Managers of Wealth Fintech

SEI's Collective Investment Trust Business Surpasses $200 Billion In Net Assets

Growth Reinforces Value of SEI's Comprehensive CIT Trustee Services and Turnkey Operational Platform

FCA review finds weaknesses in some challenger banks’ financial crime controls

Challenger banks aim to compete with traditional high street banks using smarter technology and more up-to-date IT systems.

Yonder now offers a credit card without needing a credit score

All thanks to the wonders of open banking.

European and Candian fintechs buck trend of global funding decline in Q1 2022

Europe and Canada started the year strong amid funding drops across the board, from banking to insurtech, early-stage deals to mega-rounds.

SEI Reports First-Quarter 2022 Financial Results

SEI Investments Company today announced financial results for the first-quarter 2022

Raffles Family Office and Huobi Tech join forces to launch Asia’s first digital assets-based multi-family office

As part of the agreement, Huobi Tech has made a strategic investment in a Raffles FO venture company established to serve as the launchpad for the platform.

TD Recognized by Business Intelligence Group for Excellence in AI Innovation for Second Consecutive Year

The Bank received two Artificial Intelligence Excellence Awards for providing customers with innovative AI-powered experiences

BBVA invests €15 million in Leadwind startup fund

Its objective is to invest in companies based on enabling technologies such as IoT, networks, cloud services, AI or blockchain

Singapore-based fintechs to merge

Focus on powering the future of payments in Asia

African startups drew record $5.2bln in venture capital last year - industry group

African startups raised more in 2021 alone than the preceding seven years combined

Bank of America now selling more digitally than in person - tech budget increases to $3.6 billion

Bank of America delivered a solid set of results and was positive on outlook. Its digital capabilities and investments continue to fuel growth at the bank.

Avaloq goes live with first client in Taiwan

The new rules aim to increase the competitiveness and scale of Taiwan’s private banking industry.

EBRD launches regional accelerator initiative to support development of CEE fintech ecosystem

Fintech startups from across Central and Eastern Europe are invited to apply for this international accelerator programme, the fifth organised by SWG and the second collaboration with the EBRD.

SIX Digital Exchange forms partnership with tokenisation platform daura

As a result, companies on daura will be able to issue digital equity securities seamlessly in SDX's regulated Central Securities Depository (CSD).

Nigerian digital bank Umba raises $15m Series A funding

The firm bills itself as a customer-centric, mobile-first digital bank that increases access to financial tools, including current accounts, bill payments, loans, cashback, P2P payments and bank transfers.

4 Ways to Keep Younger Consumers from Leaving Your Bank for a Fintech

Gen Z and Millennials still express a strong level of trust for banks and credit unions, but trust doesn't lead to loyalty anymore.

How are small businesses using embedded finance?

Traditional banks offer the widest selection of financial products to SMEs, but embedded services are a faster, viable alternative

Derayah Financial CEO says it owns 20% of PIF-backed digital bank D360

With the planned introduction of single-stock futures trading in Saudi Arabia, Al-Shammasi stressed the importance of such a transition in enhancing the capital market.

FAB teams up with IBM to accelerate digital transformation

Collaboration aims to further enhance accessibility of FAB’s digital banking services to its customers

Nigeria’s TeamApt relaunches Moniepoint product as business bank

The startup raised a multi-million US dollar Series B funding round last year as it looks to expand in the aftermath of switching its focus from B2C from B2B

Innovation & Startups