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WealthTech Weekly: September 16, 2022

Welcome to the news highlights of this week.

- Bolt drops its acquisition with Wyre

- FP Alpha goes for a vast integration with PreciseFP

- FNZ acquires DIAMOS AG

- Objectway has a new managing director

- InvestSuite raises millions in a Series A round

- Centricity scoops re-seed a bit less than InvestSuite

Let’s take a closer look.

Big names, new names

U.S. Wealthtech Bolt announced it called off a $1.5 billion acquisition with Wyre. The decision emerged amid the valuation drops in the Fintech market.

Read more here.

 

FP Alpha, a provider of an AI-backed all-in-one financial planning software, revealed its truly heavyweight integration with PreciseFP. Now advisors can streamline their workflows by managing their client data on FP Alpha in seconds.

Read more here.

 

FNZ, a wealth management company based in the U.K., gave the green light to its acquisition of DIAMOS AG. This investment management solutions provider will help FNZ reinforce its position and further expand in Europe. 

Read more here.

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Italian Objectway, listed among the Top 100 global FinTech providers, has welcomed Hassan Suffyan as managing director for the UK and Ireland.

Read more here.

 

Belgian automated investment solutions company InvestSuite has netted €6 million in Series A and got two new strategic investors.

Read more here.

 

Centricity, an Indian Wealthtech startup, has received $4 million in funding to build a solution for advisors and would-be wealth management solopreneurs.

Read more here.

Bigger picture

While the global Wealthtech market is growing, Singapore’s sector is speeding up to turn into a premier Wealthtech powerhouse in Asia-Pacific (APAC), according to KPMG and Endowus.

Read more here.

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  • We assemble dedicated teams for Fintech projects and manage them long-term. 
  • A thorough understanding of financial concepts helps our developers build best-in-class gear. 
  • By fostering a culture of financial literacy across the company, we make our team grow professionally and improve their financial well-being. 

Fact: our expertise saves you at least 25% of the time compared to teams inexperienced in Fintech. Contact Vasyl Soloshchuk or schedule a call with one of our tech experts to learn more. See you on the innovation side!

 

WealthTech Weekly: February 10, 2023

WealthTech Weekly: February 10, 2023

Here’s everything you wanted to know about the industry this week but were too excited about Super Bowl to keep track of. Enjoy!

What’s going on:

- Groundfloor expands in the U.S., pledges $30 million for local residential housing

- Blueleaf welcomes Tim Minert, now responsible for business development

- Joe Duran leaves Goldman Sachs

- ...

Here’s everything you wanted to know about the industry this week but were too excited about Super Bowl to keep track...
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