Investment products

232 articles tagged with this keyword

/startups

Israeli fintech Pagaya plans to enter Wall Street at $8 billion

Having registered revenues reflecting $300 million annually for the first three months of 2021, Israel-based startup Pagaya is allegedly planning to enter Wall Street at $8 billion, as well as execute a traditional IPO.

/regulation

Shearman & Sterling: 'Remove the straitjacket of statutory rules' for UK fintech

During a panel for UK Fintech Week 2021, Barnabas Reynolds, global head of financial services group, Shearman & Sterling emphasised that to build trust in the system and allow space for fintech innovation, that the focus of supervisory systems should be on risk and not unnecessary code or control.

/payments

EBAday 2021: VC investment fuelled European fintech throughout 2020

While total investment across EMEA dropped from $61.5 billion in 2019 to $14.4 billion in 2020, VC investment remained robust, propelling the region to an annual record high of $9.3 billion. Europe saw the majority of the region’s VC investment with $4.8 billion flowing directly into European fintechs throughout the year.

/inclusion

Why a cookie-cutter approach to VC and funding hinders diversity

During the ‘Women in FinTech: Reshaping the Industry’ session at Citi’s Digital Money Symposium 2021, the panel tackled thorny issues surrounding securing funding to startups founded by females and those from minority backgrounds.

/regulation

The Kalifa Review’s five-point plan to bolster UK Fintech

The long awaited Kalifa Review of UK Fintech has been released, outlining a comprehensive plan to support and bolster the sector’s significant presence across the globe. Led by Ron Kalifa OBE, the in-depth review was launched almost a year ago as a component of Rishi Sunak’s first budget.

/wealth

InvestCloud accelerates past $1bn valuation

InvestCloud has completed a recapitalisation that values the wealth platform at $1 billion. As part of the deal, two additional businesses are being rolled into InvestCloud, immediately pushing the valuation of the combined business up over $2 billion.

/sustainable

Davos 2021: Carney on net-zero – ‘If you’re not in, you’re out’

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

/predictions

Group Head of Sustainable Business at LSEG gives his predictions for 2021

David Harris, Group Head Sustainable Business, London Stock Exchange Group, considers the impact of the new US administration, COP26, regulation, standards, and data on Sustainable Finance in 2021.

/sustainable

AFME: ‘Financial materiality is not sustainable finance’s end goal’

In conversation with Richard Peers for Finextra TV, Tonia Plakhotniuk, associate director, policy (sustainable finance & financial reporting) at the Association for Financial Markets in Europe (AFME) traverses a number of predications we can expect to see around sustainable finance in 2021.

/regulation

Gleif plans digital service

The body responsible for managing the implementation of the Legal Entity Identifier (LEI) has announced plans to develop a digital version that can be rolled out across multiple sectors beyond the financial services market.

/wealth

DBS to set up digital exchange for institutional investors

DBS today announced that it will set up a digital exchange, enabling Institutional Investors and Accredited Investors to tap into a fully integrated tokenisation, trading and custody ecosystem for digital assets.

/sustainable

Sustainable Finance Live: Building actionable ESGtech strategies with a partnership ecosystem

Finextra Research and Responsible Risk hosted Sustainable Finance Live this week, the third workshop in a series of events encouraging collaboration in the ESGtech space.

/wealth

SimCorp and IntelliBonds plan AI-based fixed income project

SimCorp, a leading provider of integrated, front-to-back, multi-asset investment management solutions and services to the world’s largest buy-side institutions, today announces a new collaboration with AI fintech, IntelliBonds, to deliver clients access to AI innovation, enhanced portfolio construction and optimization for fixed income portfolios.

/crypto

Northern Trust and StanChart partner for crypto custody service

Asset servicer Northern Trust and Standard Chartered have sought to capitalise on the growing demand for cryptocurrency services by jointly developing a digital custody service aimed at institutional investors.

/retail

StanChart completes blockchain bond project in Philippines

A blockchain proof of concept for the digital issuance of retail bonds in the Philippines has been successfully completed by Standard Chartered.

/people

London Stock Exchange names new CEO

A former director at the UK's financial regulator has been appointed as the chief executive of the London Stock Exchange (LSE).

/markets

Morningstar appoints Carne as ACD for new multi-asset fund range

Carne Group, the leading digitally driven industry platform to the Global Asset Management Industry, today announced that Morningstar has appointed Carne Global Fund Managers (UK) Ltd as the ACD for its new range of multi-asset funds.

/wholesale

Paysera makes move into physical trading of gold

Paysera LT has started trading gold.

/security

Bank of England admits failings in security breach

The Bank of England (BoE) has conceded that it could have moved more quickly to identify a security breach that allowed hedge funds to gain unauthorised access to press briefings and hear about sensitive market information ahead of their rivals.