18 February 2018
visit www.nextgenbanking.co.uk/

Credit Suisse acquires stake in Singapore wealth aggregation startup Canopy

14 December 2017  |  8645 views  |  0 Credit suisse Building 3

Credit Suisse has acquired a ten percent stake in Singaporean digital wealth aggregation platform Canopy.

The Swiss bank participated in a $3.4 million funding round in the firm following a pilot trial earlier this year which saw the startup's data feed embedded in Credit Suisse's digital private banking platform.

Canopy allows clients to aggregate bankable and non-bankable assets across different geographies and asset classes and provides daily valuation updates to ensure that the portfolio and respective analytics remain up to date.

Canopy says it will use the funding to expand into new markets, including Hong Kong and Zurich.

Credit Suisse set up its first Innovation Hub in Singapore in 2014, where a development team alongside several technology companies worked together to develop the initial prototype of the bank's global digital private banking suite that was first launched in Singapore in March 2015.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Big data and software robots crunch compliance costs for Credit Suisse

Big data and software robots crunch compliance costs for Credit Suisse

01 December 2017  |  17057 views  |  0 comments | 14 tweets | 36 linkedin
Credit Suisse acquires majority stake in automated lender Tradeplus24

Credit Suisse acquires majority stake in automated lender Tradeplus24

29 November 2017  |  10413 views  |  1 comments | 4 tweets | 7 linkedin
Credit Suisse fintech fund invests in employee monitoring firm

Credit Suisse fintech fund invests in employee monitoring firm

31 August 2017  |  8772 views  |  0 comments | 3 tweets | 1 linkedin
Credit Suisse promises 15-minute online sign-up for new clients

Credit Suisse promises 15-minute online sign-up for new clients

17 July 2017  |  7739 views  |  0 comments | 7 tweets | 17 linkedin
Credit Suisse taps Singaporean startup for wealth aggregation tech

Credit Suisse taps Singaporean startup for wealth aggregation tech

02 March 2017  |  8326 views  |  0 comments | 7 tweets | 6 linkedin
Robo-advisors not ready to replace humans - Credit Suisse exec

Robo-advisors not ready to replace humans - Credit Suisse exec

26 October 2016  |  13809 views  |  6 comments | 20 tweets | 21 linkedin
Credit Suisse takes private banking into the digital age

Credit Suisse takes private banking into the digital age

30 June 2016  |  9706 views  |  0 comments | 11 tweets | 17 linkedin
UBS and Credit Suisse launch fintech accelerator

UBS and Credit Suisse launch fintech accelerator

22 March 2016  |  26808 views  |  1 comments | 49 tweets | 22 linkedin

Related company news

 

Related company information

Credit Suisse

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsVisit https://www.capgemini.comvisit www.nextgenbanking.co.uk

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
10464 views comments | 16 tweets | 11 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8253 views comments | 15 tweets | 41 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
7743 views 10 comments | 21 tweets | 26 linkedin
hands typing furiouslyHow can Blockchain Help with AML KYC
7614 views 3 | 9 tweets | 4 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job