Banking
ICYMI fintech funding round-up: Mundi, Revio, Pontoro and more
Weekly funding round-up by FinTech Futures featuring key funding announcements.
FactsMundi, a New York-based fintech start-up, secures $15 million in Series A-2 funding from...
Banking
Wealth management firm Farther more than doubles valuation following $31m Series B
Farther raises $31 million in Series B funding, valuing the wealth management firm at $131 million, doubling its previous valuation.
FactsRaised $31 million in...
Banking
Raisin appoints former UBS chair Axel Weber as advisor and board member
Berlin-based fintech Raisin appoints Axel Weber, former president of the German Central Bank, as an advisor and board member, amid significant growth and a...
Banking
Deutsche Börse set to take over wealthtech firm SimCorp
Deutsche Börse is set to finalize its €3.9 billion acquisition of SimCorp, a Danish investment management software company, with plans to delist SimCorp from...
Banking
SEC hands $25m penalty to Deutsche Bank subsidiary for AML violations and ESG “misstatements”
The US Securities and Exchange Commission (SEC) imposes a $25 million penalty on DWS Investment Management Americas Inc. (DIMA), a subsidiary of Deutsche Bank,...
Banking
Singapore’s Grab pulls the plug on investment services citing non-viability
Singapore's super-app Grab is discontinuing its retail investment products, GrabInvest, as they are considered financially unviable.
FactsGrab is winding down its retail investment products,...
Banking
MoneyMasters goes live with Profile Software’s Axia Suite for digital wealth management
Jamaican asset management firm MoneyMasters has replaced its in-house wealth management tools with Profile Software's Axia Suite, aiming to enhance its digital offerings and...
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