Wealthtech
BNP Paribas to Acquire Currency Risk Management Company Kantox
French banking group BNP Paribas announced plans to acquire UK currency risk management company Kantox, building on the companies’ existing partnership which started in 2019. Kantox’s software solution helps companies automate their entire foreign exchange workflow, including risk analysis and
Read MoreAlpian Launches Its Private Banking App for the Mass Affluent
Digital private bank Alpian has launched its mobile-first digital service which combines everyday and private banking services for the mass affluent client segment. The service aims to differentiate itself by providing clients access to personalised wealth services that are conventionally
Read MoreDeutsche Börse’s D7 Platform Performs Its First Digital Securities Issuances
Deutsche Börse’s digital post-trade platform D7, facilitated by service provider Clearstream’s infrastructure, has executed the first digital securities issuance in Germany. The first automated issuances on the D7 platform were performed by universal bank LBBW and asset management group Vontobel.
Read MoreFrench Social Trading App Shares Backed by Serena and Venus Williams
Paris-based social trading app Shares has brought on tennis legends Venus and Serena Williams as investors and its first ambassadors. The news follows the company’s US$40 million Series B round in July led by Peter Thiel’s Valar Ventures. Shares combines
Read MoreFinax Launches the First Pan-European Pension Product for Digital Nomads
Bratislava-based wealthtech Finax has become the first company to receive a license to offer a pan-European Personal Pension Product (PEPP) to clients in Slovakia. The PEPP is a portable, voluntary personal pension scheme regulated by the European Insurance and Occupational
Read MoreeToro Partners OpenPayd to Enable Instant Deposits and Withdrawals Across Europe
Social investment platform eToro has partnered with banking infrastructure provider OpenPayd to provide eToro’s European customers with instant withdrawals and deposits. OpenPayd will allow eToro to issue virtual International Bank Account Numbers or IBANs unique to each customer, and give
Read MoreWealthtech InvestSuite Secures €6 million Series A, Adds New Board Members
Wealthtech solutions provider InvestSuite has completed a €6 million Series A investment round, bringing the total raised to €15 million since inception. Founded in 2018, the company develops white-label portfolio construction, digital investing and portfolio reporting solutions for financial institutions.
Read MoreStableton Hires Former GenTwo CMO
Alternative investment platform Stableton Financial has hired Sandra Chattopadhyay in its newly created role of Head of Content & Communications, responsible for the firm’s global content, communication and media activities. Sandra has 20 year experience in investment banking and wealth management,
Read MoreFNZ Group to Acquire German Wealthtech Specialist Diamos
London based Wealth management platform FNZ announced that it has agreed to acquire investment management solutions provider DIAMOS AG to bolster FNZ’s client proposition in the German market. DIAMOS will also provide FNZ with its technology expertise in fund administration
Read MoreStableton Strengthens Executive Management Team
Alternative investment platform Stableton announced the promotion of Roman Loosli, Freddie Cunningham and Christian Schmid to the firm’s executive management team. The move also sees the promotion of Roman Loosli from Head of Data & Solution Architecture to Chief Technology
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