Best Egg Secures $500m Purchase Facility to Enable Personal Loan Offers
October 14, 20245 min
Forward-flow and back-book purchase commitment is led by Fortress Investment Group with Edge Focus
Arta Finance and Wio Invest launchs Wealth-as-a-Service for banks.
October 11, 20248 min
Fast-growing digital wealth management platform Arta Finance launched globally. Arta’s platform is now open to accredited investors in Singapore and to international investors open to managing their wealth in Singapore – a global wealth hub where an expected 1.6 million offshore investors are expected to manage $4.8 trillion in assets by 2028. The international launch follows Arta’s successful debut in the US in October 2023. Arta also took a major step on its B2B journey with the announcement that Abu Dhabi’s Wio Invest...
Toss Securities Appoints Gyubin Kim as New CEO
October 11, 20244 min
Toss Securities announced that Gyubin Kim, the former Head of Product, has been appointed as the new CEO. The decision, made during a general shareholders’ meeting on the 10th, is part of a strategy to bolster Toss Securities’ standing as an investment platform and broaden its range of services. Kim has been instrumental in driving service innovation since joining Toss Securities as a Product Owner (PO) in January 2022. His accomplishments include launching real-time fractional overseas...
HTX Ventures Reveals how AI and Web3 Will Revolutionize DeFi and Beyond
October 10, 20246 min
HTX Ventures, the global investment division of HTX, is paving the way for the future of AI and Web3 Integration. Edward, Managing Director of HTX Ventures, recently outlined the key investment opportunities and challenges in this sector, further underscoring HTX Ventures’ strategic approach to these emerging technologies. The Synergy of AI and Web3: Investment Opportunities and Challenges As AI technologies, such as ChatGPT, continues to disrupt industries, HTX Ventures has taken a cautious and focused...
iCapital® Surpasses US$200 Billion in Global Platform Assets
October 9, 20247 min
iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announces that it has surpassed US$200 billion in global platform assets. Increased global client demand for high-quality private market funds has led to this milestone and accelerated the growth of client assets on iCapital’s platform. “iCapital is honored to help more financial advisors than ever grow their businesses through the use of our technology and end-to-end operating platform,” said Lawrence...
Dynasty Financial Partners Closes Minority Private Capital Raise
October 9, 20245 min
Dynasty Financial Partners announced it closed a minority capital raise to fuel its ongoing growth. Several of Dynasty’s long-standing investors and members of its Board of Directors supported the round, as well as three strategic investors, including existing investor The Charles Schwab Corporation and new investors BlackRock and J.P. Morgan Asset Management. All proceeds from the investment round will go directly into Dynasty’s business to enhance its platform which helps its clients build better businesses...
Agora Data Unveils Financial Institutions Group
October 8, 20244 min
Agora Data, Inc., a leading consumer fintech company providing innovative technology, capital solutions, and advanced loan performance analytics, has announced the formation of its new Financial Institutions Group. This new division is tailored to serve finance companies that specialize in addressing the needs of the subprime to non-prime market. More specifically, the division supports independent consumer finance companies, banks, credit unions, investment firms, insurance companies, and other entities by offering these institutions the capital necessary for...
Hamilton Lane Launches Infrastructure Evergreen Funds
October 8, 20246 min
Leading private markets investment management firm Hamilton Lane announced the launch of the two new evergreen funds, offering expanded access to private market infrastructure investments to accredited investors around the world. The Hamilton Lane Global Private Infrastructure Fund (“HLGPI”) is available to qualified investors, including high-net-worth (“HNW”) investors and their wealth advisors in EMEA, Australia, Canada, Latin America and Southeast Asia. The Hamilton Lane Private Infrastructure Fund (“HLPIF”) is a continuously offered closed-end investment vehicle registered under the Securities Act...
Perigon Wealth Management Enhances Leadership to Support Continued Growth
October 7, 20247 min
San Francisco-Based Firm Brings Aboard New CFO, and Adds Two New Management Positions to Enable Continued Strategic Expansion and M&A Activity
Angela Saez Joins Aristotle Capital Boston as a Senior Research Analyst
October 4, 20243 min
Aristotle Capital Boston, LLC (“Aristotle Boston”), an independent registered investment advisor specializing in small cap and small/mid cap equity strategies, announced that Angela Saez has joined the firm as a Senior Research Analyst and as a member of the investment team. She will report to David Adams, CFA, CEO, Portfolio Manager of Aristotle Boston. Ms. Saez will be based in Boston. In her role, she will focus on conducting fundamental, bottom-up research, providing in-depth analysis...