Managers of Wealth Fintech

iCapital to Acquire Reporting Platform Mirador

The acquisition expands iCapital’s data management and reporting capabilities.

NewRetirement completes $20m funding round

The majority of Americans – as many as 65%, per Charles Schwab’s Modern Wealth Survey 2023 – have no formal financial plan.

Best-Performing Fund Brands Globally According to the 2024 Broadridge Fund Brand 50 Report

U.S. Fund Brand 50

US investment management platform FundGuard bags $100m Series C funding

The firm says it utilises AI and cloud-native tech “to modernise and streamline investment accounting operations and workflows”.

GSS secures $47m to help banks with sanctions screening

As part of its investment in GSS, CBA will join the company’s main board as an observer.

Fintech stocks PayPal, Block rising ahead of the close

Company said it was robustly cash flow positive, Julie, in 2023, expects the same in 2024.

SmartSearch taps LSEG Risk Intelligence data base

Fraser Mitchell, technical director at SmartSearch, said: “Individuals who reside internationally are often perceived as higher risk, and yet regularly have the weakest level of verification.

CQG unveils machine learning toolkit for predicting futures market moves

Following extensive machine learning (ML) training in a back-testing environment, the firm just started applying the technology to live data

Cullen Capital Management LLC Selects SEI’s Advisors’ Inner Circle Fund Trust to Launch First Active ETF

Active ETF Trend Provides Growth Opportunity for Asset Managers

Murex, Alveo Partner to Provide Comprehensive, Data-driven IMS Solution

The new agreement offers managed data services to Murex buy-side customers as part of the MX.3 for Investment Management solution.

Team8 secures $500m to propel startups in Cyber, FinTech, and AI industries

To date, Team8’s innovative model has resulted in the creation of 20 companies and investments

Iress extends relationship with In Partnership through Xplan Mortgage and The Exchange

Iress’ relationship with In Partnership spans nearly 20 years,

Citi Ventures invests in bank-to-bank loan marketplace Capstack

Citi's investment, the size of which has not been disclosed, comes after a $6 million funding round last year for Miami-based Capstack.

Fintech trio develop services to bridge advice gap

The FCA, through consumer duty and subsequent actions, consultations, and statements, has put real consumers at the heart of its thinking and future plans.

Flow Digital launched in Jersey

As businesses continue to navigate the complexities of the digital age, Flow’s objective is to deliver innovative digital solutions to make scaling online operations accessible to all businesses regardless of size.

Nigerian FinTech Mamamoni secures €250,000 to empower low-income women

Specifically, it aims to expand Mamamoni’s network of female agents, thereby enhancing financial inclusion across Nigeria.

UK insurer BHSF selects Sapiens to assist their digital transformation

The deployment of these offerings in the cloud, hosted by Microsoft Azure, ensures enhanced agility and speed of change for BHSF.

AJ Bell launches ‘Tech Zone’ hub for advisers

Following last year’s announcement of the abolition of the LTA, many advisers will want to be able to reassure their clients of the best ways to plan for their future.

Revolut introduces robo-advisor service in the Republic of Ireland

The app is designed to be a one-stop solution for users’ financial needs, making it easier to manage money in a fast-paced digital world.

Wealthtime launches notification centre to save advisers time

Trackers for transfers and secure messages are also planned to be added to the notification centre.

Alternative Investments