Managers of Wealth Fintech

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

TILLIT adds five new funds to platform

The TILLIT Investment Committee has confirmed and onboarded five new funds to the TILLIT Universe.

Asset management reporting SaaS Instinct Digital closes £5M Series A

Rising efficiency pressures coupled with new regulatory demands pose additional challenges for asset managers when it comes to reporting.

Sygnum launches Connect 24/7 Multi-Asset Instant Settlement Network

Sygnum Connect fills the current industry gap for a complete solution that delivers the capital efficiency, on-demand liquidity

Challenger bank Griffin certified as B Corporation following “rigorous verification process”

This development comes after it secured a full UK banking licence from the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) in March

Canoe Intelligence bags $36m Series C led by Goldman Sachs

Founded in 2017, Canoe currently services over 325 institutional investors, capital allocators, wealth managers and asset-servicing firms with its cloud-based alternative investments platform.

Key takeaways from the INREV North American Conference 2024

Every market has been affected by the current shifting investment landscape rippling across the globe.

Why is tokenisation of trade finance transformative for investors?

Standard Chartered and Synpulse paper explains why digital assets are critical to addressing financing requirements of companies

AutoRek and J.P. Morgan Payments Partner on Insurance Company Receivables

The solution helps these firms enhance their cash allocation, matching and credit control.

Netevia secures up to $120m in debt financing from WhiteHorse Capital

The company says the new funding “consists of various debt facilities designated to complete key acquisitions, rollout new products and execute on strategic initiatives”.

Alternative Investments