Managers of Wealth Fintech

Facebook changes name to Meta as it refocuses on virtual reality

CEO Mark Zuckerberg said the new name reflected its work investing in the metaverse, rather than its namesake social media service, which will continue to be called Facebook

South Africa's Stitch raises $2m; moves into Nigeria

Stitch will initially offer a seamless, tokenized pay-by-bank product to help businesses and fintechs in Nigeria improve their user experience, eliminate fraud and reduce fees associated with other payment methods.

Indonesian financial regulator releases blueprint for digital banking

By defining a set of guidelines for digital banks, the OJK is attempting to make online financial services competitive and safer for consumers.

How Brazil’s Nubank became a $30bn fintech

Proposed New York listing of online lender and darling of country’s booming start-up scene will bring greater scrutiny

Visa invests in card tech startup Deserve

In June, Mastercard co-led a $50 million Series D funding round for the startup with Mission Holdings and Ally Ventures.

World Bank Provides $150M for Governance and Digital Economy Project

The World Bank justifies the measure with the fact that “60% of the Mozambican population does not have official civil identification (identity card).”

Deutsche Bank and HSBC Asset Management join funding round in Taina Technology

The latest funding round proves the quality and robustness of TAINA's solution

BofA Launches Account Validation To Assist Clients With Fraud Prevention

Solution Supports Corporate and Public Sector Clients Making Payments In The U.S.

UBS Starts Digital Wealth Bank in U.S. to Rival Wall Street

UBS currently has about 2 million customers in the U.S. that it calls workplace wealth clients -- people with large pension funds and stock options -- and plans to use the new digital wealth manager to do more business with those clients as well as captur

BofA CEO on future of banking: 'We're clearly a technology company'

In total, BofA's consumer customers have transacted about $2.8 trillion for the year-to-date through October, with this sum up 20% over the same period in 2020, Moynihan said.

Nomura and Komainu launch digital custody service in Japan

Komainu is registered in Guernsey and in April this year raised $25 million in a Series A funding round led by British billionaire Alan Howard.

Moneyfarm launches socially responsible portfolios

Moneyfarm has created seven sustainable ETF portfolios with a low, tiered monthly management fee

BIS and Bank of Italy announce winners of G20 green TechSprint

The G20 TechSprint 2021 initiative engaged innovators worldwide to take up global and complex challenges in data collection, analysis of climate-related risks, and better connecting projects and investors.

DriveWealth Teams Up With Financial Education App

Mobile investing app aims to level economic playing field through financial education

The Benefits Of Building A SaaS Startup

With this in mind, it’s interesting to explore the reason why SaaS startups are so highly sought after in the startup investment sphere.

Groww's valuation hits $3 bn as start-up raises $251 mn in Series E round

ICONIQ Growth leads $251-mn fundraise in start-up which has over 20 mn users

Infosys Finacle rated leader in Digital Banking Engagement Solutions

Rating is for both digital banking engagement platforms and engagement hubs

Investments in Saudi fintech sector rises to $347mln

Fintech Saudi said the number of fintech companies in the kingdom had risen by 37%

How Africa can ride the growing wave of climate tech investment

Despite this gold rush, however, activity is yet to echo through Africa.

Capital markets report: UK continues to shine as fintech hub, Europe leads on sustainable finance

The increases observed may be influenced by the extraordinary conditions of the past year, public support programmes and other factors

Innovation & Startups