Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Capita takes stake in Munnypot

The award winning, robo-advice investment platform, Munnypot, announced today that it’s entered into a strategic ‘scaling partnership’ with Capita.

01 June 2018

News/robo-advisor

Schroders invests in WeInvest

Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed.

24 May 2018

Company update/robo-advisor

FCA puts robo advisors to the test...and finds them wanting

We identified promoting innovation and competition as cross-sector priorities in our 2017/18 Business Plan. We want financial innovation in our markets to thrive where it delivers good outcomes for customers in terms of value, costs and choice.

23 May 2018

News/robo-advisor

NextGen Banking London - live blog

Welcome to Finextra's live coverage of NextGen Banking London. The event promises to explore what the AI revolution means for banks - and what financial institutions need to do to benefit from AI, and ensure their customers do so as well.

17 May 2018

Company update/robo-advisor

Financial Engines to combine with Edelman following $3 billion buy out

Financial Engines (NASDAQ:FNGN), America’s largest independent investment advisor1, today announced that it has signed a definitive agreement to be acquired by funds affiliated with Hellman & Friedman (“H&F”) in an all-cash transaction that values Financial Engines at an aggregate value of approximately $3.02 billion.

02 May 2018

Company update/robo-advisor

Bambu lands first American client, prepares to open office in London

We would like to announce a new client project based in America that we landed recently.

29 March 2018

Company update/robo-advisor

Singaporean robo-advisor StashAway secures USD $5.3 million in Series A Funding

StashAway, the first robo-adviser to receive a retail license in Singapore, announced today that it has completed a USD $5.3 million (SGD $7.0 million) Series A round of funding.

22 March 2018

Company update/robo-advisor

Wealth managers say keeping up with new tech is top challenge

Building on its commitment to help connect and empower the global financial community by harnessing proprietary data and analytics designed to add greater client value, Thomson Reuters today announced the findings of its Digitalization of Wealth Management report 2018 in collaboration with Forbes Insights.

07 March 2018

Company update/robo-advisor

NZ regulator opens up to robo-advisors

The FMA is now open for applications from providers seeking to offer personalised financial advice to consumers through digital tools and platforms (so-called robo-advice).

22 February 2018

News/robo-advisor

Jyske Bank to launch robo-advisory service using Munnypot platform

UK robo-advisor Munnypot has secured its first white-label deal with Denmark's Jyske Bank.

21 February 2018

Company update/robo-advisor

Wealthsimple raises over £35 million in latest funding round

Wealthsimple, a global digital investing service, has raised £37 million ($65M CAD) investment from the Power Financial group of companies, bringing Power's total investment in the company to £94 million ($165M CAD).

21 February 2018

Company update/robo-advisor

Singapore robo-advisor Connect by Crossbridge introduces Chinese scripts

CONNECT by Crossbridge, Singapore’s first and largest robo-advisor, has celebrated Chinese New Year early with another first – the introduction of Singapore’s first digital advisory platform in Simplified Chinese.

08 February 2018

Company update/robo-advisor

Overstock launches robo-advisor digital investment platform

Overstock.com (NASDAQ: OSTK) announces the launch of a digitally driven investment platform, powered by tZERO Advisors, within the online retailer’s FinanceHub™.

31 January 2018

Company update/robo-advisor

Wealthsimple launches socially responsible investment portfolios

Wealthsimple, a global online investment manager, today announced the launch of Socially Responsible Investing portfolios.

23 January 2018

News/robo-advisor

Morgan Stanley targets millennials with robo-adviser

Morgan Stanley is the latest Wall Street titan to enter the robo-adviser arena, launching a digital platform it hopes will attract the high net worth clients of the future while they are still millennials.

05 December 2017

Company update/robo-advisor

ABN Amro launches digital wealth management unit Prospery in Germany

As of today, retail clients in Germany can use Prospery, a new digital platform that provides a comprehensive view of their current and potential assets, actively manages their investments and offers remote personal coaching at a fixed fee.

05 December 2017

Company update/robo-advisor