Folio grabs $16m for theme-based investing
Japanese online asset management platform Folio has picked up $16m in a Series A round of investment.
Yomoni takes $5.4m for French robo-advisor
French robo-advisor company Yomoni has picked up $5.4m in a new round of funding from existing backer Crédit Mutuel Arkéa and Iéna Venture.
Wealthsimple grabs $15m to launch in US market
Toronto-based robo-advisor Wealthsimple has raised $15.25m from Power Financial Corp to launch in the US.
SoFi buys Zenbanx to launch banking product
SoFi is expanding into banking with the acquisition of mobile-banking startup Zenbanx. The company will pay around $100m for the startup
Cleo pockets $700,000 for personal savings chatbot
Artificial intelligence-powered finance chatbot Cleo has picked up $700,000 from angel investors. The London-based company saw participation from a large group of well-known European tech figures.
Raisin picks up €30m for deposits marketplace
Berlin-based banking deposit marketplace Raisin has closed €30m in a Series C funding round led by US VC Thrive Capital. Ribbit Capital and Index Ventures also participated.
InvestEdge pockets $5m for wealth advisor tech
Wealth advisor solutions provider InvestEdge has raised $5m in growth debt financing from Vistara Capital Partners.
WealthTech developer Startburst takes $6.25m to build more apps
FinTech app developer targeting investors, advisors and brokers Starburst Labs has closed its Series A round with $6.25m.
Kasisto nabs $9.2m for financially-trained chat bots
Conversational artificial intelligence startup aimed at financial services Kasisto has raised $9.2m in a Series A round led by Propel Venture Partners.
CompareEuropeGroup takes €20m for comparison platform
London-based financial service comparison platform CompareEuropeGroup has raised €20m in its Series A round. The investment comes from ACE & Company.
