Managers of Wealth Fintech

Goldman Sachs leads £45m funding round into Nutmeg

Nutmeg is the UK’s largest robo-advice company, with more than 64,000 customers, but is yet to return a profit, registering losses of £12.3m in 2017.

Fidelity Bank promises digital innovations as 13 customers get N16m

The Managing Director of Fidelity Bank, Nnamdi Okonkwo, said the bank’s eighth promo in 11 years, is not all about making money, but to contribute to important national issues of financial inclusion

Appleby Launches Technology and Innovation Guide

To coincide with this launch, Appleby has also developed a dedicated microsite to showcase the latest legal updates, regulatory changes and other developments in the technology sector.

Virtusa's open innovation platform powers open banking sandbox in Middle East

The Open Innovation Platform will provide Emirates NBD access to ready proof of concepts and help transform a concept into working prototypes.

Data provider boosts private fund information via strategic partnership

Users include general partners, limited partners and advisers.

Bain Capital to acquire Brillio

“This is a strong validation of Brillio’s vision and strategy, and our track record of organic and acquisition-driven growth.

Where Law Firms Are Looking to Innovate Next

The application helps partners who manage the process know when deadlines are coming up, and also shows if a matter is running over expected costs.

New S$75 Million Grant To Enhance Singapore's Role As An Enterprise Financing Hub

GEMS will be a three-year initiative to help enterprises seeking to raise capital through Singapore’s equity market.

Global M&A forecast

Global political uncertainty, from trade wars and growing protectionism to Brexit, will continue in 2019

StatPro continues strong progress with acquisitions, partnerships, and new hires

Justin Wheatley, CEO of StatPro, says: “Our 2018 partnership with Broadridge re-affirmed our role as a leader in the performance and risk analytics space.”

Vietnamese Banks Ramp up Fintech Development

These raised just US$3 million in funding in 2017 but strong growth is expected in the years to come. Some of Vietnam’s most notable digital and mobile payment platforms and startups include MoMo, 123Pay, Mobivi, NganLuong, and Payoo.

Investment Association Announces Second Cohort Applications For Fintech Accelerator Velocity

By taking the lead on attracting innovative FinTech firms, we are ensuring that our industry remains globally competitive

Indonesia’s KinerjaPay collects $200m funding

Rio Chandranegara, business development at Wahana Group, adds that while KinerjaPay is one of the “leading digital market players in Indonesia, it is also a US company which trades in the world’s most liquid market in the US”.

Olu Oyinsan Launches $10m Venture Fund for Early Stage Startups in Nigeria

Managing partner and Director of Oui Capital, Olu Oyinsan was until recently a vice president at Ingressive Capital where he pioneered investments.

PPS Joins Plug and Play - Bridging Silicon Valley and South Africa

This partnership increases Plug and Play's exposure in South Africa, a region with a wealth of untapped opportunities.

Central Bank of Kuwait modernizes Technology Platform

TCS BaNCS is unique in its functional range across core banking, Payments, Treasury, Bonds settlement and Clearing capabilities, consolidating a range of services into a single solution.

Dubai Financial Services Authority welcomes new sandbox cohort

A great variety of applications was received from firms wanting to be part of this latest cohort, launched in November 2018.

RBS buys stake in technology start-up

The bank is aiming to take on new digital-only challenger banks.

DFSA regulatory accepts seven new firms to apply for an Innovation Testing Licence

The Innovation Testing Licence forms part of the DFSA’s commitment to support innovation and the development of financial technology.

Police warn of 63pc rise in ‘SIM swapping’ scams that allow hackers to clear out your bank account

The scam uses a well-known flaw in mobile phone networks which allows fraudsters to swap or “port” a phone number to a new SIM card or phone network.

Innovation & Startups