Tagged: investments

Munich’s Scalable Capital Secures $180M via Series E Round led by Chinese Tech Giant Tencent

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

UK Wealthtech ikigai, which Reimagines Investment and Financial Services for Millennials, Secures £1.9M+ via Crowdcube

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

UK’s Money App Ziglu, Created by Starling Bank Co-Founder, to Offer 5% APY Investment Product

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

UK’s P2P Property Backed Investment Platform Sourced Capital Shares Portfolio Diversification Strategies

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

IHS Markit Partners CloudAttribution to Integrate Performance Attribution into thinkFolio Investment Management Solution

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

AI enhanced Investment Management Provider Vise Secures $65M via Series C led by Ribbit Capital, Sequoia Capital

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

Ping An Reports Successfully Completing Initial Close of $200M Fintech and Healthtech Venture Fund

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

UK Fintech VitraCash Secures £330,000 via CrowdCube with Nearly 1,000 Investors, Initial Product Launch Expected in Summer 2021

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

Fintech Wealthfront Appoints Entrepreneur Jaleh Bisharat to its Board of Directors

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

European Digital Asset Manager CoinShares Reports Crypto Investment Products Saw Inflows of $489M in Past Week

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

Indonesia based Bibit, a Digital Investment App Provider, Secures $65M via Round led by Sequoia Capital India

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

Jeremy Welch, Kraken’s Chief Product Officer, Explains how Crypto Democratizes Finance, Gives Users Full Control over their Funds

Many people across the globe are now looking to break away from the “old way of investing,” according to a blog post published by digital asset firm Kraken. The modern investor has charts, real-time news, communities, and even zero-fee trading platforms “guiding their financial decisions… Read More

Wealthsimple Secures $750 Million Through Latest Investment Round; Now Has Post-Money Valuation of $5 Billion

  Canada-based fintech and global digital investing service Wealthsimple announced on Monday it raised CAD$750 million through its latest investment round and now has a post-money valuation of CAD$5 billion. According to Wealthsimple, The round is led by Meritech and Greylock, with participation from DST… Read More

Billionaire Mark Cuban Proposes Setting Up Ethereum Smart Contract to Bet on Cryptos vs Stock Market Performance

Peter Mallouk, President and CEO at Creative Planning, a nationally recognized “leader” in the wealth management community, recently noted that if you purchase a hundred stocks, “odds are most go up.” Mallouk also mentioned that if you buy a hundred cryptocurrencies, “most will go to… Read More

eToro Introduces BitcoinWorldwide, a Thematic Investment Portfolio Featuring PayPal, Nvidia, Canaan, Coinbase

Multi-asset investment platform eToro revealed on April 26, 2021 that it has launched a new thematic portfolio, called BitcoinWorldWide. Based on the firms in the value chain behind Bitcoin, the portfolio is meant to further promote adoption of the leading cryptocurrency. Dani Brinker, eToro’s head… Read More

London’s Moneyfarm, a Wealth Management Fintech, Reveals Q1 2021 Saw Slow Return to Economic Normality

London-based Moneyfarm, a company providing wealth management services “designed around you,” notes that at the end of every quarter, their investors are provided a complete report outlining the performance of their portfolios. Moneyfarm writes in a blog post update that these reports come with comprehensive… Read More

Lithuanian Financing Platform Debitum Reports that Recent Deposits were Not Converting Well into Investments

Lithuania-based Debitum, which offers borderless small business financing, reveals that March 2021 was a “challenging” month for the platform but the team still reportedly managed to achieve several key milestones. Debitum writes in a blog post update that at the end of March 2021, the… Read More

UK Fintech Freetrade Survey Reveals that Brits Struggled with Financial Literacy Questions on ISAs, Retirement Planning

A recent research study has found that a lack of proper financial education has left consumers across the UK a bit confused with how to manage their funds. The study reveals that UK residents may be dealing with detrimental effects on their confidence, mental well-being… Read More

Bitcoin IRA Milestone: Clients Invest More Than $100 Million into Interesting Earning Program in 30 Days

      Bitcoin IRA, a company that allows individuals to invest in cryptocurrency, recently announced that clients have invested more than $100 million into its new interest-earning program, IRA Earn, in just 30 days. According to Bitcoin IRA, the program offers interest rates up to 6%… Read More

UK Fintech Quva Unveils Alternative Investment Platform

Quva, a UK-based fintech that specializes in alternative investments, announced on Monday it has launched its platform with a mission to digitally transfer the way private equity firms, venture capital funds, and angel investment networks currently manage the end-to-end investment process. Founded in 2020, Quva… Read More

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