Monday, April 22, 2024


PortfolioQuest scoops up pre-seed for financial training tool

Financial training tool PortfolioQuest has raised $750,000 in a pre-seed round of funding. The funding for the San Francisco and Singapore-based startup was led by Nels Friets and Venkatesh Sethuraman. Read more:

Quam Securities opens first Quam Direct Spot in Hong Kong

The first physical outlet of Quam Direct provides investors access to information and allows them to open a trading account with professionals. Read more:

Alibaba to allow financial institutions to set up shop

Ant Financial's investing app Ant Fortune unveiled Caifu Hao earlier this week. Read more:

Mizuho builds blockchain trade finance platform with IBM

Japan’s Mizuho Financial Group, subsidiary bank Mizuho and IBM Japan are jointly building a blockchain platform for trade financing. Read more:

Metori selects QuantHouse to automate trading portfolio

QuantHouse announced that Metori Capital Management has selected QuantFACTORY to automate its trading portfolio. Read more:

Robo-advisor StashAway gets approval to manage portfolios

Singapore-based FinTech startup StashAway has received in-principle approval for its Retail Fund Management from the Monetary Authority of Singapore (MAS). Read more:

Finvale scoops up $500,000 for trader tools marketplace

Russian FinTech marketplace for traders Finvale has picked up $500,000 in funding. Softline Seed Fund led the round with Da Vinci Capital also participating. Read more:

Deutsche Bank buys 12.5% stake in TrustBills

Banking giant Deutsche Bank is making an investment in the FinTech space and taking a 12.5% stake in trade receivables marketplace TrustBills. Read more:

Funderbeam grabs €2m for startup stock exchange

Blockchain-based trading and investment platform Funderbeam has picked up €2m from Japanese investor and incubator Mistletoe. Read more:

WeConvene scoops up $12.5m to facilitate corporate access

Corporate access platform for the investment community WeConvene has raised $12.5m in a Series B round. CreditEase's Fintech Investment Fund led the round. Read more: