FinTech platform to manage finance in South Korea
The South Korean government is launching an open platform designed to let firms develop and test apps for personal finance management. Read more: www.bankingtech.com
US robo-advisor market opens up to foreign competition
In a US robo-advice market burgeoning with new entrants from startups to wirehouses, the latest newcomer isn't even an American firm. Read more: www.financial-planning.com
RBS to become FinTech fund for challenger banks
The UK Government is proposing a package of measures worth £750m which would transform state-owned RBS into a gateway for challenger banks. Read more: www.finextra.com
Startupbootcamp cohort reveals big data as key InsurTech trend
Focus areas reveal key trends and themes for 2017 and beyond, one of which is the more effective use of big data. Read more: banknxt.com
WealthNavi picks up $15m for robo-asset management
Tokyo-based asset management service WealthNavi has raised $15m in a Series B round of funding. The investment comes from SBI Holdings and other backers. Read more: www.fintechroundup.com
Cape Analytics picks up $14m for property data
Property data company Cape Analytics has picked up $14m in a new funding round led by Formation 8. Contributions to the round also came from Data Collective, XL Innovate, Lux Capital and more. Read more: www.fintechroundup.com
Digital challenger bank Atom hits £100m in deposits
Atom Bank has launched an online-only mortgage product as it hits £100m in deposits and it plans to launch an overdraft product in 2017. Read more: www.uk.businessinsider.com
Robinhood debuts advanced trading tools
Investment app Robinhood has set out to make stock trading simple and frictionless for the millennial generation.: venturebeat.com
How wealth managers can ride the FinTech wave
Innovation in the FinTech sector is being driven by many of the same trends in the recent surge in consumer tech, such as mobile, social and data science. Read more: www.wealthmanagement.com
Brazil-based Nubank grabs $80m for digital credit card
Brazilian digital financial services firm Nubank has raised $80m in a Series D round of funding. The investment was led by DST Global. Read more: www.fintechroundup.com