Tags: finance
Prosper Secures £4M Funding to Revolutionize Wealth Management and Upgrade Investment Services
Prosper, a London-based wealth management platform, has raised £4 million in funding, led by Fuel Ventures, to enhance its services and accelerate growth. The investment…
Yavrio, the Trailblazing Open Banking Innovator, Raises $2.4 Million in Seed Funding
Yavrio, an innovative FinTech company specializing in open banking solutions, has raised $2.4 million in a seed funding round led by Fuel Ventures, with notable…
DeepSeek Sparks Unfounded Surge in Chinese Stocks: What You Need to Know
Chinese AI company DeepSeek has sparked global attention, leading to a notable sell-off in U.S. tech stocks, including a nearly 20% drop in Nvidia’s shares.…
Infinox Faces First MiFiR Transaction Reporting Fine: What You Need to Know
Infinox Capital was fined £99,200 by the Financial Conduct Authority (FCA) for failing to submit 46,053 transaction reports between October 2022 and March 2023, which…
Australia Mandates Credit Licenses for BNPL Providers: What You Need to Know
The popularity of Buy Now Pay Later (BNPL) services in Australia has surged, with around 40% of consumers using them last year. In response, the…
Wall Street Banks Set to Offload X Debt at Discounted Rates: What You Need to Know
Bankers are looking to offload the $13 billion debt from Elon Musk’s acquisition of X, formerly Twitter, which he purchased for $44 billion in 2022.…
Shanghai Stock Exchange Unveils ESG Guidelines to Enhance Sustainability Reporting
The Shanghai Stock Exchange (SSE) has introduced two new guides to enhance the Environmental, Social, and Governance (ESG) reporting framework, aimed at improving sustainability practices…
Bank of London Faces Scrutiny for Missing Financial Filings: What It Means for Investors
The Bank of London is facing scrutiny as it prepares to file its 2023 accounts by December 31, 2024. The accounts are being prepared by…
Top WealthTech Trends to Watch in 2025: Innovations Shaping the Future of Finance
In 2024, the WealthTech sector grappled with economic challenges and geopolitical tensions, yet some companies demonstrated resilience. Industry experts provided insights for 2025, highlighting trends…
California Leads the Charge in US WealthTech Despite 2024 Investment Decline
In 2024, the US WealthTech industry faced a severe decline, with investment activity plummeting 70% year-over-year. Total funding dropped to $8.2 billion, down 65% from…
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