TMX Group Limited announced that it has made a strategic investment in VettaFi Holdings LLC (VettaFi), a US private sector data, analytics, indexing, digital distribution and thought leadership company. VettaFi fosters a cutting-edge, data-driven platform designed to empower and educate the modern financial advisor, asset manager and institutional investor. TMX Corporation purchased approximately 21% of
Australian firm Grapple, which provides working capital loans to small and medium-sized businesses, has reportedly raised $35 million under a warehouse credit facility from financier Global Credit Investments (GCI). based in Sydney. With this money, Grapple hopes to scale and maintain its growth trajectory, according to a report by FinTech Futures. The funds will also
There is no doubt that the financial services industry is changing. With the rise of modern fintech companies, traditional banks have been forced to sit up and take notice. The next generation of customers – increasingly tech-savvy consumers – are increasingly drawn to the range of benefits offered by challenger banks. So, with an aging
The £3 billion deposits milestone was reached by Zopa Bank this week, and our clients have established a total of 150,000 new accounts to increase their savings rates in the current difficult economic climate. The goal of Zopa is to increase the productivity of the hundreds of billions of “zombie money” that are now inactive
Remitly Global, Inc. (“Remitly”), a leading provider of digital financial services for immigrants and their families in more than 170 countries around the world, today announced the successful completion of the acquisition of Rewire. , an Israeli money transfer service was announced earlier. financial services company. immigrant worker service platform, January 5, 2023. “Today marks
The fintech landscape is changing at breakneck speed, with more innovative products and services emerging every year. For companies that have launched fintech platforms and applications, it can be difficult to stay in touch with an ever-evolving industry while ensuring sustainable growth within their own platform. However, some steps can be taken to ensure that
FinTech Circular Economy Twig has announced the acquisition of Vybe technology, the leading UK youth banking provider. This new development follows the recent acquisitions of UK companies Loopster and Mobi. the market as Twig strives to be the right platform for the Gen Z market. “We are so excited to be taking this step forward
Bondsmith, the UK’s leading provider of savings and cash management solutions to the wealth management industry, has become a Prime Member of Visa, the world leader in digital payments, to continue its mission to improve the wealth management industry. Fintech and super apps are slowly gaining market share in the wealth management industry. As a
St Luke’s has launched its first credit app, TotallyMoney, with a TV and online campaign showing how, with the right advice and support, people can reach higher and achieve get your goal. A recent study by TotallyMoney revealed that 20 million adults are financially inadequate, a number that has increased by 50% in just six
Titan Wealth Holdings is pleased to announce the acquisition of Telford Mann Group Limited. With a £750 million AUA and over £700 million in assets under management, Telford Mann is a company of Notary Public Financial Planners and Discretionary Investment Directors, originally licensed was founded by Moore Chartered Accountants in 1988. Based on Kettering, the
Save®, a fintech company that helps people get a higher return on their spending and savings, today announced that it has added a new environmental, social and governance portfolio (ESG) yields from the iShares ESG Aware ETF, among other ETFs. According to Morningstar Direct, global sustainable fund assets stood at $2.24 trillion at the end
With many innovations in the field, the field continues to grow through the implementation of many areas of technology, such as chatbots, artificial intelligence, digital banking, blockchain and augmented reality. Due to these changes, many companies are able to provide high-quality service at an affordable price. Overview of the fintech market The market for fintech
