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Latest Results from /wealth

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JP Morgan, Morningstar and Broadridge invest in Tifin

The Tifin Group, an umbrella group operating a host of fintech companies in the asset and wealth management industry, has raised $22.3 million in a Series B funding round joined by JP Morgan Asset Management, Morningstar and Broadridge.

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DBS rolls out AI-powered investment advisory feature

Singapore's DBS has added a feature to its AI-powered financial and retirement planning tool that provides retail customers with investment recommendations tailored to their profiles.

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Swiss digital private bank startup Alpian raises $18m

Alpian, a digital-first private bank aimed at Switzerland's mass affluent market, has raised US$18 million in a Series B funding round

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Allfunds to list on Euronext Amsterdam

Allfunds, the UK-based B2B WealthTech platform, is to list on the Euronext Amsterdam stock exchange.

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FNZ goes live with blockchain-based fund admin system

Wealth management platform FNZ has begun the roll out of ChainClear, its blockchain-based fund trading and settlement system, to the South African funds market.

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Santander launches savings and investment calculator

The UK arm of Santander has added a free savings and investment calculator to its website to help customers compare the potential returns on their money.

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BlockFi raises $350m at $3bn valuation

Cryptocurrency player BlockFi has hit a $3 billion valuation off the back of a $350 million Series D funding round led by Bain Capital Ventures, partners of DST Global, Pomp Investments, and Tiger Global.

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Morgan Stanley and Soros join $200m round for bitcoin firm NYDIG

Morgan Stanley and Soros Investment Fund have joined a $200 million growth capital round for NYDIG, the cryptocurrency technology firm at the centre of Wall Street's recent embrace of bitcoin.

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M1 Finance raises $75m

M1 Finance has raised $75 million in a Series D funding round for its "super app" offering automated investing, borrowing and banking products.

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WeLab moves into WealthTech space on Allianz investment

Hong Kong fintech WeLab is to expand into the wealth management market after securing a $75 million funding round led by the venture arm of German conglomerate Allianz X.

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Invesco to consolidate technology offerings under a single brand

Invesco is to consolidate five disparate software businesses acquired over the past few years into a single financial advisory technology unit, Intelliflo.

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Betterment acquires rival WealthSimple's US business

Digital wealth platform Betterment has acquired the US book of rival Canadian robo advisor WealthSimple.