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Latest Results from /wealth

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Zocks raises $13.8m for AI-driven financial advisor client intelligence

Zocks, an AI-driven client intelligence platform for financial advisors has raised $13.8 million in a Series A funding round led by Motive Ventures.

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BNY and OpenAI strike deal to develop AI platform

US-based investment bank and global custodian BNY has agreed a deal with OpenAI, the creator of generative AI platform ChatGPT, to help with the development of the bank's proprietary AI platform Eliza.

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Franklin Templeton launches first tokenised fund in Luxembourg

US asset manager Franklin Templeton has launched what it claims is the first fully tokenised investment fund domiciled in Luxembourg.

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Flanks raises €14m to automate wealth management

Barcelona-based wealth management platform Flanks has raised €14 million in an equity round led by Motive Ventures.

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Asia to dominate global fintech market – report

Asia could account for almost half of global fintech transactions by the end of the year as it continues to outpace other regions, according to recently published research.

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Monument Bank partners with Firenze for Lombard lending access

Monument Bank has partnered with Firenze, a fintech offering Lombard lending to wealth managers.

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Ziglu raises £5 million; plans to introduce Ziglu Coin

Ziglu, a UK-based cryptocurrency business that once commanded a $170 million price tag, has raised £5 million at a £45 million valuation.

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EToro files for IPO

Israeli multi-asset investment platform eToro has confirmed a filing for an IPO on Wall Street.

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Nordnet disables app after customers were logged into wrong accounts

Pan-Nordic investment platform Nordnet temporarily shut down its services for four hours on Tuesday after customers reported being able to access other users accounts.

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Datalign raises $9m for AI-powered financial advisory tech

Datalign, an AI platform matching people with financial advisors, has secured a $5 million investment from Link Ventures.

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London fintech startup Brava launches stablecoin management system

Brava, a London-based startup, has gone live with a set-it-and-fogert-it stablecoin management system for streamlined yield generation.

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Emirates NBD's Deniz Ventures, Rasmal Ventures provide Mena securitisation innovation $7.6m boost

The world's first AI-powered securitisation platform, TeamSec, aims to transform the structured finance industry through a securitisation-as-a-service platform.