INSTITUTIONAL INVESTING & TRADING

INSTITUTIONAL INVESTING & TRADING

Deutsche Bank buys 12.5% stake in TrustBills

Banking giant Deutsche Bank is making an investment in the FinTech space and taking a 12.5% stake in trade receivables marketplace TrustBills. Read more: www.fintechroundup.com

Funderbeam grabs €2m for startup stock exchange

Blockchain-based trading and investment platform Funderbeam has picked up €2m from Japanese investor and incubator Mistletoe. Read more: www.fintechroundup.com

WeConvene scoops up $12.5m to facilitate corporate access

Corporate access platform for the investment community WeConvene has raised $12.5m in a Series B round. CreditEase's Fintech Investment Fund led the round. Read more: www.fintechroundup.com

Tiger Brokers adds another $14m to Series B round

Chinese online brokerage Tiger Brokers has tacked on another $14m to its Series B round. China Growth Capital led the Series B+ round. Read more: www.fintechroundup.com

Alibaba to allow financial institutions to set up shop

Ant Financial's investing app Ant Fortune unveiled Caifu Hao earlier this week. Read more: e27.co

Hyperledger bond trading platform goes open source

A bond trading platform built on top of Hyperledger's Sawtooth Lake distributed ledger was made open source this week. Read more: www.coindesk.com

German & Austrian SMEs look to Finnest for growth

Finnest, an SME or “Mittelstand spezialist,” is helping Austria-based Biogena to fund its expansion in Germany. Read more: www.crowdfundinsider.com

INTL FCStone launches web-based gold trading platform

INTL FCStone Inc’s London-based subsidiary has unveiled its physical trading platform for the global bullion market, PMXecute+. Read more: www.bankingtech.com

Investment firms slow to become digital leaders

A global survey of 2,000 investors and 500 investment providers has identified three aspects of data that will define stewardship for the digital age. Read more: fintechnews.sg

Bank-backed Visible Alpha unveils investment research platform

Visible Alpha has announced the commercial availability of its new investment research platform with content contributed by more than twenty research firms. Read more: www.finextra.com