Wealthtech

Wealthtech Firm InvestCloud Appoints Balthazar to Lead Singapore Expansion

Global digital wealth management solutions provider, InvestCloud, has announced Taryn Balthazar as EVP, Head of Distribution Asia Pacific and Australia as the firm looks to scale up its presence and delivery capabilities in APAC. InvestCloud’s Singapore appointment is a major

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News Sentiment Analytics Platform RavenPack Expands Into Asia Pacific

After seeing an increase in demand from customers in the Asia Pacific region, RavenPack, a market leader in NLP and big data analytics, has decided to set up a dedicated office in Sydney, Australia Heading up the expansion will be

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Grab Moves into Robo-Advisory with Acquisition of Bento

Grab today announced the acquisition of Bento a Singapore-based robo-advisory start-up for an undisclosed sum, that will allow Grab to offer retail wealth management solutions to users, driver-partners and merchant-partners, via the Grab app. With the acquisition, Bento will be

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SCB Launches Robo Advisor in Thailand, Targets 100,000 New Customers by 2020

SCB Securities (SCBS) announced this week that they have jointly launched a robo-advisor on its Easy Invest app. Jointly developed with SCB 10X, the service features automatic mutual fund portfolio design and management using AI. Requiring only a 3,000-baht initial

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Saxo Markets and Quantifeed to Jointly Build Solution to Help The Wealth Industry Scale

Saxo Markets, a multi-asset trading and investment platforms, and Quantifeed, a digital wealth management solutions provider, have signed a Memorandum of Understanding (MoU) to build a joint solution. According to their media statement, this new solution will enable advisers to

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This Team Creates Your Crypto Enabled Swiss Bank Within 9 Months

All the way from Switzerland, we met Lloyd’s & Partners for an exclusive interview on how to build a licensed Swiss crypto bank within just nine months. Lucas Landolt, Head of Operation and Stefan Jans, Head of Communication, gave Fintechnews

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Millennials to Hold 5 Times More Wealth in 2030 — Banks Are Struggling to Attract Them

The market for investing is changing rapidly and incumbents are struggling to satisfy the needs and expectations of younger generations of investors, according to a report by tech market intelligence firm CB Insights. By 2030, Millennials are expected to hold

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Euronext FX Launches in Singapore

Euronext today announces the successful launch of Euronext FX in Singapore. Having been first announced on 26 March 2019 for a target launch date of Q4 2019, the venue was launched months ahead of schedule, with the first spot foreign

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German RISE Wealth Technologies Offers Participation in the Future of Investing

RISE Wealth Technologies’ vision is creating the future of investing to benefit from the tectonic shift in the global trillion-dollar asset management market towards AI. RISE is convinced, that their patent-filed AI machine learning platform will fundamentally change the way

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Singaporean Robo-Advisor StashAway Raises USD$12 Million in Series B Funding

StashAway, a robo-advisor for both retail and accredited investors, has completed a USD$12 million (SGD$16.4 million) Series B round led by Eight Roads Ventures, the proprietary investment arm of Fidelity International. Asia Capital & Advisors, the private equity firm led

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