ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Companies such as HeavyFinance in Lithuania are combining fintech with sustainable agricultural practices.
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The company’s acquisition by its senior executives is expected to be completed this month.
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The latest cash injection brings Arch’s total funding to date to over $25 million.
The bank will deploy FusionIQ’s cloud-native Digital Advice platform.
SimCorp and Axioma are both subsidiaries of the Deutsche Börse Group.
Varela previously spent more than 16 years at Credit Suisse in a number of senior tech-focused positions.
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ERI says the move will position Olympic as “the primary core banking platform in a multi-entity set-up” at Proven.
FinTech Futures was named the winner in the Best Innovative Integrated Digital Media Platform category.
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The ABN Amro Ventures (AAV) fund is comprised of 15 early-stage companies and has €150m in AUM.
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The New York-based firm intends to invest the funding into its wealth management portal and talent.
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MoneyMasters intends to leverage the partnership to expand its services within the Caribbean region.
ThinkPortal app is a new multi-functional mobile app for traders.
Caledonia Investments bought 7IM in September 2015 for around £100 million.
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The move is part of the bank’s continued shift to focus on serving ultra-high-net-worth individuals.
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Launched in 2020, Commonstock is backed by investors including Coatue, QED and Floodgate.
The deal is expected to close on 31 August.
The SEC says the fine should serve as “a warning for all advisers to ensure compliance”.
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Irfan Hussain joins LSEG from Goldman Sachs, where he has worked since 1995.
The integration is also set to extend to Naga’s e-payments solution, Naga Pay.
MarketAxess aims to accelerate the development of quantitative execution algorithms for fixed-income products.
David Robert Baxendale and Edward John Macnamara have been appointed as joint administrators.
According to an FCA filing, Jordan Sinclair has been appointed as UK chief executive for Robinhood.
The announcement follows JFS’s recent demerger from Reliance Industries.
The integration seeks to provide wealth managers with the tools needed to boost their digital transformation.