Robinhood raises $323 million in Series E funding
The new round of funding values the company at $7.6 billion.
Investment, Asset & Fund Management
Zeta eyes global expansion with Series C investment
The investment came from Sodexo at a valuation of $300 million.
Atom Bank raises £50m
Neil Woodford’s fund has announced its first major investment since the shuttering of its flagship vehicle last month.
PayMate raises series D to accelerate growth
The Indian B2B paytech raises money for domestic and international growth.
FNZ acquires wealth management software firm JHC
The combined group will take JHC’s solutions into new territories.
Angels Den Funding selects Lemon Way for UK payments
The paytech won the bid following a tough competitive analysis.
Equistone acquires Moody’s Analytic Knowledge Services
The existing management team will remain in place.
FNZ acquires German investech Ebase for €154m
Ebase was previously owned by Comdirect Bank
ADGM issues robo-advisor regulatory framework
Fairness, accountability and transparency are key principles.
Blockpass enters Hong Kong broker market with 2GoTrade
The partnership is a first for the ID verification provider.
Jumio solves BTG Pactual’s digital ID check challenge
AI solution overcomes the difficulties of verifying Brazilian ID.
Turing Technology completes second funding round
Following the release of CryptoMood, an AI market data analysis tool.
TreasurySpring launches Fixed-Term Fund platform
The platform provides a digital pipeline for the wholesale money markets.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Blockchain firm Saga picks FIS for treasury management
Deloitte helped Saga pick its supplier.
Wealthtech Jacobi raised $7.5m for EU expansion
The Australian firm recently partnered with JANA Investment Advisers.
BTG Pactual and Dalma Capital adopt Tezos for STOs
The Latin American investment bank launched ReitBZ STO earlier this year.
ABN AMRO launches mobile wealth management app
Kendu’s core banking is managed by Sopra Banking Software.
Top fintech stories this week – 05 July 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Currencycloud raises around £32m
Investors in the first part of the Series E round have not been disclosed.
Sensibill raises $31.5m for AI-driven banking solution
The Toronto firm targets freelancers and entrepreneurs.
Silicon Valley Bank lends $300m to innovative Irish companies
It will bring the total amount brought to the Irish market to $500m by 2024.
FCA proposes ban on crypto-based derivatives
The regulator believes the products are ill-suited to retail consumers.
Avaloq buys Swiss structured products firm Derivative Partners
The acquired niche company provides market information and tools for clients in Switzerland and the rest of Europe.
Covenant Capital signs up on Profidata’s e-AMIS
The wealth manager will be able to follow better independent tailored advice.
Broadridge takes over Northern Trust’s PE DLT platform
The move is viewed as a step towards an industry-wide PE blockchain solution.
LGT Vestra gets new mobile app from Crealogix
The firm’s high-net-worth clients are getting a new digital experience=.
N26 launches MoneyBeam for UK users
MoneyBeam lets users receive or transfer up to £100 with other N26 users in the UK.
Aazzur launches funding round
The Berlin-based fintech has also begun beta testing.
Avaloq Community Conference 2019: readiness for an uncertain future
Setting out the five basic steps for the bank sector to follow, with digitisation at the heart.
MoneyGram agrees $50m partnership with Ripple
The strategic partnership will have an initial term of two years.
Gold payments firm Glint Pay receives £5m funding
It will help the firm push its US expansion.
Five winners in latest RBS-derived funding round
The fourth entry in the Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package.
Sure secures $23.1m Series B funding
The funds will enable the company to scale-up its business.
StatPro acquires ECPI research and index
The group will also take on the employees of ECPI, ESG unit in Milan.
Halo raises $12m to democratise structured notes investing
The platform aims to make investment available to everyone, not just high net-worth investors.
SimCorp acquires AIM Software for €60m for data management boost
The Danish investech will include AIM’s solution to its portfolio.
Getsafe raises €15m for AI-driven insurance
The German mobile insurtech is looking to double its team and expand in the UK.
Groupama overhauls product repository with Appian’s low-code platform
A new lifecycle management application has been deployed.
Investors lost over £27m to crypto and forex scams last year
The FCA and Action Fraud aim to raise awareness of investment fraudsters.
