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

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems. Highlights: Mastercard and Visa partner with banks for innovative...
FinTech

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats. Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...
FinTech

Gemini Stock Plummets as Three Top Executives Depart

Key leadership changes raise concerns over Gemini's future stability. Highlights: Gemini stock drops significantly after three executives resign.Executive departures...
FinTech

UK Banks Seek Alternatives to Visa and Mastercard Amid Concerns

Financial institutions explore options for payment processing independence. Highlights: UK banks are seeking alternatives to Visa and Mastercard.Concerns arise...

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

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

FinTech 0
Financial giants team up with banks to enhance payment...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

FinTech 0
New alliance enhances transaction security amidst rising cyber threats. Highlights:...

Gemini Stock Plummets as Three Top Executives Depart

FinTech 0
Key leadership changes raise concerns over Gemini's future stability. Highlights:...

Popular News

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

FinTech 0
Financial giants team up with banks to enhance payment...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

FinTech 0
New alliance enhances transaction security amidst rising cyber threats. Highlights:...

Gemini Stock Plummets as Three Top Executives Depart

FinTech 0
Key leadership changes raise concerns over Gemini's future stability. Highlights:...

© 2026 FintechInshorts. All Rights Reserved.