Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment
The deal includes Marcus Invest’s accounts and assets under management.
News, intelligence and resources on the global fintech industry including topics such as investment, asset & fund management.
The deal includes Marcus Invest’s accounts and assets under management.
JP Morgan has controlled the unit since its takeover of First Republic Bank last May.
The San Francisco-based bank will utilise the fintech’s TradeSun Intelligence V4 solution.
Three fintech founders discuss the best ways to assess a potential partner in financial services.
The parties say they expect the transaction to close “in the coming months”.
Our pick of the top fintech news stories this week includes Linqto, HSBC, Santander and more.
The deal is set to close in H2 2024, with Linqto to operate as a wholly-owned subsidiary of BCSA.
Our pick of the top fintech news stories this week includes Nuvei, Westpac, iCapital and more.
The deal is due to expand iCapital’s data management and reporting capabilities.
Founded in 2018, this latest capital injection takes its total funding to $155 million to date.
BNY Mellon has deployed Nvidia’s supercomputer, DGX SuperPOD with DGX H100 systems.
Juniper joins the firm directly from BlackRock, where she has worked since 2007.
The fines were issued by the the Office of the Comptroller of the Currency and the US Federal Reserve.
The firm will leverage Broadridge’s Securities Finance and Collateral Management (SFCM) solution.
PensionBee is partnering with an unnamed US financial institution to enter the US market.
Our pick of the top fintech news stories this week includes Webull, Citi, Blackstone, Enfuce and more.
The merger between Webull and SK Growth Opportunities is due to close in H2 2024.
Raghavan is due to take charge of the group’s investment, corporate and commercial banking unit.
The group’s new investment banking unit will be co-led by Benjamin Samuels and Henry Pinnell.
Barclays says it will use the proceeds of the sale to fund an extension of its US lending activities.
The bank has signed an eight-year agreement with the vendor for SimCorp Dimension.
The seamless fusion of finance and tech to unlock new dimensions of online trading efficiency and intelligence.
Our pick of the top fintech news stories this week includes Monese, Virgin Money, Bank of America and more.
The acquisition will see LPL Financial take ownership of Atria’s seven broker-dealer subsidiaries.
Our pick of the top fintech news stories this week includes Abrdn, Kashable, Synchrony and more.
Our pick of the top fintech news stories this week includes Zilo, Ant Group, FirstOntario and more.
A new cartoon illustrating what’s next for Bitcoin following the approval of spot Bitcoin ETFs in the US.
Yabuki also currently serves as chairman and founding partner of Motive Partners.
WealthCo says the Duco platform has helped it build “volume-agnostic” automated processes.
Crager is due to transition into the role of senior advisor upon his departure from the company’s leadership.
CEO and founder Aaron Schumm says the raise is “one of the largest Series D SaaS rounds in the US this year”.
The group initially paid $175 million for approximately 22% of VettaFi back in January.
Apex says the number of shares to be offered and the price range have not yet been determined.
Delving into the wealth management industry issues, competing priorities, budget, expertise and culture – now and in the future.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
This latest investment brings Pontera’s total funding to date to $160 million.
The deal also includes Mexican brokerage house Vifaru Casa de Bolsa, which Flink agreed to purchase in 2022.
The cuts were first reported by Fortune, but the total number of employees impacted is currently unknown.
FinTech Futures speaks with the founders of 3AI to discuss how AI technology can transform investing strategies.
The company’s acquisition by its senior executives is expected to be completed this month.