- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Manchester tech companies raised £500m+ in 2022 to take top Northern spot

Manchester produced eight ‘futurecorns’ and six unicorns last year across the tech sector.

BBVA ports investment banking platform to AWS

BBVA says the pay-per-use platform will significantly reduce service costs.

SBF-Owned Emergent Fidelity Technologies Filed for Bankruptcy

The only other sizable asset owned by Emergent Fidelity Technologies was US$ 20.7 million in cash.

Sustainable smartphones firm Fairphone attracts €49m from impact investors

The funding came from an investor consortium led by Invest-NL, ABN Amro Sustainable Impact Fund and Quadia and will help the Dutch company to expand its business, finance product development and scale up impact

Membrane Finance rolls out EU-regulated crypto stablecoin

EUROe transforms a fiat Euro into a 1:1 pegged digital currency transactable on Ethereum

Central Bank of Ireland warns payment firms about governance deficiencies

The central bank sets out its findings relating to five key areas: safeguarding; governance, risk management, conduct and culture; business model, strategy and financial resilience; operational resilience and outsourcing; and AML/CFT.

Fintech firm launches client management app for IFAs

“We set out to create a solution that resolved the two key problems of poor personal document management and simple end-of-life and legacy planning," said Fraser, Lyfeguard's chief operating officer.

82% of millionaires seek advice on crypto as Bitcoin soars

The price drops came as investors reduced their exposure to risk-on assets, including stocks and crypto, due to heightened concerns about inflation and slower economic growth.

AI company raises £1.5m to roll out social housing platform

The latest round will enable Pivigo to create new jobs, boost its sales and marketing, and roll out the product to more social landlords.

Migom Bank Seeks Partnerships to Drive Innovation in Neobanking

Migom Bank is an established digital bank. Recently, the company has announced its initiatives to expand through partnering with other financial institutions.

Hawk AI accelerates global expansion with $17m Series B

Hawk AI helps financial institutions fight financial crime.

Swissquote launches platform for external asset managers

Etops Group and Swissquote have partnered to launch the new product, called Asset Master.

Attractive valuations for fast-growing tech 'utility'

Cybersecurity spending to hit $172bn

Platforum: Most adviser tech companies can’t expect to survive

The patchwork of systems available across the market has led to a dazzling array of technology but advice firms’ approach to it can differ wildly.

£123 million in open banking payments made via the HMRC app

This means that over the course of eight months, the volume of transactions per month grew by more than 2.5 times, while the value of transactions per month tripled.

XPAY selects Finastra to support expansion of services and rapid growth plans

Finastra’s Fusion Essence, pre-integrated with Salt Edge’s Open Banking Compliance, and financial services ecosystem will enable ongoing innovation

HMRC’s open banking payments via Ecospend hits £10.5bn

With £123m via HMRC’s mobile app alone.

SS&C Intralinks’ Forecasts M&A Deal Flow Resilience, Growth in Q1 2023

Predicting market volume movements since 2020 has been a challenge

Bestinvest unveils free mobile app as it enhances its service for 2023

New mobile app. available to download from the Apple App Store for iOS and the Google Play Store for Android, is the latest milestone for Bestinvest - the online investment and coaching service – following a major revamp last year

J P Jenkins becomes part of CrowdX Group

All share exchange acquisition gives London’s oldest private equity market significant tech boost

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