Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Saudi wealth fund launches $24bn tech fund

A sovereign wealth fund led by Saudi crown prince Mohammed Bin Salman has launched a $24bn investment fund targetting the Middle East tech sector.

28 October 2022

News/crypto

N26 unveils crypto offering

German challenger bank N26 has launched its first cryptocurrency offering which will enable clients to trade close to 200 virtual currencies.

20 October 2022

News/wealth

CFA paper calls for ethical use of AI

Ethical considerations should feature more prominently in the use of artificial intelligence (AI) in the investment management world, according to a recently published paper.

19 October 2022

News/crypto

Wave Financial buys stake in Swiss crypto firm

US-based digital asset manager Wave Financial has made its first European acquisition following the purchase of a minority stake in Swiss crypto assets firm Criptonite Asset Management.

02 September 2022

News/wealth

Asset manager launches metaverse fund

Invesco, a global asset manager with $1.6 trillion of assets under management, has launched an investment fund focused on the metaverse.

22 August 2022

News/wealth

Schroders buys stake in digital assets firm

Global asset manager Schroders has acquired a minority share in Forteus, an asset manager focused on blockchain and digital assets.

19 July 2022

News/wholesale

Caceis recruits Taurus for digital custody offering

France-based Caceis is the latest asset servicing firm to announce plans to develop its custody service for digital assets.

27 June 2022

News/wealth

United Fintech adds Athena to portfolio

United Fintech, an outfit dedicated to hoovering up a stable of capital markets fintechs, has bought a 25% stake in Athena Systems, a US provider of investment decision support and automation software.

12 January 2022

News/inclusion

Tinkoff becomes first Russian broker to offer online stock gifting service

Tinkoff Investments has become the first Russian broker to offer an online service for gifting stock.

30 December 2021

News/startups

Tokenised fund for footballers' image rights launches

A Spanish startup has launched what it claims is the world’s first tokenised investment fund focused footballer’s image rights.

09 December 2021

News/sustainable

Sustainable Finance Live: The state of the supply chain

Sustainable Finance Live is back for another virtual event. Finextra and Responsible Risk have come together for a thought-provoking series of experiential events, welcoming banking and technology ecosystems to collaborate on enabling a wave of change.

01 December 2021

News/startups

British Business Bank report highlights spike in UK VC fund performance

A sharp increase in UK venture capital (VC) fund performance over the last 12 months has been highlighted by a new British Business Bank report.

26 November 2021

News/Sibos

Sibos 2021: How can banks take meaningful action on climate change?

With COP26 fast approaching, and the financial industry facing additional costs to comply with government actions on climate change, it needs to start asking itself some tough questions, namely: Are we acting responsibly for the future? Are we driving carbon neutrality in the businesses we finance? Are we acting as an enabler for investments to lower the cost and increase the deployment of low-carbon technologies?

14 October 2021

News/markets

Augmentum completes £55m fundraising round

Fintech investment trust Augmentum has secured £55m from its latest funding round, exceeding its original £40m target

09 July 2021

News/sustainable

Sustainable Finance Live: The state of the market and planet

Today, Finextra Research and Responsible Risk kicked off proceedings for Sustainable Finance Live – a series of virtual events designed to drive the creation of actionable ESGtech strategies within the financial services sector, and foster an ecosystem of partnerships that will turn strategy into action.

11 May 2021

News/wealth

Ikigai initiates Crowdcube campaign to raise £1.2m

Ikigai, the wealth management and banking app for affluent millennials, has set up a UK public crowdfunding campaign via CrowdCube to accelerate business, their product roadmap and the tech team.

27 April 2021

News/devops

Ally partners with Microsoft Azure to prepare quantum computing-ready workforce

US fintech Ally Financial will collaborate with Microsoft on Azure Quantum solutions to develop quantum computing skills and explore how new algorithms and future quantum hardware could improve customer experience.

23 April 2021

News/crypto

Northern Trust and StanChart partner for crypto custody service

Asset servicer Northern Trust and Standard Chartered have sought to capitalise on the growing demand for cryptocurrency services by jointly developing a digital custody service aimed at institutional investors.

09 December 2020

News/retail

Singapore builds platform that lets people consolidate financial data

Singapore has launched a data exchange platform that lets people on the island consolidate their financial information held across different government agencies and banks.

08 December 2020

News/sustainable

Coutts MD: Sustainability is about ‘unpeeling’ investment decision making

Mohammad Kamal Syed, managing director and head of investment management at Coutts & Co, tells Finextra Research of the ‘root and branch uplift’ in the firm’s investment decision making to address ESG goals.

20 October 2020

Portfolio management