Franklin Templeton partners Microsoft to build “advanced financial AI platform”
Partnership with Microsoft Azure AI: Franklin Templeton, a US-based investment management firm with over $1.6 trillion in assets under management, is partnering with...
Digital lending platform Blend Labs bags $150m funding from Haveli Investments
Investment Details: Haveli Investments, a technology-focused private equity firm based in Austin, USA, invested $150 million in Blend Labs. The investment was made...
JTC to acquire First Republic Trust Company of Delaware from JP Morgan for $21m
Acquisition Overview:JTC, headquartered in Jersey, is set to acquire First Republic Trust Company of Delaware (FRTC-DE) from JP Morgan Chase in an...
Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment
Deal Overview:Goldman Sachs is selling its digital investment advisory unit, Marcus Invest, to robo-advisor Betterment.
The agreement involves transferring the unit's digital...
US fintech start-up Pomelo bags $35m Series A funding
Funding Details:Pomelo, a San Francisco-based fintech, has raised $35 million in a Series A equity funding round.
Additionally, the company secured an...
Payflows emerges from stealth with €25m Series A funding
Payflows Series A Funding:Fintech start-up Payflows has emerged from stealth mode with €25 million in Series A funding to support its enterprise...
Kneip names ABN Amro Investment Solutions exec Elisa Alonso Sanz as new CEO
New CEO Appointment:Kneip, a Luxembourg-based fund data management and reporting solutions provider, has appointed Elisa Alonso Sanz as its new CEO, effective...
US start-up Parafin lands $125m warehouse facility from SVB and Trinity Capital
Funding Details:Parafin, an embedded finance fintech, has secured a $125 million warehouse facility from Silicon Valley Bank (SVB) and Trinity Capital.Company...
Linqto to go public via $700m SPAC merger with BCSA
Linqto Going Public:US digital investment platform Linqto is set to go public via a business combination deal with Nasdaq-listed special purpose acquisition...
