FinTech Futures: Top five news stories of the week – 14 March 2025
Our pick of the top fintech news stories this week includes the PSR, Green Dot, Binance and more.
Investment, Asset & Fund Management
News, intelligence and resources on the global fintech industry including topics such as investment, asset & fund management.
Clearwater Analytics snaps up Beacon and Blackstone’s Bistro for combined $685m
Clearwater will acquire Beacon for $560 million, while Bistro will cost $125 million.
Solifi appoints Backbase’s Karan Oberoi as new chief product officer
Oberoi has been overseeing product operations at Backbase since July 2021.
Barclays reportedly nears deal to offload UK merchant acquiring business to Canada’s Brookfield
Sky News reported back in November that the two firms were in detailed discussions over a potential deal.
FinTech Futures: Top five news stories of the week – 7 March 2025
Our pick of the top fintech news stories this week includes Alkami, Ramp, Deutsche Bank and more.
Savvy Wealth names Eric Hurkman as first CTO
Eric Hurkman joins Savvy as CTO following a four-year tenure at equity management tech firm Carta.
Aquiline acquires SEI’s Family Office Services business for $120m
The business will operate under the brand name Archway after the deal closes, expected 30 June 2025.
Digital financial advisory firm Betterment acquires Ellevest’s automated investing arm
The acquisition follows Betterment’s 2024 deal for Goldman Sachs’ Marcus Invest accounts.
Bitwise Asset Management bags $70m funding round led by Electric Capital
Bitwise, which currently has over 100 employees, has plans to expand its headcount to “more than 130 this year”.
FinTech Futures: Top five news stories of the week – 14 February 2025
Our pick of the top fintech news stories this week includes Moneyhub, TD Bank, QuEra Computing and more.
iForex names Hemi Algranaty as new head of innovation
Hemi Algranaty rejoins the company having previously served as CTO before his departure in 2021.
Optimised reporting on financed emissions: a must for future-focused financial institutions
Financial services firms must optimise their reporting on their own emissions, as well as those of their portfolios.
FinTech Futures: Top five news stories of the week – 7 February 2025
Our pick of the top fintech news stories this week includes Solaris, Sixth Street, Temenos and more.
Canadian wealth management tech start-up OneVest raises $20m in Series B funding
The fintech plans to develop “advanced AI capabilities to enhance decision-making and client engagement”.
January 2025: Top five fintech M&A deals of the month
FinTech Futures takes a look back at five of the top fintech M&A deals in January.
FinTech Futures: Top five news stories of the week – 31 January 2025
Our pick of the top fintech news stories this week includes US Bank, Swan, Nuvei and more.
January 2025: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in January.
Trump Media and Technology Group to launch fintech brand Truth.Fi
TMTG currently operates Truth+, a streaming platform, and Truth Social, a social media network.
US wealthtech Envestnet hires Chris Todd as new CEO
Todd joins the company following a four-year tenure at US software giant Ultimate Kronos Group.
Carlyle Group reportedly exploring potential sale of Calastone
According to Reuters, Carlyle Group has engaged Barclays to explore the possible sale of Calastone.
FinTech Futures: Top five news stories of the week – 17 January 2025
Our pick of the top fintech news stories this week includes Capital One, Goldman Sachs, Amazon and more.
iCapital to acquire US investor identity firm Parallel Markets
The alternative investment fintech will use Parallel Markets’ tech to enhance its iCapital Investor Passport solution.
Goldman Sachs launches Capital Solutions group to grow private credit and equity business
The new group will be led by Pete Lyon and Mahesh Saireddy.
Clearwater Analytics to acquire investment management platform Enfusion for $1.5bn
Enfusion will integrate with Clearwater’s middle and back-office solutions in a merger expected to close in Q2 2025.
Canal Road Group boosts direct lending strategy with BMO partnership
BMO will gain a non-voting minority stake in CRG’s management company as part of the deal.
Dan Corazzi succeeds David Hamilton as Solifi CEO
Hamilton, who led Solifi for the past seven years, is moving into the role of chairman.
Pemberton Capital Advisors partners Broadridge for portfolio management tech
Pemberton has selected Broadridge’s Sentry Private Credit Portfolio Management solution.
2024: Top five fintech M&A deals of the year
FinTech Futures takes a look back at some of the biggest mergers and acquisitions of 2024.
Jiko raises $29m Series C, announces new board additions and advisory committee
The funding follows a $40 million Series B led by Red River West in 2022.
First Abu Dhabi Bank taps Broadridge to build out securities finance business
The bank has selected Broadridge’s Securities Finance and Collateral Management solution.
Pipe strengthens leadership team with four key appointments
Nate Wiger has been named as CTO and Claurelle Rakipovic as CPO.
November 2024: Top five fintech M&A deals of the month
FinTech Futures takes a look back at five of the top fintech M&A deals in November.
FinTech Futures: Top five news stories of the week – 22 November 2024
Our pick of the top fintech news stories this week includes Robinhood, CaixaBank, Nationwide and more.
Robinhood snaps up custodial and portfolio management platform TradePMR in $300m deal
The purchase, involving a blend of cash and stock, is set to close in H1 2025.
Goldman Sachs to spin out technology platform GS DAP into independent business
GS DAP has operated as part of Goldman Sachs’ Digital Assets business since launching in 2022.
Cetera Financial Group use case: ensuring quality amid rapid expansion
Richelle Paulsen discusses the role of QA in supporting Cetera’s organic and M&A growth.
ICYMI fintech funding round-up: Groov, Fundcraft, VibePay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
ICYMI fintech funding round-up: Brightwave, Mala, UnitPlus, Parachute, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
iCapital looks to boost data management capabilities with AltExchange acquisition
AltExchange leverages AI to enhance data aggregation and reporting for financial advisors and asset managers.
AI co-pilot solution Reflexivity raises $30m Series B led by Greycroft and IBKR
The raise builds on a $10.5 million Series A closed by Reflexivity, then known as Toggle AI, in 2021.
