Saturday, June 23, 2018


Bumped launches to help customers own stock

Bumped, which is looking to give users fractional shares in a stock when they spend money on a participating brand, has reportedly raised $2.5m.

Kristal.AI collects $1.85m for AI-based asset management platform

Singapore-based Kristal.AI, an artificial intelligence-driven asset management platform, has raised $1.85m.

Cryptocurrency micro-investment platform Coinseed raises $1m in 12 hours for ICO

Cryptocurrency micro-investment and portfolio management platform Coinseed has raised $1m in just 12 hours of its ICO. Read more:

Trading software threatens to become next Mifid II cost battle

Now that research costs have been unbundled from trading commissions, some are warily eyeing trading software as the next potential inducement to be regulated. Read more:

Vanguard joins FinTech company for German market push

World’s second-biggest fund manager plans to open Frankfurt office this year Read more:

How AI is transforming trade settlements

Banks are investing heavily in disruptive technologies to boost operational efficiencies. Read more:

Algo Trader eyes the blockchain market, following recent funding close

Algo Trader hopes to become the preferred supplier for professional traders with anything traded on the blockchain, according to Algo Trader founder and CEO Andy Flury. Read more:

Will BlackRock’s algorithms beat the fund managers?

Larry Fink’s firm hopes to build a ‘quant’ powerhouse through its active equities arm. Read more:

Robinhood said to close $350m funding at $5.6bn valuation

Free stock trading platform Robinhood has reportedly closed a $350m new round of funding which values the company at $5.6bn. Read more:

BondMason collects £1.85m, oversubscribing by 50%

Direct lending investment platform BondMason has collected £1.85m in its funding round, 50 per cent more than its initial target. Read more: