Tagged: investing

October 18, 2024 @ 11:41 am By Omar Faridi  |  

DriveWealth, a financial tech platform offering Brokerage-as-a-Service, has recently announced its end-to-end integration with multiple execution management system (EMS) platforms, including Bloomberg EMSX, LSEG Autex and TRAFiX. With these integrations, institutional broker-dealers are able to connect with DriveWealth’s platform and benefit from streamlined trade booking,… Read More

October 17, 2024 @ 8:27 am By Omar Faridi  |  

Digital bank N26 announced recently that it has further strengthened its offer in 12 new markets with the launch of Stocks as well as ETFs trading. With the rollout of N26 Stocks and ETFs, clients residing in Belgium, Denmark, Estonia, Finland, Greece, Latvia, Lithuania, Norway, Poland, Portugal,… Read More

October 4, 2024 @ 1:42 pm By Omar Faridi  |  

iCapital, the platform driving access to alternative investments, and Bridge Investment Group (NYSE: BRDG), an alternative asset manager, announced the enhancement of Bridge’s Investor Portal, which is reportedly being powered by iCapital, and enables investors to access performance reporting for all products. The Investor Portal… Read More

October 3, 2024 @ 11:10 am By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), a “one-stop shop” for digital financial services that helps members borrow, save, spend, invest and protect their money, and PrimaryBid Technologies Inc., a capital markets fintech firm, announced the launch of DSP2.0, a Directed Share Platform (DSP) that offers a… Read More

October 1, 2024 @ 5:22 pm By Omar Faridi  |  

Business lending provider NovaLend, which is focused on supporting small businesses in Poland, has reportedly joined PeerBerry with an 8% annual return on investing in business loans secured by a buyback guarantee. According to the update shared by European investment platform PeerBerry, the lender’s loan… Read More

September 27, 2024 @ 2:25 pm By Omar Faridi  |  

eToro, the trading and investing platform, has entered into an agreement to acquire the Australian investing app Spaceship in a deal worth up to $80 million AUD. The acquisition will strengthen eToro’s footprint in “a key market for the business while also broadening its product… Read More

September 24, 2024 @ 5:52 pm By JD Alois  |  

Digital bank bunq has launched stock trading. Based in the Netherlands, bunq holds a full banking license and regulated by the Dutch Central Bank. While announcing trading, bunq is now reporting over 14.5 million users. According to a company statement, bunq is currently providing a curated… Read More

September 24, 2024 @ 8:07 am By Omar Faridi  |  

Revolut is reportedly introducing a standalone app based on its wealth management offering as Europe’s leading Fintech aims to challenge major competitors like Robinhood as well as Etoro in the retail investor sector. The Revolut Invest app will provide over 4,000 financial instruments, including from… Read More

September 11, 2024 @ 12:59 pm By Omar Faridi  |  

UltraDinero from Mexico has started to offer loans on PeerBerry. Aventus Group lender UltraDinero from Mexico starts “offering short-term loans on the PeerBerry platform.” Mexican loans are backed with a buyback and “a group guarantee and will generate a 9% annual return to PeerBerry investors.”… Read More

September 8, 2024 @ 10:11 pm By Omar Faridi  |  

Estateguru has introduced Smarter Investing, its new investment portal. The investment landscape is constantly evolving, and at Estateguru, they believe in “staying ahead of the curve.” And so, they are unveiling the beta version of their new Investment Portal. As noted in a blog post by… Read More

September 3, 2024 @ 6:28 am By Omar Faridi  |  

The Bondora Group has shared their comprehensive 2023 Financial Results. They are pleased to report Bondora Group’s 2023 financial results, “with the greatest highlight being their seventh consecutive year of profitability.” Last year was a prosperous chapter in their financial journey, showcasing “what’s possible when… Read More

August 25, 2024 @ 10:09 am By Omar Faridi  |  

Alpaca’s local currency trading API now supports limit, stop, and stop limit for both nominal and fractional order types. Additionally, Local Currency Trading now reportedly “offers extended hours trading to further open financial services to everyone on the planet.” Local Currency Trading API enables businesses… Read More

July 24, 2024 @ 6:15 am By Omar Faridi  |  

American retail investors are significantly more likely to ignore ESG (environmental, social & governance) factors than consider them when investing, according to data from the latest Retail Investor Beat (RIB) from trading and investing platform eToro. In a study of 1,000 American retail investors, just… Read More

July 23, 2024 @ 11:32 pm By Omar Faridi  |  

At Superstate, they reportedly develop sophisticated investment solutions for institutional investors, aligning with their mission to modernize the investing landscape. By leveraging blockchain technology’s speed, programmability, and compliance advantages, Superstate reportedly create tokenized products “that meet the evolving demands of the financial sector.” Superstate has… Read More

July 23, 2024 @ 10:39 pm By Omar Faridi  |  

Truvius, the company powering systematic investing for digital assets, launched today with $3.2M in funding led by Galaxy Ventures. Truvius’ digital asset investment platform and products deliver institutional quality, transparent sophistication, and “a fiduciary focus for institutions and high-net-worth investors.” The company’s funding also included… Read More

July 16, 2024 @ 6:06 pm By Omar Faridi  |  

Acorns, the savings and investing app for everyday Americans, has announced a key product update. In a note shared with CI, Acorns mentioned that Later Match is “a recently launched feature that offers a 3% and 1% IRA match on new contributions for people using… Read More

July 15, 2024 @ 4:26 pm By Omar Faridi  |  

One of the key metrics for consumer investment apps is reducing the time to trade once an account is opened, according to an update from Alpaca. However, slow funding can be “a big friction for this engagement,” Alpaca noted in a blog post. To provide… Read More

July 8, 2024 @ 9:37 am By Omar Faridi  |  

PeerBerry’s portfolio grew to €114.16 million last month (from €113.12 million at the end of May) further ensuring their investors a higher invested amount, a larger share of which was invested in longer-term loans. The loan supply on the PeerBerry platform was slightly “lower in… Read More

July 2, 2024 @ 9:04 am By Omar Faridi  |  

Investment platform Robo.cash reporting steady activity for the month of June. In a blog post, Robocash release the latest figures for the online investing platform. For the month of June 2024, Robocash reports over €20 million invested, more than 240 new investors joining the platform,… Read More

June 23, 2024 @ 11:57 pm By Omar Faridi  |  

Estateguru, which is currently facing significant operational challenges, has shared their latest loan portfolio overview for May 2024. In May, although Estateguru says it experienced “a temporary dip in repayments, recoveries, and funded amounts, there were several positive developments.” Estateguru reveals that they “secured a… Read More