Tag: WealthTech News Europe
Abrdn announces £150m cost-cutting drive with 500 jobs on the chopping block
Job Cuts: Abrdn, a UK asset management firm, is implementing a "transformation programme" involving the cut of 500 jobs.
Cost Reduction Target: The program aims...
UK fintech start-up Zilo lands £25m in Series A funding
Funding Details:UK-based fintech start-up Zilo has successfully raised £25 million in a Series A funding round.Lead Investors:The funding round was...
Ireland’s Davy Capital Markets taps Torstone for its post-trade platform
Davy Capital Markets taps Torstone for post-trade processing.
The Torstone Post Trade Platform is now live for Davy, managing €16 billion in client...
Germany’s Scalable Capital secures $65m in Series E extension
Banking License Secured:Trade Republic has obtained a full EU banking license from the European Central Bank (ECB).Expanded Services:The Berlin-based platform,...
Wealthtech platform Allfunds appoints former Citi exec Antonio Varela as new COO
Antonio Varela appointed as COO at Allfunds Varela brings extensive experience in digital technologies and transformation.
He joined Citi, where he held significant...
Motive Partners to manage ABN Amro’s ventures fund as part of new partnership
Dutch investment bank ABN Amro is partnering with private equity firm Motive Partners to boost innovation in the fintech sector. Motive Ventures will take...