Latest Investment products News: Finextra Research

Company update/crypto

Crypto exchange Gemini launches in UK

Gemini today announced it is expanding fully into the United Kingdom (UK), providing individuals and institutions with simple, reliable, and secure cryptocurrency exchange and custody services in pounds sterling (GBP).

24 September 2020

Company update/covid-19

Calastone expands SE Asia presence

Calastone, the largest global funds network, today announced it has further expanded its footprint in Southeast Asia.

24 September 2020

News/startups

UK's Tech Nation announces latest fintech cohort

Thirty one UK scaleups have been selected to participate in the third cohort of Tech Nation's fintech programme.

23 September 2020

Company update/wealth

Singapore digital wealth manager raises $18.6m

Syfe, the Singapore-based digital wealth manager, today announced that it has successfully closed a SG$25.2 million (US$18.6 million) Series A funding round led by Valar Ventures, one of the world’s leading VC funds for high potential fintech companies.

23 September 2020

Company update/wealth

Crypto ETP provider recruits new COO

21Shares AG, the pioneering issuer of Exchange Traded Products (ETPs) with cryptocurrencies as underlying assets, has added to its executive team with the appointment of Lucy Reynolds as Chief Operating Officer.

22 September 2020

Company update/wealth

Wealth manager 7IM launches new platform

7IM has significantly enhanced its platform with the launch of a series of updates and enhancements to further improve the user experience.

22 September 2020

News/crypto

Investors to increase allocation to crypto assets

The growing number of startups offering crypto investment services will be buoyed by news that institutional investors are set to increase the amount of capital they spend on crypto assets.

22 September 2020

News/startups

Exabel closes $3.6m funding round

A startup that offers AI analytics to asset managers has raised $3.6m in its third funding round bringing the total capital raised to more than $12m.

21 September 2020

Company update/people

Vontobel hires fintech boss to lead digital expansion

The investment manager Vontobel, which ranks as one of the leading and most innovative Swiss providers of digital investment solutions for European investors with its digital platforms such as ‘derinet’ and ‘Volt’, has hired the financial markets and fintech expert Toby Triebel.

21 September 2020

Company update/wholesale

TrustQuay completes four new tech deals

TrustQuay, the leading technology provider to the corporate services, trust and fund administration markets, has today announced the signing of 4 new agreements with clients in Switzerland, Cyprus and Mauritius, as new research shows the majority of the industry expects the impact of COVID-19 to be short term.

21 September 2020

News/wealth

Franklin Templeton targets millennials with digital WM platform

Global asset manager Franklin Templeton has set its sights on penetrating the millennial investment market by recruiting a fintech from the gaming sector to help it build a digital wealth management platform.

14 September 2020

News/sustainable

Maths for ESG: How one calculation could ignite climate action

A cluster of ESG driven minds are honing a risk-weighting methodology for banks to implement across climate-exposed assets.

09 September 2020

News/crypto

DBS: Central banks 'troubled and intrigued' by expansion in digital currency

DBS describes the growth of digital currency as both fascinating and daunting in a new research paper, 'Digital Currencies: Public and Private, Present and Future'.

17 August 2020

News/payments

Viva Wallet seeks €500 million fundraising – Reuters

Greek payments firm Viva Wallet has hired investment bank Jeffries to advise on the €500 million fundraising just weeks after officially acquiring Praxia Bank’s banking license.

17 August 2020

News/sustainable

AFME: Support banks in reducing investment in high carbon emitting sectors, don’t punish them

In light of the European Commission’s call for comment on the Renewed Sustainable Finance Strategy, the Association for Financial Markets in Europe (AFME) posited that the cornerstone of future policies should be transition in the real economy – non-financial sectors – and banks should encourage and support them to reflect on uptake, effectiveness and identify issues and gaps in their current approach.

05 August 2020

News/wholesale

Malaysian exchange trials blockchain bond platform

Bursa Malaysia is developing a proof-of-concept (POC) for a blockchain-based bond trading venue.

30 July 2020

Company update/security

RFA launches managed data services

RFA, the leader in the Cloud and Cyber Security technology and digital transformation, today announced the launch of its Managed Data Services.

30 July 2020

News/wealth

eToro makes acquisition ahead of debit card launch

Online investment platform eToro has furthered its preparations for the launch of its first debit card by acquiring UK-based e-money platform Marq Millions.

29 July 2020

Company update/wealth

Indian fintech Niyo acquires Goalwise

In a bid to expand its product offering to the millennials, Niyo, India's leading digital banking fintech start-up, has acquired Goalwise, a new-age mutual funds investment platform.

28 July 2020

Company update/wholesale

Temenos using AI for fund administration

Temenos (SIX: TEMN), the banking software company, today announced that it’s the first to launch a SaaS Explainable AI (XAI) model to help fund administrators, insurers and asset managers and custodians improve operational efficiency by leveraging static and transactional data patterns, coupled with human judgement and expertise.

28 July 2020