UK & US Fintech Working Group to explore regtech
Innovate Finance, the independent membership association that represents the UK’s global FinTech community, together with its strategic partner Hogan Lovells, is looking at the potentially transformative role that regulatory technology (RegTech) might play in tackling the fragmented US financial environment. The Transatlantic Policy Working Group (TPWG) – a group of FinTech, public policy, financial services and academic stakeholders – set up by Innovate Finance, and formed to help advance policies that foster responsible FinTech innovation, is seeking to publish research on the role of RegTech as a mechanism to address the increasingly complicated US financial regulatory environment. Tighter regulation can improve standards, enhance protection and engender trust and confidence amongst […]
Startup wealth manager Scalable Capital has attracted €100 million in just 10 months
Scalable Capital, a so-called “robo advisor” online wealth manager, has passed over €100 million (£83.8 million) in assets less than a year after launching. The startup, which launched in Germany 10 months ago and Britain 4 months ago, announced the milestone in a press release on Wednesday. Scalable’s total assets are growing at a rate of between €3 million (£2.4 million) and €5 million (£4.1 million) each week and the company claims this makes it one of the fastest growing digital investment managers in Europe. Business Insider reported in September that it was attracting around €4 million in deposits each week. Adam French, cofounder of Scalable Capital and CEO of […]
GBST wins 2024 IBS Intelligence Digital Banking Award for Islamic Banking & Wealth Management
GBST has been selected as the 2024 Digital Banking Award recipient for Islamic Banking & Wealth Management from IBS Intelligence.
GCEX appoints Katina Messinis as UAE Sales Director
GC Exchange FZE, part of the GCEX Group, have appointed Katina Messinis as Sales Director for the UAE region.
GBST develops innovative digital Private Equity technology platform with Luna Partners
GBST has collaborated with Luna Partners to create a technology platform that seamlessly connects investors and managers to the wholesale private equity market.
BKN301 launches cutting-edge BaaS Orchestrator platform to empower MENA banks and fintechs
BKN301’s BaaS Orchestrator is a sophisticated platform that aims to tackle the challenges encountered by fintech companies and traditional banks.
Australia’s Commonwealth Bank invests in UK compliance technology company Global Screening Services
The Commonwealth Bank has expanded its support for innovative sanctions compliance technology by investing in Global Screening Services.
Bain Capital to buy Iress’ UK Mortgages business for a total gross cash consideration of £85 million
ASX-listed Iress to divest its UK Mortgage business to Bain Capital Tech Opportunities for a total cash consideration of $164.3 million.
