Chinese FinTech fund invests in US startup
- 7 years 7 months ago
- Investment, FinTech StartUps
CreditEase, a $1 billion Chinese FinTech investment fund operating abroad, has announced a series of investments in US-based financial technology startups. It was founded in December 2015 by former Donaldson, Lufkin & Jenrette investment banker Ning Tang, has participated in a series C financing round in US electronic bond trading platform Trumid, and a series B round in capital markets corporate access firm, WeConvene. It has also joined a... more
VentureFounders saw more than £40m funding in 2 years
- 7 years 7 months ago
- Investment
VentureFounders, UK-based online equity investment platform has stated that more than £40m has been invested in campaigns presented on the platform since it launched in late 2014.
Charles Schwab Represents Schwab Intelligent AdvisoryTM
- 7 years 7 months ago
- Investment, IT Innovations
Charles Schwab today announced the broad availability of Schwab Intelligent AdvisoryTM, the firm’s new hybrid advisory service that combines live credentialed professionals and advanced technology to make financial and investment planning more accessible.
Miura Releases its MiFID II Regulatory Portal to Support Investors
- 7 years 7 months ago
- Investment, Regulatory Standards
Miura Consulting are pleased to announce the launch of their new MiFID II Regulatory Portal, in partnership with SAS, the analytics leader. The Portal is now supporting Investment firm clients with a “one-stop-shop” MiFID II Regulatory Solution. Miura’s portal is unique in that it not only identifies each output an organisation requires to comply with the MiFID II regulation, it has pre-configured compliance documentation templates and reporting... more
Solactive Launches Solactive Digital Economy Index
- 7 years 7 months ago
- Investment
Solactive and Belfius are launching a smart beta strategy allowing investors to gain exposure to the digitalization trend affecting world economies and societies. Specifically, the new Solactive Digital Economy Index mirrors the performance of 50 European companies whose business models are likely to be impacted by the process of digitalization, while tilting the composition towards dividend-paying low- volatility stocks. The Index is licensed... more
Freetrade raises £1.1 million on Crowd Fundraising Campaign
- 7 years 7 months ago
- Investment, IT Innovations
Freetrade, an app-only stockbroker service designed to democratise access to the stock market by offering zero commission on global transactions, or account minimums, has raised £1.1 million within 12 days of its second Crowdcube, crowd fundraising campaign.
Ayming UK partners Cova Advisory for global expansion
- 7 years 7 months ago
- Investment, Consultancy
Ayming, the international business performance consultancy, today announced a new strategic partnership between its UK arm and Cova Advisory, a leading South African consultancy on investment incentives, to enable both partners to expand their global footprint.
Symvan Capital aims at £10m for Technology EIS investment fund
- 7 years 7 months ago
- Investment, IT Innovations
Symvan Capital, provider of tax-efficient disruptive technology investment opportunities, is targeting a £10 million fundraising for its new high-growth technology EIS fund. This fund will benefit from the government’s Enterprise Investment Scheme (EIS). Namely, capital gains on disposal of shares are freed from Capital Gains Tax after three years, relieved capital gains or income is available for EIS shares which are disposed of at any time at... more
Sift Releases Free App for iOS And $1.5 Million Seed Round Investment
- 7 years 7 months ago
- Investment, IT Innovations
Today, Sift, a free application that maximizes credit card benefits and earns reimbursements for consumers, announced a $1.5 million Seed Round and the public release of their app, available for iOS on the App Store.
Swiss Finance Council Represents a New Discussion Paper
- 7 years 7 months ago
- Investment, Banking
On the occasion of its third public event in Brussels, the Swiss Finance Council (SFC) presents its new Discussion Paper entitled ‘The EU and its Partners: Banks and Investors in a Digital World’.
TORSTONE TECHNOLOGY CONTINUES EXPANSION IN JAPAN
- 7 years 7 months ago
- Securities Services, IT Innovations, Infrastructure
Torstone Technology is the leader in post-trade securities and derivatives processing. Today it has announced plans to further expand its services in Asia, supported by senior appointments in Japan, and the signing of a multi-year deal with another new client, Natixis Japan Securities Co. Ltd, to use Torstone’s collateral management module.
UK Bond Network Gets FCA Authorisation
- 7 years 7 months ago
- Platform Technology, Investment
UK Bond Network, the corporate bond investment and financing platform, has received direct authorisation from the Financial Conduct Authority.
$1.5 Billion Investment For BBVA Bancomer
- 7 years 7 months ago
- Investment, Banking
BBVA Executive Chairman Francisco González expressed his commitment to Mexico during his visit to Mexico City, announcing new investments to move forward the transformation process at BBVA Bancomer.
Asia-Pasific eclipsed North America in Fintech Investments in 2016
- 7 years 7 months ago
- Investment
Global investment in financial technology (fintech) ventures grew 10 percent in 2016, to US$23.2 billion, driven primarily by a wave of blockbuster deals in China, according to Accenture (NYSE:ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm. “Alibaba and JD.com were two major fintech investors this year, as they focus on providing their customers with end-to-end services including payments and lending”
UK accountancy firms heavily invest in technology, even if their partners` profit declines
- 7 years 7 months ago
- Investment
According to Wolters Kluwer survey, a leading provider of tax and accounting software and information, the leading UK accountancy firms saw profit decline last year, as they invested heavily in technology to improve services to their clients. The annual survey of the financial health of the Top 75 firms, conducted by Wolters Kluwer’s Accountancy magazine, found that the sector had enjoyed its seventh consecutive year of fee income growth.
