Managers of Wealth Fintech

Swedish startup lands €56m from big banks to take advantage of 'open banking'

The technology is made possible by so-called open banking legislation that came into force across the UK and Europe last year.

MAS-backed Platinum Analytics to set up FX liquidity platform

In the last quarter of 2018, Platinum Analytics announced it had officially launched its platform in Singapore and is already in progress to onboard its first batch of trial clients.

Southeast Asia's internet needs a light touch

ASEAN must develop common standards and avoid restrictive national rules

Investment Reaches Record Levels at $31bn Whilst M&A Experiences Second Half Cooling

As fintech start-ups mature, the average funding round has doubled in size compared to 2017, with the average venture round in the Asia-Pacific region reaching almost double the global average.

Building a skeleton: Singapore announces an ethical framework for AI development

The framework serves to guide the private sector on the ethical usage of AI solutions.

Tech arm of global banks pushed more work to India in FY18

Citicorp Services India reported revenue of Rs 3,227 crore in FY18, up 22% a year ago.

Investors who believe finance is going digital now have a way to put money on the trend

ARK Investment Management is launching an exchange traded fund to give investors exposure to financial technology.

Ecobank Drives Services With Tech, Innovation

This is affordable and sustainable to our customers, while also ensuring good returns to our shareholders,” he stated.

Goldman Sachs Joins HSBC For $20 Million Bet On Bud’s AI-Powered Bank Accounts

To do so Bud intends to double its 70-person headcount and establish what Maslaveckas calls the “largest team dedicated to Open Banking in the world”.

Banco BNI Europa and NDGIT become partners and accelerate Open Banking in Europe

This cooperation is a milestone for the future development of Open Banking in Europe and for BNI Europa the next logical step in their company's development.

Cross-border testing pilot for innovative firms open to applications

The network was developed following the FCA’s earlier proposal to create a global sandbox.

Lincoln International Hires Bob Lockwood as Managing Director

Enhances the firm's growing Technology, Media & Telecom Group

Knotch Raises $20 Million in Series B Funding to Power Continued Innovation and International Expansion

New investment round, led by NEA, brings Knotch's total funding to $34 Million.

Mizuho makes move on Chinese fintech start-ups

ZDG is a state-owned enterprise wholly-owned by the Beijing Municipal Government.

MetLife Korea Launches Global Innovation Challenge: collab 5.0

MetLife Korea will determine six finalists and pair them with employee champions, who will mentor the finalists to hone their solutions for use in MetLife Korea

Central Bank of Brazil launches virtual assistant service

The initiative is aligned with the Central Bank's policy of using technological innovations to provide better services to the society.

Elyxir: on the implementation of client facing robo-advisors

Elyxir is an internal start-up.

Machine learning conference helps keep SA competitive

"Tech is a way of levelling the playing field - like what happened in Africa with mobile phones."

Barclays Expands Rise New York and Launches Rise Growth Investment Funds

The Accelerator program launched in 2014 and is currently active across New York, London and Tel Aviv with more than 140 companies in its portfolio.

Zafin Raises $17.2 Million in Series B Funding to Accelerate Growth in Financial Services Software Sector

Positioning Zafin to achieve its strategic objectives, the funding will help the company execute on its plan for years to come, while expanding its global market share.

Innovation & Startups