The London-based leading fund manager Chrysalis Investments has reportedly picked up a £75 million stake in Smart, a retirement savings platform. As per a report by Sky News, Chrysalis will announce the funding on Monday. Chrysallis has backed fintech companies such as Klarna, Starling Bank,… Read More
Australia’s commission-free brokerage app Stake has acquired $30 million in capital from Tiger Global and partners of DST Global in order to support the firm’s expansion into European markets. Stake provides retail investors with access to over 4,400 US stocks and exchange-traded-fund (ETFs), along with… Read More
TrueLayer and Stake have formed a partnership to speed up the transfer of money in the brokerage market. Customers of Stake, a brokerage app, can now use “Payments Initiation” to transfer money to quickly make investments. The arrangement is said to be one of the… Read More
Stake, an Australian-based commission-free trading app for stocks and ETFs, has officially launched its services in the UK. This news comes just weeks after Stake announced its UK beta operations. As previously reported, Stake claims it democratizes global share markets to bring the “world’s largest… Read More
Australia-based digital brokerage platform Stake announced this week it has officially launched its UK beta operations. Founded in 2017, Stake claims it democratizes global share markets to bring the “world’s largest and most dynamic” market to the rest of the world. “We believe brokerage is… Read More
Finablr, a global platform for payments and foreign exchange solutions, announced on Monday it has increased its stake in Swych, a digital gifting platform, with a follow-on Series B investment to become a majority shareholder. Finablr reported that through its stake it will leverage its network’s leadership and… Read More
Berkshire Hathaway, a multinational conglomerate holding company that was founded by American business magnate, investor, speaker and philanthropist Warren Buffett, is reportedly set to buy a small stake in One97 Communications Ltd, the parent of mobile wallet service provider Paytm. According to India’s media outlet… Read More
Travelers, a U.S.-based insurance firm, has reportedly acquired a major stake in Canadian insurtech startup Zensurance. Founded in 2016, Zensurance claims it is leading the technology revolution in the insurance industry. The company, which uses data and analytics to identify most common risks, is able to… Read More
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