Tagged: investments

January 6, 2022 @ 10:44 pm By Omar Faridi  |  

Stephanie Leung, Group Deputy CEO at Southeast Asia’s StashAway, a digital wealth manager, notes that the COVID-19 outbreak has accelerated three key trends: a new inflation regime, China’s economic recovery, and the Fourth Industrial Revolution. According to Leung’s observations, the Coronavirus pandemic has continued to… Read More

November 26, 2021 @ 11:11 am By Omar Faridi  |  

The National Bank of Kuwait has introduced Weyay, which is reportedly the Middle Eastern country’s first completely digital bank (will focus on serving younger clients). At present, the Fintech and virtual banking app is in beta testing and has been introduced at the pre-registration stage…. Read More

August 11, 2021 @ 12:03 pm By Omar Faridi  |  

Lithuania-based Debitum, a borderless financial platform, is pleased to report that their new product on the market “Easy Invest“ has officially been launched. With this new product, Debitum offers investors the same tools that professional investors have been using for a long time – “a… Read More

August 7, 2021 @ 8:08 am By Omar Faridi  |  

The team at UK-based Sourced Capital, the home of property-backed peer to peer investing, notes that when you’re deciding to invest into property, selecting the appropriate location is a good place to begin, and the type of property investment strategy that Sourced Capital’s Borrowers choose… Read More

August 3, 2021 @ 6:00 pm By Tony Zerucha  |  

New research with 100 leading hedge fund managers reveals widespread enthusiasm for quant strategies, SIGTech COO Andrew Little said. Collectively, the hedge fund managers surveyed manage over $231 billion in AUM across European, Asian and North American markets. Eighty per cent expect institutional investors to… Read More

July 18, 2021 @ 9:53 pm By Omar Faridi  |  

The team at Lithuania-based financing platform Debitum recently published their platform statistics update for June 2021. As noted in a blog post by Debitum, the month of June was a relatively calm or quiet month for the platform. However, their team continued working hard to… Read More

July 1, 2021 @ 8:10 am By Omar Faridi  |  

The team at Lithuania-based financing platform Debitum notes that raising funds for SMEs can be quite a challenging and stressful experience. Until only recently, the choice had been between the different types of loans provided mainly by traditional banking institutions, which involve tedious application processes… Read More

June 17, 2021 @ 12:29 am By Omar Faridi  |  

Frank Rotman, who claims to be a 27+ year Fintech veteran and the Co-founder of QED Investors, notes that small businesses are quite important to our communities. Rotman points out that minority-owned small businesses do not have equal access to capital and the appropriate tools…. Read More

June 13, 2021 @ 6:17 pm By Omar Faridi  |  

The team at Lithuania’s Debitum, which offers borderless SME financing services, notes that another month has passed and they would like to provide a platform update for May 2021. Debitum’s management writes in a blog post that they’re pleased to report the positive sentiments in the… Read More

June 9, 2021 @ 8:28 am By Omar Faridi  |  

Germany-based Scalable Capital, a neo-broker and digital wealth management firm, has reportedly secured over $180 million (appr. €150 million) through a Series E round that was led by Chinese tech giant Tencent. Scalable Capital‘s latest investment round included contributions from existing shareholders. The company has… Read More

June 1, 2021 @ 11:07 pm By Omar Faridi  |  

Ikigai, an established wealth management and banking app for affluent Millennials, has secured nearly £2 million in capital through a crowdfunding campaign via CrowdCube. The funds raised will be used to accelerate ikigai’s product roadmap and enhance its technology team. The total funds secured equates… Read More

June 1, 2021 @ 7:35 am By Omar Faridi  |  

UK based money app Ziglu, which has been developed by Mark Hipperson, one of the founders of Starling Bank, reveals that it will be introducing an investment product offering that will provide an interest rate of 5% APY. Called Sterling Boost, the product will be… Read More

May 28, 2021 @ 7:40 am By Omar Faridi  |  

The team at UK-based Sourced Capital, the home of property-backed peer to peer investing, notes that diversifying assets in an investment portfolio to address and mitigate the effects of market volatility is a widely-adopted practice. If you are looking to hedge against volatility in equity… Read More

May 20, 2021 @ 10:37 pm By Omar Faridi  |  

IHS Markit (NYSE: INFO), a provider of critical information, analytics and solutions, has partnered with CloudAttribution in order to integrate their performance attribution capabilities into the thinkFolio investment management platform. This latest partnership aims to complement thinkFolio’s business strategy of enhancing flexibility, interoperability and offering… Read More

May 19, 2021 @ 12:38 pm By Omar Faridi  |  

Vise, an AI-enhanced investment management platform, has secured $65 million in capital through a Series C round that was led by Ribbit Capital and also saw participation from  Sequoia Capital. Established in 2016, Vise leverages artificial intelligence to assist financial advisors in preparing highly personalized… Read More

May 15, 2021 @ 3:27 pm By Omar Faridi  |  

Ping An Insurance recently revealed that it has completed the initial close of Ping An Voyager Partners, LP, which is a growth stage venture fund. Approximately $200 million in commitments have now been made toward the planned $475 million target. The deal it intended for… Read More

May 15, 2021 @ 7:05 am By Omar Faridi  |  

UK-based Fintech firm VitraCash recently finalized its pre-seed funding round with £330,000 in capital coming from nearly 1,000 different investors. The company is now planning to introduce its “first-of-its-kind” smart debit card during Q3 2021. As mentioned in an update shared with CI: “With their… Read More

May 13, 2021 @ 9:33 pm By Omar Faridi  |  

California-based Fintech company Wealthfront revealed on Wednesday (May 12, 2021) that marketing executive and entrepreneur Jaleh Bisharat has joined the firm’s Board of Directors. According to a release shared with CI, Bisharat has over 30 years of experience working as a marketing executive at major… Read More

May 5, 2021 @ 8:16 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (May 4, 2021) that digital asset investment products saw… Read More

May 4, 2021 @ 10:27 pm By Omar Faridi  |  

Indonesia-based Bibit.id, a digital investment app provider, has reportedly secured $65 million in capital via a round led by Sequoia Capital India. Bibit’s investment round was also joined by Prosus Ventures, Tencent and Harvard Management Company. Existing investors AC Ventures and East Ventures also took… Read More