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Tag: Robo-Advisory

Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment

Deal Overview:Goldman Sachs is selling its digital investment advisory unit, Marcus Invest, to robo-advisor Betterment. The agreement...

Metrobank in the Philippines taps Temenos for its wealth management tech

Metropolitan Bank and Trust Company (Metrobank), based in the Philippines, has partnered with Swiss banking solutions vendor Temenos...

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...

Geely Group buys out Saxo Bank stake in joint fintech venture

Denmark's Saxo Bank has completed the sale of its stake in Saxo Geely Tech Holding A/S (Saxo Fintech) to...

OTPP snaps up Caledonia Investments’ majority stake in wealth management firm 7IM for £255m

Caledonia Investments has sold its majority stake in Seven Investment Management (7IM) to Ontario Teachers’ Pension Plan (OTPP) for...

Deutsche Bank reportedly makes contact with digital investment fintech Scalable Capital

Deutsche Bank is in early-stage talks with Scalable Capital, a digital investment and broker platform, for a potential investment...

Digital banking tech provider Backbase acquires wealthtech Nucoro

Digital banking tech provider Backbase has acquired UK-based digital wealth platform Nucoro for an undisclosed amount. Backbase plans to...