Monday, January 23, 2017

FinTech startup Squirrel is crowdfunding fresh investment

Squirrel is seeking to raise £400,000 on equity crowdfunding platform SyndicateRoom, with £100,000 of that already promised by angel investor Jos Evans. Read more:

Bankin pockets €7m for personal finance app

French personal finance management app Bankin has raised €7m in a new round of venture funding. Omnes Capital led the investment. Read more:

CompareEuropeGroup takes €20m for comparison platform

London-based financial service comparison platform CompareEuropeGroup has raised €20m in its Series A round. Read more:

Slack Invests in finance bot startup Sway Finance

The Slack bots will be able to provide reports on revenues and expenses at a given period of time, or show deposits, cash flows, and cash balances, among other things. Read more:

Monzo Announces 2016 Highlights (Infographic)

Following an exciting year, which involved an epic Crowdcube campaign and name change, digital bank Monzo shared more details about 2016’s successes. Read more:

Beyond robo-advisers: how AI could rewire wealth management

Banks' wealth management departments and other investment firms are starting to adopt artificial intelligence. Read more:

Is digital advice really the future?

Investors are more willing to pay for financial advice, challenging the fear that robo-advice platforms will run traditional advisory firms out of business. Read more:

Singapore gets robo-advisor for women

The brainchild of former hedge fund manager Gina Heng, the licensed service says that it wants to empower women to achieve their long-term financial goals. Read more:

Top 15 best robo-advisors of 2017

The top robo advisors are beginning to assert themselves and disrupt the financial space. Read more:

New digital bank coming to Middle East, Bank Clearly

Bank Clearly, a new mobile bank, is being set up in the UAE. Clearly will offer account opening “in seconds, completely online”. Read more: