Tuesday, October 24, 2017
INSTITUTIONAL INVESTING & TRADING

INSTITUTIONAL INVESTING & TRADING

Risk management platform ICD scores investment from Parthenon

Investment risk management company Institutional Cash Distributors has secured an investment from Parthenon Capital Partners. Read more: fintech.global

La Caisse and Desjardins join forces, create FinTech fund

Fund will operate independently of either company, support promising FinTech start-ups, Read more: www.insurancebusinessmag.com

Spaceship raises $19.5m, cuts fees and ups exposure to Tech

Sydney, Australia-based Spaceship Financial Services has reportedly raised $19.5m in funding, with plans to cut fees and increase its exposure to tech stocks. Read more: member.fintech.global

Vertex Ventures said to close third fund on $210m

Venture capital firm Vertex Ventures has reportedly closed its third Southeast Asian venture vehicle on $210m. Read more: fintech.global

Finbourne launch Lusid cloud-based utility for asset managers

LUSID, which stands for ‘Liberated Unified Secure Investment Data-machine’, is a new cloud-based asset management platform which will replace, Read more: www.finextra.com

Stock picking game launches platform to buy real stocks

Kerim Derhalli brought in $1 billion for its clients when he was a banker, now he's democratizing finance with his app Invstr. Read more: uk.businessinsider.com

Credit risk management platform Tinubu secures €53m funding

Credit risk management platform Tinubu Square has secured a €53m round of funding from Long Arc Capital and Bpifrance. Read more: fintech.global

Stock investment platform Stockpile bags $30m Series B

Stock investment application Stockpile has bagged a $30m Series B funding round, which was led by Fidelity backed Eight Roads Ventures. Read more: fintech.global

Hong Kong now has three FinTech sandboxes

InvestHK is out with a laudatory statement regarding the Hong Kong Monetary Authority's decision to "upgrade" its FIntech Supervisory Sandbox with new feat. Read more: www.crowdfundinsider.com

Banca Generali and Saxo Bank partner for digital trading

Italy’s Banca Generali and Denmark-based Saxo Bank will establish an exclusive partnership to offer online trading and digital services. Read more: www.bankingtech.com