BankingBusinessFinTech

Wealthtech start-up Alpheya receives investment from BNY Mellon and Lunate

  • Investment Announcement: BNY Mellon and Lunate invest $300 million in Alpheya, a new wealthtech start-up.
  • Location and Focus: Alpheya, based in Abu Dhabi Global Market (ADGM), aims to develop a customized wealth management technology platform for the MENA region, starting operations in 2024.
  • Services Offered: Alpheya plans to provide end-to-end digital solutions, including client onboarding, financial planning, portfolio construction, trading, rebalancing, risk management reporting, and analytics.
  • Open Data Architecture: Alpheya intends to leverage open data architecture to meet data privacy and localized requirements in the Middle East.
  • Stakeholder Comments: Roger Rouhana, CEO of Alpheya, emphasizes the platform’s role in enabling scalable and client-centric growth for regional wealth managers. Akash Shah, Chief Growth Officer of BNY Mellon, highlights leveraging BNY Mellon’s expertise and network.
  • Minority Share: In addition to the investment, BNY Mellon holds a minority share in Alpheya.
Previous article
Berkshire Hathaway sells stake in India’s Paytm for $165m
Next article
Your pitch deck needs to be machine-readable
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Visa Strengthens Presence with Acquisition of Prisma Medios de Pago

Visa enhances its Latin American footprint by acquiring Prisma and NewPay.Highlights: Visa acquires Prisma Medios de Pago and...
FinTech

Bank of Ireland UK Fined $3.7 Million for Delayed Anti-Fraud Tool Implementation

Regulator penalizes the bank for missing critical compliance deadlines.Highlights: Bank of Ireland UK fined $3.7 million by PRA.Penalty...
FinTech

eBay Invests in TrueLayer, Strengthening Pay By Bank Initiative

The partnership aims to enhance direct bank transfers for eBay users.Highlights: eBay invests in TrueLayer to enhance payment...
FinTech

Vestwell Doubles Valuation After $385 Million Series E Funding

U.S. savings platform Vestwell gains significant investment, boosting growth potential.Highlights: Vestwell raises $385 million in Series E funding.Valuation...

Follow us

Daily fintech insights, global payment trends, and industry moves that matter. Because in finance, timing is everything.

Company

Other Sites

MedNextz.com

Latest News

Visa Strengthens Presence with Acquisition of Prisma Medios de Pago

FinTech 0
Visa enhances its Latin American footprint by acquiring Prisma...

Bank of Ireland UK Fined $3.7 Million for Delayed Anti-Fraud Tool Implementation

FinTech 0
Regulator penalizes the bank for missing critical compliance deadlines.Highlights:...

eBay Invests in TrueLayer, Strengthening Pay By Bank Initiative

FinTech 0
The partnership aims to enhance direct bank transfers for...

Popular News

Visa Strengthens Presence with Acquisition of Prisma Medios de Pago

FinTech 0
Visa enhances its Latin American footprint by acquiring Prisma...

Bank of Ireland UK Fined $3.7 Million for Delayed Anti-Fraud Tool Implementation

FinTech 0
Regulator penalizes the bank for missing critical compliance deadlines.Highlights:...

eBay Invests in TrueLayer, Strengthening Pay By Bank Initiative

FinTech 0
The partnership aims to enhance direct bank transfers for...

© 2026 FintechInshorts. All Rights Reserved.