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Wealth tech firm Infront acquires Assetmax

Infront AS has entered into an agreement for the acquisition of Assetmax AG. The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe.

/wealth

Kenanga Investment Bank taps Ant Group to launch Malaysia's first wealth SuperApp

Kenanga Investment Bank Berhad (“Kenanga”), Malaysia’s largest independent investment bank, today signed a Memorandum of Understanding (MoU) with Ant Group.

/wealth

UnionBank taps Avaloq for wealth management transformation

UnionBank continues the digital transformation of its wealth management business with the Avaloq Core Platform. This will help the bank to stay ahead of the technology curve as the financial industry continues to digitalize in the pursuit of greater efficiency and innovation.

/wealth

GreenGrowth and Datia partner to make sustainable investments easier for retail investors

Stockholm, Sweden. GreenGrowth Investments, the new sustainable investment app, and Datia, a climate fintech, have partnered to help UK consumers make more sustainable investment choices.

/wealth

SigFig names Amanda LaFerriere chief product officer

SigFig, a leader in enterprise financial technology that develops next-generation products for banks and wealth management firms, today announced the appointment of Amanda LaFerriere, a results-driven product executive, as Chief Product Officer and Clifford Schoeman, a strategic executive with extensive knowledge of wealth management, as Director of Digital Wealth Products.

/wealth

North International Bank moves into banking-as-a-service space with Temenos

Temenos (SIX: TEMN), the world’s leading open platform for composable banking, today announced that North International Bank (NIBank) has gone live with Temenos to digitally transform its retail banking and private wealth business lines.

/wealth

Motive Partners completes sale of Global Shares to JP Morgan

Motive Partners ("Motive"), a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry ("financial technology"), has received the necessary regulatory approvals, and completes the sale of Global Shares to J.P. Morgan. Motive invested in Global Shares in August 2018, acquiring a ~40% stake in the business.

/wealth

ICapital closes Simon Markets acquisition

iCapital, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced it has completed the acquisition of SIMON Markets.

/wealth

Philippines-based Atram signs for additiv wealthtech

ATRAM Trust Corporation (ATRAM), the largest independent asset and wealth manager in the Philippines, today announced that it has signed a strategic partnership with additiv, a leading global wealthtech platform provider.

/wealth

Rabobank taps InvestCloud for digital financial planning

InvestCloud, the global leader in digital transformation for the financial industry, today announced it is supporting Rabobank, one of the Netherlands’ largest banks, to provide digital financial planning for all its customers, from private banking to retail clients.

/wealth

Wombat launches crowdfunding campaign

Fast-growing micro-investing platform Wombat has launched a new crowdfunding campaign ahead of its international expansion.

/wealth

Moneyhub and Pennyworth announce digital banking alliance

Moneyhub, the market-leading Open Data and payments platform, is partnering with Pennyworth, a financial planning and banking app,​​ to redesign digital banking for the aspiring-affluent consumer.

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