By Moven,
Today, the team at Moven is releasing the latest update to their financial wellness platform. The release will be available in the Google Play and App store in the United States, as the team gears up to roll out the innovations for their global bank partners. (more…)
By Steve O’Hear for TechCrunch
Habito, a London startup that is bringing the entire mortgage process online, has raised £18.5 million in Series B funding. Atomico, the European VC firm founded by Skype’s Niklas Zennström, led the round, with participation from existing investors Ribbit Capital, Mosaic Ventures, and Revolutionary (Ad)Ventures. It brings the total raised by the U.K. company to just over £27 million. (more…)
By Ryan Lawler for Techcrunch
Personal finance management app MoneyLion was created to help users save money, reduce debt and improve their credit. Today the app is being updated to provide users with more personalized information about how they can improve their financial health, as well as even faster access to personal loans. (more…)
By Acorns
Micro-investing app, Acorns, today launched ‘My Finances’, a new feature for Australian customers that helps them better understand and control their spending habits. (more…)
Digital banking technology startup Meniga has announced a funding round of €7.5 million from Industrifonden. Velocity Capital, Frumtak Ventures, and Kjolfesta also participated. (more…)
By Khari Johnson for Venture Beat
Savings service Digit announced today that it is ending its free service, and in the next 100 days will begin to charge customers $2.99 monthly subscription fee. Using an algorithm that tracks your spending habits, Digit withdraws money over time and puts it in a savings account. (more…)
Facebook has revamped its AI assistant for Messenger, M, letting it butt into conversations about payments to offer help with sending and requesting money. (more…)
Digital challenger bank Monzo has completed its £2.5 million crowdfund raise, attracting a record-breaking 6500 investors to the funding round on Crowdcube. (more…)
By Ryan Lawler
Founded by serial entrepreneur Adam Dell, Clarity Money makes a personal finance app that aims to help users lower their monthly bills and improve their financial health along the way. Just three months after launch, the company is announcing another $11 million in funding from RRE Ventures and Citi Ventures. (more…)
By LTP Team
By Finextra
Personal Financial Management (PFM) has evolved greatly since its birth in the early eighties. Originally developed to bring money management into what was then a widespread technological shift to the nascent personal computer age, PFM has since become a sophisticated means of managing your money. (more…)
By
After two days of live demonstrations of some of the most novel innovations in fintech, our FinovateEurope audience has made its voice heard as to which technologies represent the Best of Show. (more…)
By LTP
Finance help app, which is aimed at millennials and anyone else who wants to better monitor their spending, takes just four weeks to launch its UK app (more…)
By Matt Heiman for TechCrunch
When the internet was first created in the 1970’s and 1980’s with the introduction of the ARPANET its early years were focused on the development of infrastructure and protocol — beyond the knowledge and far away from the consciousnesses of the general public. (more…)
Miss Kaya claims to the first licensed robo–advisor in Singapore (really true?), with Marvelstone Capital as its fund management company. Currently available to high net worth individuals, the plan is to be accessible to retail investors in the near term. (more…)
By Finextra
One week after the launch of Clarity Money, a revolutionary personal finance app, it is now a “featured” personal finance app on the Apple App Store with over 40,000 downloads thus far. (more…)
By Diederick Van Thiel for Finextra
The wealth management challenge
The high net worth individual population globally grew to 15.36 million people in 2015. The global assets under management also grew to $ 58.7 trillion. Private banks globally however experience a disruptive change in their markets. (more…)
By Alex Konrad for Forbes
In online banking, Nordic banks may have a head start on their U.S. counterparts. At banking group Swedbank, for example, customers made the switch to internet-based banking services in the late 1990s. So when entrepreneur Alexander Wallin looked for the first region in which to partner his social investing app, SprinkleBit, with a big bank, the Swedish native turned to home. (more…)
Over the last years, the growth of fintech has gained significant momentum globally, attracting US$19.1 billion in investment in 2015 alone. In Asia, fintech funding reached an all-time high, quadrupling 2014 total with US$4.54 billion in investment across 130 deals, according to a report by CB Insights and KPMG. (more…)
By
Our wealth tech industry coverage continues this week. We looked at the industry last week and reviewed the top trends earlier this month. Today we’re taking a look at industry players with B2C offerings– in other words, companies that market directly to consumers and not through businesses. (more…)
Vietnam is a very Internet-connected country, and with the increasing penetration of smartphones there is a wealth of opportunity for online businesses, digital agencies and application developers. (more…)
By Mary Wisniewski for Payments Source
Bank of America’s forthcoming mobile app update will include personal financial management features. (more…)
By Finextra
Lloyds Banking Group is to test-drive technology presented by two of the ten companies participating in this year’s Startupbootcamp demo day in London. (more…)
By Mary Wisniewski for Payments Source
Bank of America’s forthcoming mobile app update will include personal financial management features. (more…)
