Financing

Shaping Wealth Develops AI-Powered Behavioral Finance Assistant

Shaping Wealth, a company specializing in behavioral finance training and helping advisors understand the psychology of financial planning, has created an artificial intelligence-powered assistant to help advisors understand the emotional needs of their clients. The company developed Lydia, the...

PayPal Ventures Co-leads Qoalas $47 Million Series C Funding Round

Omnichannel InsurTech Qoala announced the completion of its Series C funding round, raising USD 47 million led by PayPal Ventures and MassMutual Ventures. The round was joined by MUFG Innovation Partners, Ohana Holdings and existing investors, Flourish Ventures, Eurazeo...

Visa and Taulia / SAP Partner to Drive Global Availability of Embedded Finance

Visa, a global leader in digital payments, and Taulia, an SAP company, and a leading provider of working capital management solutions, have announced a new partnership to make embedded finance accessible to businesses worldwide. The collaboration will incorporate Visa’s...

PayPal Ventures Leads NX Technologies € 22 Million Series B Funding Round

NX Technologies, a fintech company that operates the automotive payment management platform bezahl.de announced that it has raised 22 million euros ($24,027,000) in series B funding, led by PayPal Ventures, the corporate venture arm of global payments and commerce...

MANTRA Completes $11M Round Led by Shorooq Partners to Accelerate RWA Tokenization

MANTRA ($OM), the Layer 1 blockchain for Real World Assets (RWA), has announced the completion of a new funding round. Top venture and technology investor in the MENA region, Shorooq Partners, led the $11M investment round. Additionally, a diverse...

BlackRock Buys SpiderRock as Worlds Largest Asset Manager Expands SMA Business

BlackRock (BLK) is set to expand its offerings in separately managed accounts (SMAs) as the firm announced a deal Friday to acquire the remaining stake in SpiderRock Advisors. The world's largest asset manager first purchased a minority stake in SpiderRock...

Aditya Birla Sun Life AMC rolls out MyMutualFundGPT

Aditya Birla Sun Life AMC (ABSLAMC), incorporated in the year 1994, has launched its latest innovation, MyMutualFundGPT, an information tool designed to elevate the overall investor experience across their digital platforms. MyMutualFundGPT is the first search assist tool for investor...

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