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: www.fintechroundup.com
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: www.businesswire.com
Alibaba to allow financial institutions to set up shop
Ant Financial's investing app Ant Fortune unveiled Caifu Hao earlier this week. Read more: e27.co
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: www.cryptocoinsnews.com
Metori selects QuantHouse to automate trading portfolio
QuantHouse announced that Metori Capital Management has selected QuantFACTORY to automate its trading portfolio. Read more: www.finextra.com
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: fintechranking.com
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: www.fintechroundup.com
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: www.fintechroundup.com
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: www.fintechroundup.com
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: www.fintechroundup.com