Tagged: wealth management

August 26, 2021 @ 7:44 pm By Omar Faridi  |  

SIMON Markets LLC, a Fintech firm transforming the digital wealth management sector via its  platform for financial professionals, reveals that it has teamed up with NYDIG—a tech and financial services company “dedicated” to Bitcoin—in order to launch “first-to-market” Bitcoin education “designed for wealth managers, and… Read More

August 16, 2021 @ 6:34 pm By Omar Faridi  |  

HSBC Holdings plc (NYSE: HSBC), a British multinational investment bank and financial services holding company, reveals that it has committed to an agreement to acquire 100% of AXA Insurance issued share capital in Singapore for $575 million. The goal or aim of this transaction is… Read More

August 6, 2021 @ 6:32 pm By Omar Faridi  |  

SIMON Markets LLC, a Fintech firm transforming the digital wealth management ecosystem for financial professionals through its alternative investment solutions, has shared its volume and usage highlights “underscoring its continued growth during Q2 2021.” SIMON reports YoY increases in “revenue of +103%, volume of +137%,… Read More

August 6, 2021 @ 5:24 pm By Omar Faridi  |  

Trulioo, a global identity verification firm, reveals that it has teamed up with three wealth management companies in order to assist them with meeting compliance requirements and will be helping them with verifying their clients. As mentioned in a release shared with CI: “Through the… Read More

July 30, 2021 @ 7:25 pm By Omar Faridi  |  

Addepar, a U.S.-based wealth manager with $2.5 trillion of assets on its platform, had secured $150 million in capital in June of this year. Addepar‘s management recently revealed that they’re planning to further expand business operations outside the US. The company confirmed that it’s hiring… Read More

July 30, 2021 @ 6:07 pm By Omar Faridi  |  

InvestorEQ, the powerful behavioral finance tool at the core of Pascal’s integrated digital wealth management platform, is currently available as a “standalone” tool for financial advisors. Powered by Syntoniq, global leaders in behavioral science, InvestorEQ leverages “scientifically validated” psychometric modules in order to assist financial… Read More

July 29, 2021 @ 12:23 pm By Omar Faridi  |  

68% of wealth management customers in the post-COVID world are expecting a fully digital onboarding experience, according to an update from OneSpan, a company specializing in digital identity and anti-fraud solutions that “create exceptional and secure experiences.” OneSpan, which supports risk-based adaptive authentication and digital… Read More

July 23, 2021 @ 5:21 pm By Omar Faridi  |  

InvestCloud, a global Fintech company that designs and creates financial software for established banks, wealth managers and asset managers, has been chosen by BNP Paribas Wealth Management to offer Client Relationship Management (CRM) and Client Lifecycle Management (CLM) services for onboarding and “nurturing” high-net-worth (HNWI)… Read More

July 23, 2021 @ 12:01 pm By Omar Faridi  |  

SIMON Markets LLC, a Fintech firm that aims to transform the digital wealth management landscape vita its platform for financial professionals, and which makes risk-managed and alternative investment solutions “broadly available,” has finalized the “first leg” of a strategic round of “up to” $100 million… Read More

July 22, 2021 @ 8:50 am By Omar Faridi  |  

LGT, a global private banking and asset management group that is owned by the Princely House of Liechtenstein, has reportedly decided to acquire a minority stake in Germany’s digital wealth manager LIQID. As noted by its management: “LIQID is a digital wealth manager that offers… Read More

July 21, 2021 @ 7:39 am By Omar Faridi  |  

After the formation of SIX SIS USA Inc. and with the launch of its US-based office, SIX has decided to a take strategic step forward in its global expansion plan. As a trusted Financial Market Infrastructure currently operating the Central Securities Depository (CSD) in Switzerland… Read More

July 17, 2021 @ 10:34 am By Omar Faridi  |  

The team at YIELD App, the developers of a fast-growing wealth management platform for digital assets, has published their second progress report – which reveals that users for their app have doubled while assets have increased by 3x since the last update. The YIELD App… Read More

July 16, 2021 @ 1:37 pm By Omar Faridi  |  

Munnypot Ltd confirms that it has teamed up with Cairngorm Capital Partners LLP and has acquired Whitefoord LLP, in order to introduce Verso Wealth Management, which is a wealth management group offering financial advice and investment management that’s supported by an all-digital platform. Cairngorm Capital… Read More

July 15, 2021 @ 8:36 pm By Omar Faridi  |  

Singapore-based Syfe, a digital or online wealth management company, has secured SGD 40 million through a Series B round. Syfe‘s investment round has been led by US-headquartered Valar Ventures, the VC fund co-founded by Peter Thiel, which led Syfe’s Series A round and was the… Read More

July 12, 2021 @ 11:59 am By Omar Faridi  |  

YIELD App, the decentralized finance (DeFi) wealth management platform that’s focused on combining the best of traditional and digital finance, is pleased to confirm that they have launched a Bitcoin Fund, enabling users to earn “high-interest” returns on the world’s leading cryptocurrency, Bitcoin (BTC). As… Read More

July 8, 2021 @ 1:50 am By Omar Faridi  |  

ikigai, the very first UK app to combine everyday banking and wealth management services, has decided to offer Apple Pay, a safe, secure and private way to make payments. Apple Pay helps clients maintain privacy and control by not requiring them to hand over their… Read More

July 3, 2021 @ 2:17 pm By Omar Faridi  |  

The St.Gallen-headquartered wealthtech company Kaspar& reveals that it has managed to secure a seat in the second stage of Switzerland’s startup accelerator program, Venture Kick. The company’s management states: “We want to take care of your financial life. That’s why Kaspar& is designed to provide… Read More

July 2, 2021 @ 5:35 pm By Omar Faridi  |  

Sound Income Strategies, a registered investment advisory (RIA) company with over $1.4 billion in AUM, has integrated RedBlack, an intelliflo solution, which is a wealth management sector provider of rebalancing and trading applications. Sound Income Strategies was established by David J. Scranton (CLU, ChFC, CFP®,… Read More

July 2, 2021 @ 4:50 pm By Omar Faridi  |  

The team at Addepar, a leading asset manager, recently had a detailed discussion with Ruchir Swarup, CTO at the company. Ruchir Swarup is currently responsible for leading the tech teams that have made Addepar the “platform of choice” for wealth management companies. Addepar offers efficient… Read More

July 2, 2021 @ 10:15 am By Omar Faridi  |  

JPMorgan (NYSE:JPM) has reportedly decided to acquire OpenInvest, which is a provider of ESG tools for the wealth management sector. Supported by investments from VC firm Andreessen Horowitz, Y Combinator, QED, and others, OpenInvest was established back in 2015 with a special focus on assisting… Read More