework aimed to foster
Syfe, a digital savings and investment platform based in Singapore, has recently completed a significant milestone by securing $27 million in a Series C funding round. This fresh capital injection not only highlights the growing investor confidence in the wealthtech sector but also maps out an
QPLIX, a WealthTech company specializing in wealth management software, has captivated the attention of the tech investment world by securing over €25 million from Partech's Growth Fund. This development is aimed at supporting QPLIX's ambitious global expansion plans. With this considerable
Amundi, a leading European asset manager with €2 trillion in assets under management (AUM), has recently made a strategic move by purchasing Aixigo, a digital wealth management software provider from Germany, for €149 million. Known for its API-based platform Aixigo:BLOXX, Aixigo supports over 20
WealthTech, short for "Wealth Technology," is revolutionizing the wealth management industry. This term denotes the intersection of technology and wealth management, delivering innovative tools and solutions reshaping how individuals and businesses manage their wealth. WealthTech is driving the
The WealthTech solutions market is experiencing a dynamic transformation, underscored by swift technological advancements and an increasing shift towards digital financial services. From robo-advisors to blockchain technology, the market is evolving at an unprecedented rate, offering both
