Tagged: financial management

May 19, 2021 @ 12:38 pm By Omar Faridi  |  

Vise, an AI-enhanced investment management platform, has secured $65 million in capital through a Series C round that was led by Ribbit Capital and also saw participation from  Sequoia Capital. Established in 2016, Vise leverages artificial intelligence to assist financial advisors in preparing highly personalized… Read More

May 11, 2021 @ 10:17 pm By Omar Faridi  |  

InvestCloud, a global Fintech company serving large banks, wealth management platforms and fund managers, revealed that it has launched its Wealth Advisor Platform by Mitsubishi UFJ Financial Group (MUFG), which is the largest bank in Japan and also one of the world’s largest financial institutions… Read More

May 7, 2021 @ 9:00 am By Omar Faridi  |  

Research from Buy Now Pay Later (BNPL) service provider, Clearpay, reveals that Gen Z and Millennials may have been hit the hardest by the COVID-19 crisis, however, they’re the most financially savvy generation in the United Kingdom. Around 68% of Gen Z and 61% of… Read More

May 4, 2021 @ 3:42 pm By Samantha Hurst  |  

  HoneyBook, a U.S.-based financial management platform for independent service-based businesses, announced on Tuesday it raised $155 million through its Series D funding round, which was led by Durable Capital Partners with participation from Tiger Global Management, Battery Ventures, Zeev Ventures, 01 Advisors, Norwest Ventures… Read More

April 29, 2021 @ 7:17 pm By Omar Faridi  |  

California-based Fintech firm Wealthfront revealed on Wednesday (April 28, 2021) that it’s now offering new features for its investment portfolios that will allow its clients to make investments in a wider range of “carefully-vetted” exchange-traded-funds or ETFs and Socially Responsible Investing (SRI) options. According to… Read More

April 25, 2021 @ 8:21 pm By Omar Faridi  |  

London-based Moneyfarm, a company providing wealth management services “designed around you,” notes that at the end of every quarter, their investors are provided a complete report outlining the performance of their portfolios. Moneyfarm writes in a blog post update that these reports come with comprehensive… Read More

April 24, 2021 @ 11:37 pm By Omar Faridi  |  

A recent research study has found that a lack of proper financial education has left consumers across the UK a bit confused with how to manage their funds. The study reveals that UK residents may be dealing with detrimental effects on their confidence, mental well-being… Read More

April 20, 2021 @ 10:37 pm By Omar Faridi  |  

California-based Fintech firm Wealthfront revealed on Tuesday (April 20, 2021) that it has launched the “final set of features” that make up the first version of Self-Driving Money™. As noted in a release shared with Crowdfund Insider, the firm’s “relentless” focus on automation has led… Read More

April 17, 2021 @ 12:03 pm By Omar Faridi  |  

Swiss wealth management group Julius Baer has introduced its Digital Advisory Suite (DiAS) in Asian markets. The DIAS soluton aims to simplify the regulatory compliance process for relationship managers, allowing them to provide compliant advice to their customers. The suite serves as a “fully-integrated” solution…. Read More

April 14, 2021 @ 11:27 pm By Omar Faridi  |  

Robo-advisory services in Southeast Asian countries like Singapore are increasingly being used for managing finances and investments. Robo advisors were introduced around 2008, which was when the world was dealing with the global financial crisis. Over the years, digital transformation and the emergence of new… Read More

April 10, 2021 @ 1:17 pm By Omar Faridi  |  

Betterment, the largest independent online financial advisor, recently launched an FDIC-insured Joint Checking account with several new features designed to help you and your partner “make the most of your money.” As mentioned in a note shared with CI, Betterment’s Joint Checking account is “for… Read More

April 2, 2021 @ 2:24 pm By Omar Faridi  |  

Wealth management tech platform Addepar published a blog post on March 31, 2021, noting that it was Women’s History Month, when they look forward to celebrating the impressive accomplishments of women in “every avenue of business, government and our communities.” At Addepar, they feel privileged… Read More

March 21, 2021 @ 7:02 pm By Omar Faridi  |  

Claire Davidson from banking challenger Branch notes that during the past year, healthcare workers have had to deal with both mental and physical challenges “like none other.” This may have included risking their own lives during the COVID-19 pandemic to mental and emotional stress and… Read More

March 21, 2021 @ 5:33 pm By Omar Faridi  |  

Insurtech firm Lemonade has shared some important information regarding making down payments on properties. Team Lemonade (NYSE:LMND) writes in a blog post that when someone says they are “saving up” for a home, what they’re “really doing is saving up for a down payment.” The… Read More

March 20, 2021 @ 4:41 pm By Omar Faridi  |  

Divvy, a modern payment and expense management platform for businesses, which notably secured $165 million through its Series D funding round, has published a blog post that looks into how small businesses can settle their tax payments. Divvy confirms in its blog post that the… Read More

March 15, 2021 @ 10:10 am By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, recently shared their performance data from the Prosper Portfolio for the month of February 2021. Key highlights from the report are as follows: In February 2021,… Read More

March 14, 2021 @ 3:59 pm By Omar Faridi  |  

Digital banking challenger Revolut confirms that Spring is in the air and it’s “giving us life!” Revolut writes in a blog post that it has been hard at work on its latest updates for clients, and it’s hoping they “put a spring in your step… Read More

March 9, 2021 @ 10:31 pm By Omar Faridi  |  

LendingClub (NYSE:LC) notes that if you’ve been struggling to make ends meet, then you are definitely not alone. Amid the ongoing COVID-19 pandemic, nearly 30 million US residents are still facing unemployment, which has compounded existing struggles for workers who may have been living paycheck-to-paycheck… Read More

March 8, 2021 @ 10:22 pm By Omar Faridi  |  

WeLab, an established Asian Fintech firm, has finalized its Series C-1 $75 million funding round, which was led by Allianz X. Allianz X is the digital investment division of Germany’s Allianz Group, one of the world’s largest insurance service providers and fund managers. Since launching… Read More

March 8, 2021 @ 10:12 pm By Omar Faridi  |  

Egypt’s Fintech firm NowPay, which offers financial wellness solutions, has entered into an MoU with the Export Development Bank of Egypt (EBE). Established in 2019, NowPay has been launched to help reduce workers’ financial stress by improving the key pillars of financial wellness for employees:… Read More