Tagged: private banking

July 20, 2023 @ 11:02 pm By Omar Faridi  |  

Nordea has entered into an agreement with Danske Bank to acquire its Norwegian personal customer and private banking business and associated asset management portfolios. The acquisition is an ideal strategic fit “for Nordea and will strengthen Nordea’s market position in Norway among household customers.” The… Read More

July 14, 2022 @ 12:18 pm By JD Alois  |  

RIDE Capital has raised €3 million tobe come a digital privat3e bank. The funding was led by Lea-Sophie Cramer, Verena Pausder, and angel investor and professional football player Mario Götze.  RIDE reports that it has raised a total of €8 million since its foundation. RIDE… Read More

May 31, 2022 @ 8:05 am By Omar Faridi  |  

CaixaBank has established OpenWealth, which is a new, “independent” and global advisory service for the bank’s UHNW clients. As a subsidiary fully-owned by the CaixaBank Group, Open Wealth will “provide this service to customers with assets amounting to over €50 million.” OpenWealth will “provide a… Read More

May 20, 2022 @ 4:58 pm By Omar Faridi  |  

Temenos (SIX: TEMN), the Cloud banking platform, recently announced that Mirabaud, the Swiss private bank, has selected Temenos “to move from a traditional on-premise system to a digital end-to-end wealth management platform on Temenos Banking Cloud.” With the generational transfer of wealth, new regulations and… Read More

February 25, 2022 @ 4:52 pm By Tony Zerucha  |  

Finary, a French fintech that allows its users to track all of their assets on a single platform, this week announced an €8 million Series A round which was supported by Speedinvest and Y Combinator Founder and CEO Mounir Laggoune said Finary’s mission began last… Read More

September 15, 2021 @ 3:03 pm By Tony Zerucha  |  

Russian fintech Tinkoff has launched Tinkoff Private, a new offering geared to affluent customers. It is a digital private banking service combining a range of actions for the HNWI segment that is now available in the Tinkoff and Tinkoff Investments apps. Tinkoff Private creates a… Read More

April 9, 2021 @ 9:40 am By JD Alois  |  

Alpian SA, a digital bank targeting the “mass affluent” has raised a Series B round of $18 million (CHF16.9 million). This latest funding round follows a Series A round in 2020 where Alpian raised CHF12.2 million. Alpian has been incubated by the Swiss banking group… Read More

May 10, 2020 @ 9:02 pm By Omar Faridi  |  

Switzerland-based UBS Group AG (SWX: UBSG), a global investment bank and financial services firm with around $1 trillion in assets, recently confirmed that it is planning to launch a digital banking platform that would reduce operational costs and stimulate growth. However, UBS said its plan… Read More

May 6, 2020 @ 7:13 am By Omar Faridi  |  

  Switzerland-based firm Alpian has secured CHF 12.2 million (appr. $12.54 million) through a Series A investment round. The funds raised will be used to establish a digital-first private bank, which will cater to the nation’s affluent market. As noted in a company release: “Independent… Read More