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

UK cashless society a step closer as more than 23m people abandon coins

Report predicts cash will account for just 6% of payments within decade, prompting fears millions will be left behind

More than a third of traditional hedge funds now invest in digital assets, nearly double a year ago

According to the report, most traditional hedge funds getting into digital assets are still just dipping their toes – 57% have less than 1% of total AuM in digital assets.

Moneyfarm: The evolution of digital wealth management

The key to this solution is the consolidation of assets on an existing adviser platform.

UBS invests in tech unicorn BigPanda

As a result, the platform helps companies reduce costs, enhance service availability, increase transparency and improve the speed of IT operations.

UBS clients help transform the biotech industry through the UBS Oncology Impact Fund

UBS clients help transform the biotech industry

Crypto.com wins FCA approval

This registration will enable Crypto.com to offer a suite of products and services to customers in the UK, compliant with local regulations.

Paysend Store to Provide an End-To-End Ecommerce Solution for UK Businesses

The addition of Paysend Store builds on Paysend’s portfolio of tools that help entrepreneurs to get their business off the ground, reach new customers and enter the e-commerce market.

GB Bank secures UK banking license

The banking licence allows Middlesbrough-headquartered GB Bank to start driving its ambitious plans forward.

Embedded finance and open banking are driving alternative lending across Europe

Two trends are helping to drive still-nascent alternative lending in many markets.

Former JPMorgan, Barclays execs on why crypto jobs attractive even in bear market

Former traditional finance veterans are debuting a crypto career at the crypto ETF issuer 21Shares despite the bear market.

CREALOGIX narrows its focus and spins off the digital learning business

The majority shareholder is a Swiss group of investors centred on blue8 AG, which is planning a 'buy & build' growth strategy with its investment in future.

Manchester-based BankiFi nabs £4 million to boost embedded banking for SMEs

The open cash management platform plans to expand in the U.S. and target over two million SMEs by 2024 through its bank partners

Tech industry consortium to run CBDC pilot with sterling stablecoin

The upcoming pilot, operating under the bannner 'Project New Era', will test high potential use-cases and provide empirical inputs to policymakers and regulators on future design considerations for CBDC development and stablecoin regulation.

Crypto.com secures UK registration for ‘cryptoasset activity’

As defined by the FCA, crypto-asset activity includes exchanging crypto-assets for money or money for crypto-assets, or automating a machine to do so, and exchanging crypto-assets for crypto-assets.

Paysafe's viafintech enters Spain with Pecunpay

The new cash-in/cash-out service is now available through Pecunpay’s integration of viacash, powered by Paysafe.

Scalable Capital doubles client assets to €10 billion

The crypto offering came six months after Scalable Capital raised more than €150 million in a Series E funding round led by Chinese tech conglomerate Tencent.

WealthTech firm Farther secures $15m investment to drive growth

The wealthtech plans to use the fresh infusion to support its expansion as well as fuel wealth management innovation.

Crypto: abrdn makes move into crypto

The asset manager now has the largest stake in the digital assets exchange Archax.

German neobank and crypto exchange Nuri files for insolvency

The company claims its 500,000 customers will have “guaranteed access” to their funds during the process.

Julius Baer Especially Positive on DeFi Coins

Julius Baer's model portfolio currently has around 5 percent allocated to alternatives with no investments in digital assets.

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