Wealthtech
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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A Singapore Wealthtech Chosen for Mastercard’s Startup Engagement Program
Singapore based digital banking software provider Moneythor has been selected as one of 10 later-stage FinTech startups to be accepted onto the renowned Mastercard Start Path program, part of Mastercard Labs. Moneythor is the only participant from South East Asia.
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SGX to Invest in Sequioa Backed Wealthtech SmartKarma
Smartkarma, the global investment research network, today announced it has received a strategic investment from Singapore Exchange (SGX). The company was also highlighted in our list of Asia’s Top 19 Wealthtech Solutions in 2019. The investment marks the next step
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7 Wealthtech Solutions from Europe That Singaporean Banks Should Know
The wealth management sector is facing tremendous changes fueled by technology and changing customer expectations. Wealthtech, which stands for wealth and technology, has become one of the hottest sub segments of fintech with companies in the space raising over US$12.2
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Sumitomo Life Buys 25% Stake in Singapore Life for US$ 90 Million
Singapore Life seems to be a on a streak, as they raise yet another round funding this year. In this round, the homegrown insurtech company secure US$ 90 Million investment from Sumitomo Life Insurance company. Through this transaction Sumitomo Life
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Halo Investing Raises Series B Funding for Global Expansion of Structured Notes Platform
Halo Investing, the world’s first and only independent, multi-issuer technology platform for Structured Notes has recently closed a $12 million Series B financing round at an undisclosed valuation from venture capitalists including Allianz Life Ventures, part of Allianz Life Insurance
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3 Startups From Singapore Selected For Fintech Global’s Top 100 Wealthtech List
Data and research provider Fintech Global has released its inaugural Wealthtech 100 list, which features the world’s top 100 companies transforming the wealth and asset management industry. Wealthtech is one of the fastest growing verticals of fintech, which has attracted
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