Tagged: nutmeg

September 21, 2021 @ 6:27 pm By JD Alois  |  

As was previously reported, JP Morgan (NYSE:JPM) launched its digital bank in the UK today. Chase, the largest consumer bank in the US, is now available in digital form for UK consumers. According to a company statement, users may go to chase.co.uk, and register and… Read More

June 18, 2021 @ 11:44 am By JD Alois  |  

Yesterday it was reported that Nutmeg, a digital investment manager operating in the UK, had been acquired by JP Morgan (NYSE:JPM). The Fintech had already partnered with the bank and JPM apparently decided to utilize Nutmeg’s tech as a step to launch a digital-only bank,… Read More

June 17, 2021 @ 3:44 pm By JD Alois  |  

Earlier today in a blog post, Robo-advisor Nutmeg announced that it was being acquired by JP Morgan (NYSE:JPM). Nutmeg has emerged as the leading digital wealth manager in the UK with over 140,000 customers enabling smaller investors a sophisticated portfolio of investment options including ISAs,… Read More

December 10, 2020 @ 8:08 am By JD Alois  |  

Nutmeg, a Wealthtech that claims to be the largest wealth manager in the UK, has taken advantage of a relatively new feature offered by the iOS ecosystem.  Nutmeg states that it is the first wealth manager to offer widgets in their App. In iOS 14,… Read More

December 3, 2020 @ 8:04 am By Samantha Hurst  |  

  Digital bank Starling Bank announced on Thursday it has welcomed Nutmeg, a UK-based digital wealth manager, to its Marketplace.  Starling reported that the new service will help its personal and sole tracker consumers connect their banking to their investment accounts and pensions. “Starling customers with… Read More

November 18, 2020 @ 1:57 pm By Samantha Hurst  |  

UK-based fintech firm Nutmeg announced on Wednesday it has joined forces with JP Morgan Asset Management to launch Smart Alpha portfolios. Nutmeg reported that Smart Alpha portfolios are underpinned by the duo’s shared commitment to sustainable investing.  “Today, Nutmeg and J.P. Morgan Asset Management have joined forces to create a truly pioneering product that… Read More

November 14, 2019 @ 8:28 am By Omar Faridi  |  

New York-based investment bank Goldman Sachs’ consumer banking division, Marcus, is reportedly expanding its operations to include investment-related services in the UK. Marcus is introducing a new stock trading and ISA vehicle, which will be supported by digital wealth manager Nutmeg. The ISA will be… Read More

June 23, 2019 @ 10:21 pm By Samantha Hurst  |  

Less than a week after launching its equity crowdfunding campaign on Crowdcube, UK fintech Nutmeg has successfully secured more than £4 million from nearly 2,000 investors. The funding round originally sought to raise £1 million, with Nutmeg offering 1.59% equity at a £251 million pre-money… Read More

June 20, 2019 @ 9:52 pm By Samantha Hurst  |  

UK-based fintech firm Nutmeg has launched an equity crowdfunding campaign on Crowdcube. The funding round quickly secured its £1 million funding target and has now nearing £2.6 million from over 1000 investors. Nutmeg claims to be the UK’s first online “discretionary investment management company.” The… Read More

March 27, 2019 @ 7:55 am By Samantha Hurst  |  

UK-based fintech firm Nutmeg announced on Wednesday it is planning to launch a crowdfunding round this upcoming summer through equity crowdfunding platform, Crowdcube. This news comes just a couple of months after the company secured £45 million through its latest funding round, which was led… Read More

January 22, 2019 @ 4:15 pm By Samantha Hurst  |  

UK-based fintech firm Nutmeg announced on Tuesday it secured £45 million through its latest funding round, which was led by Goldman Sachs and Convoy, which is an existing investor of the company. As previously reported, Nutmeg is described as the UK’s first online “discretionary investment management company.”… Read More

July 12, 2017 @ 5:18 pm By JD Alois  |  

Seedrs is one of the largest equity crowdfunding platforms in the UK and thus the world. It is the first regulated crowdfunding platform in the UK but trailed Crowdcube by a few months in its official launch. While starting as a small, early stage funding… Read More

July 10, 2017 @ 8:16 am By JD Alois  |  

Seedrs has announced that it will be the sole equity finance provider in a new partnership with Fidor Bank, a challenger bank that launched in the UK back in 2015. Nutmeg, an online wealth manager, will also be joining Seedrs on Fidor’s new marketplace. The two platforms… Read More

June 7, 2017 @ 12:10 pm By Therese Torris  |  

Big consultancies, such as PwC, Cap Gemini, KPMG, Deloitte and Accenture, research and analyze fintech developments to support the digital transformation of their banking customers. They promote this work through well-crafted free reports and white papers. The latest of such reports was published by Julian… Read More

March 31, 2017 @ 7:44 am By Cole Lyons  |  

An additional 33 companies have registered for the UK’s Women in Finance Charter, the ground-breaking piece of legislature aimed to conquer gender inequality. This announcement arrives on the very first anniversary of the charter, which now includes 122 firms, over half a million people in… Read More

December 23, 2016 @ 1:08 pm By JD Alois  |  

Fintech firm Nutmeg is raising money fast. Last month (November), Nutmeg announced it had closed on £30 million Series C led by Convoy Global Holdings in Hong Kong. This week Nutmeg has revealed an additional cash injection of £12 million – this time Taipei Fubon Bank… Read More

November 14, 2016 @ 4:01 pm By Samantha Hurst  |  

On Monday, UK-based fintech firm Nutmeg announced it secured 30 million during a Series C funding, which was led by Hong Kong independent finance advisers firm, Convoy Global Holdings. Other participants included existing investors such as Schroders, Balderton Capital, Pentech Ventures, Armada Investment Group, and… Read More

March 15, 2016 @ 9:11 am By Therese Torris  |  

Will fintech startups cause the demise of banks or come to their rescue? This was one of the topics debated at The “Future of Banking” event held by The Economist in Paris on March 10th 2016. The Future of Banking was aptly subtitled “Survival of… Read More

September 15, 2015 @ 10:27 am By Erin Hobey  |  

Silicon Valley can’t compete with London in terms of Fintech, says UK Treasury special Fintech envoy Eileen Burbidge: “Wall Street Talent doesn’t come to Silicon Valley.” UK Treasury special Fintech envoy and partner at tech VC Passion Capital, Eileen Burbidge took the stage at Fintech Week and discussed… Read More

July 21, 2015 @ 12:55 pm By Erin Hobey  |  

Fintech company Revolut has raised £1.5m in a funding round led by leading tech VC house Balderton Capital, reported TechWorld’s Sam Shead. Funding will be used to launch the business’ money transfer app on iOS and Android. Revolut’s technology allows people to transfer money through a… Read More