Managers of Wealth Fintech

SEI Adds KKR to Alternative Investments Access Platform

Industry Trend for Increased Access to Alternatives Presents Growth Opportunity

AutoRek joins forces with Calastone

The partnership aims to help firms reduce risk and operational inefficiency in their business by providing a seamless, end-to-end reporting and reconciliation solution.

Mortgage tech firm Twenty7tec plots UK expansion and acquisitions with £16.5m BGF investment

The Bournemouth-based fintech says it plans to use the funds to “accelerate its product development roadmap, enhance its technology infrastructure, and explore new market opportunities” alongside an expanded team.

SEI Surpasses $1.5 Trillion in Alternative Assets Under Administration

Our decades-long growth and success reflect our unwavering commitment to delivering expertise, stability, and next-gen solutions to our clients worldwide.

Fido raises $30m to boost financial inclusion in East and Southern Africa

A majority of the population in sub-Saharan Africa are either unbanked or underbanked

BillEase bags undisclosed amount in Series C led by TPG

Nearly 90% of our customers reported an improved ability to manage their finances after using BillEase, and this investment will help us extend that impact to million

Axway Acquires Sopra Banking Software

The firm has officially sealed the deal with core banking software vendor Sopra Banking Software by acquiring the company for $364 million (€330 million).

L&G selects Moneyhub as pension dashboard provider

As a provider leading the way in offering a pensions dashboard, we wanted a forward-looking partner to collaborate with on our ambition.

Redalpine Raises $200 Million For European Technology Fund

The fund, redalpine capital VII (RAC VII) will invest in seed and early-stage technology businesses from across Europe, pursuing a similar strategy to the six previous funds it has launched since 2006.

Capgemini stock target cut by Jefferies, maintains Hold rating

Despite this adjustment, the analyst noted that the current valuation of Capgemini's shares still reflects the anticipated events and developments.

Klarna acquires assets of bankrupt BNPL firm Laybuy

Klarna has acquired the assets of defunct buy now, pay later firm Laybuy in New Zealand.

US fintech Amount lands $30m in fresh funding to advance AI capabilities

The company claims its tech can help financial institutions optimise their customer acquisition

AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock

AMD's shares climbed nearly 3% in premarket trading.

Selina Finance signs five-year mortgage servicing agreement with Phoebus Software

The new partnership announcement comes just a month after it was revealed that Paul Hunt, CEO of Phoebus Software, was stepping down from his role after two decades

Fintech investment continues slow decline

Total global investment in fintech fell from $62.3 billion across 2,287 deals in H2’23 to $51.9 billion across 2,255 deals in H1’24.

Digital asset insurers are in the ‘Goldilocks zone’

There is also an opportunity for re/insurers to fill a capacity gap which is hindering fintech entrepreneurs building their business due to lack of available insurance.

Tuum & ComplyAdvantage team to combat financial risks and crimes

This partnership underscores Tuum’s commitment to providing comprehensive, region-specific solutions

The state of digital adoption in Africa’s private equity landscape

The state of digital adoption in Africa’s private equity is at a pivotal moment.

SIX Swiss Exchange resumes trading following tech breakdown

Trading in equities resumes at 14.30, structured products at 14.45, and bonds at 15.00.

UK money management app Plum raises £16.1m investment

This figure is larger than the £1 million raised through its last crowdfunding campaign in October 2022