WealthTech is changing wealth management including tax planning, wealth protection, wealth structuring, and wealth planning.
Here are some of the latest developments in wealthtech and the wealthtech market.
€250m in Series C extension for Trade Republic
Trade Republic, a German savings platform, announced its €250 million Series C extension led by Ontario Teachers’.
Trade Republic has grown a lot since its founding in 2015 and now boasts over a million customers for its investment services.
3rd-eyes Analytics Finds Way into US Market through Partnership with Bonsai
The wealth management and technology platform Bonsai is looking to strengthen its asset-liability management through a partnership with the Swiss wealthtech company 3rd-eyes Analytics.
Through this partnership, 3rd-eyes Analytics has a way into the US market as it powers MyBonsai with hyper-personalised wealth planning.
The partnership between the two has been dubbed a “disruptive force with respect to wealth planning in the United States”.
Nucoro Receives Unspecified Investment from Abrdn
After working together closely over the last year, Abrdn has invested in Nucoro, an investment and savings platform that focuses on B2C wealth management solutions.
Abrdn’s unspecified investment was agreed to be of more strategic value than the acquisition of Nucoro’s Exo Investing subsidiary.
Wealthtech FinaMaze partners investment research firm Ned Davis Research
Ned Davis Research (NDR) and FinaMaze have announced a partnership whereby NDR offers research, analysis, and insights to provide FinaMaze’s investors with market intelligence. FinaMaze will build the “Dynamic Ned Davis” smartfolio as per NDR’s guidelines.
The Huddlestock and Solarisbank Partnership
The European Banking-as-a-Service platform headquartered in Berlin will be working with Huddlestock. Huddlestock’s Bedrock WealthTeach SaaS trading solution will be embedded into the Solarisbank investment and brokerage services.
This solution will allow Solarisbank’s partners and end clients trading in equities, ETFs, CFDs, and mutual funds.
Blu Horseshoe Ventures and Skyhook Capital Announce Strategic Collaboration
The Australian financial company Blu Horseshoe Ventures (BHV) announced a strategic collaboration with Skyhook Capital, headquartered in Singapore, for its digital capital raising platform for ASX companies.
BHV will be using Skyhook Capital’s “Skyhook DAWN”, its Digital Asset Wealth Network infrastructure, in the Australian market to start.