$700B AUM Abrdn Acquires 1MM+ Investing Community Finimize
Investing analytics platform Finimize joins Abrdn as the incumbent continues to plough on with their digital focussed strategy.
Top Stories
🇬🇧 Abrdn Snaps Up Retail Investing Platform Finimize In Second Digital Acquisition - City AM, October 29, Aberdeen
🇺🇸 Grayscale-Parent Digital Currency Group Tops $10 Billion Valuation With Softbank, Alphabet Investments - CNBC, November 1, New York
🇦🇷 Argentine Fintech Ualá Buys Mexican Bank ABC Capital - Bloomberg, November 3, Buenos Aires
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North America News
🇺🇸 M1 Finance Strikes Banking Partnerships To Diversify Product Suite - Business Insider, October 27, Chicago
🇺🇸 Investcloud Unveils New Digital Platform - Wealthbriefing, November 1, Los Angeles
🇺🇸 Goldman Sachs Is Giving Hedge Fund Clients Crypto Research From Data Firm The Block - CNBC, October 29, New York
🇺🇸 Blackrock's No Longer Secretive Strategy To Gain Ground On Vanguard And Fidelity In $10.3 Trillion DC Market Will Now Be Tested On 120,000 Employees At Five US Companies Where It Might Work -- Or Not - RIABiz, October 30, New York
🇺🇸 Sfermion Raises $100m NFT Fund Aimed At Accelerating The Emergence Of The Metaverse - Businesswire, November 1, Chicago
🇺🇸 Burger King, Robinhood Hand Out Free Dogecoin In Play To Lure Back Retail Investors -Yahoo, November 1, Miami
🇺🇸 U.S. Bancorp Investments Launches New, Improved Automated Investor - Businesswire, November 2, Minneapolis
Emea News
🇬🇧 Advice Firms Launch Campaign Group To Tackle Advice Gap - FT Adviser, November 1, London
🇦🇪 Wealthface Launches Advanced Trading Platform - PR Newswire, November 1, Abu Dhabi
🇬🇧 Open Money Teams Up With Co-Op Credit Union To Offer Digital Advice - Money Marketing, November 1, Manchester
🇪🇺 Travails Of Us Wealthtech Sector Provide Lessons For Europe - Sifted, October 29, Europe
🇬🇧 GB Bank Scoops Restricted Banking Licence For Property Lending - Altfi, October 29, London
🇬🇧 Goldman Sachs-Backed Digital Bank Starling Expects To Go Public Within Two Years - CNBC, November 2, London
Asia Pacific News
🇭🇰 Open Banking Startup Finverse Wants To Build The Asia-Pacific Region’s Plaid - TechCrunch, October 27, Hong Kong
🇮🇳 Wealthtech Platform Fintso Buys Wealthmagic In Part-Equity, Part-Cash Deal - Pr Newswire, November 1, Mumbai
🇸🇬 DBS Launches Eco-Conscious Consumer Platform - Finextra, November 1, Singapore
🇰🇷 Korean Robo Advisor Debuts 2 US ETFs - Yahoo, October 28, Seoul
🇮🇩 Jeff Bezos Is Investing In This Indonesian E-Commerce Start-Up - CNBC, October 31, Jakarta
🌍 Asia’s Wealth Management Industry And The Quest To Drive Discretionary Portfolio Management - Hubbis, November 1, Asia
🇰🇷 FSC Korea Pledges To Support Digital Transformation Of Banks - Regulation Asia, October 31, Seoul
Blogs, Webinars, Podcasts
🇺🇸 Betterment CEO Sarah Levy: Advice Is Our “Superpower” - Altfi, November 2, New York
🌍 AI And Blockchain For Green Finance And The Circular Economy - The Tesseract Academy, November 10, Virtual
🌍 Back To The Future Of ESG Investing With Patrick Reed - Wealthtech Unwrapped, November 2, Virtual
🌍 Chainlink Co-Founder Sergey Nazarov On Building The Global Decentralized Oracle Network Powering Defi And Web3 - Fintech Blueprint, October 29, Virtual
Virtual Events & Conferences
🌍 Wealth Management In Transition Executive Forum - Aite-Novarica, November 10, Virtual
🌍 Fintech Speaker Series: Women In Wealthtech - NYU Stern Fubon Center, November 16-17, Virtual
🌍 US Wealthtech Talks: Driving Growth In Wealth Management With Technology - The Wealth Mosaic, December 2, Virtual
🇬🇧 Fintech World Forum 2021 - Fintech Conferences, November 22-23, London
Reports, Surveys, & Awards
Featured: Wealth and Asset Management 4.0 - via ThoughtLab
The pandemic has been a watershed event for the wealth industry, accelerating dramatic changes in investor attitudes, behaviors, and expectations. This ThoughtLab study reveals six key megatrends that will alter the course of the Industry: (1) a shift to digital interaction; (2) a growing desire to invest with purpose, (3) a wider demand for democratized products and services, (4) a requirement for higher integrity and standards, (5) an expectation for lower fees and pricing transparency, and (6) a greater willingness to switch providers if their needs are unmet. Great read!
🇺🇸 The Latest In Financial #Advisortech (November 2021) - Kitces, November 1, Washington
🇮🇳 Digital Wealth Management Market Forecast Analysis 2021-2028 - Orbis Research, October 29, Rahatani
🇺🇸 Wealth Apps Raised A Record $4 Billion In 2021 As Entrepreneurs Tap Into The Booming European Appetite For Investing Over Saving - Business Insider, November 2, New York
🇮🇳 Robo-Advisor Industry 2021 Market Trends, Share, Size, Growth, Supply And Manufacturers Analysis Research Report 2030 - Precision Reports, November 1, Pune
🇺🇸 Robo-Advisor Market Size, Forecast 2028 - Verified Market Research, October 31, Delaware
Partnerships, Deals, Movers
🇺🇸 Fintech Platform Tifin Secures $47m At $447m Valuation, Adds Hamilton Lane To Its Group Of Investors - Crowdfund Insider, November 1, Boulder
🇮🇳 Prudent Corporate Advisory Services Plans To Float IPO In November - Business Standard, October 31, Gujarat
🇬🇧 Moonfare Raises $125m In Series C Led By Insight Partners To Accelerate Global Growth - PR Newswire, November 2, London
🇪🇺 Wealth Apps Raised A Record $4 Billion In 2021 As Entrepreneurs Tap Into The Booming European Appetite For Investing Over Saving - Business Insider, November 2, Europe