Wylth®, a cutting-edge technology platform, has recently been launched as India’s first Independent Multi-Asset platform for Independent Financial Advisors (IFAs). It offers a comprehensive digital platform with a vision to revolutionize the Financial Products Distribution business.

Monneo, a complete end-to-end payment ecosystem provider, has announced the launch of its new central London office. In opening the office, the company has taken an important next step in its overarching global expansion plan.    

Global private market exchange ADDX has raised approximately US$20 million in fresh capital from new and existing shareholders. KB Securities, a subsidiary of Korea’s largest banking group KB Financial Group (KBFG), led this latest investment, which was part of an upsized Pre-Series B round. The round kicked off in May 2022, when ADDX announced a US$58 million fundraising involving new shareholders Stock Exchange of Thailand (SET), Hamilton Lane and UOB.

Wintrust Financial Corporation (“Wintrust”) and Rothschild & Co announced they have entered into an agreement for Wintrust to acquire two asset management businesses from Rothschild & Co North America Inc. Wintrust’s subsidiary, Great Lakes Advisors, LLC, agreed to purchase Rothschild & Co Asset Management US Inc.

Compliance Systems, the financial industry’s leading provider of digital and dynamic compliance documentation, announced today the release of the industry’s first document solution for treasury management services, Simplicity Treasury Management. This cloud-based solution helps financial institutions streamline their treasury management operations and delivers highly configurable, cost-effective compliant content from a proven technology partner. 

The European Commission has voted to adopt the Digital Operational Resilience Act (DORA), in response to a spate of widespread system outages and cyber threats in the financial services sector, the regulation will bring all EU states into line when it comes to operational resilience.
 

Cyber intelligence platform Lab 1 today announced a £1m funding round supported by MMC Ventures Co-Founder & Chairman and investor Alan Morgan, alongside MMC Ventures, prominent investor Cris Conde and SyndicateRoom's Access EIS Fund.

Paysend, the UK-based fintech, today introduced Paysend Libre, which will allow unbanked users in Northern Central America (Guatemala, Honduras, El Salvador) to receive remittances from the U.S. instantly to a Paysend virtual Mastercard digital card.

Finquest, a fintech company that helps Private Equity and Corporate Mergers & Acquisitions teams source proprietary mid-market deals, has today announced a 100 per cent expansion of its private company database alongside headcount growth to 250 global employees.

Brightwell, an Atlanta-based global payments technology company, today announced a new cross-border payments solution, Brightwell’s ReadyRemit *, powered by The Bancorp Bank, N.A., and Mastercard’s Cross-Border Services. ReadyRemit allows fintechs, businesses and program managers to increase revenue and loyalty by offering a user-friendly, cross-border payments solution that also features compliance capabilities. The partnership will enable access to funds, including near real-time and same-day service where available.