Tagged: wealthtech

October 11, 2026 @ 11:00 am By Michael Wong  |  

Banks and other financial institutions are increasingly looking to external providers to upgrade their wealth management and brokerage services, as legacy technology and rising competition complicate efforts to modernise, according to a study commissioned by Saxo. Half of 332 senior decision-makers surveyed across Europe, the… Read More

October 9, 2026 @ 11:53 am By JD Alois  |  

Artificial intelligence portfolio manager Pave Finance says it has extended its Series A round, raising an additional $5 million. The firm shares that the funding round now totals $20 million Pave says it will put the funding to work immediately as it begins hiring more… Read More

October 8, 2026 @ 7:03 am By Omar Faridi  |  

HSBC (NYSE: HSBC) is preparing substantial staff reductions inside its British wealth management operations, according to reports that first appeared in the FT on 7 October 2026. The changes form part of a wider effort to embed artificial intelligence more deeply into how the bank… Read More

October 8, 2026 @ 1:33 am By Omar Faridi  |  

Quebec’s public pension manager is taking a firmer hand at FNZ, the London-based wealth technology group, after losing patience with how the business has been run. According to the FT, which cited four people familiar with the matter, La Caisse de dépôt et placement du… Read More

September 21, 2026 @ 10:36 am By Omar Faridi  |  

Former PayPal and Intuit chief executive Bill Harris has rolled out Evergreen.ai, a consumer-facing application that uses artificial intelligence to deliver financial planning guidance built around a user’s actual accounts, goals, and tax situation. The product is now in public beta and is being positioned… Read More

September 14, 2026 @ 1:45 pm By JD Alois  |  

Anthropic has announced that Claude for financial advisors is now available. Claude for Financial Advisors streamlines and automates tasks that often take up much of the time financial advisors spend serving customers. According to a blog post, Claude prepares briefs, summaries, and drafts analyses for… Read More

September 14, 2026 @ 2:22 am By Michael Wong  |  

Luminary, an artificial intelligence (AI) platform aimed at helping financial and legal professionals manage wealth transfers, has raised $22 million in a Series A funding round led by Ten Coves Capital as demand grows for technology to handle increasingly complex estate planning. The financing brings… Read More

September 8, 2026 @ 11:21 am By Omar Faridi  |  

European wealth technology startups faced a steeper funding winter in the second quarter of 2026. Capital flowing into the sector contracted sharply from the $343.2 million raised in the opening three months of the year to $185.5 million between April and June, according to data… Read More

August 27, 2026 @ 5:29 pm By Omar Faridi  |  

Vanguard has agreed to buy Altruist, an artificial-intelligence-focused wealth technology and custody firm that serves independent financial advisors. The companies announced a definitive agreement on August 26, 2026, framing the deal as a way to widen access to advice and strengthen the tools advisors use… Read More

August 16, 2026 @ 9:28 pm By Nick Morgan  |  

Tyrone Ross Jr. on Crypto’s Education Gap, the Trillion-Dollar IPO Problem, and Why Wealth Management Is Stuck The conversation around crypto assets has evolved dramatically over the past decade. What began as a debate over Bitcoin’s legitimacy has become a much broader discussion about financial… Read More

August 13, 2026 @ 12:24 am By Omar Faridi  |  

Two former executives from the mobile banking Fintech MoneyLion have secured more than $10 million in funding to launch Astraeus, an artificial intelligence-powered infrastructure platform aimed at wealth management companies. The New York-based startup seeks to solve longstanding issues of fragmented technology systems that hinder… Read More

July 14, 2026 @ 10:38 am By JD Alois  |  

Crowdcube’s new business of managing secondary transactions, specifically for employee tenders, will soon top £100 million in volume. This is Crowdcube’s third secondary transaction, in collaboration with the London Stock Exchange’s Private Securities Market under PISCES. Recently, Crowdcube managed Wayve secondary transactions, which totaled approximately $85 million…. Read More

July 1, 2026 @ 10:17 am By JD Alois  |  

LemFi has received approval to acquire Wealth8, a UK-based investment platform. Founded in 2021, LemFi begin its existence focusing on remittances but tis now expanding services to support credit, savings and with Wealth8 investing. LemFi has received the backing of well-known VCs like Highland Europe,… Read More

June 15, 2026 @ 7:58 am By Omar Faridi  |  

US-based fintech platform iCapital has significantly expanded its presence in Hong Kong, more than doubling its prime office space to capitalize on surging demand for wealth management services across Asia. According to an update recently shared by the SCMP, the company recently leased approximately 9,000… Read More

June 6, 2026 @ 1:19 am By Omar Faridi  |  

The latest installment of Capgemini’s World Wealth Report portrays a wealth management sector experiencing significant momentum from strong market conditions, while highlighting key areas where firms must evolve to meet sophisticated client expectations. This update draws on surveys involving high-net-worth individuals, executives, and frontline relationship… Read More

April 24, 2026 @ 1:58 am By Omar Faridi  |  

Family offices are increasingly embracing alternative investments as a core strategy for long-term portfolio resilience, according to insights shared by Eric Poirier, the chief executive of Wealthtech Addepar. In a recent discussion, Poirier pointed to data from his firm’s platform showing that alternative assets now… Read More

April 20, 2026 @ 9:30 am By JD Alois  |  

Prosper Savings Limited, a Wealthtech platform that serves high-net-worth individuals, is raising money on Crowdcube. Part of a broader funding round, launched 12 March 2026 and closing 30 April 2026, so far 221 investors have committed £343,680. The company is raising equity capital at a… Read More

January 28, 2026 @ 8:11 am By Tony Zerucha  |  

Zocks, a privacy-focused AI platform for financial advisors, has raised $45 million in Series B funding co-led by Lightspeed Venture Partners and QED Investors, along with participation from Illuminate Financial and all existing investors, including Motive Partners, Expanse Venture Partners, Entrée Capital, and 14Peaks Capital…. Read More

January 26, 2026 @ 12:43 am By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) has completed the acquisition of WealthOS, a technology platform specializing in pensions and wealth management solutions. This deal underscores the banking provider’s ongoing commitment to enhancing its digital offerings in an increasingly competitive financial landscape. WealthOS, known for its cloud-based tools that… Read More

January 23, 2026 @ 9:52 am By JD Alois  |  

Pave Finance, a Wealthtech that supports investment advisors, is now integrated on Fidelity, one of the largest brokerages and RIA custodians. Pave is said to save advisors up to 18 hours per week through automation. Registered investment advisors (RIAs) will be now able to connect… Read More