Wealthtech
News
Light Frame raises $5.1M seed led by Fortino Ventures for wealth core banking software
Light Frame has closed an oversubscribed $5.1 million seed round led by Fortino Ventures.
Acorns acquires Frich, a 1.6M-member community where young Americans learn about money from each other
Acorns has acquired Frich, a peer-led money community for young Americans with 1.6 million members and its own network of creators producing financial…
PlannerPal raises $6M led by Mercia Ventures to build the client intelligence layer for UK financial advice
PlannerPal has raised $6 million (£4.3 million) led by Mercia Ventures.
Zomint raises Rs 36 crore (about $3.75M) in a seed round from Lightspeed and Prime Venture Partners
Indian wealthtech Zomint has raised Rs 36 crore, about $3.75 million, in a seed round from Lightspeed and Prime Venture Partners.
Pave Finance raises $15M Series A at $100M pre-money valuation
Pave Finance raises $15M Series A at a $100M pre-money valuation to scale AI portfolio management for advisors.
OpenAI launches ChatGPT for Financial Services with Morgan Stanley and Evercore
OpenAI launches ChatGPT for Financial Services, built with Morgan Stanley and Evercore.
Inter launches in Argentina with dollar accounts and US investing via Grupo BIND
Inter launches in Argentina with dollar accounts and US investing, in partnership with Grupo BIND.
Newsletters
Weekly update #152
Before the news of the week, a small announce from my side:
Weekly update #151
airtel Money confirmed a London IPO at an $8–9B valuation, Priority Commerce Technology is going private in a $1.6B founderled buyout, and Bessemer Venture Partners raised $5.75B in a single close. Below: an interview with Ingo Ernst, CEO of Kybix, on why business identity lags consumer KYC and w…
Weekly update #148
The latest news from the fintech and VC ecosystems
Weekly update #147
The latest news from the fintech and VC ecosystems
Weekly update #146
The latest news from the fintech and VC ecosystem
Weekly update #117
The latest news from the fintech and VC ecosystems
Weekly update #101
The latest news from the VC and fintech ecosystem
Weekly update #89
The latest news on the fintech and VC ecosystem
Weekly update #75
All the latest news from the startup, VC and fintech ecosystems
Weekly update #68
All the latest news from the startup, VC and fintech ecosystems
Podcasts
Episode 22 - Chris Harmse
In this episode, I sit down with Chris Harmse, Co-founder of BVNK.
Companies
Light Frame, delivering the future of Wealth technology to Private Banks and Wealth Management firms.
6 licensed companies linked to this topic
Products
- Acorns · Acorns · Provided by the company
Automatic saving and investing app for individuals and families
- Alpian · Alpian · Provided by the company
Swiss digital bank for banking, saving, investing and pensions
- GoHenry · GoHenry · Provided by the company
Pocket money app and debit card that teaches kids about money
- Light Frame · Light Frame · Provided by the company
Swiss core banking and portfolio management for private banks
- Pave · Pave Finance · Provided by the company
Personalised portfolio software for wealth managers
- Pixpay · Pixpay · Provided by the company
Payment card and app for kids and teens
- Zomint · Zomint · Provided by the company
Expert-managed mutual fund portfolios for investors in India
Funding rounds
$5.1M
Fortino VenturesLead, AltaIR Capital, Chamaeleon, New Stack Ventures, Rogue Venture Partners, Sidekick Partners, Studio Alpha, Tenity
$6M
INR 360M
LightspeedLead, Prime Venture PartnersLead
€21M
$3M
TetherLead
$155M
FTV CapitalLead
€1.3M
HFO InvestmentsLead
$87M
Andreessen HorowitzLead, Castle Island Ventures, Contour Venture Partners, Endeavor Catalyst, QED Investors, Swish Ventures
$8M
Gumi Cryptos CapitalLead, Joint Effects, Maven 11, Metalayer, Tribe Capital
$9M
Fifth ThirdLead