Tagged: wealthtech

Wealthtech Farther Announces $31M Series B Led by Lightspeed Venture Partners

Farther – the technology-centric wealth management firm – announced the  closure of its oversubscribed Series B, securing $31 million in investments for the round. This development has propelled the firm’s valuation to $131 million, “marking a 2.5x increase compared to its previous valuation – all… Read More

UK Fintech Vega Secures Funding to Enhance Wealth Management Services

Vega, a UK-based wealthtech platform set up by a team of former executives from hedge funds, private equity firms, and fintech scale-ups, has launched with over $8 million in equity investment from venture capital firms and angel investors. Alexis Augier, founder and CEO of Vega,… Read More

Nada, a Wealthtech Platform, Is Focused on Unlocking $20T Home Equity Market for Homeowners and Investors

Nada, a wealthtech platform, says that it is focused on unlocking the $20T home equity market for homeowners & investors. This wealthtech platform has raised $8M+ from VCs and around 3k+ individuals (LiveOak, Revolution, Capital Factory). This platform released “Cityfunds,” which is described as “the… Read More

Wealthtech Addepar Introduces Risk Management Framework with Suggestions to Help Investors Manage Cash, Meet Liquidity Needs

The Addepar platform has shared updates, research insights and client, partner and company developments. In August, Addepar made their Help Center more accessible by “bringing it in-app and introduced group automation to simplify and streamline group management.” Addepar released new research “on manager selection in… Read More

AUM Across Alternative Asset Classes Increased at CAGR of 10.7% from 2015 to 2021, According to Insights from Addepar

The team at Addepar recently held a discussion with Three Bridge Wealth Advisors and Navigator’s Rajiv Sharma. Recently, Addepar sat down with the co-founders of Three Bridge Wealth Advisors, Brett Sharkey and Eric Thurber, and product lead for Navigator, Rajiv Sharma, in order “to glean… Read More

Wealthtech Firm Endowus Raises $35 Million, Adds Asian Billionaires to List of Investors

Wealthech Endowus has raised $35 million in funding, with multiple prominent investors participating in the round. Citi Ventures and MUFG Innovation partners, along with “four of Asia’s wealthiest families,” backed the firm, according to a company release. Existing investors that participated include UBS Next, Singapore’s… Read More

Wealthtech Addepar Report: Investor Sentiment Suggests Further Increases in Activity During H2 2023

Inside Addepar, a recap of key Addepar platform updates, research insights and client, partner and company developments, has shared that in July 2023, the firm introduced new product enhancements, which include “scheduling for daily reports and customizable charts in Navigator.” The Addepar Research team published… Read More

Digital Wealth Manager Yield App CEO Says that “All Signs” Point to a Bitcoin and Crypto Bull Market

Tim Frost, CEO of digital wealth platform Yield App, says that recent price stability in bitcoin combined with a number of positive macro and regulatory signals mean the stage could be set for crypto’s next bull market. Tim Frost, CEO of digital wealth platform Yield… Read More

Wealthtech Addepar Research: Successful Cash Managers Regularly Refresh Strategies to Current Market Conditions

Wealthtech firm Addepar has shared key updates, research insights and commented on client, partner and company developments. This past month, Addepar is highlighting “enhanced chart customization capabilities to uplevel reports, as well as the beta release of our in-app import tool to more efficiently bring… Read More

Embedded Finance: Investing as a Service Provider Velexa Garners Recognition

Embedded finance platform Velexa has garnered recognition from CBS News – not typically known for its activity in the Fintech sector. Velexa is a newer platform that enables clients to embed investing services within weeks. CBS has recognized Velexa as an Innovation & Disruption Leader…. Read More

Wealthtech: Gemini to Support Crypto Wealth Technology Products With Shrimpy Advisory, Hedgehog

At Gemini, they claim to provide a seamless onramp “to the world of crypto for individuals, institutions, and businesses of all sizes.” Gemini‘s core products, the Gemini Exchange and Gemini Custody, “can be easily integrated with startups seeking a secure and compliant way to offer… Read More

BlackRock, Avaloq to Provide Tech Solutions, Addressing Needs of Wealth Managers

Avaloq, a subsidiary of NEC Corporation, and BlackRock, through its Aladdin Wealth business, have formed a strategic partnership aimed at enhancing their investment technology solutions for wealth managers and private banks. As part of the strategic partnership, BlackRock is making “a minority investment in Avaloq.”… Read More

Wealthtech Firm GBST Appoints Global Head of Product Innovation to Drive Tech Transformation

Global Wealthtech company GBST has appointed Simon Clare as Head of Product Innovation. In this newly created global role, Simon will “take responsibility for GBST’s innovation program, leading the charge in defining and shaping the company’s visionary strategy including its flagship Composer wealth administration platform,… Read More

Open Banking, Crypto Transfers: Yield App Enhances Digital Assets Accessibility with Volt Real-Time Payments

Digital wealth platform Yield App has partnered with Volt, the global real-time payments gateway, in order “to offer additional GBP and EUR on-ramps via FPS and SEPA Instant.” Yield App customers “can now buy cryptocurrency in real time directly with their bank, thanks to the… Read More

Wealthtech Addepar Research to Improve Investment Decisions that Can Enhance Performance

The Addepar Research team leverages the power of Addepar’s unique, anonymized and aggregated data set “to help investors make smarter decisions, offer better advice and improve portfolio performance.” Research reports and insights are available to Addepar clients – leading firms in the investment and wealth… Read More

Wealthtech: Orion Advisor Technology Live with ChatGPT Integration

Orion Advisor Solutions, the provider of transformative wealthtech solutions designed to power advisors and win for investors, went live with a ChatGPT-3.5 series integration with Redtail Speak, the compliant, real-time communication platform for financial advisors offered through Redtail Technology. First mentioned in February at Orion’s… Read More

Wealthtech Firm Addepar Introduces New Security Features, Integrations

Wealthtech firm Addepar has shared their monthly update of activity on their platform along with research insights and client, partner and company developments. Addepar is introducing a visualized ownership structure along with a Global Security Master Entity Name attribute that “enables users to see total… Read More

Digital Wealth Management Firm for HNWIs, Farther, Reports Steady AuM Growth

Wealthtech firm, Farther, has reported assets under management (AUM) of $675 million – representing “nearly 5x year-over-year growth – continuing the firm’s rise since its establishment in 2019.” Founded by Taylor Matthews and Brad Genser, Farther is “a digital wealth management firm that provides a… Read More

Wealthtech Addepar Introduces Test and Development Environment, Sandbox

Wealthtech Addepar recently shared key platform developments, research insights and client, partner and company updates. As noted in a blog post, Addepar Navigator continues “to generate interest from their clients as a tool for managing liquidity for portfolios with significant investments in private capital assets.”… Read More

Wealthtech Addepar Expands to India with Pune Office

With their continued growth and drive to serve clients globally, Addepar is opening a new office in Pune, India. Establishing a presence in India will enable Addepar to increase their investments in research and development (R&D) and support “an increasingly global client base.” This expansion… Read More

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