MARKET SECTORS

London-based identity and background checking startup Onfido has raised a new round of venture funding.

Alternative tenancy deposit platform Reposit has secured £400,000 in seed funding from Seedcamp and the London Co-Investment Fund. Read more: techcitynews.com

MIS Asia offers Information Technology strategy insight for senior IT management - resources to understand and leverage information technology from a business leadership perspective. Read more: www.mis-asia.com

DriveWealth, a New Jersey startup providing retail investors and ordinary consumers with access to the US stock market, is expanding its APIs to cater to investment advisors.

Finalists include six companies with adviser tools for client prospecting, advising on student loans and more. Read more: www.investmentnews.com

LendingHome, the largest mortgage marketplace lender, continues to instill investor confidence for investing in its high-quality, high-yield real estate assets. Read more: finance.yahoo.com

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

Percentile, providers of technology for risk management and regulatory compliance. Read more: www.finextra.com

Aided by robos, advisors will become more like today’s doctors, analyzing information and reviewing the platforms' recommendations and helping clients implement them. Read more: www.thinkadvisor.com

Automated investment services are increasingly pushing into managing personal finances in areas previously left to larger brokerages as profit margins narrow. Read more: upstart.bizjournals.com