Managers of Wealth Fintech

How does Chocolate Finance's situation reflect trends in Asia's fintech market?

Chocolate Finance's recent experience reflects several critical trends currently shaping the fintech landscape in Asia.

Almond FinTech Expands FX Service Offerings To Corporate Clients

Bringing AI-driven cross-border technology to the commercial sector

Bringing digital innovation & entrepreneurship to SME banking

Advanced data analytics and automation also ensure tailored, efficient, and accessible solutions, helping SME clients save time and focus on growth.

Wealth apps fail meeting investor expectations

Experts warn bad UX and weak security erode client trust.

Hargreaves Lansdown extends free electronic voting service to US and Canadian stocks, giving 1.9m retail investors a greater voice

The electronic service, which has been available for UK and EU equities since January 2023

Vanquis Banking Group taps FinScan to enhance AML processes

The UK-based group aims to leverage FinScan’s AML technology to strengthen its financial crime risk management.

Ares Management Joins Allfunds Private Partners Programme to Expand Distribution of Wealth Channel Products

By joining the APP programme, Ares will harness Allfunds’ technology and extensive distribution network to offer its wealth solutions to a broader and more diversified global base of individual investors.

Robinhood moves into wealth management and private banking

Stock trading app Robinhood continues to build out its product suite, adding wealth management and private banking services, as well as an AI investment tool.

IncredibleBank selects Alloy for digital account opening tech

This includes a reported 88% drop in application review times and a 90% decrease in manual reviews.

Why Startups are Investing in Fintech App Development Company for Competitive Advantage

For these businesses, embedded finance functionality is a must-have and it is also provided with fintech app development services.

US AI fintech Sympera AI secures $10m seed funding

The Sympera AI platform uses AI agents to analyze data and assist relationship managers in identifying business opportunities.

Rain raises $24.5m, plots global expansion with new Visa partnership

In addition, Galaxy Ventures, Goldcrest, Hard Yaka and Thayer also participated as new investors.

Rain raises $24.5m, plots global expansion with new Visa partnership

Rain CEO says the firm will "invest in our stablecoin authorisation and settlement infrastructure".

AutoRek opens New York HQ

AutoRek is bringing its innovative reconciliation technology to firms struggling with legacy systems, rising transaction volumes, and regulatory complexity.

Chocolate Finance Processes S$500 Million in Withdrawals, Seeks Return to Normal

The changes led to frustration among users and a surge in withdrawal requests, which prompted the company to suspend its instant withdrawal feature on 10 March.

Finastra Europe Corporate Banking Day Highlights the Importance of Digitization and AI Amid Industry Changes

The event, which attracted senior executives across the banking, technology and sustainability sectors, was sponsored by Microsoft and Tech Mahindra.

Proxymity and State Street expand digital proxy voting to Germany

This migration marks another significant step for the custodian bank’s continued phased transition to Proxymity’s platform.

Swedish fintech firm Klarna files for $15b New York IPO

This move has raised optimism for a revival of fintech IPOs, which have significantly declined in recent years.

Saudi fintech firm Nayla Finance raises $4m seed funding

The company plans to enhance its data-driven lending platform and scale its operations by forming partnerships in key sectors such as food and beverage, ecommerce, and retail.

Kraken bolsters multi-asset strategy with $1.5bn NinjaTrader acquisition

It offers a cloud-based trading platform featuring trade management tools and order flow analysis and currently boasts around 1.8 million users.

Innovation & Startups