Wealthtech

CapBridge Financial Secures Investments From SGInnovate and Hong Kong’s Cyberport

CapBridge a Singapore based private market eco-system comprising announced that it has received equity investments from SGInnovate and Cyberport Macro Fund, further attesting to its strong government support and growing regional network. SGInnovate is a private-limited company wholly owned by

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eToro Brings Commission-Free Stocks Trading To Asia Pacific

Multi-asset investment platform eToro has announced that it will extend its commission-free stocks offering to clients in Asia-Pacific, effective immediately. The zero-commission offering for Asia Pacific clients applies to all stocks on its platform that are traded on the Nasdaq

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Spark Systems’ S$15M Round Includes Investments from HSBC, Citi and OSK

Singapore based financial technology start-up Spark Systems announces the successful completion of the first close of Series BB funding round raising a total of S$15m (US$10.5m) from two Tier 1 global banks and a South East Asia focused investment firm.

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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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