Savings app Chip and money management app Emma are joining forces in an open banking collaboration team to allow UK customers to track their automatic savings and savings goals within Emma’s dashboard. Read more: www.bankingtech.com
The top 100 WealthTech companies of 2019 from across the globe have been identified in the inaugural WealthTech 100 list, which has been compiled by FinTech Global.
Broadway Technology, provider of high-performance fixed income and foreign exchange solutions, has acquired the entirety of Barracuda FX, a provider of FX order management technology. Read more: www.bankingtech.com
Berlin based Penta, a challenger bank for startups and small businesses, has been acquired by fintech venture builder finleap. Read more: www.finextra.com
German-based banking app N26, geared toward younger customers and backed by notable billionaires like Peter Thiel and Li Ka-shing, wants to expand beyond Europe while keeping product offerings simple, according to reports. Read more: pymnts.com
Ellevest, the digital investment platform built by women, for women, announced today that it closed a $33m funding round, led by Rethink Impact and PSP Growth. Read more: finextra.com
Illimity is a new Italian bank resulting from the merger of Spaxs and Banca Interprovinciale, calling itself “new generation”. Read more: www.bankingtech.com