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Latest Results from /wealth

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Fintech pioneers unite to build bank for high net worth individuals

A group of well-known fintech pioneers behind the likes of Monzo, Starling and Nutmeg are launching a bank for high net worth individuals.

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FCA’s targeted support proposal sparks debate on advice boundaries and consumer access

The UK's Financial Conduct Authority (FCA) has released rules for targeted support, which would allow organisations to provide guidance to specific consumers on financial products that would best suit them.

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Wealthsimple buys investment research platform Fey

Canada's Wealthsimple has acquired investment research platform Fey. Financial terms of the deal were not disclosed.

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Carlyle to buy intelliflo for up to $200m

Investment firm Carlyle has agreed to buy intelliflo, a cloud-based practice management software for independent financial advisors in the UK, from Invesco in a deal worth up to $200 million.

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Turkish investment app Midas raises $80m

Istanbul-based retail investing startup Midas has raised $80 million in Series B funding led by QED Investors.

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Robinhood UK rolls out AI investing assistant to decode market movements

Robinhood is rolling out an AI-powered investing assistant to help UK users interpret and navigate market movements.

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Bullish shares more than double in NYSE debut

Investor confidence in the cryptocurrency sector was punctuated after Bullish was valued at $13.16 billion last week, setting the pace for other digital asset firms looking to list in the US.

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UK retail investors favour index trackers - Investment Association

Investment Association (IA) data reveals that index trackers attracted £1.1 billion in inflows in June 2025 marking a strong continuation of momentum for passive investing, particularly in equity exposures across Europe and North America.

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Cinven makes majority investment in Objectway

Private equity firm Cinven has made a majority investment in Italian wealth management technology provider ObjectWay. Terms of the transaction were not disclosed.

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Spend management startup Stavtar secures $55m funding boost

Stavtar Solutions, a US-based startup with a SaaS platform for expense allocations and spend management, has completed a series A funding round worth $55m

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Asset manager associations join international blockchain initiative

The respective trade associations for the UK and Singapore's asset management industries have signed up to Project Guardian, a cross-border initiative led by the Monetary Authority of Singapore and designed to promote use-cases for blockchain.

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Brazil's QI Tech hunts acquisitions after $63m raise

Brazilian financial infrastructure fintech QI Tech has raised $63 million in a Series B extension funding led by General Atlantic.